Mount Sterling is a city in Kentucky state in USA with a population of 7190 residents.. The poverty rate of Mount Sterling is 24.2%, which is 73% higher than national average. The typical household in Mount Sterling earns $41474 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 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.4% 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 Mount Sterling, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Mount Sterling remained 9%, which is 91% 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 Mount Sterling, only 17% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Mount Sterling is 88, which is 12% lower than national average. Median home value in Mount Sterling is $140500 , which is 39% lower than national average. While median income in Mount Sterling remained $41474, which is 39% lower than national average.