Living in Raceland, Kentucky
Cost of living, income, home prices, rent and demographics of Raceland · Census data 2020–2024
Raceland has 2,265 residents with a median age of 46.4. The median household income is $57,222 (10% lower than the Kentucky median), the median home value is $128,400, the median rent is $855/month.
Raceland at a glance
- Population
- 2,265
- Median age
- 46.4State: 39.1
- Median household income
- $57,222State: $63,726
- Median home value
- $128,400State: $205,600
- Median rent
- $855/moState: $967
- Homeowners
- 74.8%
- Bachelor's degree or higher
- 20.7%
- Average commute
- 21 min
Is Raceland a good place to live?
Pros: Home values 38% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 10% lower than the Kentucky median; unemployment of 10.3%; a poverty rate of 23.2%.
The weather is best in May–June and August–September.
Cost of living in Raceland
Housing is the biggest part of the cost of living. In Raceland the median home value is $128,400, 61% lower than the U.S. median. Renters pay a median of $855 per month, which is 34.7% of household income. Homeowners with a mortgage pay $1,108 a month in housing costs.
Raceland median household income
The median household income in Raceland is $57,222 and the income per person is $34,827. 23.2% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Raceland: homes for sale and rent
- Housing units
- 1,198
- Owner-occupied
- 74.8%
- Renter-occupied
- 25.2%
- Vacant
- 7.8%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.05
Raceland demographics
- Population
- 2,265
- Median age
- 46.4
- Under 18
- 23%
- 65 and older
- 22.9%
- Households
- 1,104
- Foreign-born
- 0.1%
- Veterans
- 8.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Raceland ›
Education in Raceland
20.7% of adults 25 and older in Raceland have a bachelor's degree or higher (Kentucky: 27.6%), and 6.6% have a graduate or professional degree.
Jobs and commute in Raceland
- Unemployment rate
- 10.3%State: 4.9%
- Average commute
- 21 minState: 24 min
- Work from home
- 6.8%
- Drive alone
- 85.1%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 90.5%
Raceland vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Raceland | 2,265 | $57,222 | $128,400 | $855 |
| Worthington | 1,759 | $65,609 | $133,200 | $871 |
| Flatwoods | 7,269 | $59,972 | $114,600 | $940 |
| Hanging Rock | 142 | $67,188 | $125,000 | $675 |
| Wurtland | 1,154 | $60,972 | $95,000 | $917 |
| Russell | 3,676 | $76,182 | $211,900 | $743 |
| Ironton | 10,768 | $47,648 | $106,700 | $782 |
| Bellefonte | 1,419 | $117,250 | $282,600 | $1,726 |
| Greenup | 813 | $40,313 | $143,000 | $890 |
More for people moving to Raceland
Raceland ZIP code ›Weather and climate ›Living in Raceland: FAQ
What is the median household income in Raceland, KY?
The median household income in Raceland is $57,222, 10% 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 Raceland?
The median home value in Raceland is $128,400, compared with $205,600 in Kentucky.
How much is rent in Raceland?
The median gross rent in Raceland is $855 per month, about 34.7% of household income.
Is Raceland, KY a good place to live?
Pluses: home values 38% lower than the state median; an average commute of 21 minutes. Minuses: median household income 10% lower than the Kentucky median; unemployment of 10.3%; a poverty rate of 23.2%.
What is the median age in Raceland?
The median age in Raceland is 46.4 years (Kentucky: 39.1).
How long is the commute in Raceland?
The average commute to work in Raceland is 21 minutes; 6.8% of workers work from home.
What is the unemployment rate in Raceland?
The unemployment rate in Raceland is 10.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Raceland?
20.7% of adults in Raceland 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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