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Flatwoods, KY
Full City Profile · Kentucky · Boyd County County
3.0
/5.0
B
Good
7,281
Population
2,045/sq mi density
$60,467
Median Income
$27,803 per capita
$112,200
Home Value
$139,489 Zillow
$923
Median Rent
26.3% income on rent
55°F
Avg Temperature
293 sunny days/yr
14
Violent Crime/100K
369 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$60,467 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$112,200 home value, $923/mo rent
F
Safety
1.1 / 5.0
14 violent crimes/100K
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher
Income Overview
Median Household Income
$60,467
20% below
US avg: $75,149
Per Capita Income
$27,803
29% below
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
16.0%
29% above
US avg: 12.4%
Income Comparison: Flatwoods vs. U.S. Average
Each bar shows Flatwoods’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$60,467
80%
Per Capita
US: $39,052
$27,803
71%
IRS Avg AGI
US: $72,000
$63,553
88%
Avg Weekly Wage
US: $1,432
$1,139
80%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,139
20% below US avg ($1,432)
Mean Commute Time
21 min
22% below US avg (28 min)
Work From Home
6.3%
59% below US avg (15.2%)
Drive Alone
78.1%
7% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,758M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
78.1%
Public Transit
0%
Work From Home
6.3%
Other
15.6%
Average commute time
21 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,796
Restaurants
131
Healthcare
156
Retail
223
Manufacturing
38
Tax & Financial
IRS Avg Adjusted Gross Income
$63,553
12% below US avg ($72,000)
Avg Property Tax
$3,902
11% above US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $60,467 |
| Per Capita Income | $27,803 |
| IRS Avg Adjusted Gross Income | $63,553 |
| Avg Weekly Wage | $1,139 |
| County GDP | $3,758M |
Hardship Indicators
| Unemployment Rate | 3.1% |
| Poverty Rate | 16.0% |
| Gini Coefficient | 0.463 |
| Cost of Living Index | 90.2 |
Commute
| Mean Commute | 21 minutes |
| Drive Alone | 78.1% |
| Public Transit | 0.0% |
| Work From Home | 6.3% |
Businesses
| Total Establishments | 1,796 |
| Restaurants | 131 |
| Healthcare | 156 |
| Retail | 223 |
| Manufacturing | 38 |
Tax
| IRS Avg AGI | $63,553 |
| Avg Property Tax | $3,902 |