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Providence, 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
2,857
Population
$55,121
Median Income
$60,300
Home Value
39.6
Median Age

Demographics

Providence has a population of 2,857 with a median age of 39.6. Here is the racial and ethnic breakdown of the population:

White
83.1%
Black
14.1%
Other
2.8%
Demographic Value
Total Population2,857
Median Age39.6
White83.1%
Black or African American14.1%
Other / Two or More Races2.8%
Providence, Kentucky — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 83.1%Black: 14.1%Other: 2.8%2,857PopulationWhiteWhite83.1%BlackBlack14.1%OtherOther2.8%

Income & Economy

The median household income in Providence is $55,121, which is 31.6% below the national median of $80,610. The per capita income is $24,223. The poverty rate is 19.9%.

$55,121
Median Household Income
$24,223
Per Capita Income
19.9%
Poverty Rate

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Education

In Providence, 90.5% of residents age 25+ have a high school diploma or higher, and 11.6% hold a bachelor's degree or higher (2.1% with a graduate or professional degree).

HS Diploma+
90.5%
Bachelor's+
11.6%
Graduate+
2.1%
Education Level % of Adults (25+)
High School Diploma or Higher90.5%
Bachelor's Degree or Higher11.6%
Graduate or Professional Degree2.1%

Housing

The median home value in Providence is $60,300, below the national median of $303,400. The median monthly rent is $672. The homeownership rate is 57.9%.

$60,300
Median Home Value
$672/mo
Median Rent
57.9%
Homeownership Rate
Housing Metric Value
Median Home Value$60,300
Median Monthly Rent$672
Homeownership Rate57.9%
Vacancy Rate17.6%

Salaries in Kentucky

Explore salary data for popular occupations in Kentucky:

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Other Cities in Kentucky

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Frequently Asked Questions

What is the population of Providence, Kentucky?
The population of Providence, Kentucky is 2,857 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Providence, Kentucky?
The median household income in Providence, Kentucky is $55,121. This is 31.6% below the national median of $80,610.
What is the median home value in Providence, Kentucky?
The median home value in Providence, Kentucky is $60,300. The median monthly rent is $672.
What percentage of people in Providence have a college degree?
In Providence, Kentucky, 11.6% of adults age 25 and older hold a bachelor's degree or higher, and 90.5% have a high school diploma or higher.
Is Providence, Kentucky an affordable place to live?
The home price-to-income ratio in Providence, Kentucky is 1.1x (median home value $60,300 vs. median income $55,121), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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