Living in Central City, Kentucky
Cost of living, income, home prices, rent and demographics of Central City · Census data 2020–2024
Central City has 5,707 residents with a median age of 37.5. The median household income is $50,885 (20% lower than the Kentucky median), the median home value is $143,600, the median rent is $683/month.
Central City at a glance
- Population
- 5,707
- Median age
- 37.5State: 39.1
- Median household income
- $50,885State: $63,726
- Median home value
- $143,600State: $205,600
- Median rent
- $683/moState: $967
- Homeowners
- 59.4%
- Bachelor's degree or higher
- 5.7%
- Average commute
- 24 min
Is Central City a good place to live?
Pros: Home values 30% lower than the state median.
Cons: Median household income 20% lower than the Kentucky median; an average commute of 24 minutes; unemployment of 9.4%; a poverty rate of 25.6%.
The weather is best in May and August to October.
Cost of living in Central City
Housing is the biggest part of the cost of living. In Central City the median home value is $143,600, 57% lower than the U.S. median. Renters pay a median of $683 per month, which is 19.6% of household income. Homeowners with a mortgage pay $1,173 a month in housing costs.
Central City median household income
The median household income in Central City is $50,885 and the income per person is $24,345. 25.6% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Central City: homes for sale and rent
- Housing units
- 2,312
- Owner-occupied
- 59.4%
- Renter-occupied
- 40.6%
- Vacant
- 9.6%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.38
Central City demographics
- Population
- 5,707
- Median age
- 37.5
- Under 18
- 19.9%
- 65 and older
- 13.4%
- Households
- 2,089
- Foreign-born
- 1.1%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Central City ›
Education in Central City
5.7% of adults 25 and older in Central City have a bachelor's degree or higher (Kentucky: 27.6%), and 3.4% have a graduate or professional degree.
Jobs and commute in Central City
- Unemployment rate
- 9.4%State: 4.9%
- Average commute
- 24 minState: 24 min
- Work from home
- 1%
- Drive alone
- 92.7%
- Public transit
- 0%
- Walk to work
- 2.2%
- Homes with broadband
- 87.9%
Central City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Central City | 5,707 | $50,885 | $143,600 | $683 |
| South Carrollton | 157 | $41,307 | $125,000 | — |
| Powderly | 931 | $50,662 | $99,300 | $754 |
| Greenville | 4,410 | $46,054 | $116,400 | $602 |
| Bremen | 285 | $68,125 | $129,700 | $624 |
| Drakesboro | 320 | $34,375 | $75,500 | $964 |
| Rockport | 233 | $64,000 | $95,000 | — |
| Beechmont | 771 | $52,240 | $162,900 | — |
| Island | 576 | $54,375 | $75,000 | $929 |
More for people moving to Central City
Central City ZIP code ›Weather and climate ›Living in Central City: FAQ
What is the median household income in Central City, KY?
The median household income in Central City is $50,885, 20% 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 Central City?
The median home value in Central City is $143,600, compared with $205,600 in Kentucky.
How much is rent in Central City?
The median gross rent in Central City is $683 per month, about 19.6% of household income.
Is Central City, KY a good place to live?
Pluses: home values 30% lower than the state median. Minuses: median household income 20% lower than the Kentucky median; an average commute of 24 minutes; unemployment of 9.4%; a poverty rate of 25.6%.
What is the median age in Central City?
The median age in Central City is 37.5 years (Kentucky: 39.1).
How long is the commute in Central City?
The average commute to work in Central City is 24 minutes; 1% of workers work from home.
What is the unemployment rate in Central City?
The unemployment rate in Central City is 9.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Central City?
5.7% of adults in Central City 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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