Nicholasville, Kentucky

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
31,352
Population
$61,832
Median Income
$189,500
Home Value
38.0
Median Age

Demographics

Nicholasville has a population of 31,352 with a median age of 38.0. Here is the racial and ethnic breakdown of the population:

White
88.9%
Black
4.9%
Hispanic
4.2%
Other
1.2%
Asian
0.8%
Demographic Value
Total Population31,352
Median Age38.0
White88.9%
Black or African American4.9%
Asian0.8%
Hispanic or Latino4.2%
Other / Two or More Races1.2%

Income & Economy

The median household income in Nicholasville is $61,832, which is 17.7% below the national median of $75,149. The per capita income is $28,645. The poverty rate is 14.4%.

$61,832
Median Household Income
$28,645
Per Capita Income
14.4%
Poverty Rate

Employment

The unemployment rate in Nicholasville is 5.2%, compared to the national rate of 5.4%.

Education

In Nicholasville, 87.3% of residents age 25+ have a high school diploma or higher, and 22.5% hold a bachelor's degree or higher (7.1% with a graduate or professional degree).

HS Diploma+
87.3%
Bachelor's+
22.5%
Graduate+
7.1%
Education Level % of Adults (25+)
High School Diploma or Higher87.3%
Bachelor's Degree or Higher22.5%
Graduate or Professional Degree7.1%

Housing

The median home value in Nicholasville is $189,500, below the national median of $281,900. The median monthly rent is $980. The homeownership rate is 61.9%.

$189,500
Median Home Value
$980/mo
Median Rent
61.9%
Homeownership Rate
Housing Metric Value
Median Home Value$189,500
Median Monthly Rent$980
Homeownership Rate61.9%
Vacancy Rate5.8%

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Frequently Asked Questions

What is the population of Nicholasville, Kentucky?
The population of Nicholasville, Kentucky is 31,352 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Nicholasville, Kentucky?
The median household income in Nicholasville, Kentucky is $61,832. This is 17.7% below the national median of $75,149.
What is the median home value in Nicholasville, Kentucky?
The median home value in Nicholasville, Kentucky is $189,500. The median monthly rent is $980.
What percentage of people in Nicholasville have a college degree?
In Nicholasville, Kentucky, 22.5% of adults age 25 and older hold a bachelor's degree or higher, and 87.3% have a high school diploma or higher.
Is Nicholasville, Kentucky an affordable place to live?
The home price-to-income ratio in Nicholasville, Kentucky is 3.1x (median home value $189,500 vs. median income $61,832), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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