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Phelps, KY

Full City Profile · Kentucky · Pike County County

2.3 /5.0
C Fair
387 Population 48/sq mi density
$28,542 Median Income $13,468 per capita
$111,600 Home Value $67,506 Zillow
58°F Avg Temperature 305 sunny days/yr
130 Violent Crime/100K 8,309 property/100K
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$28,542 median income, 19.1% unemployment
A
Affordability
4.5 / 5.0
$111,600 home value, /mo rent
F
Safety
1.0 / 5.0
130 violent crimes/100K
D
Education
1.5 / 5.0
6.7% bachelor's degree or higher

Housing Overview

Median Home Value
$111,600
60% below
US avg: $281,900
Homeownership Rate
76.3%
17% above US avg (65.4%)
Total Housing Units
178
Median year built: 2000

Home Value by Source

Census Median
$111,600
Zillow (ZHVI)
$67,506
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.3%
Owner-Occupied
23.7%
Renter-Occupied
76%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo

Affordability & Housing Stock

Rent Burden
31.8%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
76.3%

Complete Housing Data

Home Values

Census Median Value$111,600
Zillow Home Value (ZHVI)$67,506

Rent

FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Ownership & Stock

Owner-Occupied76.3%
Renter-Occupied23.7%
Homeownership Rate76.3%
Total Housing Units178
Median Year Built2000
Rent Burden31.8%