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Wayland, KY

Full City Profile · Kentucky · Floyd County County

2.9 /5.0
C+ Fair
360 Population 133/sq mi density
$31,042 Median Income $16,280 per capita
$21,800 Home Value $49,564 Zillow
$1,047 Median Rent 14.1% income on rent
54°F Avg Temperature 299 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$31,042 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$21,800 home value, $1,047/mo rent
F
Education
1.4 / 5.0
5.5% bachelor's degree or higher

Income Overview

Median Household Income
$31,042
59% below
US avg: $75,149
Per Capita Income
$16,280
58% below
US avg: $39,052
Unemployment Rate
3.2%
11% below
US avg: 3.6%
Poverty Rate
46.9%
278% above
US avg: 12.4%

Income Comparison: Wayland vs. U.S. Average

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

Median Household
US: $75,149
$31,042
41%
Per Capita
US: $39,052
$16,280
42%
IRS Avg AGI
US: $72,000
$50,428
70%
Avg Weekly Wage
US: $1,432
$912
64%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$912
36% below US avg ($1,432)
Mean Commute Time
22 min
21% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
87.4%
19% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,403M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 87.4%
Public Transit 0%
Work From Home 0%
Other 12.6%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,160
Restaurants
43
Healthcare
139
Retail
145
Manufacturing
12

Tax & Financial

IRS Avg Adjusted Gross Income
$50,428
30% below US avg ($72,000)
Avg Property Tax
$4,235
21% above US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$31,042
Per Capita Income$16,280
IRS Avg Adjusted Gross Income$50,428
Avg Weekly Wage$912
County GDP$1,403M

Hardship Indicators

Unemployment Rate3.2%
Poverty Rate46.9%
Gini Coefficient0.474
Cost of Living Index90.2

Commute

Mean Commute22 minutes
Drive Alone87.4%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments1,160
Restaurants43
Healthcare139
Retail145
Manufacturing12

Tax

IRS Avg AGI$50,428
Avg Property Tax$4,235