Drakesboro, Kentucky Demographics & Population 2026
During the 2020–2024 ACS period, Drakesboro, Kentucky had a total population of 320, the 413th largest city in Kentucky, with a median household income of $34,375, which is 46% lower than the state average. The poverty rate is 46.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 46% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (46.6%), well above the national average of 12.4%.
- Only 5.3% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
Drakesboro Quick Facts
How Drakesboro Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 586 | 320 | -45.4% |
| Median household income | $41,500 | $34,375 | -17.2% |
| Median home value | $76,900 | $75,500 | -1.8% |
How Drakesboro Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 33 | National average: 61
Education
Educational Attainment (Adults 25+)
Drakesboro Rankings in Kentucky
Explore Kentucky Rankings
Other Cities in Muhlenberg County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Central City | 5,707 | $50,885 | 25.6% | $143,600 |
| Greenville | 4,410 | $46,054 | 21.3% | $116,400 |
| Powderly | 931 | $50,662 | 20.4% | $99,300 |
| Beechmont | 771 | $52,240 | 25.4% | $162,900 |
| Bremen | 285 | $68,125 | 16.1% | $129,700 |
| Dunmor | 209 | $41,806 | 28.2% | $151,100 |
| South Carrollton | 157 | $41,307 | 19.8% | $125,000 |
| Cleaton | 38 | N/A | 0.0% | N/A |
Cities Similar to Drakesboro
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Millstone | 317 | N/A | N/A | 0.0% | 0.0% |
| Sacramento | 317 | $34,107 | $75,300 | 10.0% | 32.8% |
| Phelps | 301 | N/A | $102,700 | 7.2% | 36.5% |
| Wayland | 316 | $28,333 | $40,500 | 14.1% | 48.3% |
| Ezel | 313 | $41,000 | $105,400 | 25.4% | 7.3% |
A note before these figures: with a population of 320, Drakesboro's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Drakesboro is a small community located in Kentucky, within Muhlenberg County. The total population is 320. It ranks as the 413th most populous out of 552 Census-designated places in Kentucky.
Age Demographics
The median age in Drakesboro is 38.0 years. This is 3% lower than the state median of 39.1 years.
Economy, Income & Housing
The median household income in Drakesboro is $34,375. This is 46% lower than the state median of $63,726. It is also 57% lower than the national median of $80,734. The poverty rate stands at 46.6%. This is 190% 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 4.8%. This is 2% lower than the state rate of 4.9%. The median home value is $75,500. Housing costs are 63% lower than the state median of $205,600. With a home-value-to-income ratio of just 2.2x, Drakesboro is one of the most affordable housing markets in the area. 83.2% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 68.3%.
Race & Ethnicity
The largest racial or ethnic group in Drakesboro is White (non-Hispanic), making up 77.8% of the population. Hispanic or Latino residents account for 15.6%. The Black or African American population (3.1%) is well below the state average of 7.5%. The Hispanic or Latino population is significantly higher than the state average (15.6% vs 5.0%).
Education
5.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 81% lower than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 70.9%.
Data Sources & Methodology
All demographic data for Drakesboro, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Drakesboro, Kentucky?
Drakesboro, Kentucky has a population of 320 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Drakesboro, KY?
The median household income in Drakesboro is $34,375, which is 57% lower than the national median of $80,734.
What is the poverty rate in Drakesboro, KY?
The poverty rate in Drakesboro is 46.6%. This means approximately 149 residents live below the federal poverty line.
What is the racial makeup of Drakesboro, Kentucky?
Drakesboro's population is 77.8% White, 3.1% Black, 15.6% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Drakesboro, KY?
The median home value in Drakesboro is $75,500. The home-value-to-income ratio is 2.2x.
How educated is Drakesboro, Kentucky?
5.3% of adults (25+) in Drakesboro hold a bachelor's degree or higher, and 1.9% hold a graduate or professional degree.