Living in Beaver Dam, Kentucky
Cost of living, income, home prices, rent and demographics of Beaver Dam · Census data 2020–2024
Beaver Dam has 3,524 residents with a median age of 35.9. The median household income is $53,944 (15% lower than the Kentucky median), the median home value is $167,900, the median rent is $696/month.
Beaver Dam at a glance
- Population
- 3,524
- Median age
- 35.9State: 39.1
- Median household income
- $53,944State: $63,726
- Median home value
- $167,900State: $205,600
- Median rent
- $696/moState: $967
- Homeowners
- 57.8%
- Bachelor's degree or higher
- 16.1%
- Average commute
- 32 min
Is Beaver Dam a good place to live?
Pros: Home values 18% lower than the state median; a poverty rate of 11.2%.
Cons: Median household income 15% lower than the Kentucky median; an average commute of 32 minutes; unemployment of 12.5%.
The weather is best in May and August to October.
Cost of living in Beaver Dam
Housing is the biggest part of the cost of living. In Beaver Dam the median home value is $167,900, 50% lower than the U.S. median. Renters pay a median of $696 per month, which is 16.3% of household income. Homeowners with a mortgage pay $1,256 a month in housing costs.
Beaver Dam median household income
The median household income in Beaver Dam is $53,944 and the income per person is $33,695. 11.2% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Beaver Dam: homes for sale and rent
- Housing units
- 1,455
- Owner-occupied
- 57.8%
- Renter-occupied
- 42.2%
- Vacant
- 10.4%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.70
Beaver Dam demographics
- Population
- 3,524
- Median age
- 35.9
- Under 18
- 20.1%
- 65 and older
- 19.1%
- Households
- 1,304
- Foreign-born
- 10.3%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Beaver Dam ›
Education in Beaver Dam
16.1% of adults 25 and older in Beaver Dam have a bachelor's degree or higher (Kentucky: 27.6%), and 10.8% have a graduate or professional degree.
Jobs and commute in Beaver Dam
- Unemployment rate
- 12.5%State: 4.9%
- Average commute
- 32 minState: 24 min
- Work from home
- 2.3%
- Drive alone
- 89.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 89.6%
Beaver Dam vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Beaver Dam | 3,524 | $53,944 | $167,900 | $696 |
| McHenry | 385 | $40,000 | $96,100 | $665 |
| Hartford | 2,649 | $61,445 | $106,900 | $543 |
| Centertown | 371 | $46,563 | $94,100 | $967 |
| Rockport | 233 | $64,000 | $95,000 | — |
| Rochester | 155 | $78,542 | $167,500 | $943 |
| Pleasant Ridge | 487 | $41,798 | $113,800 | — |
| Island | 576 | $54,375 | $75,000 | $929 |
| South Carrollton | 157 | $41,307 | $125,000 | — |
More for people moving to Beaver Dam
Beaver Dam ZIP code ›Weather and climate ›Living in Beaver Dam: FAQ
What is the median household income in Beaver Dam, KY?
The median household income in Beaver Dam is $53,944, 15% lower than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Beaver Dam?
The median home value in Beaver Dam is $167,900, compared with $205,600 in Kentucky.
How much is rent in Beaver Dam?
The median gross rent in Beaver Dam is $696 per month, about 16.3% of household income.
Is Beaver Dam, KY a good place to live?
Pluses: home values 18% lower than the state median; a poverty rate of 11.2%. Minuses: median household income 15% lower than the Kentucky median; an average commute of 32 minutes; unemployment of 12.5%.
What is the median age in Beaver Dam?
The median age in Beaver Dam is 35.9 years (Kentucky: 39.1).
How long is the commute in Beaver Dam?
The average commute to work in Beaver Dam is 32 minutes; 2.3% of workers work from home.
What is the unemployment rate in Beaver Dam?
The unemployment rate in Beaver Dam is 12.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Beaver Dam?
16.1% of adults in Beaver Dam have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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