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Millstone, KY

Full City Profile · Kentucky · Letcher County County

2.6 /5.0
C+ Fair
617 Population 2,938/sq mi density
$40,325 Median Income $10,781 per capita
54°F Avg Temperature 299 sunny days/yr
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$40,325 median income, 0.0% unemployment
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.7 / 5.0
0.0% bachelor's degree or higher

Income Overview

Median Household Income
$40,325
46% below
US avg: $75,149
Per Capita Income
$10,781
72% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
32.6%
163% above
US avg: 12.4%

Income Comparison: Millstone vs. U.S. Average

Each bar shows Millstone’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$40,325
54%
Per Capita
US: $39,052
$10,781
28%
IRS Avg AGI
US: $72,000
$50,467
70%
Avg Weekly Wage
US: $1,432
$885
62%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$885
38% below US avg ($1,432)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
100.0%
37% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$539M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 100%
Public Transit 0%
Work From Home 0%

Business Landscape

Total Establishments
500
Restaurants
25
Healthcare
51
Retail
56
Manufacturing
5

Tax & Financial

IRS Avg Adjusted Gross Income
$50,467
30% below US avg ($72,000)
Avg Property Tax
$2,300
34% below US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$40,325
Per Capita Income$10,781
IRS Avg Adjusted Gross Income$50,467
Avg Weekly Wage$885
County GDP$539M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate32.6%
Gini Coefficient0.499
Cost of Living Index90.2

Commute

Drive Alone100.0%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments500
Restaurants25
Healthcare51
Retail56
Manufacturing5

Tax

IRS Avg AGI$50,467
Avg Property Tax$2,300