Living in Flatwoods, Kentucky
Cost of living, income, home prices, rent and demographics of Flatwoods · Census data 2020–2024
Flatwoods has 7,269 residents with a median age of 38.2. The median household income is $59,972 (6% lower than the Kentucky median), the median home value is $114,600, the median rent is $940/month.
Flatwoods at a glance
- Population
- 7,269
- Median age
- 38.2State: 39.1
- Median household income
- $59,972State: $63,726
- Median home value
- $114,600State: $205,600
- Median rent
- $940/moState: $967
- Homeowners
- 75.2%
- Bachelor's degree or higher
- 15.8%
- Average commute
- 20 min
Is Flatwoods a good place to live?
Pros: Home values 44% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 6% lower than the Kentucky median; unemployment of 6.4%; a poverty rate of 18.4%.
The weather is best in May–June and August–September.
Cost of living in Flatwoods
Housing is the biggest part of the cost of living. In Flatwoods the median home value is $114,600, 66% lower than the U.S. median. Renters pay a median of $940 per month, which is 25.6% of household income. Homeowners with a mortgage pay $1,179 a month in housing costs.
Flatwoods median household income
The median household income in Flatwoods is $59,972 and the income per person is $27,688. 18.4% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Flatwoods: homes for sale and rent
- Housing units
- 3,056
- Owner-occupied
- 75.2%
- Renter-occupied
- 24.8%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.49
Flatwoods demographics
- Population
- 7,269
- Median age
- 38.2
- Under 18
- 25.1%
- 65 and older
- 19.7%
- Households
- 2,866
- Foreign-born
- 1.2%
- Veterans
- 8.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Flatwoods ›
Education in Flatwoods
15.8% of adults 25 and older in Flatwoods have a bachelor's degree or higher (Kentucky: 27.6%), and 7% have a graduate or professional degree.
Jobs and commute in Flatwoods
- Unemployment rate
- 6.4%State: 4.9%
- Average commute
- 20 minState: 24 min
- Work from home
- 6.8%
- Drive alone
- 70.9%
- Public transit
- 0%
- Walk to work
- 3%
- Homes with broadband
- 85.6%
Flatwoods vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Flatwoods | 7,269 | $59,972 | $114,600 | $940 |
| Raceland | 2,265 | $57,222 | $128,400 | $855 |
| Worthington | 1,759 | $65,609 | $133,200 | $871 |
| Russell | 3,676 | $76,182 | $211,900 | $743 |
| Hanging Rock | 142 | $67,188 | $125,000 | $675 |
| Bellefonte | 1,419 | $117,250 | $282,600 | $1,726 |
| Ironton | 10,768 | $47,648 | $106,700 | $782 |
| Wurtland | 1,154 | $60,972 | $95,000 | $917 |
| Westwood | 4,473 | $73,511 | $92,200 | $853 |
More for people moving to Flatwoods
Flatwoods ZIP code ›Weather and climate ›Living in Flatwoods: FAQ
What is the median household income in Flatwoods, KY?
The median household income in Flatwoods is $59,972, 6% 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 Flatwoods?
The median home value in Flatwoods is $114,600, compared with $205,600 in Kentucky.
How much is rent in Flatwoods?
The median gross rent in Flatwoods is $940 per month, about 25.6% of household income.
Is Flatwoods, KY a good place to live?
Pluses: home values 44% lower than the state median; an average commute of 20 minutes. Minuses: median household income 6% lower than the Kentucky median; unemployment of 6.4%; a poverty rate of 18.4%.
What is the median age in Flatwoods?
The median age in Flatwoods is 38.2 years (Kentucky: 39.1).
How long is the commute in Flatwoods?
The average commute to work in Flatwoods is 20 minutes; 6.8% of workers work from home.
What is the unemployment rate in Flatwoods?
The unemployment rate in Flatwoods is 6.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Flatwoods?
15.8% of adults in Flatwoods 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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