The small city of Paducah, Kentucky is home to just under 25,000 residents. Retirees should feel welcome, as they account for 18% of the population compared to 14% nationally. Homeowners slightly outnumber renters in Paducah by a narrow 54%-46% margin. With a relatively low average rent of $635/month in the city, renting remains an affordable option, particularly compared to other cities in Kentucky. Over the course of a year, renters in Paducah will save around $1,800 compared to the state average.
Compared to the national average (5%), Paducah has a relatively large concentration of residents older than 25 who possess an Associate's degree (7%). In addition, 18% have earned a Bachelor's, Master's, Professional, or Doctoral degree. There are two primary industries in Paducah: healthcare and retail. Together, these industries account for 15% of the workforce in the city. With an average annual income of about $54,000, Paducah workers take home less than their peers elsewhere in the state. The city's average income also trails the national average of $73,345.
With an average commute time of about 20 minutes, quicker than most cities in Kentucky, Paducah residents know that getting to work isn't overly time-consuming. Driving a vehicle is the prevailing way to get to work, chosen by 39% of commuters, while public transportation is not used much. Walking isn't a common way to get to work.
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