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Elk Creek, KY

Full City Profile · Kentucky · Spencer County County

3.7 /5.0
B+ Good
2,344 Population 405/sq mi density
$127,487 Median Income $51,648 per capita
$358,600 Home Value $365,739 Zillow
56°F Avg Temperature 290 sunny days/yr
251 Violent Crime/100K 2,760 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$127,487 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$358,600 home value, /mo rent
F
Safety
1.0 / 5.0
251 violent crimes/100K
A
Education
4.1 / 5.0
38.8% bachelor's degree or higher

Income Overview

Median Household Income
$127,487
70% above
US avg: $75,149
Per Capita Income
$51,648
32% above
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
2.1%
83% below
US avg: 12.4%

Income Comparison: Elk Creek vs. U.S. Average

Each bar shows Elk Creek’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$127,487
170%
Per Capita
US: $39,052
$51,648
132%
IRS Avg AGI
US: $72,000
$81,055
113%
Avg Weekly Wage
US: $1,432
$885
62%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$885
38% below US avg ($1,432)
Mean Commute Time
31 min
13% above US avg (28 min)
Work From Home
12.1%
20% below US avg (15.2%)
Drive Alone
81.3%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$445M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 81.3%
Public Transit 0%
Work From Home 12.1%
Other 6.6%
Average commute time
31 minutes
US avg: 28 min

Business Landscape

Total Establishments
440
Restaurants
15
Healthcare
19
Retail
28
Manufacturing
6

Tax & Financial

IRS Avg Adjusted Gross Income
$81,055
13% above US avg ($72,000)
Avg Property Tax
$3,340
5% below US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$127,487
Per Capita Income$51,648
IRS Avg Adjusted Gross Income$81,055
Avg Weekly Wage$885
County GDP$445M

Hardship Indicators

Unemployment Rate3.1%
Poverty Rate2.1%
Gini Coefficient0.382
Cost of Living Index90.2

Commute

Mean Commute31 minutes
Drive Alone81.3%
Public Transit0.0%
Work From Home12.1%

Businesses

Total Establishments440
Restaurants15
Healthcare19
Retail28
Manufacturing6

Tax

IRS Avg AGI$81,055
Avg Property Tax$3,340