Fordsville, KY Profile: Facts & Data

The City of Fordsville had a population of 454 as of July 1, 2023. Fordsville ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Kentucky. See peer rankings below.

The primary coordinate point for Fordsville is located at latitude 37.6362 and longitude -86.7175 in Ohio County. The formal boundaries for the City of Fordsville encompass a land area of 0.45 sq. miles and a water area of 0 sq. miles. Ohio County is in the Central time zone (GMT -6).

The City of Fordsville has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Kentucky is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Fordsville is located within Fordsville Division of Ohio County.

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

POPULATION
Total Population	454 (100%)
Population in Households	408 (89.9%)
Population in Families	296 (65.2%)
Population in Group Quarters¹	46 (10.1%)
Population Density	1,013
Diversity Index²	9


INCOME
Median Household Income	$50,000
Average Household Income	$59,534
% of Income for Mortgage⁴	12%
Per Capita Income	$25,651
Wealth Index⁵	38
Socioeconomic Status Index⁶	Low (43.5)

HOUSING
Total HU (Housing Units)	214 (100%)
Owner Occupied HU	139 (65.0%)
Renter Occupied HU	55 (25.7%)
Vacant Housing Units	20 ( 9.3%)
Median Home Value	$102,500
Average Home Value	$248,381
Housing Affordability Index³	208

HOUSEHOLDS
Total Households	194
Average Household Size	2.10
Family Households	104
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.

Fordsville, KY - Peer Comparisons by Rank and Percentile

The table below compares Fordsville 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	0.55%	-0.22%
Households	0.64%	-0.21%
Families		-0.19%
Median Household Income		0.57%
Per Capita Income		2.04%
Owner Occupied HU		1.26%

Variable Description	Rank	Percentile
Total Population	# 360	35th
Population Density	# 230	59th
Median Household Income	# 332	41st
Housing Affordability Index	# 500	90th
Per Capita Income	# 377	32nd
Diversity Index	# 507	9th

Fordsville, KY Profile: Facts & Data

Fordsville, Kentucky - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fordsville, KY - Peer Comparisons by Rank and Percentile

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