Living in Island, Kentucky
Cost of living, income, home prices, rent and demographics of Island · Census data 2020–2024
Island has 576 residents with a median age of 47. The median household income is $54,375 (15% lower than the Kentucky median), the median home value is $75,000, the median rent is $929/month.
Island is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Island at a glance
- Population
- 576
- Median age
- 47State: 39.1
- Median household income
- $54,375State: $63,726
- Median home value
- $75,000State: $205,600
- Median rent
- $929/moState: $967
- Homeowners
- 76.3%
- Bachelor's degree or higher
- 6.8%
- Average commute
- 34 min
Is Island a good place to live?
Pros: Home values 64% lower than the state median; a poverty rate of 12%.
Cons: Median household income 15% lower than the Kentucky median; an average commute of 34 minutes; unemployment of 13.4%.
The weather is best in May and August to October.
Cost of living in Island
Housing is the biggest part of the cost of living. In Island the median home value is $75,000, 77% lower than the U.S. median. Renters pay a median of $929 per month, which is 18.1% of household income. Homeowners with a mortgage pay $969 a month in housing costs.
Island median household income
The median household income in Island is $54,375 and the income per person is $27,769. 12% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Island: homes for sale and rent
- Housing units
- 263
- Owner-occupied
- 76.3%
- Renter-occupied
- 23.7%
- Vacant
- 3.8%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.28
Island demographics
- Population
- 576
- Median age
- 47
- Under 18
- 18.9%
- 65 and older
- 22.6%
- Households
- 253
- Foreign-born
- 0.3%
- Veterans
- 10.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Island ›
Education in Island
6.8% of adults 25 and older in Island have a bachelor's degree or higher (Kentucky: 27.6%), and 1.6% have a graduate or professional degree.
Jobs and commute in Island
- Unemployment rate
- 13.4%State: 4.9%
- Average commute
- 34 minState: 24 min
- Work from home
- 2.9%
- Drive alone
- 69.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87%
Island vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Island | 576 | $54,375 | $75,000 | $929 |
| Livermore | 1,223 | $40,099 | $134,600 | $568 |
| Bremen | 285 | $68,125 | $129,700 | $624 |
| Sacramento | 317 | $34,107 | $75,300 | $382 |
| South Carrollton | 157 | $41,307 | $125,000 | — |
| Centertown | 371 | $46,563 | $94,100 | $967 |
| Calhoun | 601 | $52,500 | $113,300 | $538 |
| Central City | 5,707 | $50,885 | $143,600 | $683 |
| Rockport | 233 | $64,000 | $95,000 | — |
More for people moving to Island
Island ZIP code ›Weather and climate ›Living in Island: FAQ
What is the median household income in Island, KY?
The median household income in Island is $54,375, 15% 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 Island?
The median home value in Island is $75,000, compared with $205,600 in Kentucky.
How much is rent in Island?
The median gross rent in Island is $929 per month, about 18.1% of household income.
Is Island, KY a good place to live?
Pluses: home values 64% lower than the state median; a poverty rate of 12%. Minuses: median household income 15% lower than the Kentucky median; an average commute of 34 minutes; unemployment of 13.4%.
What is the median age in Island?
The median age in Island is 47 years (Kentucky: 39.1).
How long is the commute in Island?
The average commute to work in Island is 34 minutes; 2.9% of workers work from home.
What is the unemployment rate in Island?
The unemployment rate in Island is 13.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Island?
6.8% of adults in Island 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: