Drakesboro, KY Profile: Facts & Data

Advertisement

Drakesboro Local Links & Resources:
Resources | ALL Drakesboro Content
Planning to visit Drakesboro? See Local Hotels

Also See: Drakesboro, KY ZIP Codes & ZIP Code Maps | Local Area Photos

Drakesboro, Kentucky - Basic Facts

The City of Drakesboro had a population of 508 as of July 1, 2019.

The primary coordinate point for Drakesboro is located at latitude 37.2175 and longitude -87.0489 in Muhlenberg County. The formal boundaries for the City of Drakesboro encompass a land area of 0.55 sq. miles and a water area of 0.01 sq. miles. Muhlenberg County is in the Central time zone (GMT -6). The elevation is 443 feet.

The City of Drakesboro (GNIS ID: 2403507) 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 Drakesboro is located within Drakesboro Division of Muhlenberg County.


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

Drakesboro, KY - Most Popular Things to Do

Also See: Nearby Photos | Nearby Hotels | Driving Directions

Use HTL Address Research for a Kentucky Address and get...

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.


Advertisement

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

HOUSING AFFORDABILITY INDEX

Drakesboro, KY Housing Affordability Index is 314
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

Drakesboro, KY Wealth Index is 42
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.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  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 508 (100%)
Population in Households 508 (100.0%)
Population in Families 412 (81.1%)
Population in Group Quarters1 0
Population Density 920
Diversity Index2 20
 

INCOME

Median Household Income $35,183
Average Household Income $48,545
Per Capita Income $19,327
Wealth Index4 42

HOUSING

Total Housing Units 244 (100%)
Owner Occupied HU 161 (66.0%)
Renter Occupied HU 36 (14.8%)
Vacant Housing Units 47 (19.3%)
Median Home Value $61,979
Housing Affordability Index3 314
 

HOUSEHOLDS

Total Households 197
Average Household Size 2.58
Family Households 134
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 -0.15% -0.36%
Households -0.11% -0.41%
Families -0.16% -0.45%
Median Household Income   2.16%
Per Capita Income   2.71%

Drakesboro, KY - Peer Comparisons by Rank and Percentile

The table below compares Drakesboro 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 # 349 36th
Population Density # 264 51st
Diversity Index # 207 62nd
Median Household Income # 409 24th
Per Capita Income # 418 23rd

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

Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Kentucky Census Data Comparison Tool

Compare Kentucky July 1, 2019 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement