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Corbin: Economy & Jobs

$51,065 is the median household income in Corbin (1.1× higher than Whitley County median $44,615; 1.2× below Kentucky median $63,726), with homes at a median value of $166,000. The surrounding county supports 7,685 jobs (avg $43,409).

Income & Affordability

Median household income $51,065 — below the Kentucky median ($61,166). Poverty rate 26.0% (U.S. average ~12.5%). 35% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.3×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income16.1%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened34.6%
Affordability · Poverty Rate26.0%
Affordability · Property Tax Pct Income2.5%
Irs Income · IRS tax returns filed$11,200
Irs Income · Total Adjusted Gross Income (thousands)$522,027
Irs Income · Average AGI per return$46,610 (vs Kentucky $79,007)
Irs Income · Year2022
Income Estimate$59,021
Median Household Income$51,065 (vs Kentucky $61,166)
Poverty Rate26.0%

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 · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$51,065

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.6% — below the U.S. average of ~4%. 7% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min23.50
Commuter Profile · Work From Home Pct7.4%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)7,685
Employment · Total annual wages (county)$333,586,970
Employment · Average annual pay$43,409
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment1,963,060
Unemployment Rate3.6% (vs Kentucky 3.1%)

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 Farms290
Agriculture · Land In Farms Acres1,102
Agriculture · Avg Farm Size Acres3.80
Agriculture · Top CommoditiesCrop Totals, Animal Totals, Field Crops, Other, Cattle, Vegetable Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)455
Business Patterns · Total Employees7,013
Business Patterns · Annual Payroll Thousands335,899
Business Patterns · Year2022

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 Stores6
Local Businesses · Convenience Stores6
Local Businesses · Liquor Stores3
Local Businesses · Gas Stations12
Local Businesses · General Merchandise16
Local Businesses · Used Car Dealers3
Local Businesses · Funeral Homes6
Local Businesses · Commercial Banks11

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 Restaurants9
Dining Scene · Fast Food23

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 (17)

Hometown Bank of Corbin, Inc.
MASTER STREET BRANCH · 501 Master St · 40701
Forcht Bank, National Association
CORBIN BANKING CENTER BRANCH · 820 Master St · 40701
Whitaker Bank
CORBIN BRANCH · 100 N Main St · 40701
Commercial Bank
CORBIN BANKING CENTER BRANCH · 1285 W Cumberland Gap Pkwy · 40701
Cumberland Valley National Bank & Trust Company
COMMONWEALTH BRANCH EAST CORBIN · 1376 Master St · 40701
Forcht Bank, National Association
SOUTH CORBIN BANKING CENTER BRANCH · 1600 Cumberland Falls Hwy · 40701
Hometown Bank of Corbin, Inc.
Hometown Bank of Corbin, Inc. · 1030 Cumberland Falls Hwy · 40701
Whitaker Bank
SOUTH CORBIN BRANCH · 1319 Cumberland Falls Hwy · 40701
Woodforest National Bank
8077 CORBIN KENTUCKY WALMART BRANCH · 60 S Stewart Rd · 40701
PNC Bank, National Association
CORBIN KY BRANCH · 855 E Cumberland Gap Pkwy · 40701
Whitaker Bank
KEAVEY BRANCH · 1280 Highway 770 · 40701
Commercial Bank
SOUTH LAUREL BRANCH · 775 W Cumberland Gap Pkwy · 40701
Cumberland Valley National Bank & Trust Company
SOUTH CORBIN BRANCH · 1200 Cumberland Falls Hwy · 40701
Commercial Bank
SOUTH CORBIN BRANCH · 1140 Cumberland Falls Hwy · 40701
Community Trust Bank, Inc.
WILLIAMSBURG CORBIN BRANCH · 678 Us Highway 25 W · 40701
Whitaker Bank
EAST CORBIN BRANCH · 1400 Master St · 40701
Hometown Bank of Corbin, Inc.
OAK GROVE BRANCH · 3779 Cumberland Falls Hwy · 40701

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 (5)

KROGER #L-00719 L719
Super Store · 1019 CUMBERLAND FALLS HWY
DOLLAR GENERAL 0040
Other · 14397 N US Highway 25 E
EATON'S HANDI MART AND HARDWARE
Convenience Store · 4997 Highway 26
HOUCHENS SAVE A LOT 174
Supermarket · 1100 E Cumberland Gap Pkwy
Circle K 2723291
Convenience Store · 1142 Gordon Hill Pike
Nearest Snap · NameKROGER #L-00719 L719
Nearest Snap · Total In Area48

Sources: USDA SNAP API — state+city name match

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 · NameSOUTHERN KENTUCKY 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$220,756,467
Federal Spending · Per Capita7,311.51 (vs Kentucky $7,452)
Federal Spending · Population30,193 people (vs Kentucky 19,515)

Sources: USAspending API

Other

Pct Drove Alone81.0%
Pct Public Transit0.5%
Pct Walked7.4%
Retirement Score · Median age37.6 years (vs Kentucky 37.2y)
Retirement Score · Ss Household Pct35.4%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12