Living in Fredonia, Kentucky

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

Fredonia has 466 residents with a median age of 32.2. The median household income is $66,964 (5% higher than the Kentucky median), the median home value is $108,500, the median rent is $950/month.

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

Fredonia at a glance

Population
466
Median age
32.2State: 39.1
Median household income
$66,964State: $63,726
Median home value
$108,500State: $205,600
Median rent
$950/moState: $967
Homeowners
89.9%
Bachelor's degree or higher
28.2%
Average commute
23 min

Is Fredonia a good place to live?

Pros: Median household income 5% higher than the Kentucky median; home values 47% lower than the state median; an average commute of 23 minutes; unemployment of 2%.

Cons: A poverty rate of 19.5%.

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

Cost of living in Fredonia

Housing is the biggest part of the cost of living. In Fredonia the median home value is $108,500, 67% lower than the U.S. median. Renters pay a median of $950 per month, which is 18.8% of household income. Homeowners with a mortgage pay $1,125 a month in housing costs.

Median home value

Fredonia$108,500
Kentucky$205,600
United States$332,700

Median monthly rent

Fredonia$950
Kentucky$967
United States$1,413

Fredonia median household income

The median household income in Fredonia is $66,964 and the income per person is $26,348. 19.5% of residents live below the poverty line (Kentucky: 16.1%).

Median household income

Fredonia$66,964
Kentucky$63,726
United States$80,734

Housing in Fredonia: homes for sale and rent

Housing units
192
Owner-occupied
89.9%
Renter-occupied
10.1%
Vacant
27.6%Includes seasonal homes
Median year built
1972
Average household size
3.35

Fredonia demographics

Population
466
Median age
32.2
Under 18
33.7%
65 and older
12.2%
Households
139
Foreign-born
0%
Veterans
5.8%Adults 18+

Race and ethnicity

White97.9%
Hispanic or Latino0%
Black1.7%
Asian0%

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

Education in Fredonia

28.2% of adults 25 and older in Fredonia have a bachelor's degree or higher (Kentucky: 27.6%), and 3.5% have a graduate or professional degree.

Bachelor's degree or higher

Fredonia28.2%
Kentucky27.6%
United States35.7%

Jobs and commute in Fredonia

Unemployment rate
2%State: 4.9%
Average commute
23 minState: 24 min
Work from home
0%
Drive alone
87.1%
Public transit
0%
Walk to work
1.2%
Homes with broadband
84.2%

Fredonia vs nearby towns

TownPopulationMedian incomeHome valueRent
Fredonia466$66,964$108,500$950
Marion2,886$39,414$97,300$688
Eddyville2,897$55,625$188,400$730
Kuttawa588$78,214$292,200—
Salem780$61,667$102,400$678
Princeton6,241$47,411$96,600$762
Grand Rivers436$70,000$171,400$790
Gilbertsville433$12,391$101,800$716
Cave-In-Rock210$29,250$40,000$490

More for people moving to Fredonia

Fredonia ZIP code ›Weather and climate ›

Living in Fredonia: FAQ

What is the median household income in Fredonia, KY?

The median household income in Fredonia is $66,964, 5% 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 Fredonia?

The median home value in Fredonia is $108,500, compared with $205,600 in Kentucky.

How much is rent in Fredonia?

The median gross rent in Fredonia is $950 per month, about 18.8% of household income.

Is Fredonia, KY a good place to live?

Pluses: median household income 5% higher than the Kentucky median; home values 47% lower than the state median; an average commute of 23 minutes; unemployment of 2%. Minuses: a poverty rate of 19.5%.

What is the median age in Fredonia?

The median age in Fredonia is 32.2 years (Kentucky: 39.1).

How long is the commute in Fredonia?

The average commute to work in Fredonia is 23 minutes; 0% of workers work from home.

What is the unemployment rate in Fredonia?

The unemployment rate in Fredonia is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Fredonia?

28.2% of adults in Fredonia 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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