These 10 counties are the poorest in KY, ranking says. One has median income of $24K
The poorest county in Kentucky has a median income of $32,259, according to a recent report from financial website SmartAsset. The site named Breathitt County the poorest in the commonwealth.
The analysis named Fayette the 7th richest county in Kentucky, with a median income of $61,526.
SmartAsset used sources such as the U.S. Census Bureau, real estate site Zillow and the U.S. Internal Revenue Service to compile the ranking.
Harlan County had the lowest median home value in the ranking at $64,490, but the county had a higher median income than some others. Kentucky’s median household income is $55,454, according to the U.S. Census Bureau.
Clay County had the highest poverty level among the 10 poorest counties at 35.9%, the Census Bureau reports, compared to Kentucky’s statewide poverty level of 16.5%. Wolfe County had the lowest median income at $24,349.
Poorest counties in Kentucky
Here’s how the 10 poorest counties in Kentucky compare, according to SmartAsset:
1. Breathitt County
Median income: $32,259
Investment income: $11,077
Median home value: $71,454
Poverty level: 31%
2. Wolfe County
Median income: $24,349
Investment income: $6,692
Median home value: $152,051
Poverty level: 29%
3. Knott County
Median income: $35,583
Investment income: $22,896
Median home value: $104,842
Poverty level: 32%
4. Harlan County
Median income: $30,210
Investment income: $15,005
Median home value: $64,490
Poverty level: 33.2%
5. Letcher County
Median income: $35,278
Investment income: $11,496
Median home value: $70,678
Poverty level: 29.1%
6. Owsley County
Median income: $29,340
Investment income: $8,125
Median home value: $127,161
Poverty level: 35.6%
7. Bell County
Median income: $32,123
Investment income: $19,324
Median home value: $71,200
Poverty level: 32.1%
8. Fulton County
Median income: $33,567
Investment income: $22,911
Median home value: $70,853
Poverty level: 23.4%
9. Clay County
Median income: $33,399
Investment income: $16,870
Median home value: $107,492
Poverty level: 35.9%
10. Lee County
Median income: $29,817
Investment income: $8,000
Median home value: $112,896
Poverty level: 33.5%