Farley CDP, KY Profile: Facts & Data

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Farley CDP, Kentucky - Basic Facts

The Farley Census Designated Place had a population of 4,659 as of July 1, 2019.

The primary coordinate point for Farley CDP is located at latitude 37.0405 and longitude -88.5735 in McCracken County. The formal boundaries for the Farley Census Designated Place encompass a land area of 5.94 sq. miles and a water area of 0.11 sq. miles.

The Farley Census Designated Place (GNIS ID: 2629614) has a U2 Census Class Code which indicates a census designated place without 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 Farley Census Designated Place is located within Paducah Division of McCracken County.


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

Farley CDP, KY - Most Popular Things to Do

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

HOUSING AFFORDABILITY INDEX

Farley CDP, KY Housing Affordability Index is 260
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

Farley CDP, KY Wealth Index is 37
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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  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 4,659 (100%)
Population in Households 4,615 (99.1%)
Population in Families 3,576 (76.8%)
Population in Group Quarters1 44 ( 0.9%)
Population Density 784
Diversity Index2 22
 

INCOME

Median Household Income $39,737
Average Household Income $48,500
Per Capita Income $20,080
Wealth Index4 37

HOUSING

Total Housing Units 2,251 (100%)
Owner Occupied HU 1,321 (58.7%)
Renter Occupied HU 622 (27.6%)
Vacant Housing Units 308 (13.7%)
Median Home Value $79,613
Housing Affordability Index3 260
 

HOUSEHOLDS

Total Households 1,943
Average Household Size 2.38
Family Households 1,230
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 -0.1% -0.11%
Households -0.07% -0.06%
Families -0.41% -0.21%
Median Household Income   3.14%
Per Capita Income   2.94%

Farley CDP, KY - Peer Comparisons by Rank and Percentile

The table below compares Farley CDP 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 # 91 83rd
Population Density # 300 45th
Diversity Index # 186 66th
Median Household Income # 323 40th
Per Capita Income # 384 29th

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

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