Nicholasville, KY Profile: Facts & Data

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Nicholasville, Kentucky - Basic Facts

The City of Nicholasville is the 10th largest city in Kentucky with a population of 32,497 as of July 1, 2024. Nicholasville ranks in the upper 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 Nicholasville is located at latitude 37.8806 and longitude -84.573 in Jessamine County. The formal boundaries for the City of Nicholasville encompass a land area of 13.28 sq. miles and a water area of 0.07 sq. miles. Jessamine County is in the Eastern time zone (GMT -5).

The City of Nicholasville 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 Nicholasville is located within Nicholasville Division of Jessamine County.


Jump to... (On This Page!)
  1. Nicholasville 2024 Demographic Data
  2. Growth Rates for Nicholasville (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 - 2024 Demographics
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Nicholasville, KY Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 32,497 (100%)
Population in Households 32,227 (99.2%)
Population in Families 26,418 (81.3%)
Population in Group Quarters1 270 ( 0.8%)
Population Density 2,167
Diversity Index2 37
 
 

INCOME

Median Household Income $61,901
Average Household Income $80,331
% of Income for Mortgage4 21%
Per Capita Income $30,663
Wealth Index5 62
Socioeconomic Status Index6 Moderate (46.3)
 

HOUSING

Total HU (Housing Units) 13,017 (100%)
Owner Occupied HU 7,701 (59.2%)
Renter Occupied HU 4,698 (36.1%)
Vacant Housing Units 618 ( 4.7%)
Median Home Value $211,676
Average Home Value $248,854
Housing Affordability Index3 117
 

HOUSEHOLDS

Total Households 12,399
Average Household Size 2.60
Family Households 8,504
Average Family Size 3.00
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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 0.70% 0.48%
Households 0.86% 0.60%
Families   0.51%
Median Household Income   2.84%
Per Capita Income   2.95%
Owner Occupied HU   1.07%

Nicholasville, KY - Peer Comparisons by Rank and Percentile

The table below compares Nicholasville to the other 555 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2024 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 # 10 98th
Population Density # 99 82nd
Median Household Income # 241 57th
Housing Affordability Index # 216 39th
Per Capita Income # 279 50th
Diversity Index # 109 81st

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

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