Flatwoods, KY Profile: Facts & Data

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Flatwoods, Kentucky - Basic Facts

The City of Flatwoods had a population of 7,300 as of July 1, 2019. Flatwoods ranks in the upper quartile for Population Density and 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 Flatwoods is located at latitude 38.5226 and longitude -82.7171 in Greenup County. The formal boundaries for the City of Flatwoods encompass a land area of 3.3 sq. miles and a water area of 0 sq. miles. Greenup County is in the Eastern time zone (GMT -5). The elevation is 682 feet.

The City of Flatwoods (GNIS ID: 2403614) 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 Flatwoods is located within Flatwoods-Russell Division of Greenup County.


Jump to... (On This Page!)
  1. Flatwoods 2019 Demographic Data
  2. Growth Rates for Flatwoods (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

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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

HOUSING AFFORDABILITY INDEX

Flatwoods, KY Housing Affordability Index is 247
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

Flatwoods, KY Wealth Index is 50
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 Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Kentucky COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 7,300 (100%)
Population in Households 7,180 (98.4%)
Population in Families 5,908 (80.9%)
Population in Group Quarters1 120 ( 1.6%)
Population Density 2,250
Diversity Index2 9
 

INCOME

Median Household Income $46,244
Average Household Income $57,111
Per Capita Income $23,741
Wealth Index4 50

HOUSING

Total Housing Units 3,338 (100%)
Owner Occupied HU 2,087 (62.5%)
Renter Occupied HU 969 (29.0%)
Vacant Housing Units 281 ( 8.4%)
Median Home Value $97,336
Housing Affordability Index3 247
 

HOUSEHOLDS

Total Households 3,057
Average Household Size 2.35
Family Households 2,071
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 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.
  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 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 -0.23% -0.34%
Households -0.16% -0.31%
Families -0.11% -0.41%
Median Household Income   2.14%
Per Capita Income   2.56%

Flatwoods, KY - Peer Comparisons by Rank and Percentile

The table below compares Flatwoods to the other 540 incorporated cities, towns and CDPs 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 # 64 88th
Population Density # 97 82nd
Diversity Index # 411 24th
Median Household Income # 243 55th
Per Capita Income # 244 55th

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

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