Pros and Cons of Living In Mount Sterling, Kentucky. Is Mount Sterling, KY a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

Mount Sterling, Kentucky

Moving to Mount Sterling In Kentucky ? Is Mount Sterling, KY a Nice Place To Live? Pros and Cons of Living in Mount Sterling, Kentucky. Find out the best and worst about to live, raise a family or retire in Mount Sterling.

DEMOGRAPHICS

Population
7190
Unemployment
9%
91% NAT AVG.
Poverty
24.2%
73% NAT AVG.
Cost Of Living
88
12% NAT AVG.

ECONOMICS

Median Home Cost
$140500
39% NAT AVG.
Median Income
$41474
39% NAT AVG.
Median Rent
$566
51% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
388
128% NAT. AVG.
162% STATE AVG.
Violent Crime
12
57% NAT. AVG.
36% STATE AVG.
Property Crime
376
164% NAT. AVG.
191% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 11
People Earning < $10,000
1 in 8
People Earning < $50,000
56.4%
People With Any Degree
1 in 4.5

ETHNICITY

Ethnicity Mount Sterling USA
White 90.4% 60.1%
African American 5.5% 12.2%
American Indian 0% 0.6%
Asian 0.2% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.3% 2.8%
Hispanic 2.5% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Mount Sterling USA
Less than $10,000 12.3% 5.8%
$10,000 to $14,999 9.8% 4.1%
$15,000 to $24,999 15.3% 8.5%
$25,000 to $34,999 5.8% 8.6%
$35,000 to $49,999 13.2% 12.0%
$50,000 to $74,999 20.9% 17.2%
$75,000 to $99,999 12% 12.8%
$100,000 to $149,999 9.3% 15.6%
$150,000 to $199,999 0.8% 7.1%

EDUCATION

Education Mount Sterling USA
< 9th Grade 3% 5.0%
9-12th Grade 10% 7.0%
High School or GED 40% 27.0%
Other College 25% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 10% 20.0%
Master's Degree 5% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Mount Sterling is a city in Kentucky state in USA with a population of 7190 residents.. The poverty rate of Mount Sterling is 24.2%, which is 73% higher than national average. The typical household in Mount Sterling earns $41474 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Mount Sterling remained 9%, which is 91% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Mount Sterling is 88, which is 12% lower than national average. In Mount Sterling, only 17% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Mount Sterling is $140500 , which is 39% lower than national average. While median income in Mount Sterling remained $41474, which is 39% lower than national average.
Mount Sterling Scorecard

Jobs40%

Housing50%

Affordability80%

Safety50%

Amenities80%

Diversity50%

Education60%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS