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

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Versailles, Kentucky

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

Versailles is a home rule-class city in Woodford County, Kentucky, United States. It lies 13 miles (21 kilometers) by road west of Lexington and is part of the Lexington-Fayette Metropolitan Statistical Area. Versailles has a population of 10,534 according to 2024 census estimates. It is the county seat of Woodford County. The city's name is pronounced vər-SAYLZ, an anglicization different from the French pronunciation of the royal city of the same name near Paris.

DEMOGRAPHICS

Population
9251
Unemployment
3.9%
17% NAT AVG.
Poverty
15.9%
14% NAT AVG.
Cost Of Living
91
9% NAT AVG.

ECONOMICS

Median Home Cost
$175200
24% NAT AVG.
Median Income
$46922
30% NAT AVG.
Median Rent
$752
35% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
366
42% NAT. AVG.
33% STATE AVG.
Violent Crime
28
73% NAT. AVG.
60% STATE AVG.
Property Crime
338
36% NAT. AVG.
29% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 26
People Earning < $10,000
1 in 14
People Earning < $50,000
52.3%
People With Any Degree
1 in 2.9

ETHNICITY

Ethnicity Versailles USA
White 75% 60.1%
African American 6.3% 12.2%
American Indian 0% 0.6%
Asian 0.9% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.4% 2.8%
Hispanic 13.1% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Versailles USA
Less than $10,000 7% 5.8%
$10,000 to $14,999 4.2% 4.1%
$15,000 to $24,999 12.3% 8.5%
$25,000 to $34,999 14.1% 8.6%
$35,000 to $49,999 14.7% 12.0%
$50,000 to $74,999 13.4% 17.2%
$75,000 to $99,999 10.7% 12.8%
$100,000 to $149,999 14.7% 15.6%
$150,000 to $199,999 7.1% 7.1%

EDUCATION

Education Versailles USA
< 9th Grade 6% 5.0%
9-12th Grade 7% 7.0%
High School or GED 32% 27.0%
Other College 20% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 19% 20.0%
Master's Degree 9% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
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. The unemployment rate of Versailles remained 3.9%, which is 17% lower than national rate.

Cost of living in Versailles is 91, which is 9% lower than national average. In Versailles, only 29% of adults have a bachelor's degree and 26% have some college but no degree. 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.
Versailles Scorecard

Jobs70%

Housing60%

Affordability60%

Safety80%

Amenities85%

Diversity80%

Education70%

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