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City of Pikeville Business Development

243 Main Street
Pikeville, KY 41501
P: +1 606-437-5100

Why Pikeville, KY?

10 Reasons to locate or expand your business to Pikeville, Kentucky
  1. We are in the middle of everything. Within 600 miles of Pikeville, one can reach 51% of the nation's population and 48% of personal income in the United States. Just in a day's drive, one can reach most, if not all, of their customers in the U.S. It also helps to be in close proximity of 55% of manufacturing business establishments in the United States. That is going to cut down on time and money spent to move product, meet with customers, or close a sale.
  2. We are a logistical dream. Kentucky business is served by 2 international airports and major shipping hubs. This gives businesses a leg up on getting products, packages and more into the global stream of commerce. Because of the UPS Worldport in Louisville and DHL in Northern Kentucky, Kentucky ranks 3rd in the nation in total air cargo shipments. Near Pikeville, we have 3 regional airports and 4 commercial airports.
  3. We have effective networking. Kentucky is served by 19 interstates and major highways, major rail networks, and barge traffic on the Ohio and Mississippi Rivers. Pikeville is the intersection of 4 interstate-quality highways (US 23, US 119, US 80, and US 460) that allows for easy access to almost any destination needed.
  4. We have a low cost of doing business. Kentucky has consistently had one of the lowest overall costs of doing business in the eastern United States. Kentucky's innovative and progressive tax incentive programs also provide the flexible financial assistance needed to relocate or expand. We have many programs that would entice any company to come to Pikeville, Kentucky.
  5. We have electrifying power rates. Kentucky has the lowest cost of electricity in the industrial sector east of the Mississippi River and 48th lowest in the nation. Kentucky's rates are 20% lower than the national average. Pikeville is home to some of the lowest sewer and water rates in the state. Pikeville is a premier spot for utility savings. That has a direct influence on the cost of doing business.
  6. We have a competitive tax structure. Kentucky ranks among the most business-friendly states in the country for new firms. Kentucky ranked 1st in Site Selection Magazine's annual Governor's Cup award, recognizing the highest number of qualifying industry locations and expansions per capita in 2014. Pikeville is considered a "place to watch" because of the expansion and progress.
  7. We have a skilled and motivated workforce. Kentucky is known for providing companies with a skilled and available workforce to meet the demands of the economy. Big Sandy Community & Technical College's Workforce Solutions program is designed to train workers in industry-specific skill sets and has the ability to provide the flexibility and customization that companies require. Kentucky's motto is "Unbridled Spirit" because of the people. Pikeville is home to the most hard-working, friendly, loyal, and honest people. Pikeville has been able to move mountains because of its people and the skills they possess.
  8. We have a business-friendly attitude. Kentucky is open for business and wants to be a strategic partner with both new and existing companies to create opportunity. Pikeville has all the factors to help a company succeed - high quality of life, adaptable workforce, large financial community, prime location, and more.
  9. We have strong support for entrepreneurship. Kentucky has a drive to encourage business innovation and business startups. We have so many effective programs throughout the state, such as the Kentucky Innovation Network to the nationally recognized SBIR-STTR Matching Funds Program. The entrepreneurial spirit is alive and well in Kentucky. Pikeville is no exception with programs such as UPike's Startup Challenge for small businesses and the innovative Broadband Technology Education Center being constructed. Pikeville is one of the most innovative cities in Kentucky.
  10. We have an unsurpassed quality of life. Life outside the office just could not be better than it is in Kentucky. Eastern Kentucky and Pikeville is the crown jewel. Pikeville has the most picturesque and beautiful mountains that cannot be rivaled. It is deeply ingrained with rich history, such as the famous Hatfield & McCoy feud. Our bluegrass music, crafts, and fine arts are known around the world. The region's parks are some of the best. The people here are down-to-earth and friendly. There is a spark here that cannot be describe on paper - it must be experienced. Pikeville was twice voted as one of the best small towns to live. Kentucky also offers one of the nation's lowest cost of living. Housing costs are up to 30% lower than the national average. Recently, CNBC ranked Kentucky #1 in the nation for the lowest cost of living.
Pikeville, Kentucky is a remarkable city that has to much to offer and is ready to move even more mountains. We invite everyone to come and experience what we have to offer.

Data Name Value Percent
Total Population 64,380  
Median Age 41.0  
Bachelor's Degree or Higher, Age 25+ 5,626 12.54%
High School Degree or Higher, Age 25+ 32,174 71.72%
Civilian Labor Force 23,040 44.28%
Median Household Income $32,571  
Median Earnings for Workers $37,495  
Major airports within area + 100 mile radius
Airport Name
Raleigh County Memorial
Tri-Cities Rgnl Tn/Va
Tri-State/Milton J Ferguson Field
Yeager
Regional airports within area + 100 mile radius None
General aviation airports within area + 50 mile radius
Airport Name
Appalachian Rgnl
Big Sandy Rgnl
Grundy Muni
Logan County
Lonesome Pine
Mingo County
Pike County-Hatcher Field