Lebanon is a city in Kentucky state in USA with a population of 5960 residents.. The poverty rate of Lebanon is 28.6%, which is 104% higher than national average. The typical household in Lebanon earns $30168 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 66.8% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Lebanon are struggling financially. Nearly one in every 1 in every 7 workers in Lebanon is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Lebanon, only 76% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lebanon remained 13.8%, which is 194% higher than national rate. Nearly 3 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 Lebanon, only 12% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in Lebanon is 86, which is 14% lower than national average. Median home value in Lebanon is $98700 , which is 57% lower than national average. While median income in Lebanon remained $30168, which is 55% lower than national average.