Income & Economy in Fredonia, KY

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$67,396

-8% vs national

Per Capita Income

$29,932

-19% vs national

Poverty Rate

12.4%

-9% vs national

Gini Index

0.3357

0 = perfect equality

Unemployment

0.4%

-92% vs national

SNAP Recipients

7.8%

of households

How Fredonia Compares

Source: Census ACS (2023)

Fredonia vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Fredonia is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Fredonia. The median household income here is $67,396.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
15.0%
$25-50K
15.0%
$50-75K
36.0%
$75-100K
18.9%
$100-150K
9.8%
$150-200K
0.7%
$200K+
4.6%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.4%

-93% vs KY avg

Labor Force

230

Employed

229

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

16.9%

of adults 25+

High School Diploma+

40.5%

of adults 25+

Median Age

37.6

Work from Home

0.0%

of workers

The median household income in Fredonia, KY is $67,396, which is 8.0% below the national average of $73,224. Per capita income is $29,932. The poverty rate of 12.4% is lower than the KY state average of 18.4%. The Gini index of income inequality is 0.3357, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.4%, compared to the state average of 5.9%. 16.9% of adults hold a bachelor's degree or higher.