Kentucky
Maps & Population Facts
Housing Estimates
Kentucky is the 26th most populated state. The state has over 250,000 jobs in manufacturing and has a smaller agricultural output compared with other states in the region.
The state ranks below average economically, having a lower labor force participation rate and residents reporting lower incomes. The corporate tax rate in Kentucky is below the national average and a significant portion of Kentucky's population is concentrated near Lexington and Louisville.
Income
Households in the state of Kentucky earn signifcantly less money than the national median income, averaging 20% less per household.
Housing
Kentucky has a median house price of $141,000. The cost of owning a home in Kentucky is less than most states. The cost of renting in Kentucky is 28% less than the national average.
| Percent | Ranking | |
|---|---|---|
| Renter Occupied Households | 34% | 27th |
| New Construction (Built after 2000) | 20% | 25th |
Demographics
The median age in the state is 39. The age of the general population in Kentucky is comparable with other US states.
Kentucky ranks in the lowest of the nation for having an educated population. The state has significantly less college graduates per resident than most states.
Housing Data
| Kentucky | USA | |
| Median Property Value | 141,000 | 217,600 |
| Median Mortgage Payment | 1,123 | 1,513 |
| Median Gross Rent | 724 | 1,012 |
| Property Vacancy | 13.1% | 12.6% |
| % Renters | 34% | 36% |
| Residents per Sq. Mi. | 113 | 93 |
| Kentucky | USA | |
| Median Household Income | 48,375 | 60,336 |
| Median Individual Income | 30,663 | 33,646 |
| Median Income (Full-Time) | 41,313 | 46,881 |
| Median Age | 38.9 | 38.1 |
| Labor Participation | 59.0% | 62.8% |
| Attained College Degree | 24.0% | 32.0% |
Population Density Analysis
Demographics
Most Populated Cities
| 1. | Lexington-Fayette Central | 118,012 |
| 2. | Southeast Jefferson | 117,417 |
| 3. | Covington | 111,617 |
| 4. | Central Jefferson | 95,105 |
| 5. | Louisville East | 94,435 |
Highest Household Income
| 1. | Keene | 119,044 |
| 2. | Pewee Valley | 105,769 |
| 3. | Floyds Fork | 100,758 |
| 4. | Northeast Jefferson | 97,531 |
| 5. | Hebron | 93,848 |
Highest Home Value
| 1. | Keene | 435,100 |
| 2. | South Woodford | 320,400 |
| 3. | Floyds Fork | 310,500 |
| 4. | Simpsonville | 295,800 |
| 5. | Northeast Jefferson | 292,300 |
Highest Gross Rent
| 1. | Floyds Fork | 1,219 |
| 2. | Fort Campbell | 1,171 |
| 3. | Lexington-Fayette Southwest | 1,147 |
| 4. | Fort Knox | 1,137 |
| 5. | Hebron | 1,121 |