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Expand or Relocate to Kentucky
      

Kentucky Business Data

Relocate or Expand to Kentucky

KY business climate, manufacturer incentives, and advantages of local communities

Business Data for Kentucky


Population
4,339,367

Total Labor Force
2,061,437

Unemployment Rate
5.2%

# Manufacturers
4,490

Manufacturing Jobs
277,094

Right to Work
Yes

Unemp. Insurance Tax
1.0–10.0%


Manufacturing stats updated on 11/13/2017. All other data updated on 11/13/2017. IndustryNet is not responsible for errors or omissions.
 
Corporate Income Tax
Graduated: 4% on 1st $50,000; 5% on next $50,000; 6% on taxable income over $100,000.

Sales Tax
6%

Property Tax
Levied on the fair cash value of all real and tangible property. All classes of property, unless exempted by the Constitution, are taxed by the state, although at widely varying rates.

Leading Mfg. Industries
(by # of employees)
21% Transportation equipment
12% Food and kindred products
10% Industrial machinery and equipment
8% Fabricated metal products
8% Rubber and miscellaneous plastic products

Largest Mfg. Employers
(by # of employees)
Toyota Motor Mfg., Kentucky, Inc. (Georgetown) - 8,200
Ford Motor Co., Kentucky Truck Plt. (Louisville) - 8,000
Haier US Appliances Solutions, Inc. (Louisville) - 6,000
Ford Motor Co., Louisville Assembly Plt. (Louisville) - 5,000
Lexmark International, Inc. (Lexington) - 3,275
 
Counties with the Most Mfg. Jobs
Jefferson - 72,502
Fayette - 19,683
Boone - 19,263
Scott - 10,971
Warren - 10,550

Cities with the Most Mfg. Jobs
Louisville - 71,936
Lexington - 19,683
Florence - 11,437
Georgetown - 10,910
Bowling Green - 10,383

Mfg. Related Business Incentives
• Kentucky Business Investment (KBI) Program
• Kentucky Enterprise Initiative Act (KEIA)
• Direct Loan Program (KEDFA)
• Industrial Revenue Bonds (IRBs)
• Community Development Block Grants (CDBG) Loans
• Kentucky Reinvestment Act (KRA)
• Kentucky Industrial Revitalization Act (KIRA)
• High Tech Investment Construction Pools (Forgivable loan program)
• SBIR-STTR Matching Fund Program
• Commonwealth Seed Capital Investments
• Kentucky Enterprise Fund and Rural Innovation Fund
• Kentucky New Energy Ventures Fund
• Incentives for Energy Independence Act (IEIA)
• Kentucky Environmental Stewardship Act (KESA)
• Kentucky Small Business Investment Credit (KSBIC)
• Small Business Loan Program
• Kentucky Microenterprise Loan Program
• Bluegrass State Skills Corporation Training Investment Credit/Grant Reimbursement Program
• Tax Increment Financing (TIF) Programs
• Kentucky Agricultural Development Fund
• Kentucky Investment Fund (KIFA)

Economic development agencies, chambers of commerce, and other organizations & businesses available to assist with your relocation to or from Kentucky

Topeka, KS
Striving to recruit new business & help companies expand in Kansas
Are you an economic development agency, chamber of commerce, or other organization in the business of helping companies relocate or expand? List your organization here and connect with growing businesses!
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