Paducah is a medium-sized Kentucky town with about 25,000 residents. Its strategic location between St. Louis and Nashville makes it a transportation hub. The location also makes it an important stop for touring musicians, including prominent African-American jazz players such as Louis Armstrong and Duke Ellington.
Paducah has an affordable cost of living that's lower than the state and national averages. The cost of living index rates Paducah as 79, which makes it 31 percent less expensive than the national average (100) and about 11 percent less expensive than the state average (90).
Paducah residents can expect to spend more money on utilities than the average U.S. citizen or Kentucky resident. Its utilities index is 110, which is 12 percent higher than the state and 10 percent higher than the country's average. Other indices, however, make up for the high utility costs. The housing index, for instance, is only 41, making it 36 percent lower than Kentucky's average and an impressive 59 percent lower than the national average.
Other indices that contribute to Paducah's affordability include health care (84), transportation (90), and groceries (91).
Paducah Job Opportunities
Those seeking employment can find Paducah jobs from these top employers:
Baptist Health Paducah
Paducah Public Schools
Paxton Media Group
VMV Paducahbilt, a railroad company
This is good for people who have been trained to qualify for healthcare jobs in Paducah. Education and government also provide an important source of Paducah, KY jobs.
The National Weather Service has a forecast office in Paducah. The office provides crucial weather information throughout the region, including parts of Kentucky, Indiana, Illinois, and Missouri. Several corporations have also opened headquarters in Paducah, including the Paducah & Louisville Railway and Dippin' Dots, a business that sells novelty ice cream products. Still, the most plentiful jobs in Paducah, KY come from the healthcare and government sectors.
Paducah Employment Trends
Before the Great Recession, Paducah had an unemployment rate that hovered around 5 percent, which was similar to the Kentucky average. By 2012, Paducah had an unemployment rate of 10.5 percent. Since then, unemployment has slowly decreased. In July 2014, the city had an 8.7 percent unemployment rate compared to Kentucky's 7.4 percent and a national rate near 5.5 percent.
This can make it difficult for some people to find jobs in Paducah. Those who cannot secure Paducah jobs may want to explore the surrounding area. Jobs in Murray and other nearby communities may offer opportunities that people don't have in Paducah.