Sharpsburg, KY Profile: Facts & Data

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Sharpsburg, Kentucky - Basic Facts

The City of Sharpsburg had a population of 326 as of July 1, 2020. Sharpsburg ranks in the upper quartile for Population Density and 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 Sharpsburg is located at latitude 38.202 and longitude -83.9294 in Bath County. The formal boundaries for the City of Sharpsburg encompass a land area of 0.2 sq. miles and a water area of 0 sq. miles. Bath County is in the Eastern time zone (GMT -5). The elevation is 1,010 feet.

The City of Sharpsburg (GNIS ID: 2405450) 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 Sharpsburg is located within Sharpsburg Division of Bath County.


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

POPULATION

Total Population 326 (100%)
Population in Households 326 (100.0%)
Population in Families 259 (79.4%)
Population in Group Quarters1 0
Population Density 1,655
Diversity Index2 28
 
 

INCOME

Median Household Income $31,803
Average Household Income $42,980
% of Income for Mortgage4 12%
Per Capita Income $17,801
Wealth Index5 33
 

HOUSING

Total HU (Housing Units) 198 (100%)
Owner Occupied HU 103 (52.0%)
Renter Occupied HU 61 (30.8%)
Vacant Housing Units 34 (17.2%)
Median Home Value $87,963
Average Home Value $132,619
Housing Affordability Index3 226
 

HOUSEHOLDS

Total Households 164
Average Household Size 1.99
Family Households 106
Average Family Size 2
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 0.09% 0.06%
Households 0.0% 0.0%
Families 2.42% -0.19%
Median Household Income   2.09%
Per Capita Income   1.8%
Owner Occupied HU   -0.19%

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Sharpsburg, KY - Peer Comparisons by Rank and Percentile

The table below compares Sharpsburg 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 # 411 24th
Population Density # 138 75th
Median Household Income # 462 15th
Housing Affordability Index # 279 52nd
Per Capita Income # 467 14th
Diversity Index # 133 76th

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

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