Facts & Statistics
BY THE NUMBERS: VEHICLE FINANCING AND PERSONAL LENDING IN KENTUCKY
| STATE STATISTICS | |
| Population 2023 | 4,526,154 |
| Population 2022 |
4,512,310 |
| Population 2021 | 4,503,394 |
| Population 2020 |
4,477,251 |
| Population 2019 | 4,472,345 |
| Population 2018 |
4,468,402 |
| Population 2017 | 4,453,874 |
| Population 2016 | 4,438,229 |
| Below Poverty 2022 | 16.5 |
| Below Poverty 2021 | 16.5 |
| Below Poverty 2020 | 16.6 |
| Below Poverty 2019 | 16.3 |
| Below Poverty 2018 | 15.7 |
| Below Poverty 2017 | 17.2 |
| Below Poverty 2016 | 18.5 |
| Employment – Population Ratio 2022 |
55.2 |
| Employment – Population Ratio 2021 | 54.4 |
| Employment – Population Ratio 2020 | 56.5 |
| Employment – Population Ratio 2019 | 56.8 |
| Employment – Population Ratio 2018 |
56.5 |
| Employment – Population Ratio 2017 | 56.2 |
| Employment – Population Ratio 2016 | 55.2 |
| Unemployed 2022 | 4.4 |
| Unemployed 2021 | 4.8 |
| Unemployed 2020 | 6 |
| Unemployed 2019 | 4.1 |
| Unemployed 2018 | 4.3 |
| Unemployed 2017 | 4.9 |
| Unemployed 2016 | 5.1 |
| Foreclosure Rate 2024 | 1 of 4,389 |
| Foreclosure Rate 2021 | 1 of 2,432 |
| Foreclosure Rate 2018 | 1 of 3,249 |
| Median Household Income 2021 | 55,494 |
| Median Individual Income 2022 | 51,978 |
| High School Graduation Rate 2022 | 90.1 |
| High School Graduation Rate 2021 | 90.2 |
| High School Graduation Rate 2020 | 91.1 |
| High School Graduation Rate 2019 | 90.6 |
| High School Graduation Rate 2018 | 90.3 |
| Median Mortgage Payment 2021 | 1,227 |
| GDP 2023 | 225.23 Billion |
| GDP 2022 | 217.57 Billion |
| GDP 2021 | 214.57 Billion |
| GDP 2020 | 206.29 Billion |
| GDP 2019 | 211.74 Billion |
| GDP 2018 | 209.54 Billion |
| STATE FACTS |
|---|
| Mammoth Cave is the world’s longest cave and was first promoted in 1816, making it the second oldest tourist attraction in the United States. Niagara Falls, NY is the first. |
| The public saw an electric light for the first time in Louisville. Thomas Edison introduced his incandescent light bulb to crowds at the Southern Exposition in 1883. |
| More than $6 billion worth of gold is held in the underground vaults of Fort Knox. This is the largest amount of gold stored anywhere in the world. |
Government
| ELECTED OFFICIALS | |
| Governor |
Andy Beshear (D) |
| Lieutenant Governor | Jacqueline Coleman (D) |
| Attorney General | Russell Coleman (R) |
| Secretary of State | Michael Adams (R) |
| State Senate Control | R – 30; D – 7 |
| State House Control | R – 80; D – 20 |
Legislative Process
| LEGISLATIVE DATES AND DEADLINES | |
| Convenes | January 7, 2025 |
| Sine Die Adjournment | April 15, 2025 |
| Committee Action Deadlines | N/A |
| Crossover Deadline | N/A |
| Carryover from Previous Session | No |
| Governor’s Signing Deadline (in session) | 10 days, Sundays excepted |
| Governor’s Signing Deadline (after adjournment) | 10 days, Sundays excepted |
| Veto Override | Simple majority |
| Legislation Effective Date | 90 days after adjournment |
Notable Laws & Legislation
SAFE Act
- KY HB 393 (now Ky. Rev. Stat. Ann. Title XXV, c. 286, subtitles 1 & 2)
Security Breach Notification Law
AFSA Comment Letters
- Kentucky SB 129 – Automated License Plate Readers (March 9, 2023)
Enforcement
No Recent AG Enforcement
Consumer Complaints
No Top Consumer Complaint Data
Regulatory Actions
Featured Regulations
- No Featured Regulations
Regulatory Guidelines
- No Regulatory Guidelines
Advocacy, Initiatives & Reports
Advocacy
- 20 State & DC Amicus Brief re: Public Student Loan Forgiveness (November 2019)
- 22 State Letter to Education Department re: Student Loan Forgiveness (November 2019)
- 29 State & DC Letter to Education Department re: Student Loan Fraud (October 2019)
- 20 State & DC Letter to Congress re: Cannabis Banking (September 2019)
- 27 State & DC Letter to CFPB re: Debt Collection Rule (September 2019)
- 31 States & DC Amicus Brief re: Student Loans (August 2019)
- 11 States & DC Letter to Education Department re: Public Service Loan Forgiveness Program (August 2019)
- 50 States & DC Letter to FCC re: Robocalls (August 2019)
- 24 States & DC Letter to CFPB re: Overdraft Rule (July 2019)
- 40 States & DC Letter to FTC re: Data Privacy (June 2019)
- 50 States & DC Letter to Education Department re: Student Loans for Disabled Veterans (May 2019)
- 33 States & DC Letter to Congress re: Marijuana Banking (May 2019)
- 41 States & DC Letter to FCC re: Robocalls (May 2019)
- 50 States & DC Letter to U.S. Senate Committee on Commerce, Science & Transportation re: Robocalls (March 2019)
- 30 States & DC Letter to FTC re: Identity Theft Rule (February 2019)
- 43 State AGs Letter to Social Security Administration re: Identity Fraud (December 2018)
- 21 State AGs Letter to Department of Education re: closed-school loan discharge regulations (October 2018)
- 33 State AGs Letter to CFPB re: Military Lending Act (October 2018)
- 11 State AGs Letter to Department of Education re: Public Service Loan Forgiveness (PSLF) Program (October 2018)
- 32 AGs Letter urging Congress to preserve state’s authority to enforce data breach & security laws (March 2018)
- 30 AGs Letter to Congress urging it to reject legislation that would block state oversight of student loan servicing industry (March 2018)
- 36 State AGs Letter – Credit Freeze Fees (October 2017)
- 43 State AGs Letter – Major Data Breach (September 2017)
- 31 State AGs Letter to CFPB – Debt Collection Rules (March 2014)
Trade Associations
There are currently no partner industry associations in Kentucky




