Drakesboro city, Kentucky Demographics & Population 2026
As of 2026, Drakesboro city, Kentucky has a total population of 586, the 331st largest city in Kentucky, with a median household income of $41,500, which is 34% lower than the state average. The poverty rate is 37.2%.
Key Takeaways
- Household income is 34% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (37.2%), well above the national average of 12.4%.
- Only 4.2% of adults have a bachelor's degree, well below the national average of 35.0%.
- Housing is very affordable with a home-value-to-income ratio of just 1.9x.
Drakesboro city Quick Facts
How Drakesboro city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 60
Education
Educational Attainment (Adults 25+)
Drakesboro city Rankings in Kentucky
Explore Kentucky Rankings
Cities Similar to Drakesboro city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hustonville city | 600 | $40,625 | $121,600 | 10.6% | 24.0% |
| Kenvir CDP | 550 | N/A | N/A | 4.9% | 41.3% |
| Millstone CDP | 617 | $40,325 | N/A | 0.0% | 42.1% |
| Sandy Hook city | 542 | N/A | $98,500 | 9.5% | 49.5% |
| Pathfork CDP | 606 | $45,913 | $33,400 | 33.7% | 37.2% |
Population Overview
Drakesboro city is a small community located in Kentucky. The total population is 586. It ranks as the 331st most populous out of 552 cities and towns in Kentucky.
Age Demographics
The median age in Drakesboro city is 42.2 years. This is 8% higher than the state median of 39.1 years.
Economy, Income & Housing
The median household income in Drakesboro city is $41,500. This is 34% lower than the state median of $62,417. Compared to the national median of $78,538, household income here is 47% lower. The poverty rate stands at 37.2%. This is 130% higher than the state poverty rate of 16.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.3%. This is 11% lower than the state rate of 4.8%. The median home value is $76,900. Housing costs are 60% lower than the state median of $192,300. With a home-value-to-income ratio of just 1.9x, Drakesboro city is one of the most affordable housing markets in the area. 87.9% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 68.3%.
Race & Ethnicity
The largest racial or ethnic group in Drakesboro city is White (non-Hispanic), making up 77.1% of the population. Hispanic or Latino residents account for 13.5%. The Hispanic or Latino population is significantly higher than the state average (13.5% vs 4.7%).
Education
4.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 84% lower than the state rate of 27.0%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.4%.
Data Sources & Methodology
All demographic data for Drakesboro city, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Drakesboro city, Kentucky?
Drakesboro city, Kentucky has a population of 586 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Drakesboro city, KY?
The median household income in Drakesboro city is $41,500, which is 47% lower the national median of $78,538.
What is the poverty rate in Drakesboro city, KY?
The poverty rate in Drakesboro city is 37.2%. This means approximately 218 residents live below the federal poverty line.
What is the racial makeup of Drakesboro city, Kentucky?
Drakesboro city's population is 77.1% White, 7.8% Black, 13.5% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Drakesboro city, KY?
The median home value in Drakesboro city is $76,900. The home-value-to-income ratio is 1.9x.
How educated is Drakesboro city, Kentucky?
4.2% of adults (25+) in Drakesboro city hold a bachelor's degree or higher, and 1.6% hold a graduate or professional degree.