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Kentucky · Census place 22348

Drakesboro city, KY

Quick answer

Drakesboro city has 586 residents, ranking #331 of 554 places in Kentucky. Median household income is $41,500, the median home is worth $76,900 and median gross rent runs $931 a month.

Population
586Drakesboro city residents
Median household income
$41,500Past 12 months, inflation adjusted
Median home value
$76,900Owner-occupied units
Median gross rent
$931Rent plus utilities, monthly
Median age
42.2 yrsAll residents
Homeownership rate
87.9%Owner-occupied households

What the numbers mean in Drakesboro city

Housing cost measured against local earnings.

A household earning the Drakesboro city median would spend about 26.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 37.2% of residents and 87.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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