Owensboro is a city in Kentucky state in USA with a population of 59796 residents.. The poverty rate of Owensboro is 20.5%, which is 46% higher than national average. The typical household in Owensboro earns $46193 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 54.2% 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 Owensboro, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Owensboro remained 4.5%, which is 4% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Owensboro, only 25% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Owensboro is 88, which is 12% lower than national average. Median home value in Owensboro is $125600 , which is 45% lower than national average. While median income in Owensboro remained $46193, which is 32% lower than national average.