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Drakesboro, Kentucky

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
320
Population
$34,375
Median Income
$75,500
Home Value
38.0
Median Age

Demographics

Drakesboro has a population of 320 with a median age of 38.0. Here is the racial and ethnic breakdown of the population:

White
80.3%
Hispanic
15.6%
Black
3.1%
Other
1.0%
Demographic Value
Total Population320
Median Age38.0
White80.3%
Black or African American3.1%
Hispanic or Latino15.6%
Other / Two or More Races1.0%
Drakesboro, Kentucky — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 80.3%Hispanic/Latino: 15.6%Black: 3.1%Other: 1.0%320PopulationWhiteWhite80.3%Hispanic/LatinoHispanic/Latino15.6%BlackBlack3.1%OtherOther1.0%

Income & Economy

The median household income in Drakesboro is $34,375, which is 57.4% below the national median of $80,610. The per capita income is $15,867. The poverty rate is 46.6%.

$34,375
Median Household Income
$15,867
Per Capita Income
46.6%
Poverty Rate

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Education

In Drakesboro, 70.9% of residents age 25+ have a high school diploma or higher, and 5.3% hold a bachelor's degree or higher (1.9% with a graduate or professional degree).

HS Diploma+
70.9%
Bachelor's+
5.3%
Graduate+
1.9%
Education Level % of Adults (25+)
High School Diploma or Higher70.9%
Bachelor's Degree or Higher5.3%
Graduate or Professional Degree1.9%

Housing

The median home value in Drakesboro is $75,500, below the national median of $303,400. The median monthly rent is $964. The homeownership rate is 83.2%.

$75,500
Median Home Value
$964/mo
Median Rent
83.2%
Homeownership Rate
Housing Metric Value
Median Home Value$75,500
Median Monthly Rent$964
Homeownership Rate83.2%
Vacancy Rate23.1%

Salaries in Kentucky

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Frequently Asked Questions

What is the population of Drakesboro, Kentucky?
The population of Drakesboro, Kentucky is 320 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Drakesboro, Kentucky?
The median household income in Drakesboro, Kentucky is $34,375. This is 57.4% below the national median of $80,610.
What is the median home value in Drakesboro, Kentucky?
The median home value in Drakesboro, Kentucky is $75,500. The median monthly rent is $964.
What percentage of people in Drakesboro have a college degree?
In Drakesboro, Kentucky, 5.3% of adults age 25 and older hold a bachelor's degree or higher, and 70.9% have a high school diploma or higher.
Is Drakesboro, Kentucky an affordable place to live?
The home price-to-income ratio in Drakesboro, Kentucky is 2.2x (median home value $75,500 vs. median income $34,375), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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