Living in Salt Lick, Kentucky
Cost of living, income, home prices, rent and demographics of Salt Lick · Census data 2020–2024
Salt Lick has 274 residents with a median age of 44.5. The median household income is $51,146 (20% lower than the Kentucky median), the median home value is $112,500, the median rent is $840/month.
Salt Lick is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Salt Lick at a glance
- Population
- 274
- Median age
- 44.5State: 39.1
- Median household income
- $51,146State: $63,726
- Median home value
- $112,500State: $205,600
- Median rent
- $840/moState: $967
- Homeowners
- 70.3%
- Bachelor's degree or higher
- 12%
- Average commute
- 31 min
Is Salt Lick a good place to live?
Pros: Home values 45% lower than the state median.
Cons: Median household income 20% lower than the Kentucky median; an average commute of 31 minutes; unemployment of 23.7%; a poverty rate of 41.2%.
The weather is best in May–June and August–September.
Cost of living in Salt Lick
Housing is the biggest part of the cost of living. In Salt Lick the median home value is $112,500, 66% lower than the U.S. median. Renters pay a median of $840 per month, which is 23.9% of household income. Homeowners with a mortgage pay $971 a month in housing costs.
Salt Lick median household income
The median household income in Salt Lick is $51,146 and the income per person is $24,922. 41.2% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Salt Lick: homes for sale and rent
- Housing units
- 120
- Owner-occupied
- 70.3%
- Renter-occupied
- 29.7%
- Vacant
- 24.2%Includes seasonal homes
- Median year built
- 1967
- Average household size
- 3.01
Salt Lick demographics
- Population
- 274
- Median age
- 44.5
- Under 18
- 25.9%
- 65 and older
- 16.8%
- Households
- 91
- Foreign-born
- 0%
- Veterans
- 6.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Salt Lick ›
Education in Salt Lick
12% of adults 25 and older in Salt Lick have a bachelor's degree or higher (Kentucky: 27.6%), and 1.1% have a graduate or professional degree.
Jobs and commute in Salt Lick
- Unemployment rate
- 23.7%State: 4.9%
- Average commute
- 31 minState: 24 min
- Work from home
- 11.6%
- Drive alone
- 76.7%
- Public transit
- 0%
- Walk to work
- 7%
- Homes with broadband
- 95.6%
Salt Lick vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Salt Lick | 274 | $51,146 | $112,500 | $840 |
| Lakeview Heights | 332 | $86,250 | $200,000 | — |
| Owingsville | 1,621 | $40,053 | $118,300 | $442 |
| Morehead | 6,870 | $36,741 | $184,900 | $800 |
| Frenchburg | 643 | $26,806 | $131,400 | $268 |
| Jeffersonville | 1,651 | $56,250 | $140,900 | $792 |
| Camargo | 874 | $47,625 | $151,400 | $854 |
| Sharpsburg | 519 | $30,917 | $84,300 | $340 |
| Ezel | 313 | $41,000 | $105,400 | — |
More for people moving to Salt Lick
Salt Lick ZIP code ›Weather and climate ›Living in Salt Lick: FAQ
What is the median household income in Salt Lick, KY?
The median household income in Salt Lick is $51,146, 20% 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 Salt Lick?
The median home value in Salt Lick is $112,500, compared with $205,600 in Kentucky.
How much is rent in Salt Lick?
The median gross rent in Salt Lick is $840 per month, about 23.9% of household income.
Is Salt Lick, KY a good place to live?
Pluses: home values 45% lower than the state median. Minuses: median household income 20% lower than the Kentucky median; an average commute of 31 minutes; unemployment of 23.7%; a poverty rate of 41.2%.
What is the median age in Salt Lick?
The median age in Salt Lick is 44.5 years (Kentucky: 39.1).
How long is the commute in Salt Lick?
The average commute to work in Salt Lick is 31 minutes; 11.6% of workers work from home.
What is the unemployment rate in Salt Lick?
The unemployment rate in Salt Lick is 23.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Salt Lick?
12% of adults in Salt Lick 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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