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Labor Market Area
Most of the demographic and workforce data that follow include totals for the community's labor market area. The map below is provided for you reference.
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Labor market counties are composed of counties which exist within a 60-minute drive range of the originating county’s county seat. A county will be included within the radius if the centroid point of a county (a point representing the center of the geographic area of a county) falls within the drive zone. Additionally, all contiguous counties will be classified as part of the labor market with the exception of non-Kentucky contiguous counties which have been excluded by the above mentioned 60-minute drive range and have a border with the Mississippi and/or Ohio Rivers.

 


Dated Material

This document contains material that is continuously updated on the Kentucky Cabinet for Economic Development's website.
For the most current information for this community please visit:


Contacts

Local

Shelby L. Miles
Executive Director
Kentucky I-71 Connected
511 Highland Ave
PO Box 334
Carrollton, KY 41008
Phone: 502-662-1426
WEB: www.ky71connected.com
E-mail: shelby.miles@carrollcountyky.com

State

Amy Bowman
Project Coordinator
Kentucky Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601 USA

Phone: 502-564-7670 ext. 22001
Fax: 502-564-3256
Web: http:///www.thinkkentucky.com
Email: Amy.Bowman@ky.gov

 


 

Quick Facts

 
[Hlink_eussm]
  Industrial Electric Cost Per KWH, 2017
Kentucky $0.0558
U.S. $0.0691

 

Statistical Summary
  Population 2017
Owen County 10,765
Labor Market Area 518,354
   
 
Per Capita Personal Income 2016 $34,892
Median Household Income 2016 $41,597
Median Home Price 2017 $85,000
   
  Unemployment Rate 2018
Owen County 4.9%
Labor Market Area 3.5%
U.S. 3.9%
   
  Average Weekly Wage 2017
Owen County $635
Labor Market Area $903
U.S. $1,042


 

 

Location

 

 

Selected Market Centers

Percent of U.S. Within 600 Miles of Owenton


Population
48%

Personal Income
53%

Retail Sales
47%

Manufacturing Employment
55%

Highway Distance to Selected Market Centers
    City Miles   City Miles   City Miles  
  1. Atlanta, GA 432 11. Dallas, TX 896 21. Nashville, TN 239  
  2. Baltimore, MD 547 12. Detroit, MI 317 22. New Orleans, LA 768  
  3. Birmingham, AL 429 13. Houston, TX 1,018 23. New York, NY 696  
  4. Boston, MA 905 14. Indianapolis, IN 162 24. Norfolk, VA 624  
  5. Buffalo, NY 488 15. Jacksonville, FL 770 25. Oklahoma City, OK 830  
  6. Charlotte, NC 450 16. Kansas City, MO 578 26. Omaha, NE 768  
  7. Chicago, IL 342 17. Lexington, KY 53 27. Philadelphia, PA 623  
  8. Cincinnati, OH 55 18. Louisville, KY 76 28. Pittsburgh, PA 342  
  9. Cleveland, OH 301 19. Memphis, TN 442 29. St. Louis, MO 336  
  10. Columbus, OH 161 20. Minneapolis, MN 750 30. Wichita, KS 775  
  Population Source: U.S. Census Bureau, Population Division, 2008 population estimate
Personal Income Source: 2007 Regional Economic Accounts, Bureau of Economic Analysis (BEA), US Dept of Commerce
Retail Sales Source: 2002 Economic Census, US Census Bureau
Manufacturing Employment Source: 2007 County Business Patterns, US Census Bureau
Highway Distance Source: ESRI Arcview StreetMap, 2007
 

 


 

 

Sites

 
Available Industrial Sites
Click on a site point for details
      Min. Distance To  
    Site ID Site Name Total Ac. Largest Possible Tract Rail Interstate/Parkway Airport  
  Shovel-ready 187-009 RC Durr Property-- Site 187-009 1055 1055 No 2 33  
  Shovel-ready 187-011 Owenton -- Blue Moon Site 187-011 51 51 No 16.3 51  
  Shovel-ready 187-001 Owenton Industrial Park 49 49 No 15 45  
  Shovel-ready 187-010 Owenton -- Secondary Site 187-010 26 26 No 18.6 49  

 


 

 

Buildings

 
Available Industrial Buildings
Click on a building point for details

This community currently has no available buildings.
Note: A "+" symbol following the building name denotes a secondary building.
Special Purpose Buildings

 


 

 

Demographics

 

 

  Total Population  
    2013 2014 2015 2016 2017  
  Labor Market Area 501,120 505,591 509,527 513,955 518,354  
  Owen County 10,621 10,638 10,710 10,642 10,765  
 Owenton1,5381,5371,5451,5391,541 
  Source: U.S.  Department of Commerce, Bureau of the Census, Annual Estimates.  

  Population by Selected Age Groups, 2017  
    Owen County Labor Market Area  
Number Percent Number Percent  
  Under 16 2,088 19.4 112,312 21.7  
  16-24 1,085 10.1 57,396 11.1  
  25-44 2,502 23.2 135,162 26.1  
  45-64 3,153 29.3 139,219 26.9  
  65-84 1,756 16.3 66,656 12.9  
  85 and older 181 1.7 7,609 1.5  
  Median Age 42.8   38.2    
  Source: U.S. Department of Commerce, Bureau of the Census.  

  Population by Race and Hispanic Origin, 2017  
    Owen County Labor Market Area  
Number Percent Number Percent  
  White 10,455 97.1 474,397 91.5  
  Black or African American 116 1.1 23,773 4.6  
  Am. Indian & Alaska Native 39 0.4 1,441 0.3  
  Asian 20 0.2 7,896 1.5  
  Native Hawaiian & other Pacific Islander 1 0.0 633 0.1  
  Other/Multirace 134 1.2 10,214 2.0  
  Hispanic Origin 297 2.8 19,900 3.8  
  Note: Hispanic is not a race category. A person can be white, black or African American, etc. and be of hispanic origin.
Source: U.S.  Department of Commerce, Bureau of the Census.
 

  Population Projections  
    2020 2025 2030 2035  
  Owen County 10,464 10,164 9,837 9,482  
  Source:  Kentucky State Data Center, University of Louisville.  

  Per Capita Personal Income 2015  
    2011 2016 Pct. Change  
  Owen County $26,405 $34,892 32.1 %  
  Kentucky $33,989 $38,926 14.5 %  
  U.S. $41,560 $49,246 18.5 %  
  Labor Market Area Range $23,461- $41,755 $29,081- $51,115    
  Source: U.S. Department of Commerce, Bureau of Economic Analysis.  

  Households  
    2016 2016  
  Number of Households Persons Per Household Median Household Income  
  Owen County 3,946 2.70 $41,597  
  Source: U.S. Department of Commerce, Bureau of the Census.  

 


 

 

Workforce

 

 

 

  Civilian Labor Force  
    Owen County Labor Market Area  
  2018 Apr. 2019 2018 Apr. 2019  
  Civilian Labor Force 5,229 5,188 270,351 272,505  
  Employed 4,974 4,965 260,781 263,860  
  Unemployed 255 223 9,570 8,645  
  Unemployment Rate (%) 4.9 4.3 3.5 3.2  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Unemployment Rate (%)  
  Year Owen County Labor Market Area Kentucky U.S.  
  2014 5.1 5.5 6.5 6.2  
  2015 4.1 4.4 5.4 5.3  
  2016 4.1 4.0 5.0 4.9  
  2017 4.3 4.0 4.9 4.4  
  2018 4.9 3.5 4.3 3.9  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Commuting Patterns  
  Residents of Owen County 2015 Percent  
  Working and Residing In County 1,126 27.0  
  Commuting Out of County 3,037 73.0  
  Total Residents 4,163 100.0  
  Employees in  
  Working and Residing In County 1,126 60.5  
  Commuting Into County 734 39.5  
  Total Employees 1,860 100.0  
  Source: U.S. Department of Commerce, Bureau of the Census, Journey-To-Work & Migration Statistics Branch.  
  Note: Data for Kentucky and its border states only.  

 

     
  Average Weekly Wage, 2017  
    Owen County Kentucky
(Statewide)
U.S.  
 Total All Industries$635$845$1,042 
 Total Private Industries7578651,064 
 Natural Resources and Mining4321,0491,086 
 Construction5431,0111,155 
 Manufacturing1,0581,1081,272 
 Trade, Transportation and Utilities773789881 
 Information8901,0442,011 
 Financial Activities6491,2361,752 
 Professional and Business Services4029311,377 
 Education and Health Services770906940 
 Leisure and Hospitality274327441 
 Other Services and Unclassified338626734 
  Source: JobsEQ, Chmura Economics.  

 


 

 

Education & Training

 

 

  Four-Year Colleges and Universities Within 60 Miles of Owenton  
  Institutions engaged in furnishing academic courses and granting degrees at baccalaureate or graduate levels.  
  Miles Institution Location Enrollment
(Fall 2018)
 
  24  Kentucky State University  Frankfort  1,926  
  28  Georgetown College  Georgetown  1,767  
  28  Midway University  Midway  1,217  
  33  Beckfield College - Florence KY Campus  Florence  617  
  36  Hanover College  Hanover, IN  1,089  
  37  Thomas More College  Crestview Hills  2,064  
  40  Employment Solutions-College for Technical Education  Lexington  N/A  
  40  Indiana Wesleyan University - Lexington Education Center  Lexington  N/A  
  40  Lexington Theological Seminary  Lexington  66  
  40  Northern Kentucky University  Highland Heights  14,456  
  40  Sullivan University, Lexington Campus  Lexington  N/A  
  40  Transylvania University  Lexington  966  
  40  University of Kentucky  Lexington  29,465  
  45  Art Academy of Cincinnati  Cincinnati, OH  181  
  45  Athenaeum of Ohio  Cincinnati, OH  195  
  45  Cincinnati Christian University  Cincinnati, OH  750  
  45  Cincinnati College of Mortuary Science  Cincinnati, OH  85  
  45  Galen College of Nursing, Cincinnati Campus  Cincinnati, OH  478  
  45  God's Bible School and College  Cincinnati, OH  306  
  45  Hebrew Union College, Cincinnati Campus  Cincinnati, OH  N/A  
  45  Mount Saint Joseph University  Cincinnati, OH  2,010  
  45  Union Institute & University, Cincinnati Academic Center  Cincinnati, OH  1,085  
  45  University of Cincinnati  Cincinnati, OH  37,155  
  45  University of Cincinnati - Blue Ash College  Cincinnati, OH  4,779  
  45  Xavier University  Cincinnati, OH  6,786  
  47  Asbury Theological Seminary  Wilmore  1,660  
  47  Asbury University  Wilmore  † 1,990  
  54  Bellarmine University  Louisville  2,757  
  54  Boyce College  Louisville  N/A  
  54  Campbellsville University, Louisville Campus  Louisville  N/A  
  54  Galen College of Nursing, Louisville Extended Classroom  Louisville  N/A  
  54  Galen College of Nursing, Main Campus  Louisville  1,703  
  54  Indiana Wesleyan University - Louisville Education Center  Louisville  N/A  
  54  Indiana Wesleyan University - Louisville Education Center  Louisville  N/A  
  54  Louisville Bible College  Louisville  N/A  
  54  Louisville Presbyterian Theological Seminary  Louisville  152  
  54  Northwood University - Louisville  Louisville  N/A  
  54  Southern Baptist Theological Seminary  Louisville  N/A  
  54  Spalding University  Louisville  2,071  
  54  Sullivan University, Main Campus  Louisville  † 3,489  
  54  University of Louisville  Louisville  21,402  
  54  University of Louisville Health Sciences Center  Louisville  N/A  
  54  University of Louisville, ShelbyHurst Campus  Louisville  N/A  
  54  Webster University, Louisville Metropolitan Campus  Louisville  N/A  
  56  Indiana University Southeast  New Albany, IN  5,238  
  56  Purdue Polytechnic Institute  New Albany, IN  N/A  
  59  Morehead State University at Mt. Sterling  Mt. Sterling  N/A  
      Total Enrollments 147,905  
  Note: Miles are calculated as straight-line distance, not highway miles.
† Denotes enrollment for entire institution, including branch campuses; otherwise, enrollment is for specified campus.
Source:  Kentucky Cabinet for Economic Development.
 

  Two-Year Colleges Within 60 Miles of Owenton  
  Institutions engaged in furnishing academic, or academic and technical, courses and granting associate degrees, certificates, or diplomas below the baccalaureate level.  
  Miles Institution Location Enrollment
(Fall 2018)
 
  20  Jefferson Community & Technical College, Carrollton Campus  Carrollton  N/A  
  28  Bluegrass Community & Technical College, Advanced Manufacturing Center  Georgetown  N/A  
  31  Jefferson Community & Technical College, Shelby Co. Campus  Shelbyville  N/A  
  31  Maysville Community & Tech College, Licking Valley Campus  Cynthiana  N/A  
  33  Gateway Community & Technical College, Boone Campus  Florence  4,201  
  35  Bluegrass Community & Technical College, Lawrenceburg Campus  Lawrenceburg  N/A  
  36  Gateway Community & Technical College, Edgewood Campus  Edgewood  N/A  
  39  Gateway Community & Technical College, Urban Metro Campus  Covington  N/A  
  40  American National University- Lexington KY Campus  Lexington  233  
  40  Bluegrass Community & Technical College, Cooper Campus  Lexington  9,478  
  40  Bluegrass Community & Technical College, Leestown Campus  Lexington  N/A  
  40  Bluegrass Community & Technical College, Newtown Pike Campus  Lexington  N/A  
  42  Interactive College of Technology - Newport KY Campus  Newport  66  
  45  Antonelli College  Cincinnati, OH  117  
  45  Cincinnati State Technical and Community College  Cincinnati, OH  8,807  
  51  Bluegrass Community & Technical College, Winchester - Clark Co. Campus  Winchester  N/A  
  54  American National University - Louisville KY Campus  Louisville  N/A  
  54  Jefferson Community & Technical College, Jefferson Technical Campus  Louisville  N/A  
  54  Jefferson Community & Technical College, Main Campus  Louisville  † 12,250  
  54  Jefferson Community & Technical College, Southwest Campus  Louisville  N/A  
  58  Maysville Community & Technical College, Main Campus  Maysville  † 3,495  
  59  Maysville Community & Tech College, Montgomery Campus  Mt. Sterling  N/A  
      Total Enrollments 38,647  
  Note: Miles are calculated as straight-line distance, not highway miles.
† Denotes enrollment for entire institution, including branch campuses; otherwise, enrollment is for specified campus.
Source:  Kentucky Cabinet for Economic Development.
 

  Kentucky Technical Schools Within 60 Miles of Owenton  
    Enrollment (2017-2018)  
  Miles Institution Location Sec P/S Total  
  20  Carroll County ATC  Carrollton  726 N/A 726  
  24  Franklin County Career and Technical Center  Frankfort  900 N/A 900  
  28  Elkhorn Crossing School  Georgetown  863 N/A 863  
  31  Harrison County ATC  Cynthiana  746 N/A 746  
  31  Shelby County ATC  Shelbyville  544 N/A 544  
  34  Oldham County CTC  Buckner  541 N/A 541  
  37  Boone County ATC  Hebron  217 N/A 217  
  38  Campbell County ATC  Alexandria  298 N/A 298  
  38  Kenton County Academies of Innovation and Technology  Fort Mitchell  534 N/A 534  
  40  Eastside Technical Center  Lexington  966 N/A 820  
  40  Southside Technical Center  Lexington  709 N/A 709  
  48  Jessamine Career and Technology Center  Nicholasville  3802 N/A 3802  
  51  Clark County ATC  Winchester  733 N/A 733  
  53  Trailblazer Academy  Harrodsburg  292 N/A 292  
  58  Mason County ATC  Maysville  181 N/A 181  
  59  Montgomery County ATC  Mt. Sterling  507 N/A 507  
  60  Nelson County ATC  Bardstown  491 N/A 491  
      Total Enrollments 13,050     12,904   
  Note: Miles are calculated as straight-line distance; not highway miles.  Kentucky Tech secondary schools, called Area Technology Centers (ATC), are operated by the Department of Education, Office of Career and Technical Education. Other secondary schools are operated locally by public school districts. Secondary student enrollment is listed under Sec, and post-secondary student enrollment is listed under P/S.
Source:  KY Cabinet for Workforce Development; KY Dept. of Education.
 

 


 

 

Business & Industry

 

 

  Summary of Recent Locations and Expansions, -Present  
    Reported  
    Companies Jobs Investment  
 Manufacturing Location154$5,196,250 
 Manufacturing Expansion00$0 
 Service & Technology Location00$0 
 Service & Technology Expansion00$0 
  Click here for detailed location and expansion information.
Note: Totals include announced locations and expansions.
Source: Kentucky Cabinet for Economic Development (August 02, 2019).
 
  Employment by Major Industry by Place of Work, 2017  
    Owen County Labor Market Area  
  Employment Percent Employment Percent  
 Total All Industries2,203100.0256,370100.0 
 Total Private Industries1,13151.3201,71978.7 
 Natural Resources and Mining140.61,6730.7 
 Construction180.87,5232.9 
 Manufacturing22310.138,91415.2 
 Trade, Transportation and Utilities34615.754,21121.1 
 Information130.61,5980.6 
 Financial Activities773.511,9824.7 
 Professional and Business Services351.628,75211.2 
 Education and Health Services1737.925,0179.8 
 Leisure and Hospitality1888.525,86310.1 
 Other Services and Unclassified452.06,1872.4 
  Source: JobsEQ, Chmura Economics.  
     
  Top 20 by Employment  
  Firm Product(s)/Service(s) Emp. Year
Established
 
  Source: Kentucky Cabinet for Economic Development (August 02, 2019).  

 


 

 

Taxes

 

 

  State Property Tax Rates Per $100 Valuation, 2016  
  Selected Class of Property State Rate Local Taxation
Permitted
 
  Real Estate $0.1220 Yes  
  Manufacturing Machinery $0.1500 No  
  Pollution Control Equipment $0.1500 No  
  Inventories:  
      Raw Materials $0.0500 No  
      Goods in Process $0.0500 No  
      Finished Goods $0.0500 Yes  
      Goods-In-Transit Exempt Limited  
  Motor Vehicles $0.4500 Yes  
  Other Tangible Personal Property $0.4500 Yes  
  Source: Kentucky Department of Revenue.  
     
  Local Property Tax Rates Per $100 Valuation, 2017  
  Taxing Jurisdiction Property Taxes
Per $100 Valuation
   
  Real Estate Tangibles Motor Vehicles  
  County  
  Owen $0.3542 $0.3731 $0.2840    
  City  
  Gratz $0.1500 $0.0000 $0.0000    
  Monterey $0.1970 $0.0000 $0.0000    
  Owenton $0.0000 $0.0000 $0.2829    
  Sparta $0.1900 $0.1900 $0.1500    
  School District  
  Owen County Schools $0.6390 $0.6390 $0.5600    
  Source: Kentucky Revenue Cabinet.  
     
  Local Occupational License Taxes, 2017  
  Cities, counties and school districts may levy an occupational license tax on the net profits of businesses and/or on the salaries and wages of employees earned in the jurisdiction. Rates can vary between the two types of occupational license taxes. Occupational license taxes may be levied on businesses as either a flat rate schedule or as a percentage of apportioned net profits or gross receipts. Where both the city and county levy an occupational license tax, a credit may be given, at the option of the local governments, for the amount paid to the city against the occupational license tax of the county. (Consult local jurisdictions for further details.)  
  Taxing Jurisdiction   Tax Rate on
Salaries/Wages
  Tax Rate on
Net Profits/Receipts
 
  County  
  Owen   No tax   No tax  
  City  
  Gratz   No tax   No tax  
  Monterey   No tax   No tax  
  Owenton   1.00%   1.00% (on gross receipts)  
  Sparta   No tax   No tax  
  School District  
  Owen County Schools   No tax   No tax  
  Source: Occupational Taxes Spreadsheet - Kentucky Secretary of State, Local Tax Listing - Kentucky Personnel Cabinet   
     

 


 

 

Regulations & Permits

 
 

Kentucky Public Protection Cabinet
Department of Housing, Buildings and Construction

Permitting Information: http://www.dhbc.ky.gov/
 
  Typical Building Permits Responsible Division # of plans Time Frame (Days)  
  Site Plan Building Code Enforcement 1 7-30  
  Building/Life Safety Building Code Enforcement 1 7-30  
  Plumbing Plumbing 3 7  
  Fire Protection Fire Prevention 1 7-30  
  Fire Alarm and Monitoring Fire Prevention 1 7-30  
  Fuel Tanks Fire Prevention
Hazardous Materials Section
1 7  
     

 

Kentucky Department for Environmental Protection
Permits, Fees, Regulatory Times, and Contacts

Permitting Program Information:
http://dca.ky.gov/DCA%20Resource%20Document%20Library/KyDEPCommonPermits2.17.14.pdf
 
     

 

 

Utilities

 

 

 
Utilities Providing Service In Owen County
  Electric  
 East Kentucky Power Cooperative - 859-744-4812 
    Owen Electric Cooperative Inc - 502-484-3471 
    Shelby Energy Cooperative Inc - 502-633-4420 
 Kentucky Utilities (a PPL company) - 800-383-5582 
     
  Natural Gas  
 City of Owenton - 502-484-2313 
     
  Sewer  
  Treatment Information (gallons per day) Capacity Avg. Flow Excess  
 Kentucky-American Water Company (Owenton) - 502-484-2330 
 KY American Water Northern STP339,000259,00080,000 
  Treatment information provided by Division of Water, 502-564-3410
 
  Water  
  System Information (gallons per day) Capacity Avg. Use Excess  
 Carroll County Water District #1 - 502-347-95001,400,000934,419465,581 
 Kentucky-American Water Company (Owenton) - 502-484-23301,440,0001,214,309225,691 
  System information provided by Division of Water, 502-564-3410  

 


 

 

Quality of Life

 

 

  General Kentucky Quality of Life Information  
  http://www.thinkkentucky.com/kyedc/qualityoflife.aspx  
  Median Home Price (2017): Owen County - $85,000 for 63 homes  
  Source: KY Department of Revenue. Data based on sales for last six months of year indicated.  
  Climate  
  Temperature    
  Normal (30-year record) 55.5 degrees  
  Average Annual, 2017 58 degrees  
  Record Highest, July 2012 (73-year record) 105 degrees  
  Record Lowest, January 1963 (73-year record) -21 degrees  
  Normal Heating Degree Days (30-year record) 4,611  
  Normal Cooling Degree Days (30-year record) 1,190  
  Precipitation    
  Normal (30-year record) 45.17 inches  
  Mean Annual Snowfall (30-year record) 13 inches  
  Total Precipitation, 2017 49.17 inches  
  Mean Number of Days Precipitation (0.01 inch or more) (30-year record) 129.8  
  Mean Number of Days Thunderstorms (70-year record) 39.7  
  Prevailing Winds South  
  Relative Humidity (30-year record)    
  1 a.m. 79 percent  
  7 a.m. 83 percent  
  1 p.m. 61 percent  
  7 p.m. 66 percent  
  Note: Heating degree day totals are the sums of positive departures of average daily temperature from 65 degrees F.  Cooling degree day totals are the sum of negative departures of average daily temperature from 65 degrees F.
Source: U.S. Department of Commerce, National Climatic Data Center, Local Climatological Data, 2017.
Station of record: Blue Grass Airport, Lexington, KY.
 
     
  Public School District Enrollments, 2016-2017  
    Total Enrollment Pupil To Teacher Ratio  
  Owen County Schools 1,826 17.1  
  Source: Kentucky Department of Education, Office of Assessment and Accountability.