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Flatwoods, Kentucky Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

During the 2020–2024 ACS period, Flatwoods, Kentucky had a total population of 7,269, the 65th largest city in Kentucky, with a median household income of $59,972, which is 6% lower than the state average. The poverty rate is 18.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Flatwoods Quick Facts

Population 7,269
Median Household Income $59,972
Median Home Value $114,600
Poverty Rate 18.4%
Unemployment Rate 6.4%
Median Age 38.2 years
Homeownership Rate 75.2%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 15.8%
High School Graduation Rate 90.8%
Diversity Index 9/100
Population 7,269 65th of 552
Median Income $59,972 average
Poverty Rate 18.4% 48% higher than national
Median Home Value $114,600 bottom 30%

How Flatwoods Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7,2817,269-0.2%
Median household income$60,467$59,972-0.8%
Median home value$112,200$114,600+2.1%

How Flatwoods Compares

Economy & Housing

Household Income Distribution

Under $25K 22.8%
$25K-$50K 19.9%
$50K-$100K 34.8%
$100K+ 22.5%
Detailed income brackets
Under $10K
7.1%
$10K-$15K
3.8%
$15K-$20K
5.6%
$20K-$25K
6.3%
$25K-$30K
4.5%
$30K-$35K
2.8%
$35K-$40K
6.2%
$40K-$45K
3.6%
$45K-$50K
2.8%
$50K-$60K
7.4%
$60K-$75K
13.1%
$75K-$100K
14.3%
$100K-$125K
11.7%
$125K-$150K
2.5%
$150K-$200K
4.8%
$200K+
3.6%

Employment

6.4% Unemployment Rate State: 4.9%|National: 5.2%
52.1% Labor Force Participation

Housing Overview

Owner 75.2%
Renter 24.8%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $940/mo 18.8% of median household income annually

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 33 | National average: 61

Education

Flatwoods Rankings in Kentucky

#65 Population of 552
#221 Median Income of 496
#311 Education of 550
#352 Home Value of 495

Other Cities in Greenup County

CityPopulationMedian IncomePovertyHome Value
Russell 3,676 $76,182 4.7% $211,900
Raceland 2,265 $57,222 23.2% $128,400
Worthington 1,759 $65,609 12.0% $133,200
South Shore 1,642 $29,340 23.1% $89,200
Bellefonte 1,419 $117,250 9.9% $282,600
Wurtland 1,154 $60,972 24.5% $95,000
Greenup 813 $40,313 15.9% $143,000

Cities Similar to Flatwoods

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mount Sterling7,551$55,827$187,60023.6%16.9%
Russellville7,316$45,484$168,70014.1%20.7%
London7,561$47,591$170,20018.0%30.1%
Vine Grove6,830$72,560$235,40026.2%11.1%
Cynthiana6,458$54,647$172,50015.4%30.5%

Population Overview

Flatwoods is a small city located in Kentucky, within Greenup County. The total population is 7,269. It ranks as the 65th most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in Flatwoods is 38.2 years. This is 2% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Flatwoods is $59,972. This is 6% lower than the state median of $63,726. It is also 26% lower than the national median of $80,734. The poverty rate stands at 18.4%. This is 15% higher than the state poverty rate of 16.1%. The unemployment rate is 6.4%. This is 32% higher than the state rate of 4.9%. The median home value is $114,600. Housing costs are 44% lower than the state median of $205,600. With a home-value-to-income ratio of just 1.9x, Flatwoods is one of the most affordable housing markets in the area. 75.2% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 68.3%.

Race & Ethnicity

Flatwoods has a predominantly White (non-Hispanic) population, comprising 95.5% of all residents. Hispanic or Latino residents account for 1.5%. The Black or African American population (0.1%) is well below the state average of 7.5%. The Hispanic or Latino population (1.5%) is well below the state average of 5.0%. The Asian population (0.5%) is well below the state average of 1.6%.

Education

15.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% 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 90.8%.

Data Sources & Methodology

All demographic data for Flatwoods, 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.

Free data download: Get all Kentucky city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Flatwoods, Kentucky?

Flatwoods, Kentucky has a population of 7,269 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Flatwoods, KY?

The median household income in Flatwoods is $59,972, which is 26% lower than the national median of $80,734.

What is the poverty rate in Flatwoods, KY?

The poverty rate in Flatwoods is 18.4%. This means approximately 1,314 residents live below the federal poverty line.

What is the racial makeup of Flatwoods, Kentucky?

Flatwoods's population is 95.5% White, 0.1% Black, 1.5% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Flatwoods, KY?

The median home value in Flatwoods is $114,600. The home-value-to-income ratio is 1.9x.

How educated is Flatwoods, Kentucky?

15.8% of adults (25+) in Flatwoods hold a bachelor's degree or higher, and 7.0% hold a graduate or professional degree.