Wheelwright, KY
Full City Profile · Kentucky · Knott County County
Wheelwright, KY
At a Glance
How Wheelwright Compares to the U.S. Average
Each bar shows Wheelwright's value as a percentage of the national average (100% = U.S. avg)
Is Wheelwright a Good Place to Live?
Economy & Jobs
Wheelwright residents earn a median household income of $58,250 , which is 22% below the national average of $75,149. Per capita income is $15,961. The unemployment rate stands at 12.6% (250% above the U.S. rate of 3.6%). 34.0% of residents live below the poverty line. The area is home to 312 business establishments, including 8 restaurants.
Housing & Cost of Living
The median home value in Wheelwright is $85,700 , 70% below the national median of $281,900. Zillow estimates the typical home at $49,072. Median rent is $538/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 1947.
Education
10.7% of adults in Wheelwright hold a bachelor's degree or higher (68% below the national average). 73.3% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Wheelwright has an average annual temperature of 54°F (12°C). Winters average 34°F in January while summers reach 73°F in July. Annual precipitation totals 47.6 inches.