Mayfield is a city in Kentucky state in USA with a population of 9823 residents.. The poverty rate of Mayfield is 34.9%, which is 149% higher than national average. The typical household in Mayfield earns $36485 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 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 65.9% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Mayfield are struggling financially. Nearly one in every 1 in every 9 workers in Mayfield 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 Mayfield, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Mayfield remained 11.1%, which is 136% higher than national rate. Nearly 2 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 Mayfield, only 19% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Mayfield is 79, which is 21% lower than national average. Median home value in Mayfield is $104200 , which is 55% lower than national average. While median income in Mayfield remained $36485, which is 46% lower than national average.