Living in Philpot, Kentucky
Cost of living, income, home prices, rent and demographics of Philpot · Census data 2020–2024
Philpot has 1,036 residents with a median age of 48.3. The median household income is $87,692 (38% higher than the Kentucky median), the median home value is $240,900.
Philpot is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Philpot at a glance
- Population
- 1,036
- Median age
- 48.3State: 39.1
- Median household income
- $87,692State: $63,726
- Median home value
- $240,900State: $205,600
- Homeowners
- 83.2%
- Bachelor's degree or higher
- 42.4%
- Average commute
- 17 min
Is Philpot a good place to live?
Pros: Median household income 38% higher than the Kentucky median; an average commute of 17 minutes; a poverty rate of 1.2%.
Cons: Home values 17% higher than the state median; unemployment of 5.5%.
The weather is best in May–June and August–September.
Cost of living in Philpot
Housing is the biggest part of the cost of living. In Philpot the median home value is $240,900, 28% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,639 a month in housing costs.
Philpot median household income
The median household income in Philpot is $87,692 and the income per person is $46,809. 1.2% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Philpot: homes for sale and rent
- Housing units
- 400
- Owner-occupied
- 83.2%
- Renter-occupied
- 16.8%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.76
Philpot demographics
- Population
- 1,036
- Median age
- 48.3
- Under 18
- 28.5%
- 65 and older
- 21.7%
- Households
- 376
- Foreign-born
- 1.3%
- Veterans
- 15.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Philpot ›
Education in Philpot
42.4% of adults 25 and older in Philpot have a bachelor's degree or higher (Kentucky: 27.6%), and 12.2% have a graduate or professional degree.
Jobs and commute in Philpot
- Unemployment rate
- 5.5%State: 4.9%
- Average commute
- 17 minState: 24 min
- Work from home
- 8%
- Drive alone
- 80.8%
- Public transit
- 0%
- Walk to work
- 11.2%
- Homes with broadband
- 93.1%
Philpot vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Philpot | 1,036 | $87,692 | $240,900 | — |
| Thruston | 2,581 | $69,922 | $187,700 | $810 |
| Masonville | 2,887 | $83,241 | $230,400 | — |
| Knottsville | 245 | $96,513 | — | — |
| Owensboro | 60,302 | $56,357 | $178,900 | $905 |
| Yelvington | 594 | $68,176 | $137,500 | — |
| Whitesville | 661 | $85,000 | $161,100 | $844 |
| Pleasant Ridge | 487 | $41,798 | $113,800 | — |
| Rockport | 1,958 | $48,889 | $132,700 | $678 |
More for people moving to Philpot
Philpot ZIP code ›Weather and climate ›Living in Philpot: FAQ
What is the median household income in Philpot, KY?
The median household income in Philpot is $87,692, 38% 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 Philpot?
The median home value in Philpot is $240,900, compared with $205,600 in Kentucky.
Is Philpot, KY a good place to live?
Pluses: median household income 38% higher than the Kentucky median; an average commute of 17 minutes; a poverty rate of 1.2%. Minuses: home values 17% higher than the state median; unemployment of 5.5%.
What is the median age in Philpot?
The median age in Philpot is 48.3 years (Kentucky: 39.1).
How long is the commute in Philpot?
The average commute to work in Philpot is 17 minutes; 8% of workers work from home.
What is the unemployment rate in Philpot?
The unemployment rate in Philpot is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Philpot?
42.4% of adults in Philpot 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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