Bandana, KY Profile: Facts & Data

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Bandana, Kentucky - Basic Facts

The Bandana Census Designated Place had a population of 214 as of July 1, 2020. Bandana ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Kentucky. See peer rankings below.

The primary coordinate point for Bandana is located at latitude 37.1462 and longitude -88.9459 in Ballard County. The formal boundaries for the Bandana Census Designated Place encompass a land area of 1.89 sq. miles and a water area of 0 sq. miles. Ballard County is in the Central time zone (GMT -6). The elevation is 351 feet.

The Bandana Census Designated Place (GNIS ID: 2629569) 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 Bandana Census Designated Place is located within La Center Division of Ballard County.

Alternate Unofficial Names for Bandana: Skillet.

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Bandana, KY Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 214 (100%)
Population in Households 214 (100.0%)
Population in Families 181 (84.6%)
Population in Group Quarters1 0
Population Density 113
Diversity Index2 13
 
 

INCOME

Median Household Income $55,921
Average Household Income $73,920
% of Income for Mortgage4 11%
Per Capita Income $30,135
Wealth Index5 70
 

HOUSING

Total HU (Housing Units) 109 (100%)
Owner Occupied HU 65 (59.6%)
Renter Occupied HU 16 (14.7%)
Vacant Housing Units 28 (25.7%)
Median Home Value $142,308
Average Home Value $170,313
Housing Affordability Index3 259
 

HOUSEHOLDS

Total Households 81
Average Household Size 2.64
Family Households 58
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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

2010-2020 2020-2025
Population 0.52% -0.19%
Households 0.5% -0.25%
Families -0.8% -0.35%
Median Household Income   0.65%
Per Capita Income   1.51%
Owner Occupied HU   -0.31%

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Bandana, KY - Peer Comparisons by Rank and Percentile

The table below compares Bandana to the other 541 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2020 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 # 474 13th
Population Density # 529 2nd
Median Household Income # 174 68th
Housing Affordability Index # 385 71st
Per Capita Income # 149 73rd
Diversity Index # 340 37th

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

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