Living in Forest Hills, Kentucky

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

Forest Hills has 387 residents with a median age of 53.7. The median household income is $68,438 (7% higher than the Kentucky median), the median home value is $250,800, the median rent is $2,017/month.

Forest Hills is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Forest Hills at a glance

Population
387
Median age
53.7State: 39.1
Median household income
$68,438State: $63,726
Median home value
$250,800State: $205,600
Median rent
$2,017/moState: $967
Homeowners
71.9%
Bachelor's degree or higher
29.1%
Average commute
20 min

Is Forest Hills a good place to live?

Pros: Median household income 7% higher than the Kentucky median; an average commute of 20 minutes; unemployment of 3.8%; a poverty rate of 16%.

Cons: Home values 22% higher than the state median.

The weather is best in May and August to October.

Cost of living in Forest Hills

Housing is the biggest part of the cost of living. In Forest Hills the median home value is $250,800, 25% lower than the U.S. median. Renters pay a median of $2,017 per month, which is 51% of household income. Homeowners with a mortgage pay $1,658 a month in housing costs.

Median home value

Forest Hills$250,800
Kentucky$205,600
United States$332,700

Median monthly rent

Forest Hills$2,017
Kentucky$967
United States$1,413

Forest Hills median household income

The median household income in Forest Hills is $68,438 and the income per person is $36,559. 16% of residents live below the poverty line (Kentucky: 16.1%).

Median household income

Forest Hills$68,438
Kentucky$63,726
United States$80,734

Housing in Forest Hills: homes for sale and rent

Housing units
184
Owner-occupied
71.9%
Renter-occupied
28.1%
Vacant
7.1%Includes seasonal homes
Median year built
1963
Average household size
2.26

Forest Hills demographics

Population
387
Median age
53.7
Under 18
18.3%
65 and older
32%
Households
171
Foreign-born
3.9%
Veterans
6.6%Adults 18+

Race and ethnicity

White81.9%
Hispanic or Latino0%
Black11.6%
Asian1.3%

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

Education in Forest Hills

29.1% of adults 25 and older in Forest Hills have a bachelor's degree or higher (Kentucky: 27.6%), and 10% have a graduate or professional degree.

Bachelor's degree or higher

Forest Hills29.1%
Kentucky27.6%
United States35.7%

Jobs and commute in Forest Hills

Unemployment rate
3.8%State: 4.9%
Average commute
20 minState: 24 min
Work from home
16.2%
Drive alone
76%
Public transit
0%
Walk to work
1.2%
Homes with broadband
80.1%

Forest Hills vs nearby towns

TownPopulationMedian incomeHome valueRent
Forest Hills387$68,438$250,800$2,017
Hurstbourne Acres1,972$66,891$321,300$1,218
Jeffersontown29,199$81,506$250,700$1,320
Houston Acres745$94,000$253,700$2,500
Hurstbourne4,702$116,094$542,600$1,644
Cambridge167$101,429$256,500—
St. Regis Park1,783$107,813$328,100$1,700
Lincolnshire124$101,875$305,600—
Blue Ridge Manor743$70,536$229,600$1,765

More for people moving to Forest Hills

Forest Hills ZIP code ›Weather and climate ›

Living in Forest Hills: FAQ

What is the median household income in Forest Hills, KY?

The median household income in Forest Hills is $68,438, 7% higher 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 Forest Hills?

The median home value in Forest Hills is $250,800, compared with $205,600 in Kentucky.

How much is rent in Forest Hills?

The median gross rent in Forest Hills is $2,017 per month, about 51% of household income.

Is Forest Hills, KY a good place to live?

Pluses: median household income 7% higher than the Kentucky median; an average commute of 20 minutes; unemployment of 3.8%; a poverty rate of 16%. Minuses: home values 22% higher than the state median.

What is the median age in Forest Hills?

The median age in Forest Hills is 53.7 years (Kentucky: 39.1).

How long is the commute in Forest Hills?

The average commute to work in Forest Hills is 20 minutes; 16.2% of workers work from home.

What is the unemployment rate in Forest Hills?

The unemployment rate in Forest Hills is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Forest Hills?

29.1% of adults in Forest Hills 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.

Last updated: