The 10 Hottest Job Markets In Kentucky For 2020

Kathy Morris
by Kathy Morris
Best Places For Jobs - 3 months ago

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Anticipating a job hunt in 2020?

If so, you might be nervous about the state of your local job market or curious how it stacks up to rival cities. Cities in the same state can have dramatically different job markets. Job hunting in one part of the state can be a piece of cake, while in another city it can be a herculean task to just land an interview.

Here at Zippia, we love math (and jobs!), so we delved into the data to determine where in 2020 it was easiest to find a job in Kentucky.

Here are the ten hottest job markets in Kentucky.

There you have it, folks- the ten cities where it was easiest to get a job in Kentucky. Keep reading for a more detailed breakdown of how we reached these results. Your city not in the top 10? Keep scrolling to see where it landed on the full list.

How we determined the best job markets in Kentucky

We used the most recent Census American Community Survey to pull data for the main Kentucky metro areas. We only looked at cities with a working civilian population above 5,000.

While unemployment rate can tell you a lot about the local job market, it is simply one metric and job markets are complex entities. We opted to take a more in-depth look at the best job market in Kentucky.

Each metro-area was ranked 1-to-35 in four categories:

  • Unemployment Rate
  • Change In Unemployment Rate
  • Household Income Change
  • Current Average Household Income

The lower the score in each category the better. For example, the Erlanger area had the lowest unemployment rate at 3.0%, earning it the #1 spot for unemployment rate. The four ranked categories were then averaged together to produce our final list. The final list ranks the 35 metro areas from 1-to-35. Once again, the lower the score, the stronger the job market.

1. St. Matthews

St. Matthews, KY

Unemployment Rate: 3.17%
Average Income: $83,250

2. Jeffersontown

Jeffersontown, KY

Unemployment Rate: 3.64%
Average Income: $82,204

3. Fort Thomas

Fort Thomas, KY

Source: Public domain

Unemployment Rate: 3.23%
Average Income: $103,971

4. Erlanger

Erlanger, KY

Source: Public domain

Unemployment Rate: 3.03%
Average Income: $78,532

5. Lexington-Fayette urban

Unemployment Rate: 5.44%
Average Income: $79,535

6. Shelbyville

Shelbyville, KY

Source: Public domain

Unemployment Rate: 4.86%
Average Income: $70,730

7. Independence

Independence, KY

Source: Wikipedia User W.marsh | GFDL

Unemployment Rate: 4.12%
Average Income: $85,197

8. Madisonville

Madisonville, KY

Unemployment Rate: 6.99%
Average Income: $58,318

9. Bardstown

Bardstown, KY

Unemployment Rate: 7.42%
Average Income: $80,523

10. Lyndon

Lyndon, KY

Source: Public domain

Unemployment Rate: 4.26%
Average Income: $70,761

MEASURING THE BEST JOB MARKETS In Kentucky

You might be reading this and thinking, ‘Hey, I live in Erlanger and have been unemployed for months- this can’t be right!’ That’s entirely possible.

While Erlanger and the surrounding metro area have the hottest job market in Kentucky, personal finances can be, well, personal. Education, work experience, and occupation all play a big role in securing a job. However, overall, job seekers in Erlanger will have an easier time than those in cities near the bottom of the list.

Detailed List Of The Hottest Job Markets In Kentucky

Rank Place Unemployment Rate Average Income
1 St. Matthews 3.17% $83,250
2 Jeffersontown 3.64% $82,204
3 Fort Thomas 3.23% $103,971
4 Erlanger 3.03% $78,532
5 Lexington-Fayette Urban 5.44% $79,535
6 Shelbyville 4.86% $70,730
7 Independence 4.12% $85,197
8 Madisonville 6.99% $58,318
9 Bardstown 7.42% $80,523
10 Lyndon 4.26% $70,761
11 Georgetown 4.6% $73,583
12 Elizabethtown 5.17% $66,665
13 Winchester 7.05% $58,453
14 Louisville/jefferson County 6.37% $71,647
15 Newport 6.14% $60,429
16 Paducah 5.28% $63,076
17 Shepherdsville 4.94% $64,588
18 Covington 8.48% $55,419
19 Frankfort 6.4% $57,936
20 Mount Washington 5.77% $74,530
21 Murray 4.64% $44,508
22 Berea 5.31% $54,740
23 Radcliff 9.62% $60,611
24 Nicholasville 7.94% $58,455
25 Henderson 5.25% $54,408
26 Lawrenceburg 9.85% $57,517
27 Owensboro 6.13% $57,933
28 Florence 5.77% $73,478
29 Shively 8.44% $48,598
30 Richmond 8.24% $50,717
31 Bowling Green 6.67% $57,912
32 Danville 5.18% $55,844
33 Ashland 10.26% $55,612
34 Hopkinsville 9.19% $51,719
35 Glasgow 9.7% $44,504
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