Ballard County KY Information

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Ballard County Subdivisions

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  1. Ballard County 2019 Demographic Data
  2. Growth Rates forBallard County (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Kentucky Research Tools (Easy Tools & Current Data)
  3. Kentucky Data Comparison Tool - 2019 Demographics

Ballard County KY Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Ballard County KY Housing Affordability Index is 181
State of Kentucky Housing Affordability Index is 161
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.

WEALTH INDEX

Ballard County KY Wealth Index is 58
State of Kentucky Wealth Index is 73
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Kentucky address.

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POPULATION

Total Population 8,142
Population in Households 8,015
Population in Familes 6,633
Population in Group Qrtrs 127
Population Density 33
Diversity Index1 16
 

INCOME

Median Household Income $45,106
Average Household Income $62,508
Per Capita Income $25,607
Wealth Index3 58

HOUSING

Total Housing Units 3,885 (100%)
Owner Occupied HU 2,499 (64.3%)
Renter Occupied HU 834 (21.5%)
Vacant Housing Units 552 (14.2%)
Median Home Value $124,301
Housing Affordability Index2 181
 

HOUSEHOLDS

Total Households 3,333
Average Household Size 2.4
Family Households 2,290
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.14% -0.37%
Households -0.21% -0.41%
Families -0.38% -0.51%
Median Household Income   2.32%
Per Capita Income   2.44%

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Ballard County KY - Peer Comparisons by Rank and Percentile

The table below compares Ballard County to the other 120 counties and county equivalents in Kentucky by rank and percentile using July 1, 2019 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.

Variable Description Rank Percentile
Total Population # 110 9th
Population Density # 105 13th
Diversity Index # 54 56th
Median Household Income # 42 66th
Per Capita Income # 25 80th

Additional comparisons and rankings can be made with a VERY EASY TO USE Kentucky Census Data Comparison Tool.

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