Owensboro, KY Profile: Facts & Data

The City of Owensboro is the 5th largest city in Kentucky with a population of 61,026 as of July 1, 2024. Owensboro 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 Owensboro is located at latitude 37.7742 and longitude -87.1133 in Daviess County. The formal boundaries for the City of Owensboro encompass a land area of 19.84 sq. miles and a water area of 1.38 sq. miles. Daviess County is in the Central time zone (GMT -6).

The City of Owensboro 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 Owensboro is located within Owensboro Division of Daviess County.

Owensboro, KY Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	61,026 (100%)
Population in Households	59,285 (97.1%)
Population in Families	43,801 (71.8%)
Population in Group Quarters¹	1,741 ( 2.9%)
Population Density	2,926
Diversity Index²	41


INCOME
Median Household Income	$55,852
Average Household Income	$78,516
% of Income for Mortgage⁴	20%
Per Capita Income	$32,888
Wealth Index⁵	63
Socioeconomic Status Index⁶	Moderate (46.3)

HOUSING
Total HU (Housing Units)	27,528 (100%)
Owner Occupied HU	14,961 (54.3%)
Renter Occupied HU	10,563 (38.4%)
Vacant Housing Units	2,004 ( 7.3%)
Median Home Value	$174,857
Average Home Value	$205,327
Housing Affordability Index³	126

HOUSEHOLDS
Total Households	25,524
Average Household Size	2.32
Family Households	14,800
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.

Owensboro, KY - Peer Comparisons by Rank and Percentile

The table below compares Owensboro to the other 555 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2024 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	2020-2024	2024-2029
Population	0.18%	0.11%
Households	0.24%	0.18%
Families		0.03%
Median Household Income		3.02%
Per Capita Income		2.87%
Owner Occupied HU		0.91%

Variable Description	Rank	Percentile
Total Population	# 5	99th
Population Density	# 78	86th
Median Household Income	# 296	47th
Housing Affordability Index	# 269	48th
Per Capita Income	# 237	57th
Diversity Index	# 83	85th

Owensboro, KY Profile: Facts & Data

Owensboro, Kentucky - Basic Facts

Owensboro, KY Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Owensboro, KY - Peer Comparisons by Rank and Percentile

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