Is Flatwoods, Kentucky a Good Place To Live? - Living In Flatwoods, KY

Is Flatwoods, Kentucky a good place to live?
Flatwoods is a city in Kentucky state in USA with a population of 7143 residents.. The poverty rate of Flatwoods is 15.7%, which is 12% higher than national average. The typical household in Flatwoods earns $52773 a year, compared to the national median of $67,500. Nearly 46.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Flatwoods, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Flatwoods remained 3.8%, which is 19% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Flatwoods, only 15% of adults have a bachelor's degree and 41% have some college but no degree.

Cost of living in Flatwoods is 82, which is 18% lower than national average. Median home value in Flatwoods is $96500 , which is 58% lower than national average. While median income in Flatwoods remained $52773, which is 22% lower than national average.
Population
7143
Unemployment
3.8%
19% NAT AVG.
Poverty
15.7%
12% NAT AVG.
Overall Score
8
Median Home Cost
$96500
58% NAT AVG.
Median Income
$52773
22% NAT AVG.
Median Rent
$861
26% NAT AVG.
Cost Of Living
82
18% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 26
People Earning < $10,000
1 in 23
People Earning < $50,000
46.5%
People with <= High School
1 in 2.3
People With Any Degree
1 in 3.3
Pros & Cons Overview

Jobs80%

Housing60%

Affordability85%

Safety90%

Amenities85%

Diversity40%

Education60%

Commute85%