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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

Don Hughes
Executive Director
Booneville/Owsley County Industrial Authority
1 Mulberry St
PO Box 1
Booneville, KY 41314
Phone: 606-593-6800
FAX: 606-593-7700
WEB: www.owsleycountykentucky.org
E-mail: donhughes@prtcnet.org

State

John Bevington
Deputy Commissioner
Kentucky Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601 USA

Phone: 502-564-7140 ext. 21942
Fax: 502-564-3256
Web: http:///www.thinkkentucky.com
Email: John.Bevington@ky.gov

 


 

Quick Facts

 
[Hlink_eussm]
  Industrial Electric Cost Per KWH, 2016
Kentucky $0.0549
U.S. $0.0675

 

Statistical Summary
  Population 2016
Owsley County 4,491
Labor Market Area 85,832
   
 
Per Capita Personal Income 2015 $28,741
Median Household Income 2016 $22,106
Median Home Price 2016 $59,650
   
  Unemployment Rate 2017
Owsley County 8.1%
Labor Market Area 8.4%
U.S. 4.4%
   
  Average Weekly Wage 2015
Owsley County $506
Labor Market Area $680
U.S. $1,018


 

 

Location

 

 

Selected Market Centers

Percent of U.S. Within 600 Miles of Booneville


Population
51%

Personal Income
50%

Retail Sales
49%

Manufacturing Employment
55%

Highway Distance to Selected Market Centers
    City Miles   City Miles   City Miles  
  1. Atlanta, GA 362 11. Dallas, TX 908 21. Nashville, TN 250  
  2. Baltimore, MD 550 12. Detroit, MI 425 22. New Orleans, LA 747  
  3. Birmingham, AL 406 13. Houston, TX 1,074 23. New York, NY 724  
  4. Boston, MA 933 14. Indianapolis, IN 269 24. Norfolk, VA 551  
  5. Buffalo, NY 597 15. Jacksonville, FL 657 25. Oklahoma City, OK 912  
  6. Charlotte, NC 325 16. Kansas City, MO 660 26. Omaha, NE 850  
  7. Chicago, IL 449 17. Lexington, KY 84 27. Philadelphia, PA 647  
  8. Cincinnati, OH 164 18. Louisville, KY 156 28. Pittsburgh, PA 412  
  9. Cleveland, OH 410 19. Memphis, TN 453 29. St. Louis, MO 418  
  10. Columbus, OH 270 20. Minneapolis, MN 857 30. Wichita, KS 857  
  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 189-001 Lone Oak Industrial Park 76.1 76.1 No 31 92  
  Shovel-ready 237-002 Pine Ridge Regional Business Park 112.5 55.6 No 0.1 70  

 


 

 

Buildings

 
Available Industrial Buildings
Click on a building point for details
  Bldg. ID Building Name Square Feet Ac. Min. Ceiling Ht. Rail  
  189-004 Owsley County Spec 25,920 N/A 24.0' minimum No  
Note: A "+" symbol following the building name denotes a secondary building.
Special Purpose Buildings

 


 

 

Demographics

 

 

  Total Population  
    2012 2013 2014 2015 2016  
  Labor Market Area 89,155 87,811 86,919 86,576 85,832  
  Owsley County 4,691 4,603 4,505 4,470 4,491  
 Booneville8078777676 
  Source: U.S.  Department of Commerce, Bureau of the Census, Annual Estimates.  

  Population by Selected Age Groups, 2016  
    Owsley County Labor Market Area  
Number Percent Number Percent  
  Under 16 876 19.5 16,434 19.1  
  16-24 415 9.2 8,607 10.0  
  25-44 1,076 24.0 22,172 25.8  
  45-64 1,304 29.0 24,701 28.8  
  65-84 732 16.3 12,699 14.8  
  85 and older 88 2.0 1,219 1.4  
  Median Age 42.8   41.1    
  Source: U.S. Department of Commerce, Bureau of the Census.  

  Population by Race and Hispanic Origin, 2016  
    Owsley County Labor Market Area  
Number Percent Number Percent  
  White 4,410 98.2 82,976 96.7  
  Black or African American 26 0.6 1,495 1.7  
  Am. Indian & Alaska Native 14 0.3 189 0.2  
  Asian 3 0.1 275 0.3  
  Native Hawaiian & other Pacific Islander 0 0.0 39 0.0  
  Other/Multirace 38 0.8 858 1.0  
  Hispanic Origin 63 1.4 1,037 1.2  
  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  
  Owsley County 4,300 4,125 3,919 3,685  
  Source:  Kentucky State Data Center, University of Louisville.  

  Per Capita Personal Income 2015  
    2010 2015 Pct. Change  
  Owsley County $23,413 $28,741 22.8 %  
  Kentucky $33,031 $38,588 16.8 %  
  U.S. $40,277 $48,112 19.5 %  
  Labor Market Area Range $21,834- $31,893 $25,214- $35,148    
  Source: U.S. Department of Commerce, Bureau of Economic Analysis.  

  Households  
    2016 2016  
  Number of Households Persons Per Household Median Household Income  
  Owsley County 1,681 2.66 $22,106  
  Source: U.S. Department of Commerce, Bureau of the Census.  

 


 

 

Workforce

 

 

 

  Civilian Labor Force  
    Owsley County Labor Market Area  
  2017 Feb. 2018 2017 Feb. 2018  
  Civilian Labor Force 1,139 1,109 25,524 25,167  
  Employed 1,047 1,018 23,392 23,289  
  Unemployed 92 91 2,132 1,878  
  Unemployment Rate (%) 8.1 8.2 8.4 7.5  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Unemployment Rate (%)  
  Year Owsley County Labor Market Area Kentucky U.S.  
  2013 12.0 13.4 8.3 7.4  
  2014 10.3 10.9 6.5 6.2  
  2015 10.4 9.1 5.4 5.3  
  2016 9.4 9.5 5.0 4.9  
  2017 8.1 8.4 4.9 4.4  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Commuting Patterns  
  Residents of Owsley County 2014 Percent  
  Working and Residing In County 308 22.7  
  Commuting Out of County 1,046 77.3  
  Total Residents 1,354 100.0  
  Employees in  
  Working and Residing In County 308 52.8  
  Commuting Into County 275 47.2  
  Total Employees 583 100.0  
  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, 2015  
    Owsley County Kentucky
(Statewide)
U.S.  
 Total All Industries$506$834$1,018 
 Total Private Industries4788311,017 
 Natural Resources and Mining01,0751,124 
 Construction5959931,096 
 ManufacturingN/A1,0911,237 
 Trade, Transportation and Utilities0758852 
 InformationN/A9441,829 
 Financial Activities6431,1691,691 
 Professional and Business Services08781,332 
 Education and Health Services482878911 
 Leisure and HospitalityN/A312419 
 Other Services and Unclassified317591691 
  Source: U.S. Department of Labor, Bureau of the Labor Statistics.  

 


 

 

Education & Training

 

 

  Four-Year Colleges and Universities Within 60 Miles of Booneville  
  Institutions engaged in furnishing academic courses and granting degrees at baccalaureate or graduate levels.  
  Miles Institution Location Enrollment
(Fall 2015)
 
  23  Eastern Kentucky University, Manchester Campus  Manchester  N/A  
  27  Frontier School of Midwifery and Family Nursing  Hyden  1,605  
  34  Berea College  Berea  1,643  
  38  Eastern Kentucky University  Richmond  16,844  
  38  Morehead State University at West Liberty  West Liberty  N/A  
  43  Morehead State University at Mt. Sterling  Mt. Sterling  N/A  
  44  Eastern Kentucky University, Corbin Campus  Corbin  N/A  
  44  Union College  Barbourville  1,088  
  45  Alice Lloyd College  Pippa Passes  616  
  49  Clear Creek Baptist Bible College  Pineville  151  
  51  Morehead State University  Morehead  10,872  
  52  Morehead State University at Prestonsburg  Prestonsburg  N/A  
  58  Indiana Wesleyan University - Lexington Education Center  Lexington  N/A  
  58  Lexington Theological Seminary  Lexington  81  
  58  Sullivan University, Lexington Campus  Lexington  N/A  
  58  Transylvania University  Lexington  1,053  
  58  University of Kentucky  Lexington  29,727  
  58  University of the Cumberlands  Williamsburg  6,276  
  60  Asbury Theological Seminary  Wilmore  1,540  
  60  Asbury University  Wilmore  † 1,915  
      Total Enrollments 73,411  
  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 Booneville  
  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 2015)
 
  17  Hazard Community & Technical College, Lees College Campus  Jackson  N/A  
  27  Hazard Community & Technical College - Leslie Co. Center  Hyden  N/A  
  31  Hazard Community & Technical College, Main Campus  Hazard  † 3,238  
  31  Hazard Community & Technical College, Technical Campus  Hazard  N/A  
  33  Somerset Community College, Laurel North Campus  London  N/A  
  38  American National University - Richmond KY Campus  Richmond  N/A  
  40  Hazard Community & Technical College, Knott County Branch  Hindman  N/A  
  45  Bluegrass Community & Technical College, Winchester - Clark Co. Campus  Winchester  N/A  
  48  Southeast Community & Technical College, Harlan Campus  Harlan  N/A  
  49  Southeast Community & Technical College, Pineville Campus  Pineville  N/A  
  51  Maysville Community & Technical College, Rowan Campus  Morehead  N/A  
  51  Southeast Community & Technical College, Cumberland Campus  Cumberland  † 3,111  
  52  Big Sandy Community & Technical College, Prestonsburg Campus  Prestonsburg  † 4,938  
  53  Big Sandy Community & Technical College, Mayo Campus  Paintsville  N/A  
  53  Southeast Community & Technical College, Whitesburg Campus  Whitesburg  N/A  
  58  American National University- Lexington KY Campus  Lexington  780  
  58  Bluegrass Community & Technical College, Cooper Campus  Lexington  10,388  
  58  Bluegrass Community & Technical College, Leestown Campus  Lexington  N/A  
  58  Bluegrass Community & Technical College, Newtown Pike Campus  Lexington  N/A  
  58  Somerset Community College, Somerset North Campus  Somerset  † 6,386  
  58  Spencerian College, Lexington Campus  Lexington  74  
  60  Southeast Community & Technical College, Middlesboro Campus  Middlesboro  N/A  
      Total Enrollments 28,915  
  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 Booneville  
    Enrollment (2015-2016)  
  Miles Institution Location Sec P/S Total  
  Lee County ATC  Beattyville  357 N/A 357  
  17  Breathitt County ATC  Jackson  431 N/A 431  
  17  Jackson County ATC  McKee  463 N/A 463  
  23  Clay County ATC  Manchester  337 N/A 337  
  27  Leslie County ATC  Hyden  436 N/A 436  
  37  Rockcastle County ATC  Mount Vernon  427 N/A 427  
  38  Madison County ATC  Richmond  801 N/A 801  
  38  Morgan County ATC  West Liberty  669 N/A 669  
  40  Knott County ATC  Hindman  385 N/A 385  
  43  Montgomery County ATC  Mt. Sterling  557 N/A 557  
  44  Knox County ATC  Barbourville  486 N/A 486  
  44  Corbin ATC  Corbin  452 N/A 452  
  45  Clark County ATC  Winchester  704 N/A 704  
  49  Bell County ATC  Pineville  644 N/A 644  
  50  Garrard County ATC  Lancaster  377 N/A 377  
  51  Floyd County ATC (GARTH)  Martin  291 N/A 291  
  53  Letcher County ATC  Whitesburg  569 N/A 569  
  54  Lincoln County ATC  Stanford  278 N/A 278  
  57  Jessamine Career and Technology Center  Nicholasville  3206 N/A 3206  
  58  Eastside Technical Center  Lexington  906 N/A 906  
  58  Southside Technical Center  Lexington  471 N/A 471  
  58  Pulaski ATC  Somerset  513 N/A 513  
      Total Enrollments 13,760     13,760   
  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, 2017-Present  
    Reported  
    Companies Jobs Investment  
 Manufacturing Location00$0 
 Manufacturing Expansion10$320,000 
 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 (May 17, 2018).
 
  Employment by Major Industry by Place of Work, 2015  
    Owsley County Labor Market Area  
  Employment Percent Employment Percent  
 Total All Industries665100.023,136100.0 
 Total Private Industries35453.216,71972.3 
 Natural Resources and Mining00.0710.3 
 Construction132.01450.6 
 ManufacturingN/AN/A2551.1 
 Trade, Transportation and Utilities00.03,97017.2 
 InformationN/AN/A2010.9 
 Financial Activities294.47233.1 
 Professional and Business Services00.07893.4 
 Education and Health Services17526.31,4356.2 
 Leisure and HospitalityN/AN/A460.2 
 Other Services and Unclassified182.74582.0 
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
     
  Top 20 by Employment  
  Firm Product(s)/Service(s) Emp. Year
Established
 
 Booneville 
 Booneville Sentinel IncNewspaper publishing11978 
 Wolfe Creek MetalSheet metal for residential & commercial use and accessories: metal roofing, roll forming32007 
  Source: Kentucky Cabinet for Economic Development (May 17, 2018).  

 


 

 

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  
  Owsley $0.6856 $0.7285 $0.3030    
  City  
  Booneville $0.3000 $0.3000 $0.3000    
  School District  
  Owsley County Schools $0.4790 $0.4790 $0.5780    
  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  
  Owsley   No tax   No tax  
  City  
  Booneville   No tax   No tax  
  School District  
  Owsley 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 Owsley County
  Electric  
 AEP - Kentucky Power Company - 606-929-1600 
 East Kentucky Power Cooperative - 859-744-4812 
    Jackson Energy Cooperative - 606-287-7161 
     
  Natural Gas  
 Columbia Gas of Kentucky Inc - 859-288-0227 
     
  Sewer  
  Treatment Information (gallons per day) Capacity Avg. Flow Excess  
 Booneville Water and Sewer District - 606-593-6800 
 Booneville STP200,000238,000-38,000 
  Treatment information provided by Division of Water, 502-564-3410
 
  Water  
  System Information (gallons per day) Capacity Avg. Use Excess  
 Booneville Water and Sewer District - 606-593-6800750,000538,129211,871 
  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 (2016): Owsley County - $59,650 for 20 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, 2015 56.2 degrees  
  Record Highest, July 2012 (71-year record) 105 degrees  
  Record Lowest, January 1963 (71-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, 2015 59.89 inches  
  Mean Number of Days Precipitation (0.01 inch or more) (30-year record) 129.8  
  Mean Number of Days Thunderstorms (68-year record) 39.8  
  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, 2015.
Station of record: Blue Grass Airport, Lexington, KY.
 
     
  Public School District Enrollments, 2016-2017  
    Total Enrollment Pupil To Teacher Ratio  
  Owsley County Schools 693 15.1  
  Source: Kentucky Department of Education, Office of Assessment and Accountability.