Living in Farley, Kentucky

Cost of living, income, home prices, rent and demographics of Farley · Census data 2020–2024

Farley has 4,458 residents with a median age of 36.5. The median household income is $47,292 (26% lower than the Kentucky median), the median home value is $86,300, the median rent is $759/month.

Farley at a glance

Population
4,458
Median age
36.5State: 39.1
Median household income
$47,292State: $63,726
Median home value
$86,300State: $205,600
Median rent
$759/moState: $967
Homeowners
75.2%
Bachelor's degree or higher
10.9%
Average commute
17 min

Is Farley a good place to live?

Pros: Home values 58% lower than the state median; an average commute of 17 minutes; unemployment of 3.9%.

Cons: Median household income 26% lower than the Kentucky median; a poverty rate of 30.8%.

The weather is best in May–June and September–October.

Cost of living in Farley

Housing is the biggest part of the cost of living. In Farley the median home value is $86,300, 74% lower than the U.S. median. Renters pay a median of $759 per month, which is 32.9% of household income. Homeowners with a mortgage pay $1,022 a month in housing costs.

Median home value

Farley$86,300
Kentucky$205,600
United States$332,700

Median monthly rent

Farley$759
Kentucky$967
United States$1,413

Farley median household income

The median household income in Farley is $47,292 and the income per person is $21,585. 30.8% of residents live below the poverty line (Kentucky: 16.1%).

Median household income

Farley$47,292
Kentucky$63,726
United States$80,734

Housing in Farley: homes for sale and rent

Housing units
2,026
Owner-occupied
75.2%
Renter-occupied
24.8%
Vacant
23.1%Includes seasonal homes
Median year built
1978
Average household size
2.86

Farley demographics

Population
4,458
Median age
36.5
Under 18
24.9%
65 and older
20.8%
Households
1,559
Foreign-born
1.3%
Veterans
8.6%Adults 18+

Race and ethnicity

White89.4%
Hispanic or Latino5.7%
Black3.9%
Asian0.6%

Hispanic or Latino can be of any race. Population history of Farley ›

Education in Farley

10.9% of adults 25 and older in Farley have a bachelor's degree or higher (Kentucky: 27.6%), and 1.3% have a graduate or professional degree.

Bachelor's degree or higher

Farley10.9%
Kentucky27.6%
United States35.7%

Jobs and commute in Farley

Unemployment rate
3.9%State: 4.9%
Average commute
17 minState: 24 min
Work from home
10.2%
Drive alone
75.8%
Public transit
0%
Walk to work
1.9%
Homes with broadband
87.2%

Farley vs nearby towns

TownPopulationMedian incomeHome valueRent
Farley4,458$47,292$86,300$759
Reidland5,277$99,423$228,000$1,051
Hendron4,495$71,610$213,900—
Ledbetter1,785$59,899$120,800$1,110
Paducah26,845$49,915$165,300$834
Massac4,698$92,560$239,400$887
Brookport733$38,000$58,300$843
Metropolis5,864$50,399$86,000$752
Calvert City2,526$48,906$165,700$992

More for people moving to Farley

Farley ZIP code ›Weather and climate ›

Living in Farley: FAQ

What is the median household income in Farley, KY?

The median household income in Farley is $47,292, 26% 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 Farley?

The median home value in Farley is $86,300, compared with $205,600 in Kentucky.

How much is rent in Farley?

The median gross rent in Farley is $759 per month, about 32.9% of household income.

Is Farley, KY a good place to live?

Pluses: home values 58% lower than the state median; an average commute of 17 minutes; unemployment of 3.9%. Minuses: median household income 26% lower than the Kentucky median; a poverty rate of 30.8%.

What is the median age in Farley?

The median age in Farley is 36.5 years (Kentucky: 39.1).

How long is the commute in Farley?

The average commute to work in Farley is 17 minutes; 10.2% of workers work from home.

What is the unemployment rate in Farley?

The unemployment rate in Farley is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Farley?

10.9% of adults in Farley 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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