How does Ky rank in poverty?

State-level data from the latest American Community Survey shows Kentucky has the sixth highest poverty rate in the country. The rate is also well above the national average. Many states reaped benefits from federal coronavirus pandemic aid, but that well is now drying up.

Where does Kentucky rank in poorest states?

Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%).

What is the poverty level in KY?

In 2022, about 16.5 percent of Kentucky's population lived below the poverty line. This accounts for persons or families whose collective income in the proceeding 12 months was below the national poverty level of the United States.

Where does Kentucky rank economically?

Kentucky ranks 28th in economy size among states and Washington, DC. In the 3rd quarter of 2023, Kentucky accounted for 1.0% of the US economy. Source: Bureau of Ecomonic Analysis.

How does Kentucky rank against other states?

Overall, Kentucky ranked No. 39 in the 2023 Best State Rankings from U.S. News & World Reports.

KET - The Price of Poverty in Kentucky

Where does Kentucky rank in healthcare?

The 2023 America's Health Rankings from the United Health Foundation ranks Kentucky 41st among the 50 states based on several factors including physical health, behavioral health and socioeconomic metrics. In this same annual study, from 2016 through 2021, Kentucky was firmly one of the unhealthiest states ranked 45th.

Does KY have a strong economy?

Overview of the Kentucky Economy

Kentucky's gross state product (GSP) in 2023 reached $203.8b, with growth of 18.2k% over the 5 years to 2023. Businesses in Kentucky employed a total of 1,934,766 people in 2023, with average annual employment growth over the past five years of 1720.8%.

What is Kentucky's largest money maker?

Is Kentucky a prosperous state?

Site Selection magazine also recognized Kentucky's recent economic success, as the commonwealth placed first in the South Central region and top-5 nationally in the publication's 2023 Prosperity Cup ranking, recognizing state-level economic development agencies for their success in landing capital investment projects.

What are the poorest counties in Kentucky?

What is middle class in Kentucky?

Are you considered part of Kentucky's 'middle class' in 2023? Household incomes at the 25th and 75th percentiles are often viewed as the boundaries of America's "middle class." This is no different for Kentucky, where the median household income is $59,341.

What is the poverty rate in Kentucky 2023?

The poverty rate for people without disabilities in Kentucky was 12.8%. The range, also known as the difference between largest and smallest values, of poverty rates for people without disabilities across Kentucky counties was 31.4%.

Is Kentucky the poorest state in America?

Mississippi is the poorest state in the US, with a poverty rate of 18.7%.

Is Ky one of the poorest states?

According to the U.S. Census Bureau, the national poverty rate was 12.4% in 2022, up from 11.2% in 2021. These states have the highest percentages of poverty in the country: Mississippi, Louisiana, West Virginia, New Mexico, Arkansas, Kentucky, Alabama, Oklahoma, Texas, and New York.

Is Kentucky the poorest state?

State-level data from the latest American Community Survey shows Kentucky has the sixth highest poverty rate in the country. The rate is also well above the national average. Many states reaped benefits from federal coronavirus pandemic aid, but that well is now drying up.

Who is the richest family in KY?

Tamara Gustavson, the daughter of the late business titan B. Wayne Hughes and co-owner of Lexington's prestigious Spendthrift horse farm, has once again been recognized by Forbes as the richest person in Kentucky.

Where do millionaires live in Kentucky?

In Kentucky, the richest area is Louisville/Jefferson County: Median household income, 2022: $69,547 – the highest of the 5 state metro areas.

Is Ky considered the South?

As defined by the U.S. federal government, it includes Alabama, Arkansas, Delaware, the District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.

Is Kentucky considered the South or Midwest?

According to the U.S. Census Bureau, the South is composed of Texas, Oklahoma, Arkansas, Louisiana, Mississippi, Alabama, Tennessee, Kentucky, West Virginia, Maryland, the District of Columbia, Delaware, Virginia, North Carolina, South Carolina, Georgia—and Florida.

Why is Kentucky considered the South?

Kentucky was one of the Southern border states during the American Civil War, and it remained neutral within the Union. Despite this, representatives from 68 of 110 counties met at Russellville calling themselves the "Convention of the People of Kentucky" and passed an Ordinance of Secession on November 20, 1861.

Where does Ky rank in education?

Education in Kentucky is recorded at 45th in the United States, establishing it as one of the least educated states in the US, based on the percentage of residents with a bachelor's degree. In 1997 Kentucky was estimated to have 40% of working age adults with "low literacy skill levels...

What is so special about Kentucky?

Kentucky is known for: Horse racing. Famous bourbon distilleries. Coal mining industry.

Where does Kentucky rank academically?

University of Kentucky is ranked #159 out of 439 National Universities.