Phelps, KY Profile: Facts & Data

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Phelps, Kentucky - Basic Facts

The Phelps Census Designated Place had a population of 918 as of July 1, 2019. Phelps ranks in the lower quartile for Population Density and 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 Phelps is located at latitude 37.5129 and longitude -82.1501 in Pike County. The formal boundaries for the Phelps Census Designated Place encompass a land area of 7.99 sq. miles and a water area of 0 sq. miles. Pike County is in the Eastern time zone (GMT -5). The elevation is 837 feet.

The Phelps Census Designated Place (GNIS ID: 2403405) 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 Phelps Census Designated Place is located within Phelps Division of Pike County.


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

HOUSING AFFORDABILITY INDEX

Phelps, KY Housing Affordability Index is 212
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

Phelps, KY Wealth Index is 30
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 918 (100%)
Population in Households 895 (97.5%)
Population in Families 743 (80.9%)
Population in Group Quarters1 23 ( 2.5%)
Population Density 115
Diversity Index2 3
 

INCOME

Median Household Income $25,333
Average Household Income $40,234
Per Capita Income $16,855
Wealth Index4 30

HOUSING

Total Housing Units 481 (100%)
Owner Occupied HU 291 (60.5%)
Renter Occupied HU 110 (22.9%)
Vacant Housing Units 80 (16.6%)
Median Home Value $65,404
Housing Affordability Index3 212
 

HOUSEHOLDS

Total Households 401
Average Household Size 2.23
Family Households 273
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 0.3% -0.13%
Households 0.33% -0.1%
Families 0.4% -0.22%
Median Household Income   1.12%
Per Capita Income   2.59%

Phelps, KY - Peer Comparisons by Rank and Percentile

The table below compares Phelps 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 # 250 54th
Population Density # 528 2nd
Diversity Index # 529 2nd
Median Household Income # 508 6th
Per Capita Income # 477 12th

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

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