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

Is Versailles, Kentucky a good place to live?
Versailles is a city in Kentucky state in USA with a population of 9251 residents.. The poverty rate of Versailles is 15.9%, which is 14% higher than national average. The typical household in Versailles earns $46922 a year, compared to the national median of $67,500. Nearly 52.3% 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 Versailles, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Versailles remained 3.9%, which is 17% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Versailles, only 29% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Versailles is 91, which is 9% lower than national average. Median home value in Versailles is $175200 , which is 24% lower than national average. While median income in Versailles remained $46922, which is 30% lower than national average.
Population
9251
Unemployment
3.9%
17% NAT AVG.
Poverty
15.9%
14% NAT AVG.
Overall Score
6
Median Home Cost
$175200
24% NAT AVG.
Median Income
$46922
30% NAT AVG.
Median Rent
$752
35% NAT AVG.
Cost Of Living
91
9% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 26
People Earning < $10,000
1 in 14
People Earning < $50,000
52.3%
People with <= High School
1 in 2.2
People With Any Degree
1 in 2.9
Pros & Cons Overview

Jobs70%

Housing60%

Affordability60%

Safety80%

Amenities85%

Diversity80%

Education70%

Commute90%