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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

Mike Wilson
Deputy County Judge
Magoffin County Development Authority
2487 Royalton Rd.
PO Box 430
Salyersville, KY 41465
Phone: 606-349-2313
FAX: 606-349-2109
E-mail: mike_wilson41465@yahoo.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
Magoffin County 12,538
Labor Market Area 132,466
   
 
Per Capita Personal Income 2016 $24,379
Median Household Income 2016 $29,463
Median Home Price 2017 $85,000
   
  Unemployment Rate 2018
Magoffin County 13.2%
Labor Market Area 7.2%
U.S. 3.9%
   
  Average Weekly Wage 2017
Magoffin County $516
Labor Market Area $644
U.S. $1,042


 

 

Location

 

 

Selected Market Centers

Percent of U.S. Within 600 Miles of Salyersville


Population
51%

Personal Income
50%

Retail Sales
51%

Manufacturing Employment
56%

Highway Distance to Selected Market Centers
    City Miles   City Miles   City Miles  
  1. Atlanta, GA 424 11. Dallas, TX 967 21. Nashville, TN 310  
  2. Baltimore, MD 488 12. Detroit, MI 438 22. New Orleans, LA 810  
  3. Birmingham, AL 469 13. Houston, TX 1,089 23. New York, NY 661  
  4. Boston, MA 871 14. Indianapolis, IN 281 24. Norfolk, VA 526  
  5. Buffalo, NY 525 15. Jacksonville, FL 668 25. Oklahoma City, OK 925  
  6. Charlotte, NC 299 16. Kansas City, MO 673 26. Omaha, NE 863  
  7. Chicago, IL 462 17. Lexington, KY 96 27. Philadelphia, PA 585  
  8. Cincinnati, OH 176 18. Louisville, KY 169 28. Pittsburgh, PA 350  
  9. Cleveland, OH 338 19. Memphis, TN 513 29. St. Louis, MO 431  
  10. Columbus, OH 198 20. Minneapolis, MN 869 30. Wichita, KS 869  
  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 159-002 Eastern Kentucky Business Park 186.8 51.6 No 33 61  
    153-006 Salyersville -- Site 153-006 48.59 36.5 No 0 68  

 


 

 

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 137,815 136,773 135,608 134,365 132,466  
  Magoffin County 12,935 12,970 12,794 12,684 12,538  
 Salyersville1,8311,8361,8141,8001,761 
  Source: U.S.  Department of Commerce, Bureau of the Census, Annual Estimates.  

  Population by Selected Age Groups, 2017  
    Magoffin County Labor Market Area  
Number Percent Number Percent  
  Under 16 2,485 19.8 25,361 19.1  
  16-24 1,236 9.9 13,782 10.4  
  25-44 3,035 24.2 32,562 24.6  
  45-64 3,710 29.6 37,891 28.6  
  65-84 1,899 15.1 20,836 15.7  
  85 and older 173 1.4 2,034 1.5  
  Median Age 41.9   41.6    
  Source: U.S. Department of Commerce, Bureau of the Census.  

  Population by Race and Hispanic Origin, 2017  
    Magoffin County Labor Market Area  
Number Percent Number Percent  
  White 12,357 98.6 129,053 97.4  
  Black or African American 31 0.2 1,469 1.1  
  Am. Indian & Alaska Native 41 0.3 297 0.2  
  Asian 11 0.1 425 0.3  
  Native Hawaiian & other Pacific Islander 0 0.0 32 0.0  
  Other/Multirace 98 0.8 1,190 0.9  
  Hispanic Origin 134 1.1 1,325 1.0  
  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  
  Magoffin County 12,497 12,094 11,611 11,029  
  Source:  Kentucky State Data Center, University of Louisville.  

  Per Capita Personal Income 2015  
    2011 2016 Pct. Change  
  Magoffin County $24,606 $24,379 -0.9 %  
  Kentucky $33,989 $38,926 14.5 %  
  U.S. $41,560 $49,246 18.5 %  
  Labor Market Area Range $22,309- $31,270 $24,379- $32,994    
  Source: U.S. Department of Commerce, Bureau of Economic Analysis.  

  Households  
    2016 2016  
  Number of Households Persons Per Household Median Household Income  
  Magoffin County 5,027 2.54 $29,463  
  Source: U.S. Department of Commerce, Bureau of the Census.  

 


 

 

Workforce

 

 

 

  Civilian Labor Force  
    Magoffin County Labor Market Area  
  2018 Apr. 2019 2018 Apr. 2019  
  Civilian Labor Force 2,855 2,720 39,996 39,336  
  Employed 2,477 2,435 37,135 36,955  
  Unemployed 378 285 2,861 2,381  
  Unemployment Rate (%) 13.2 10.5 7.2 6.1  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Unemployment Rate (%)  
  Year Magoffin County Labor Market Area Kentucky U.S.  
  2014 14.0 10.4 6.5 6.2  
  2015 14.7 9.4 5.4 5.3  
  2016 18.8 10.3 5.0 4.9  
  2017 15.7 8.5 4.9 4.4  
  2018 13.2 7.2 4.3 3.9  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Commuting Patterns  
  Residents of Magoffin County 2015 Percent  
  Working and Residing In County 1,095 36.7  
  Commuting Out of County 1,885 63.3  
  Total Residents 2,980 100.0  
  Employees in  
  Working and Residing In County 1,095 51.4  
  Commuting Into County 1,036 48.6  
  Total Employees 2,131 100.0  
  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  
    Magoffin County Kentucky
(Statewide)
U.S.  
 Total All Industries$516$845$1,042 
 Total Private Industries5528651,064 
 Natural Resources and Mining5781,0491,086 
 Construction6631,0111,155 
 Manufacturing7051,1081,272 
 Trade, Transportation and Utilities508789881 
 Information4551,0442,011 
 Financial Activities6831,2361,752 
 Professional and Business Services7009311,377 
 Education and Health Services680906940 
 Leisure and Hospitality229327441 
 Other Services and Unclassified460626734 
  Source: JobsEQ, Chmura Economics.  

 


 

 

Education & Training

 

 

  Four-Year Colleges and Universities Within 60 Miles of Salyersville  
  Institutions engaged in furnishing academic courses and granting degrees at baccalaureate or graduate levels.  
  Miles Institution Location Enrollment
(Fall 2018)
 
  17  Morehead State University at Prestonsburg  Prestonsburg  N/A  
  30  Alice Lloyd College  Pippa Passes  598  
  35  University of Pikeville  Pikeville  2,336  
  37  Morehead State University  Morehead  10,580  
  41  Kentucky Christian University  Grayson  688  
  44  Frontier School of Midwifery and Family Nursing  Hyden  2,004  
  53  Morehead State University at Mt. Sterling  Mt. Sterling  N/A  
  54  Morehead State University at Ashland  Ashland  N/A  
  56  Eastern Kentucky University, Manchester Campus  Manchester  N/A  
  57  Marshall University  Huntington, WV  13,246  
  58  Ohio University - Southern Campus  Ironton, OH  1,387  
  59  University of Virginia's College at Wise  Wise, VA  N/A  
      Total Enrollments 30,839  
  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 Salyersville  
  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)
 
  15  Big Sandy Community & Technical College, Mayo Campus  Paintsville  N/A  
  17  Big Sandy Community & Technical College, Prestonsburg Campus  Prestonsburg  † 4,346  
  22  Hazard Community & Technical College, Lees College Campus  Jackson  N/A  
  29  Hazard Community & Technical College, Knott County Branch  Hindman  N/A  
  35  American National University - Pikeville KY Campus  Pikeville  N/A  
  35  Big Sandy Community & Technical College, Pikeville Campus  Pikeville  N/A  
  35  Hazard Community & Technical College, Main Campus  Hazard  † 3,305  
  35  Hazard Community & Technical College, Technical Campus  Hazard  N/A  
  37  Maysville Community & Technical College, Rowan Campus  Morehead  N/A  
  44  Hazard Community & Technical College - Leslie Co. Center  Hyden  N/A  
  45  Southeast Community & Technical College, Whitesburg Campus  Whitesburg  N/A  
  53  Maysville Community & Tech College, Montgomery Campus  Mt. Sterling  N/A  
  53  Southeast Community & Technical College, Cumberland Campus  Cumberland  † 3,229  
  54  Ashland Community & Technical College, College Drive Campus  Ashland  † 2,603  
  54  Ashland Community & Technical College, Roberts Drive Campus  Ashland  N/A  
  54  Ashland Community & Technical College, Technology Dr. Campus  Ashland  N/A  
  57  Huntington Junior College  Huntington, WV  368  
      Total Enrollments 13,851  
  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 Salyersville  
    Enrollment (2017-2018)  
  Miles Institution Location Sec P/S Total  
  16  Morgan County ATC  West Liberty  669 N/A 669  
  21  Floyd County ATC (GARTH)  Martin  264 N/A 264  
  22  Breathitt County ATC  Jackson  411 N/A 411  
  29  Knott County ATC  Hindman  400 N/A 400  
  30  Martin County ATC  Inez  398 N/A 398  
  37  Lee County ATC  Beattyville  395 N/A 395  
  39  Carter County Career and Technical Center  Olive Hill  285 N/A 285  
  42  Millard ATC  Millard  195 N/A 195  
  44  Leslie County ATC  Hyden  388 N/A 388  
  45  Belfry ATC  Belfry  546 N/A 546  
  45  Letcher County ATC  Whitesburg  569 N/A 569  
  53  Montgomery County ATC  Mt. Sterling  507 N/A 507  
  54  Boyd Co Career & Tech Educ Ctr Voc School  Ashland  710 N/A 710  
  55  Jackson County ATC  McKee  455 N/A 455  
  56  Clay County ATC  Manchester  348 N/A 348  
  56  Russell ATC  Russell  564 N/A 564  
  58  Greenup County ATC  Greenup  629 N/A 629  
  60  Foster Meade Career and Technical Center  Vanceburg  936 N/A 936  
      Total Enrollments 8,669     8,669   
  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, 2018-Present  
    Reported  
    Companies Jobs Investment  
 Manufacturing Location00$0 
 Manufacturing Expansion00$0 
 Service & Technology Location12$3,500,000 
 Service & Technology Expansion110$1,230,000 
  Click here for detailed location and expansion information.
Note: Totals include announced locations and expansions.
Source: Kentucky Cabinet for Economic Development (March 10, 2020).
 
  Employment by Major Industry by Place of Work, 2017  
    Magoffin County Labor Market Area  
  Employment Percent Employment Percent  
 Total All Industries1,963100.033,612100.0 
 Total Private Industries98150.021,53364.1 
 Natural Resources and Mining392.08592.6 
 Construction321.61,2543.7 
 Manufacturing70.41,0633.2 
 Trade, Transportation and Utilities27414.06,35618.9 
 Information50.37412.2 
 Financial Activities562.99882.9 
 Professional and Business Services1005.11,5474.6 
 Education and Health Services27614.15,68916.9 
 Leisure and Hospitality1638.32,3917.1 
 Other Services and Unclassified291.56381.9 
  Source: JobsEQ, Chmura Economics.  
     
  Top 20 by Employment  
  Firm Product(s)/Service(s) Emp. Year
Established
 
 Salyersville 
 Logan CorporationMetals service center: steel cutting, slitting, shearing, burning, forming and braking. Mining supplies for surface and underground. Fire suppression installations and service, custom dumptruck body manufacturing632016 
 Mineral Labs IncCoal, water, soil and environmental testing laboratory; headquarters351975 
 Primrose Oil, LLCOwner and operator of oil wells72018 
 The Wells Group LLCReady-mixed concrete71975 
  Source: Kentucky Cabinet for Economic Development (March 10, 2020).  

 


 

 

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  
  Magoffin $0.8299 $1.1618 $0.2965    
  City  
  Salyersville $0.3000 $0.8300 $0.3000    
  School District  
  Magoffin County Schools $0.6080 $0.6080 $0.5760    
  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  
  Magoffin   1.00%   payroll only  
  City  
  Salyersville   1.00%   No tax  
  School District  
  Magoffin 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 Magoffin County
  Electric  
 AEP - Kentucky Power Company - 606-929-1600 
 East Kentucky Power Cooperative - 859-744-4812 
    Big Sandy RECC - 606-789-4095 
    Licking Valley RECC - 606-743-3179 
     
  Natural Gas  
 Public Gas Company Inc - 606-666-2205 
 Salyersville Gas 
     
  Sewer  
  Treatment Information (gallons per day) Capacity Avg. Flow Excess  
 Salyersville Water and Sewer - 606-349-3743 
 Salyersville STP620,000321,000299,000 
  Treatment information provided by Division of Water, 502-564-3410
 
  Water  
  System Information (gallons per day) Capacity Avg. Use Excess  
 Magoffin County Water District - 606-349-6812N/AN/AN/A 
 Salyersville Water and Sewer - 606-349-37431,000,000807,582192,418 
  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): Magoffin County - $85,000 for 27 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  
  Magoffin County Schools 2,022 14.5  
  Source: Kentucky Department of Education, Office of Assessment and Accountability.