Fancy Farm, Kentucky Demographics & Population 2026

A note before these figures: with a population of 326, Fancy Farm'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

Fancy Farm is a small community located in Kentucky, within Graves County. The total population is 326. It ranks as the 409th most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in Fancy Farm is 56.5 years. This is 45% higher than the state median of 39.1 years. Only 10.4% of residents are under 18, indicating fewer families with children. 11.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Fancy Farm is $60,268. This is 5% lower than the state median of $63,726. It is also 25% lower than the national median of $80,734. The poverty rate stands at 31.6%. This is 97% 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 survey records no unemployed residents in Fancy Farm, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $135,500. Housing costs are 34% lower than the state median of $205,600. With a home-value-to-income ratio of just 2.2x, Fancy Farm is one of the most affordable housing markets in the area. 84.7% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 68.3%.

Race & Ethnicity

The largest racial or ethnic group in Fancy Farm is White (non-Hispanic), making up 78.8% of the population. Black or African American residents account for 12.6%. The Black or African American population is significantly higher than the state average (12.6% vs 7.5%).

Education

7.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 73% 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 95.4%.

Data Sources & Methodology

All demographic data for Fancy Farm, 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.