Horse Cave, KY Profile: Facts & Data

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Horse Cave, Kentucky - Basic Facts

The City of Horse Cave had a population of 2,351 as of July 1, 2020. Horse Cave ranks in the upper 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 Horse Cave is located at latitude 37.1795 and longitude -85.9069 in Hart County. The formal boundaries for the City of Horse Cave encompass a land area of 2.65 sq. miles and a water area of 0.02 sq. miles. Hart County is in the Central time zone (GMT -6). The elevation is 633 feet.

The City of Horse Cave (GNIS ID: 2404730) 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 Horse Cave is located within Horse Cave Division of Hart County.


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

POPULATION

Total Population 2,351 (100%)
Population in Households 2,274 (96.7%)
Population in Families 1,802 (76.6%)
Population in Group Quarters1 77 ( 3.3%)
Population Density 746
Diversity Index2 28
 
 

INCOME

Median Household Income $34,418
Average Household Income $50,707
% of Income for Mortgage4 11%
Per Capita Income $21,031
Wealth Index5 40
 

HOUSING

Total HU (Housing Units) 1,146 (100%)
Owner Occupied HU 642 (56.0%)
Renter Occupied HU 364 (31.8%)
Vacant Housing Units 140 (12.2%)
Median Home Value $93,698
Average Home Value $109,837
Housing Affordability Index3 226
 

HOUSEHOLDS

Total Households 1,006
Average Household Size 2.26
Family Households 634
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 0.14% 0.05%
Households 0.19% 0.1%
Families 0.79% -0.03%
Median Household Income   1.56%
Per Capita Income   2.55%
Owner Occupied HU   0.16%

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Horse Cave, KY - Peer Comparisons by Rank and Percentile

The table below compares Horse Cave 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 # 151 72nd
Population Density # 302 44th
Median Household Income # 439 19th
Housing Affordability Index # 278 51st
Per Capita Income # 373 31st
Diversity Index # 132 76th

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

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