LotsCap

Economy Profile

Anderson County

  • Kentucky State
  • October, 2024
TSAC-CFD-21005

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 690219
AVG Real Growth (2017-2022)
0.84 %
Unemployment Rate (May, 2024)
4.3 %
Labor Force Size
12348
Number of Businesses
517
Average Annual Wage
$ 46502

Economy Structure

Population & Household section gives reader an outlook. of general population profile, structure, and outlook.

GDP

GDP (2022, Thousands)
$ 690219
GDP Per Capita
$ 28953
GDP Growth Rate (2022)
4.7 %
Average Growth Rate (2017-2022)
0.84 %
Goods Producing Contribution (%)
40.6%
Service Providing Contribution (%)
48.7%
Goverment Contribution
10.7%
GDP Historical Growth Rate
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP by Sectors
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP Growth by Sectors
Source: Bureau of Economic Analysis | CAGDP11

Monthly Employment

Total Labor Force
12348
Labor Force Growth
1.91%
Unemployment
535
Unemployment Rate
4.3%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
70.9%
Employment Rate (with Bachelor's Degree)
84.4%
Employment Rate (75+ y.o.)
7.7%
Employment Rate (Black)
36.8%
Employment Rate (Female)
70.8%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
517
Number of Employment
4998
Annual Average Wages
$ 46502
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 68382
Service-providing (avg pay)
$ 36701
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 69885
Household Income (Median)
$ 85850
Per Capita Income
$ 33513
Per Capita Income Growth (2010-2022)
36.7 %
Gini Index
0.4107*
Poverty Rate
13.4 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov