City

Premium, KY

1 ZIP code  ·  Letcher County  ·  Kentucky

👥251Population
💰$27,903Median HH Income▼ 63% below avg
🎂57.5Median Age
🎓45.8%College Grads▲ 18% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 23.1% Female 76.9% ♀

Race & Ethnicity

White: 100%Race
White100.0%

Age Breakdown

5–17
33%
45–64
50%
65+
17%

Key Indicators

Median Age57.5 yrs
Avg HH Size1.96
Below Poverty84.1% ▲ 741% above avg
College Grads45.8% ▲ 18% above avg
No HS Diploma14 (14.6%)
HS Graduate23 (24%)
Some College13 (13.5%)
Associates2 (2.1%)
Bachelors5 (5.2%)
Graduate Degree39 (40.6%)

Education

No HS: 14.6%HS Grad: 24%Some College: 13.5%Associates: 2.1%Bachelors: 5.2%Graduate: 40.6%Edu
No HS14.6%
HS Grad24.0%
Some College13.5%
Associates2.1%
Bachelors5.2%
Graduate40.6%
Housing & Income

Housing Tenure

Owner: 89.1%Renter: 10.9%Tenure
Owner89.1%
Renter10.9%

Home Value Distribution

Under $50k
30%
$50k–$100k
36%
$100k–$150k
4%
$150k–$200k
11%
$200k–$300k
8%
$300k–$500k
11%

Financials

Median HH Income$27,903 ▼ 63% below avg
Total Housing Units186
Vacant Units58

Income Distribution

Under $25k
64%
$25k–$50k
34%
$75k–$100k
2%
Employment & Commute

How People Get to Work

Drove Alone
37%
Work From Home
63%

Commute Time

Under 15 min
100%
Housing Stock

Year Built

1940s–1950s
1%
1960s–1970s
14%
1980s–1990s
25%
2000+
60%
About Premium, KY

Premium is a city in Kentucky, located in Letcher County. The city spans 1 ZIP code and is home to approximately 251 residents. It is an older city, with a median age of 57.5 years.

Economically, Premium is a lower-income community. The median household income of $27,903 is well below the national average. Approximately 84.1% of residents live below the poverty line.

The population of Premium is well-educated. 45.8% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (100%).

Premium, KY offers residents a cost-conscious lifestyle within Kentucky.

ZIP Codes in Premium
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
41845 251 $27,903 0.0% 45.8% 89.1%