Everything You Need to Know About the City of Owensboro Kentucky

In 2017, Owensboro, Kentucky had a population of 58.8k people with a median age of 37.8 and a median household income of $40,146. Between 2016 and 2017 the population of Owensboro, KY grew from 58,685 to 58,791, a 0.181% increase and its median household income grew from $37,719 to $40,146, a 6.43% increase.

The population of Owensboro, KY is 84.3% White Alone, 6.65% Black or African American Alone, and 3.73% Hispanic or Latino N/A% of the people in Owensboro, KY communicate in a non-English language, and 97.6% are U.S. residents. 

The largest universities in Owensboro, KY are Owensboro Community and Technical College (1,664 degrees awarded in 2017), Brescia University (214 degrees), and Kentucky Wesleyan College (148 degrees).

The median property value in Owensboro, KY is $107,900, and the homeownership rate is 56.2%. Most people in Owensboro, KY commute by Drove Alone, and the average commute time is 15.8 minutes. The average vehicle possession in Owensboro, KY is 2 vehicles for each household.


Education in Owensboro

In 2017, universities in Owensboro, KY awarded 2,119 degrees. The student population of Owensboro, KY is skewed towards women, with 2,497 male students and 3,309 female students.

Most students graduating from Universities in Owensboro, KY are White (1,901 and 90.2%), followed by Black or African American (100 and 4.75%), Unknown (41 and 1.95%), and Hispanic or Latino (33 and 1.57%).

The largest universities in Owensboro, KY by the number of degrees awarded are Owensboro Community and Technical College (1,664 and 78.5%), Brescia University (214 and 10.1%), and Kentucky Wesleyan College (148 and 6.98%).

The most popular majors in Owensboro, KY are Liberal Arts & Sciences (322 and 15.2%), Electrician (242 and 11.4%), and Industrial Mechanics & Maintenance Technology (192 and 9.06%).

The median tuition costs in Owensboro, KY is $22,620 for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Owensboro

The economy of Owensboro, KY employs 25.4k people and Owensboro has an unemployment rate of 4.1%. Owensboro has seen the job market increase by 1.5% in the course of the most recent year. Future job development throughout the following ten years is anticipated to be 37.1%, which is higher than the US average of 33.5%. The largest industries in Owensboro, KY are Health Care & Social Assistance (3,999 people), Manufacturing (3,936 people), and Retail Trade (3,436 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($91,364), Utilities ($66,667), and Wholesale Trade ($45,366).

Households in Owensboro, KY have a median yearly income of $40,146, which is not exactly the median yearly income of $61,937 over the whole United States. This is in contrast with a median income of $37,719 in 2016, which speaks to a 6.43% yearly development. 


Tax Rates for Owensboro 

– The Sales Tax Rate for Owensboro is 6.0%. The US average is 7.3%. 

– The Income Tax Rate for Owensboro is 7.5%. The US average is 4.6%. 

– Tax Rates can have a major effect when Comparing the Cost of Living. 


Income and Salaries for Owensboro 

– The average income of an Owensboro occupant is $21,343 every year. 

– The Median household income of an Owensboro occupant is $38,213 every year.