Cannonsburg, KY Profile: Facts & Data

The Cannonsburg Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Kentucky is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Cannonsburg Census Designated Place is located within Cannonsburg Division of Boyd County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Cannonsburg, KY Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	866 (100%)
Population in Households	866 (100.0%)
Population in Families	743 (85.8%)
Population in Group Quarters¹	0
Population Density	497
Diversity Index²	14


INCOME
Median Household Income	$69,784
Average Household Income	$88,245
% of Income for Mortgage⁴	13%
Per Capita Income	$36,582
Wealth Index⁵	78
Socioeconomic Status Index⁶	Moderate (53.9)

HOUSING
Total HU (Housing Units)	396 (100%)
Owner Occupied HU	312 (78.8%)
Renter Occupied HU	47 (11.9%)
Vacant Housing Units	37 ( 9.3%)
Median Home Value	$151,136
Average Home Value	$191,667
Housing Affordability Index³	188

HOUSEHOLDS
Total Households	359
Average Household Size	2.41
Family Households	249
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Cannonsburg, KY - Peer Comparisons by Rank and Percentile

The table below compares Cannonsburg to the other 555 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	0.14%	-0.14%
Households	-0.51%	-0.11%
Families		-0.24%
Median Household Income		0.98%
Per Capita Income		3.16%
Owner Occupied HU		-0.13%

Variable Description	Rank	Percentile
Total Population	# 256	54th
Population Density	# 373	33rd
Median Household Income	# 155	72nd
Housing Affordability Index	# 477	86th
Per Capita Income	# 158	72nd
Diversity Index	# 403	27th

Cannonsburg, KY Profile: Facts & Data

Cannonsburg, Kentucky - Basic Facts

Cannonsburg, KY Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Cannonsburg, KY - Peer Comparisons by Rank and Percentile

Cannonsburg, KY - Most Popular Things to Do

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