Living in Pikeville, Kentucky

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

Pikeville has 7,490 residents with a median age of 40.4. The median household income is $39,955 (37% lower than the Kentucky median), the median home value is $263,800, the median rent is $862/month.

Pikeville at a glance

Population
7,490
Median age
40.4State: 39.1
Median household income
$39,955State: $63,726
Median home value
$263,800State: $205,600
Median rent
$862/moState: $967
Homeowners
40.8%
Bachelor's degree or higher
40.4%
Average commute
13 min

Is Pikeville a good place to live?

Pros: An average commute of 13 minutes; unemployment of 3.2%.

Cons: Median household income 37% lower than the Kentucky median; home values 28% higher than the state median; a poverty rate of 27.1%.

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

Cost of living in Pikeville

Housing is the biggest part of the cost of living. In Pikeville the median home value is $263,800, 21% lower than the U.S. median. Renters pay a median of $862 per month, which is 31.4% of household income. Homeowners with a mortgage pay $2,054 a month in housing costs.

Median home value

Pikeville$263,800
Kentucky$205,600
United States$332,700

Median monthly rent

Pikeville$862
Kentucky$967
United States$1,413

Pikeville median household income

The median household income in Pikeville is $39,955 and the income per person is $33,301. 27.1% of residents live below the poverty line (Kentucky: 16.1%).

Median household income

Pikeville$39,955
Kentucky$63,726
United States$80,734

Housing in Pikeville: homes for sale and rent

Housing units
3,623
Owner-occupied
40.8%
Renter-occupied
59.2%
Vacant
8.3%Includes seasonal homes
Median year built
1983
Average household size
1.99

Pikeville demographics

Population
7,490
Median age
40.4
Under 18
15.1%
65 and older
17.1%
Households
3,323
Foreign-born
4.6%
Veterans
3.9%Adults 18+

Race and ethnicity

White89.7%
Hispanic or Latino1.9%
Black3.6%
Asian2.4%

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

Education in Pikeville

40.4% of adults 25 and older in Pikeville have a bachelor's degree or higher (Kentucky: 27.6%), and 19.6% have a graduate or professional degree.

Bachelor's degree or higher

Pikeville40.4%
Kentucky27.6%
United States35.7%

Jobs and commute in Pikeville

Unemployment rate
3.2%State: 4.9%
Average commute
13 minState: 24 min
Work from home
10.1%
Drive alone
63.1%
Public transit
0.1%
Walk to work
8.1%
Homes with broadband
90.4%

Pikeville vs nearby towns

TownPopulationMedian incomeHome valueRent
Pikeville7,490$39,955$263,800$862
Coal Run Village1,724$52,750$132,400$893
Betsy Layne557$31,838—$1,100
McDowell718$14,474$73,100$255
Martin494$30,682—$358
Allen157$36,250$77,500$941
Elkhorn City846$44,000$116,700$605
Wayland316$28,333$40,500$633
Breaks208$125,938$46,100—

More for people moving to Pikeville

Pikeville ZIP code ›Weather and climate ›

Living in Pikeville: FAQ

What is the median household income in Pikeville, KY?

The median household income in Pikeville is $39,955, 37% 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 Pikeville?

The median home value in Pikeville is $263,800, compared with $205,600 in Kentucky.

How much is rent in Pikeville?

The median gross rent in Pikeville is $862 per month, about 31.4% of household income.

Is Pikeville, KY a good place to live?

Pluses: an average commute of 13 minutes; unemployment of 3.2%. Minuses: median household income 37% lower than the Kentucky median; home values 28% higher than the state median; a poverty rate of 27.1%.

What is the median age in Pikeville?

The median age in Pikeville is 40.4 years (Kentucky: 39.1).

How long is the commute in Pikeville?

The average commute to work in Pikeville is 13 minutes; 10.1% of workers work from home.

What is the unemployment rate in Pikeville?

The unemployment rate in Pikeville is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Pikeville?

40.4% of adults in Pikeville 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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