Drakesboro, KY

Full City Profile · Kentucky · Muhlenberg County County

3.0 /5.0
B Good
586 Population 1,065/sq mi density
$41,500 Median Income $18,661 per capita
$76,900 Home Value $89,597 Zillow
$931 Median Rent 51.0% income on rent
56°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$41,500 median income, 4.3% unemployment
A+
Affordability
5.0 / 5.0
$76,900 home value, $931/mo rent
F
Education
1.3 / 5.0
4.2% bachelor's degree or higher

Drakesboro, KY

At a Glance

Median Income
$41,500
45% below
$18,661 per capita
Home Value
$76,900
73% below
Zillow: $89,597
Median Rent
$931/mo
20% below
51.0% of income on rent
Bachelor's Degree+
4.2%
88% below
81.4% high school+
Unemployment
4.3%
19% above
22.8% poverty rate
Obesity Rate
34.5%
7% above
Avg Temperature
56°F

How Drakesboro Compares to the U.S. Average

Each bar shows Drakesboro's value as a percentage of the national average (100% = U.S. avg)

Income
55%
Home Value
27%
Rent
80%
Poverty
184%
Bachelor's
12%
Unemployment
119%
Thin vertical line = U.S. national average (100%)

Is Drakesboro a Good Place to Live?

B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Drakesboro residents earn a median household income of $41,500 , which is 45% below the national average of $75,149. Per capita income is $18,661. The unemployment rate stands at 4.3% (19% above the U.S. rate of 3.6%). 22.8% of residents live below the poverty line. The area is home to 747 business establishments, including 58 restaurants.

Housing & Cost of Living

The median home value in Drakesboro is $76,900 , 73% below the national median of $281,900. Zillow estimates the typical home at $89,597. Median rent is $931/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1972.

Education

4.2% of adults in Drakesboro hold a bachelor's degree or higher (88% below the national average). 81.4% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Drakesboro has an average annual temperature of 56°F (13°C). Winters average 34°F in January while summers reach 77°F in July. Annual precipitation totals 48.9 inches.

Data Overview

People

Population586
Median Age42.2 yrs
Density1,065/mi²
Male / Female45% / 55%
Foreign Born0.9%
Veterans4.7%

Economy

C+
Median Income$41,500
Per Capita$18,661
Unemployment4.3%
Poverty22.8%
County GDP$1,544M
Avg Weekly Wage$1,050

Housing

A+
Home Value$76,900
Rent$931
Ownership87.9%
Zillow$89,597
Housing Units209
Rent Burden51.0%

Health

Obesity34.5%
Premature Death12,123/100K

Climate

Avg Temp56°F
Rain48.9 in/yr
Elevation445 ft

Education

F
Bachelor's+4.2%
High School+81.4%
Graduate+0.0%
School Score5.9/10

Community

2024 VoteR 77% / D 22%
Commute24 min
Broadband85.2%
Internet Speed37 Mbps
EV Stations1
Libraries2

Did You Know?

Drakesboro was founded in 1888.
The median home in Drakesboro was built in 1972.
The nearest airport is Owensboro/Daviess County Regional (37 miles).
The Gini coefficient (income inequality) is 0.506 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
30.7% of the population has a disability.
The county recorded 10 fatal vehicle crashes.