St. Matthews: Economy & Jobs
Median household income in St. Matthews is $82,412 (1.2× higher than Jefferson County median $69,866; 1.3× higher than Kentucky median $65,103), with homes at a median value of $338,000. The surrounding county supports 482,313 jobs (avg $71,280).
- $79,007 avg taxable income per return — similar than the median household income.
Income & Affordability
Median household income $82,412 — above the Kentucky median ($65,103). Poverty rate 7.2% (U.S. average ~12.5%). 29% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Home Price To Income | 4.1× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 18.2% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 28.7% |
| Affordability · Poverty Rate | 7.2% |
| Affordability · Property Tax Pct Income | 3.7% |
| Irs Income · IRS tax returns filed | $375,300 |
| Irs Income · Total Adjusted Gross Income (thousands) | $29,651,291 |
| Irs Income · Average AGI per return | $79,007 |
| Irs Income · Year | 2022 |
| Income Estimate | $91,977 |
| Median Household Income | $82,412 (vs Kentucky $65,103) |
| Poverty Rate | 7.2% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | white_collar |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | upper-middle |
| Economic Character · Median Income | $82,412 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.7% — below the U.S. average of ~4%. 18% work from home (U.S. average ~15%).
| Commuter Profile · Mean Commute Min | 19.60 |
|---|---|
| Commuter Profile · Work From Home Pct | 18.1% |
| Commuter Profile · Profile | short commute |
| Employment · Avg annual employment (county) | 482,313 |
| Employment · Total annual wages (county) | $34,379,056,317 |
| Employment · Average annual pay | $71,280 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 1,963,060 |
| Unemployment Rate | 2.7% (vs Kentucky 5.2%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 211 |
|---|---|
| Agriculture · Land In Farms Acres | 13,266 |
| Agriculture · Avg Farm Size Acres | 62.90 |
| Agriculture · Top Commodities | Crop Totals, Horticulture Totals, Animal Totals, Floriculture Totals, Bedding Plant Totals |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 20,128 |
| Business Patterns · Total Employees | 456,779 |
| Business Patterns · Annual Payroll Thousands | 27,100,263 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 153 |
|---|---|
| Local Businesses · Convenience Stores | 65 |
| Local Businesses · Liquor Stores | 172 |
| Local Businesses · Gas Stations | 208 |
| Local Businesses · Department Stores | 9 |
| Local Businesses · General Merchandise | 118 |
| Local Businesses · Clothing Stores | 65 |
| Local Businesses · Pet Stores | 27 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 615 |
|---|---|
| Dining Scene · Fast Food | 670 |
| Dining Scene · Bars | 105 |
| Dining Scene · Coffee Snacks | 133 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (1)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (3)
| Nearest Snap · Name | Khodiyar Dham Inc |
|---|---|
| Nearest Snap · Distance | 0.5 mi |
Sources: USDA SNAP — nearest by coordinates
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | JEFFERSONTOWN CHAMBER OF COMMERCE INC |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $114,271,729,951 |
|---|---|
| Federal Spending · Per Capita | 145,946.68 |
| Federal Spending · Population | 782,969 people |
Sources: USAspending API
Other
| Pct Drove Alone | 73.3% |
|---|---|
| Pct Public Transit | 0.8% |
| Pct Walked | 18.1% |
| Retirement Score · Median age | 36.5 years (vs Kentucky 39.2y) |
| Retirement Score · Ss Household Pct | 25.0% |
| Retirement Score · Hospitals Nearby | 8 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | hospital access, VA nearby |
| Retirement Score · Rating | fair |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12