Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 31.8 yrs |
|---|---|
| Avg HH Size | 3.20 |
| Below Poverty | 30.6% ▲ 206% above avg |
| College Grads | 28.6% ▼ 26% below avg |
| Unemployment | 7.8% ▲ 59% above avg |
| No HS Diploma | 52 (13.2%) |
| HS Graduate | 115 (29.1%) |
| Some College | 70 (17.7%) |
| Associates | 45 (11.4%) |
| Bachelors | 35 (8.9%) |
| Graduate Degree | 78 (19.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $45,735 ▼ 40% below avg |
|---|---|
| Median Home Value | $130,700 ▼ 53% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $682/mo |
| Total Housing Units | 338 |
| Vacant Units | 22 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Cannon is a city in Kentucky, located in Knox County. The city spans 1 ZIP code and is home to approximately 1,012 residents. It is a relatively young city, with a median age of 31.8 years.
Economically, Cannon is a working-class community. The median household income of $45,735 is below the national average. Approximately 30.6% of residents live below the poverty line. The unemployment rate is 7.8%, significantly above the national average.
The real estate market in Cannon is one of the more affordable housing markets in the country. Median home values stand at $130,700, which is well below the national average. Renters typically pay around $682 per month. Homeownership is high at 69.6%, typical of suburban and family-oriented communities.
The population of Cannon is moderately educated. 28.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (97.73%).
Cannon, KY offers residents a cost-conscious lifestyle within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 40923 | 1,012 | $45,735 | $130,700 | $682 | 7.8% | 28.6% | 69.6% |