Flatwoods
Flatwoods city, Kentucky
Let me paint you a picture of Flatwoods, Kentucky, a hidden gem nestled in the heart of the Bluegrass State. Imagine a place where the cost of living feels like a breath of fresh air, especially when considering the national landscape. Here, the median home value hovers around a remarkable $106,600 โ a stark contrast to the national average. This affordability, coupled with a close-knit community of about 7,300 residents, creates a relaxed, welcoming atmosphere. It's a place where neighbors know each other, and life moves at a comfortable pace.
From an investment perspective, Flatwoods presents a compelling opportunity, particularly for first-time homebuyers or those seeking a more budget-friendly lifestyle. While the median household income of $58,294 is slightly below the national average, the significantly lower housing costs create a favorable environment for building equity. The area is known for its safety and offers a quality of life that prioritizes community and simplicity. This locale is ideal for families, retirees, or anyone seeking a peaceful, financially accessible place to call home.
Flatwoods, Kentucky at a Glance
Flatwoods is a city in Flatwoods city, Kentucky with a population of approximately 7,312. The median home value is $106,600 and the median household income is $58,294. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.5 per 1,000 residents, which is 58% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $922 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$106,600
Median Income
$58,294
Population
7,312
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Low
Good
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- Population
- 7,312
- Median Age
- N/A
- Median Household Income
- $58,294
22% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 18.0%
45% above nat'l avg
- Median Home Value
- $106,600
62% below nat'l avg
- Median Rent
- $922
21% below nat'l avg
- Homeownership Rate
- 74.8%
14% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.5 per 1K
58% below nat'l avg
- Property Crime Rate
- 8.1 per 1K
57% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Low
- Risk Score
- 50.22
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 12.1ยข/kWh
27% below nat'l avg
- Est. Monthly Electric
- $109
20% below nat'l avg
- Unemployment Rate
- 4.8%
30% above nat'l avg
- Poverty Rate
- 18.0%
45% above nat'l avg
Political Landscape
โ Politically stable
Based on Garrard County county-level presidential election data
Culture & Things to Do in Flatwoods
Flatwoods Summer Festival
Annual festival with food, music, and family activities.
Greenup County Fair
A traditional county fair with agricultural exhibits, rides, and entertainment.
Ashland Summer Motion
A summer concert series held in nearby Ashland.
River Days Festival
A festival celebrating the Ohio River, held annually in Ashland.
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