Corbin is a city in Kentucky state in USA with a population of 7558 residents.. The poverty rate of Corbin is 25.7%, which is 84% higher than national average. The typical household in Corbin earns $39260 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Corbin, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Corbin remained 5.8%, which is 23% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Corbin, only 27% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Corbin is 80, which is 20% lower than national average. Median home value in Corbin is $120300 , which is 48% lower than national average. While median income in Corbin remained $39260, which is 42% lower than national average.