Community Profiles

There’s a reason industry thrives in Kentucky. The cost of doing business is the third lowest in the nation. Companies benefit from the state’s low labor and electricity costs as well as its workforce training and recruitment programs.

Kentucky Lake Economic Development partners with the Kentucky Cabinet for Economic Development, the Tennessee Valley Authority and local government entities to provide options for incentives on new or expanding projects, workforce training and site location.  

 

Marshall County

Population

Total Population

32,120

Population
Growth Rate

0.26%

Median Age

46

Diversity Index

8.300

Housing & Income

Households

13,294

Total Housing Units

16,223


Owner Occupied

10,190

Renter Occupied

3,104

Vacant

2,929

Median Home Value

$129,887


Average Home Value

$159,419

Income
Growth Rate

Median
Household Income

0.20%


Per Capita Income

1.88%

Income Projection

Median Household

$42,916 $45,216


Average Household

$59,812 $65,807


Per Capita

$24,995 $27,431

Workforce

Total Businesses

1,100

Total Employed

13,462

Workers 16+

12,759

AG/Forestry/Fish/Hunting

Businesses

13

Employed

36

Mining

Businesses

0

Employed

0

Utilities

Businesses

10

Employed

69

Construction

Businesses

99

Employed

1,239

Manufacturing

Businesses

36

Employed

2,155

Wholesale Trade

Businesses

33

Employed

500

Some
High School

2,097

Graduated
High School

7,411

Associates
Degree

2,228

Bachelor's
Degree

2,462

Graduate
Degree

1,590

Average Commute Time

23 min.



Resident Commuters

7,432

Non-Resident Commuters

5,023

Drive Alone

11,002

Carpooled

906

Public

74

Work At Home

419

Population

Total Population

32,120

Population
Growth Rate

0.26%

Median Age

46

Diversity Index

8.300


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