Daviess County · Kentucky · South · 60k residents
Owensboro, KY: economy, jobs & business costs
The site-selection read on Owensboro: labor costs, talent, corporate tax, energy, and business activity, with the Kentucky median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,086/wk. Kentucky's corporate income tax rate is 5%. Commercial electricity averages 11.5¢/kWh.
Compare Owensboro side by side
Avg. weekly wage
$1,086/wk
Corporate income tax
5%
Bachelor's degree or higher
26.1%
Commercial electricity
11.5¢/kWh
Economic momentum
How fast Owensboro's economy is moving, ranked against the US cities we track.
72/100
Heating
Ranks Owensboro's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $178,900 |
| Price per sq. ft. | $140 |
| Property tax rate | 0.83% |
| 1-bedroom rent | $660/mo |
| 2-bedroom rent | $931/mo |
| State & local income tax | 5.45% |
| Sales tax | 6% |
| Corporate income tax | 5% |
| Avg. weekly wage | $1,086/wk |
| Bachelor's degree or higher | 26.1% |
| Commercial electricity | 11.5¢/kWh |
| Businesses per 1k residents | 34.8/1k |
| Wage: Software developer | $102,010 |
| Wage: Registered nurse | $81,040 |
| Wage: General manager | $73,460 |
| Wage: Customer service | $45,260 |
| Wage: Warehouse worker | $31,210 |
| Wage: Heavy truck driver | $50,600 |
| Wage: Electrician | $55,030 |
| Wage: Retail salesperson | $29,030 |
| Cost of living index | 77 |
| Groceries index | 95 |
| Utilities | $160/mo |
| Transit pass | $50/mo |
| Gas price | $3.05/gal |
| Healthcare index | 93 |
| Childcare (per child) | $850/mo |
| Median household income | $56,357 |
| Unemployment rate | 4.3% |
| Population | 60k |
| Crime index | 45/100 |
| School rating | 5.2/10 |
| Walkability | 34/100 |
| Disaster risk | 88/100 |
| Avg. commute | 24 min |
| Sunny days / year | 190 days |
| July high | 87°F |
| January low | 26°F |
| Annual snowfall | 4 in |
| Home price YoY | +2.5% |
| Home price MoM | +0.3% |
| Rent YoY | +6.9% |
| Rent MoM | +1.8% |
| Employment (jobs) YoY | +1.2% |
| Building permits YoY | +11.9% |
| Ocean coast | 510 mi |
| Big lake | 89 mi |
| Mountains | 196 mi |
| Major airport | 82 mi |
| Ski resort | 157 mi |
Popular comparisons
Nearby
- Henderson, KY · 28k
- Madisonville, KY · 20k
- Hopkinsville, KY · 31k
- Bowling Green, KY · 75k
- Radcliff, KY · 23k
Similar size
- Covington, KY · 41k
- Georgetown, KY · 39k
- Richmond, KY · 37k
- Florence, KY · 33k
- Elizabethtown, KY · 33k
Real listings in Owensboro
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Owensboro a good place to run a business?
- Kentucky's corporate income tax rate is 5%; average weekly wages in the surrounding labor market run $1,086/wk; commercial electricity averages 11.5¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Owensboro, KY?
- Owensboro indexes at 77 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $931/mo and a acs median home value of $178,900.
- How much does a house cost in Owensboro?
- The acs median home value in Owensboro is $178,900 (Census ACS estimate; individual listings vary).
- How much is rent in Owensboro?
- A two-bedroom in Owensboro rents for about $931/mo.