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

32,557

Population
Growth Rate

0.38%

Median Age

47

Diversity Index

8.500

Housing & Income

Households

13,557

Total Housing Units

16,427


Owner Occupied

10,511

Renter Occupied

3,046

Vacant

2,870

Median Home Value

$141,580


Average Home Value

$170,065

Income
Growth Rate

Median
Household Income

0.39%


Per Capita Income

2.10%

Income Projection

Median Household

$51,184 $55,520


Average Household

$68,670 $76,159


Per Capita

$28,616 $31,752

Workforce

Total Businesses

1,115

Total Employed

12,834

Workers 16+

12,913

AG/Forestry/Fish/Hunting

Businesses

13

Employed

35

Mining

Businesses

1

Employed

40

Utilities

Businesses

10

Employed

81

Construction

Businesses

100

Employed

1,270

Manufacturing

Businesses

37

Employed

1,908

Wholesale Trade

Businesses

31

Employed

465

Some
High School

1,864

Graduated
High School

7,316

Associates
Degree

2,097

Bachelor's
Degree

2,550

Graduate
Degree

2,005

Average Commute Time

23 min.



Resident Commuters

7,837

Non-Resident Commuters

4,770

Drive Alone

11,371

Carpooled

818

Public

55

Work At Home

334

Population

Total Population

32,557

Population
Growth Rate

0.38%

Median Age

47

Diversity Index

8.500


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