Phelps, KY population, income and ZIP codes

Phelps CDP is a very small community in Kentucky, with 387 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #387 of 554 ranked by population — larger than 30% of them. The median age here is 55.6 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Phelps CDP earn a median of $28,542 a year, 63.7% below the national figure of $78,538 and 49% below the $55,469 median for the 246 Kentucky cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 17.3% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Phelps CDP is valued at $111,600, 63.2% below the national figure and 29% below the $157,200 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 3.9×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 76.3% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

A median age of 55.6 puts Phelps CDP well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages. With 387 residents, a handful of survey responses moves every median on this page. Compare Phelps CDP against its county rather than against national figures.

The Census withheld gross rent for Phelps CDP because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.