Living in Nicholasville, Kentucky

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

Nicholasville has 32,197 residents with a median age of 37.7. The median household income is $68,503 (7% higher than the Kentucky median), the median home value is $226,800, the median rent is $1,147/month.

Nicholasville at a glance

Population
32,197
Median age
37.7State: 39.1
Median household income
$68,503State: $63,726
Median home value
$226,800State: $205,600
Median rent
$1,147/moState: $967
Homeowners
58.2%
Bachelor's degree or higher
26.9%
Average commute
24 min

Is Nicholasville a good place to live?

Pros: Median household income 7% higher than the Kentucky median; an average commute of 24 minutes; unemployment of 3.6%; a poverty rate of 13.1%.

Cons: Home values 10% higher than the state median.

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

Cost of living in Nicholasville

Housing is the biggest part of the cost of living. In Nicholasville the median home value is $226,800, 32% lower than the U.S. median. Renters pay a median of $1,147 per month, which is 27.4% of household income. Homeowners with a mortgage pay $1,410 a month in housing costs.

Median home value

Nicholasville$226,800
Kentucky$205,600
United States$332,700

Median monthly rent

Nicholasville$1,147
Kentucky$967
United States$1,413

Nicholasville median household income

The median household income in Nicholasville is $68,503 and the income per person is $31,714. 13.1% of residents live below the poverty line (Kentucky: 16.1%).

Median household income

Nicholasville$68,503
Kentucky$63,726
United States$80,734

Housing in Nicholasville: homes for sale and rent

Housing units
12,863
Owner-occupied
58.2%
Renter-occupied
41.8%
Vacant
5.7%Includes seasonal homes
Median year built
1993
Average household size
2.63

Nicholasville demographics

Population
32,197
Median age
37.7
Under 18
25%
65 and older
14.1%
Households
12,131
Foreign-born
6.4%
Veterans
6.3%Adults 18+

Race and ethnicity

White85.4%
Hispanic or Latino5.6%
Black4.9%
Asian2.2%

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

Education in Nicholasville

26.9% of adults 25 and older in Nicholasville have a bachelor's degree or higher (Kentucky: 27.6%), and 10.1% have a graduate or professional degree.

Bachelor's degree or higher

Nicholasville26.9%
Kentucky27.6%
United States35.7%

Jobs and commute in Nicholasville

Unemployment rate
3.6%State: 4.9%
Average commute
24 minState: 24 min
Work from home
8.8%
Drive alone
81.1%
Public transit
0.7%
Walk to work
0.6%
Homes with broadband
90%

Nicholasville vs nearby towns

TownPopulationMedian incomeHome valueRent
Nicholasville32,197$68,503$226,800$1,147
Keene346$130,625$115,300—
Wilmore6,057$77,665$248,900$975
High Bridge109$85,732——
Lexington-Fayette323,725$69,479$293,500$1,164
Versailles10,492$62,368$286,100$1,160
Burgin993$77,585$193,000$971
Salvisa236$61,250$136,600—
Harrodsburg9,313$48,381$154,200$790

More for people moving to Nicholasville

Nicholasville ZIP code ›Weather and climate ›

Living in Nicholasville: FAQ

What is the median household income in Nicholasville, KY?

The median household income in Nicholasville is $68,503, 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 Nicholasville?

The median home value in Nicholasville is $226,800, compared with $205,600 in Kentucky.

How much is rent in Nicholasville?

The median gross rent in Nicholasville is $1,147 per month, about 27.4% of household income.

Is Nicholasville, KY a good place to live?

Pluses: median household income 7% higher than the Kentucky median; an average commute of 24 minutes; unemployment of 3.6%; a poverty rate of 13.1%. Minuses: home values 10% higher than the state median.

What is the median age in Nicholasville?

The median age in Nicholasville is 37.7 years (Kentucky: 39.1).

How long is the commute in Nicholasville?

The average commute to work in Nicholasville is 24 minutes; 8.8% of workers work from home.

What is the unemployment rate in Nicholasville?

The unemployment rate in Nicholasville is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Nicholasville?

26.9% of adults in Nicholasville 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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