Pine Knot, KY Profile: Facts & Data

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Pine Knot, Kentucky - Basic Facts

The Pine Knot Census Designated Place had a population of 1,612 as of July 1, 2019. Pine Knot ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Kentucky. See peer rankings below.

The primary coordinate point for Pine Knot is located at latitude 36.6509 and longitude -84.4385 in McCreary County. The formal boundaries for the Pine Knot Census Designated Place encompass a land area of 6.4 sq. miles and a water area of 0.06 sq. miles. McCreary County is in the Eastern time zone (GMT -5). The elevation is 1,421 feet.

The Pine Knot Census Designated Place (GNIS ID: 2403414) has a U1 Census Class Code which indicates a census designated place with 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 Pine Knot Census Designated Place is located within Pine Knot Division of McCreary County.

Alternate Unofficial Names for Pine Knot: High Point.

Jump to... (On This Page!)
  1. Pine Knot 2019 Demographic Data
  2. Growth Rates for Pine Knot (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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Pine Knot, KY Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Pine Knot, KY Housing Affordability Index is 127
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

Pine Knot, KY Wealth Index is 19
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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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  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 1,612 (100%)
Population in Households 1,452 (90.1%)
Population in Families 1,182 (73.3%)
Population in Group Quarters1 160 ( 9.9%)
Population Density 252
Diversity Index2 19
 

INCOME

Median Household Income $18,425
Average Household Income $27,471
Per Capita Income $10,224
Wealth Index4 19

HOUSING

Total Housing Units 641 (100%)
Owner Occupied HU 328 (51.2%)
Renter Occupied HU 227 (35.4%)
Vacant Housing Units 86 (13.4%)
Median Home Value $79,354
Housing Affordability Index3 127
 

HOUSEHOLDS

Total Households 555
Average Household Size 2.62
Family Households 371
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 -0.06% -0.21%
Households 0.0% -0.18%
Families -0.12% -0.27%
Median Household Income   1.02%
Per Capita Income   1.86%

Pine Knot, KY - Peer Comparisons by Rank and Percentile

The table below compares Pine Knot 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 # 188 65th
Population Density # 477 12th
Diversity Index # 217 60th
Median Household Income # 532 2nd
Per Capita Income # 535 1st

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

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