- Kentucky has the lowest average
electric rates in the nation. In fact, retail rates to industrial
customers were 43 percent lower than the national average in 2005.
(Source: U.S. Energy Information Administration)
- Kentucky is located in the center of
eastern U.S. industrial and consumer markets, with its borders within 600
miles of over 60% of the nation’s population, personal income, and
manufacturing business establishments. (Source: Kentucky Economic
Development Cabinet)
- The population center of the United
States east of the Rocky Mountains is located just northeast of Danville,
Kentucky. (Source: Kentucky Economic Development Cabinet)
- To date, all of the Fortune 25
largest U.S. corporations have manufacturing or service facilities in
Kentucky. (Source: Kentucky Economic Development Cabinet)
- Kentucky is ranked as the fourth
lowest for overall business costs in the nation, with a state index 16.2%
less than the national average, and has the lowest overall cost of doing
business in the eastern United States. (Source: American Business Cost
Review,10th Edition, December 2003).
- The median value of owner-occupied
housing in Kentucky ranked 13th lowest nationally at $98,132, while the
national median in 2002 was $136,929 (Source: Morgan Quitno State
Rankings 2004).
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