Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 34.1 yrs |
|---|---|
| Avg HH Size | 2.50 |
| Below Poverty | 38.5% ▲ 285% above avg |
| College Grads | 24.4% ▼ 37% below avg |
| HS Graduate | 113 (53.1%) |
| Some College | 31 (14.6%) |
| Associates | 17 (8%) |
| Bachelors | 18 (8.5%) |
| Graduate Degree | 34 (16%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $26,780 ▼ 65% below avg |
|---|---|
| Median Home Value | $69,800 ▼ 75% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Total Housing Units | 190 |
| Vacant Units | 9 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Cannel City is a city in Kentucky, located in Morgan County. The city spans 1 ZIP code and is home to approximately 452 residents. It is a relatively young city, with a median age of 34.1 years.
Economically, Cannel City is a lower-income community. The median household income of $26,780 is well below the national average. Approximately 38.5% of residents live below the poverty line.
The real estate market in Cannel City is one of the more affordable housing markets in the country. Median home values stand at $69,800, which is well below the national average. Homeownership is high at 80.1%, typical of suburban and family-oriented communities.
The population of Cannel City is less-educated. 24.4% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (100%).
Cannel City, KY offers residents a cost-conscious lifestyle within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 41408 | 452 | $26,780 | $69,800 | — | 0.0% | 24.4% | 80.1% |