Living in Russell Springs, Kentucky
Cost of living, income, home prices, rent and demographics of Russell Springs · Census data 2020–2024
Russell Springs has 2,773 residents with a median age of 45.9. The median household income is $38,697 (39% lower than the Kentucky median), the median home value is $170,300, the median rent is $745/month.
Russell Springs at a glance
- Population
- 2,773
- Median age
- 45.9State: 39.1
- Median household income
- $38,697State: $63,726
- Median home value
- $170,300State: $205,600
- Median rent
- $745/moState: $967
- Homeowners
- 48.5%
- Bachelor's degree or higher
- 28.1%
- Average commute
- 15 min
Is Russell Springs a good place to live?
Pros: Home values 17% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 39% lower than the Kentucky median; unemployment of 12.4%; a poverty rate of 28.3%.
The weather is best in May–June and August–September.
Cost of living in Russell Springs
Housing is the biggest part of the cost of living. In Russell Springs the median home value is $170,300, 49% lower than the U.S. median. Renters pay a median of $745 per month, which is 25.5% of household income. Homeowners with a mortgage pay $1,310 a month in housing costs.
Russell Springs median household income
The median household income in Russell Springs is $38,697 and the income per person is $28,376. 28.3% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Russell Springs: homes for sale and rent
- Housing units
- 1,493
- Owner-occupied
- 48.5%
- Renter-occupied
- 51.5%
- Vacant
- 9.8%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.00
Russell Springs demographics
- Population
- 2,773
- Median age
- 45.9
- Under 18
- 17.5%
- 65 and older
- 23.6%
- Households
- 1,346
- Foreign-born
- 0.6%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Russell Springs ›
Education in Russell Springs
28.1% of adults 25 and older in Russell Springs have a bachelor's degree or higher (Kentucky: 27.6%), and 15.2% have a graduate or professional degree.
Jobs and commute in Russell Springs
- Unemployment rate
- 12.4%State: 4.9%
- Average commute
- 15 minState: 24 min
- Work from home
- 5.7%
- Drive alone
- 87.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 79.6%
Russell Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Russell Springs | 2,773 | $38,697 | $170,300 | $745 |
| Jamestown | 1,739 | $20,541 | $121,800 | $504 |
| Columbia | 4,808 | $47,299 | $143,600 | $757 |
| Monticello | 5,753 | $44,952 | $132,400 | $779 |
| Liberty | 1,672 | $28,704 | $122,300 | $617 |
| Burkesville | 1,454 | $34,444 | $117,300 | $508 |
| Burnside | 755 | $58,750 | $167,300 | $926 |
| Albany | 1,896 | $44,007 | $111,100 | $480 |
| Campbellsville | 11,622 | $49,644 | $164,600 | $685 |
More for people moving to Russell Springs
Russell Springs ZIP code ›Weather and climate ›Living in Russell Springs: FAQ
What is the median household income in Russell Springs, KY?
The median household income in Russell Springs is $38,697, 39% 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 Russell Springs?
The median home value in Russell Springs is $170,300, compared with $205,600 in Kentucky.
How much is rent in Russell Springs?
The median gross rent in Russell Springs is $745 per month, about 25.5% of household income.
Is Russell Springs, KY a good place to live?
Pluses: home values 17% lower than the state median; an average commute of 15 minutes. Minuses: median household income 39% lower than the Kentucky median; unemployment of 12.4%; a poverty rate of 28.3%.
What is the median age in Russell Springs?
The median age in Russell Springs is 45.9 years (Kentucky: 39.1).
How long is the commute in Russell Springs?
The average commute to work in Russell Springs is 15 minutes; 5.7% of workers work from home.
What is the unemployment rate in Russell Springs?
The unemployment rate in Russell Springs is 12.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Russell Springs?
28.1% of adults in Russell Springs 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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