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
Compare with nearby places
Places of similar size in Kentucky.
- Kuttawa city 594
- Murray Hill city 589
- Artemus CDP 587
- Chaplin CDP 583
- Green Spring city 581
- Betsy Layne CDP 573
- Strathmoor Village city 557
Keep going
More Kentucky coverage.