Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.0 yrs |
|---|---|
| Avg HH Size | 2.98 |
| Below Poverty | 21.2% ▲ 112% above avg |
| College Grads | 19.6% ▼ 50% below avg |
| Unemployment | 3.7% ▼ 24% below avg |
| No HS Diploma | 10 (0.5%) |
| HS Graduate | 753 (35.5%) |
| Some College | 620 (29.2%) |
| Associates | 324 (15.3%) |
| Bachelors | 145 (6.8%) |
| Graduate Degree | 270 (12.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $60,824 ▼ 20% below avg |
|---|---|
| Median Home Value | $124,200 ▼ 55% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $773/mo |
| Total Housing Units | 1,358 |
| Vacant Units | 31 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lily is a city in Kentucky, located in Laurel County. The city spans 1 ZIP code and is home to approximately 3,954 residents. It is a middle-aged city, with a median age of 40 years.
Economically, Lily is a solidly middle-class community. The median household income of $60,824 is below the national average. Approximately 21.2% of residents live below the poverty line. The unemployment rate is 3.7%, below the national average.
The real estate market in Lily is one of the more affordable housing markets in the country. Median home values stand at $124,200, which is well below the national average. Renters typically pay around $773 per month. Homeownership is high at 63.6%, typical of suburban and family-oriented communities.
The population of Lily is less-educated. 19.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (93.8%).
Lily, KY offers residents a cost-conscious lifestyle within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 40740 | 3,954 | $60,824 | $124,200 | $773 | 3.7% | 19.6% | 63.6% |