While ZipRecruiter is seeing salaries as high as $121,831 and as low as $18,364, the majority of salaries within the Average jobs category currently range between $44,342 (25th percentile) to $66,290 (75th percentile) with top earners (90th percentile) making $80,623 annually in Kentucky.
How much money do you need to live comfortably in KY?
Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 0 Children | |
| Required annual income after taxes | $26,055 | $40,691 |
| Annual taxes | $6,092 | $9,514 |
| Required annual income before taxes | $32,147 | $50,205 |
What is considered upper class income in Kentucky?
How much does an Upper Class make in Kentucky? As of May 16, 2022, the average annual pay for the Upper Class jobs category in Kentucky is $44,453 a year. Just in case you need a simple salary calculator, that works out to be approximately $21.37 an hour. This is the equivalent of $855/week or $3,704/month.
What is the average salary in Ky?
Hourly Rate Salary in Kentucky
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $55,988 | $4,665 |
| 75th Percentile | $43,447 | $3,620 |
| Average | $34,752 | $2,896 |
| 25th Percentile | $25,978 | $2,164 |
What salary is considered good?
The weekly median earnings for full-time wage or salary workers in the United States in the second quarter of 2021 amounted to $990. It translates to a yearly income of approximately $51,480. Any amount above that should theoretically be considered a good salary; however, it is not as easy as that.
What is considered middle class in Kentucky?
The middle class is usually defined as the group of earners in the center of the earning scale.
How much you have to earn to be middle class in every state.
| State | Middle-class income | Median household income |
|---|---|---|
| Kentucky | $43,747 | $52,295 |
| Indiana | $43,310 | $57,603 |
| Mississippi | $41,839 | $45,792 |
| West Virginia | $41,649 | $48,850 |
Is $27 an hour good pay?
40 hours multiplied by 50 weeks is 2,000 working hours in a year. Now simply multiply your hourly rate by the number of working hours in the year. $27 per hour multiplied by 2,000 working hours per year is an annual income of $54,000 per year.
What salary range is middle class?
The Pew Research Center defines the middle class as households that earn between two-thirds and double the median U.S. household income, which was $61,372 in 2017, according to the U.S. Census Bureau. 21 Using Pew’s yardstick, middle income is made up of people who make between $42,000 and $126,000.
What is top 1 percent income in US?
$597,815
According to a recent study by personal finance website SmartAsset, an American family needed to earn $597,815 in 2021 to be in the top 1% nationally.
How do you know if you are middle class?
Pew defines “middle class” as a person earning between two-thirds and twice the median American household income, which in 2019 was $68,703, according to the United States Census Bureau. That puts the base salary to be in the middle class just shy of $46,000.
Is 76 000 a good salary?
An income of $70,000 surpasses both the median incomes for individuals and for households. By that standard, $70,000 is a good salary.
What is considered low income in Kentucky?
Income Limits
| Family Size | Extremely Low 30% | Median Income |
|---|---|---|
| 1 Person | $17,600 | $53,300 |
| 2 People | $20,100 | $60,900 |
| 3 People | $23,030 | $68,500 |
| 4 People | $27,750 | $76,100 |
Is it cheap to live in Kentucky?
Kentucky has about a 21% cheaper cost of living than any other state. The friendly people and the beautiful countryside make it a desirable place to call home. Each of these towns is recognized for the reasonable housing, pleasant environment and peaceful surroundings.
Is 56k a good salary?
Earning $55,000 a year is a fantastic starting salary. If you follow a strict budget and keep to your spending needs rather than wants in order, you can have enough money, a good lifestyle and stay out of debt.
Is 75k a good salary for a single person?
Given this, a good salary would be $75,000. It is higher than the national average and hovers around the average salary for the four most expensive states in the nation. In other words, a $75,000 salary would cover the basic necessities in even the priciest of areas.
What should my salary be at 30?
What was the average and median income by age in 2021?
| Age | 25% | Median |
|---|---|---|
| 29 | $24,615.00 | $41,085.00 |
| 30 | $25,000.00 | $40,560.00 |
| 31 | $28,000.00 | $45,000.00 |
| 32 | $26,001.00 | $45,330.00 |
What is the poorest town in KY?
The poorest town in Kentucky is Franklin, which is near the Kentucky-Tennessee border off of Interstate 65. According to the website, the town of 8,563 has median household income of $30,398 and a poverty rate of 26.2 percent.
What is the wealthiest city in Kentucky?
According to the report, the wealthiest city in Kentucky is Indian Hills.
Is Kentucky a rich state?
Kentucky is the fortieth richest state in the United States of America, with a per capita income of $26,779 (2017).
How much is 70k a year hourly?
$33.65
A salary of $70,000 equates to a monthly pay of $5,833, weekly pay of $1,346, and an hourly wage of $33.65.
What is $30 an hour annually?
If you make $30 per hour, your Yearly salary would be $58,500. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week.
