Mount Sterling, Kentucky is a small town with a population of just under 7,000. At an average age of just under 39, the town's population is middle-of-the-pack compared to other municipalities in the state, which has an average age of 38. Residents are fairly evenly split between owning (51%) and renting (49%) their home. With a relatively low average rent of $580/month in the town, renting remains an affordable option, particularly compared to other cities in Kentucky. Each month, renters in Mount Sterling will save around $201 compared to the state average.
There are two primary industries in Mount Sterling: manufacturing and healthcare. Together, these industries account for 18% of the labor force in the town. Meanwhile, looking at job function, 9% of the town's population works in transportation, which ranks as the top field in the town. Mount Sterling workers take home an average annual income of just over $51K, around $11,000 less than the Kentucky average. Mount Sterling's average income also trails the national average of $73,345. Mount Sterling has a large percentage of residents older than 25 who have earned a high school degree or equivalent (25%) compared to the national average. Additionally, 9% possess a Bachelor's degree and 3% have earned a Master's or Doctoral degree.
Mount Sterling residents have an average commute of about 21 minutes, outperforming the state average of about 23 minutes. Many residents (39%) drive themselves to work, while public transportation is not used. Not many commuters walk to work.
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