Williamsburg is a city in Kentucky state in USA with a population of 5266 residents..
The poverty rate of Williamsburg is 27.7%, which is 98% higher than national average.
The typical household in Williamsburg earns $30391 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 68% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Williamsburg are struggling financially. Nearly one in every 1 in every 10 workers in Williamsburg is unemployed.
The unemployment rate of Williamsburg remained 10.5%, which is 123% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.
Cost of living in Williamsburg is 75, which is 25% lower than national average.
In Williamsburg, only 30% of adults have a bachelor's degree and 20% have some college but no degree.
Median home value in Williamsburg is $82100 , which is 64% lower than national average.
While median income in Williamsburg remained $30391, which is 55% lower than national average.