Keyword Analysis & Research: ky

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Frequently Asked Questions

How much does unemployment pay in KY?

Effective July 1, 2020 the minimum rate is $39 and the maximum rate is $569 per week regardless of how high the wages are. There must be at least $1500 in one of the 4 quarters or the claim will be invalid. The total wages outside of the highest quarter must be at least $1,500.

What is the state tax rate for KY?

Kentucky has a flat income tax rate of 5%, a statewide sales tax of 6% and property taxes that average $1,257 annually. Both the sales and property taxes are below the national averages, while the state income tax is right around the U.S. mark. There are two unique aspects of Kentucky’s tax system.

What is the unemployment rate in KY?

Kentucky Historical Unemployment Trends. Since 2005 the unemployment rate in Kentucky has ranged from 3.6% in November 2018 to 16.7% in April 2020. The current unemployment rate for Kentucky is 5.5% for June 2021. See how other local areas compare by using our Unemployment Compare tool.

Which states border Kentucky?

Kentucky borders seven states, from the Midwest and the Southeast. West Virginia lies to the northeast, Virginia to the east, Tennessee to the south, Missouri to the west, Illinois to the northwest, and Indiana and Ohio to the north. Only Missouri and Tennessee, both of which border eight states, touch more.

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