Kentucky Demography
Kentucky, also known as the Bluegrass State, is home to approximately 4,526,154 people. With an annual growth rate of 3.84%, the state's population continues to expand steadily. Out of the total population, around 3,530,400 individuals are over 18 years old.
Kentucky Business Landscape
In terms of the business landscape, Kentucky boasts a thriving economy. The state's GDP reached an impressive $280,449 million in 2023, with a growth rate of 10.3%. The corporate tax rate stands at a competitive 5%. As of 2024, there are 150,128 registered businesses in Kentucky, reflecting a yearly change of 5.6%.
Creative Services Globally and in Kentucky
The global market size of Creative services is valued at $365,050,000, experiencing a growth rate of 13.1%. The United States holds a significant share in this market, accounting for approximately 19%, which amounts to $69,359,500.
Within Kentucky, the Creative services industry is thriving, contributing to the state's economic growth. The demand for creative solutions is on the rise, presenting ample opportunities for businesses in this sector.
Creative Services in the US
The United States is a hub for Creative services, with a diverse range of agencies and professionals catering to various industries. The country's market size and growth rate reflect the high demand for creative solutions across sectors.
Top Kentucky Cities: Economic Insights
Several cities in Kentucky play a crucial role in the state's economy. Here are some key insights into the economic landscape of the top cities:
| City | Population (2023) | Income per Capita |
|---|---|---|
| Franklin | 49,390 | $26,243 |
| Hardin | 106,211 | $24,147 |
| Henderson | 46,303 | $22,746 |
| Greenup | 36,822 | $22,035 |
| Carter | 27,493 | $19,204 |
| Grayson | 25,833 | $19,115 |
| Letcher | 24,202 | $17,886 |
| Harlan | 29,012 | $16,257 |
| Clay | 21,633 | $13,542 |
Creative Price in Kentucky
When it comes to pricing, Creative agencies in Kentucky offer a range of options to suit different budgets. Here is a breakdown of the pricing distribution:
- 24.8% of projects have a budget below $10,000
- 33% of projects have a budget between $10,000 and $50,000
- 21.3% of projects have a budget between $50,000 and $200,000
- 7.3% of projects have a budget between $200,000 and $1 million
- 0.9% of projects have a budget between $1 million and $10 million
- 0.9% of projects have a budget over $10 million
On average, the size of a Creative project in Kentucky is estimated to be around $198,930.