Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.0 yrs |
|---|---|
| Avg HH Size | 2.77 |
| Below Poverty | 11.2% ▲ 12% above avg |
| College Grads | 20.8% ▼ 46% below avg |
| Unemployment | 21.5% ▲ 340% above avg |
| No HS Diploma | 62 (5.4%) |
| HS Graduate | 552 (48.3%) |
| Some College | 149 (13%) |
| Associates | 141 (12.3%) |
| Bachelors | 9 (0.8%) |
| Graduate Degree | 229 (20.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,250 ▼ 42% below avg |
|---|---|
| Median Home Value | $113,900 ▼ 59% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Total Housing Units | 892 |
| Vacant Units | 90 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Phelps is a city in Kentucky, located in Pike County. The city spans 1 ZIP code and is home to approximately 2,324 residents. It is a middle-aged city, with a median age of 39 years.
Economically, Phelps is a working-class community. The median household income of $44,250 is below the national average. Approximately 11.2% of residents live below the poverty line. The unemployment rate is 21.5%, more than double the national average.
The real estate market in Phelps is one of the more affordable housing markets in the country. Median home values stand at $113,900, which is well below the national average. Homeownership is high at 94.5%, typical of suburban and family-oriented communities.
The population of Phelps is less-educated. 20.8% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (97.93%).
Phelps, KY offers residents a cost-conscious lifestyle within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 41553 | 2,324 | $44,250 | $113,900 | — | 21.5% | 20.8% | 94.5% |