Pikeville
Pikeville city, Kentucky
Nestled in the heart of Appalachia, Pikeville, Kentucky, offers a refreshingly affordable lifestyle, worlds away from the pressures of larger metropolitan areas. Imagine owning a home for around $270,900, a steal compared to the national median. Here, you'll find a slower pace of life, where community ties run deep, and natural beauty is just a stone's throw away. While the median household income of $41,324 reflects the local economic realities, the cost of living allows residents to stretch their dollars further. With a population of just over 7,500, Pikeville exudes a small-town charm, perfect for those seeking a close-knit community.
From an investment perspective, Pikeville presents a compelling opportunity, particularly for those prioritizing affordability and a relaxed lifestyle. The housing market is stable, and with home values significantly below the national average, the potential for appreciation is promising. The city is known for its safety, making it an ideal place to raise a family or enjoy a peaceful retirement. While local employment opportunities may be more limited than in larger cities, Pikeville's low cost of living and strong sense of community make it well-suited for remote workers, retirees, and those seeking a simpler way of life.
Pikeville, Kentucky at a Glance
Pikeville is a city in Pikeville city, Kentucky with a population of approximately 7,563. The median home value is $270,900 and the median household income is $41,324. 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 $832 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$270,900
Median Income
$41,324
Population
7,563
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Low
Fair
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- Population
- 7,563
- Median Age
- N/A
- Median Household Income
- $41,324
45% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 25.1%
102% above nat'l avg
- Median Home Value
- $270,900
4% below nat'l avg
- Median Rent
- $832
28% below nat'l avg
- Homeownership Rate
- 39.4%
40% below 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
- 4.1%
11% above nat'l avg
- Poverty Rate
- 25.1%
102% above nat'l avg
Political Landscape
โ Politically stable
Based on Garrard County county-level presidential election data
Culture & Things to Do in Pikeville
Hillbilly Days
Annual festival celebrating Appalachian culture with music, food, and crafts.
Pikeville Christmas Parade
A festive parade through downtown Pikeville during the holiday season.
Pike County Fair
A traditional county fair featuring agricultural exhibits, rides, and entertainment.
Appalachian Wireless Arena Events
Concerts, shows, and other events are regularly held at the arena.
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