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$ 763,895,100

Fasig-Tipton & Keeneland Thoroughbred Horse Sales


Kentucky is the largest seller of Thoroughbred horses at public auction

Yearling Sales at Keeneland

$377 Million

Yearlings Sold

2,916

Med. Price

$50,000

236 Thoroughbred

stallions standing in KY
227 of those registered with KTDF

These stand for a range of
$2,000 - $ 300,000

Thoroughbred Impact

$ 115
Million


Tax revenues for Kentucky through the Thoroughbred industry annually.

$ 33.6 Million

Thoroughbred Impact on
Employment

$24.4 Million direct

$9.2 Million indirect & induced

$ 1.003 Billion

Thoroughbred Impact on
Labor Income

$646 Million direct

$357 Million indirect & induced

$ 2.7 Billion

Thoroughbred Impact on
Total Value of Industry Production (Output)

$1.6 Billion direct

$1.1 Billion indirect & induced

Horses by the numbers

238,027

Horse
Population

That's one horse for every 18 people in KY

people

HORSES PUT Kentuckians
TO WORK

More than 60 job categories are related to the horse industry including:

Illustration of horse and groom

Direct, indirect & induced labor income

$ 1.9 Billion

Veterinarians

Annual Mean Wage - $99,800


General & Operations Managers

Annual Mean Wage - $92,800


Farmers, Ranchers, and Other Agricultural Managers

Annual Mean Wage - $81,800


Agricultural Engineers

Annual Mean Wage - $70,500


First-Line Supervisors of Farming, Fishing & Forestry Workers

Annual Mean Wage - $62,100


Animal Scientists

Annual Mean Wage - $54,100


Breeders

Annual Mean Wage - $52,400


Farm & Home Management Advisors

Annual Mean Wage - $50,300


Grounds Maintenance

Annual Mean Wage - $43,100


Recreation Impact

14, 6 0 0

Tourism-related jobs attributed to the equine industry

Recreation
Sector

5 , 8 2 8

$ 2 0 9 Million

Direct Jobs

Direct State Value

These direct
Recreation Impacts

Drive $132 million in added value to the economy

Create 1,831 jobs from indirect and induced effects

4 9 %

of recreational riders are from out-of-state

Kentucky Horse Park logo

The Kentucky Horse Park has an economic impact of $240 million

3 0 %

of households in KY contain horse enthusiasts

There are 77 different horse-related attractions in the state of Kentucky


Competition Impact

In Kentucky, spending on travel, dining, and lodging for people attending or participating in events brings in $156 million

Competition
Sector

7 , 9 2 4

$ 3 1 0 Million

Direct Jobs

Direct State Value

These direct
Competition Impacts

Drive $198 million in added value to the economy

Create 2,793 jobs from indirect and induced effects

Land Rover Kentucky three day event logo

Brought an economic impact of $14.2 million

World's Championship Horse Show logo

Contributes over $15.3 million annually in economic impact

World Equestrian Games logo

The World Equestrian Games had an impact of $201.5 million

Racing Impact

Racing operations have a $517 million direct impact on Kentucky's economy

Racing
Sector

2 4 , 4 0 2

$ 8 3 2 Million

Direct Jobs

Direct State Value

These direct
Competition Impacts

Drive $594 million in added value to the economy

Create 9,333 jobs from indirect and induced effects

$ 118 Million

In Purses

Serengeti Empress at the Kentucky Oaks

2019 Kentucky Derby and Kentucky Oaks Estimated Economic Impact

3 5 6
Million

1 1 1 out of 145 Kentucky Derby winners are Kentucky-Bred

grid

10 out of 13 winners of the North American Triple Crown are KY-Bred

The Numbers Say it All


The equine industry combines to generate $6.5 billion in annual cumulative direct, indirect and induced economic activity and a total of 60,494 jobs in Kentucky.