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Island, Kentucky Demographics & Population 2026

During the 2020–2024 ACS period, Island, Kentucky had a total population of 576, the 331st largest city in Kentucky, with a median household income of $54,375, which is 15% lower than the state average. The poverty rate is 12.0%.

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

Key Takeaways

Island Quick Facts

Population 576
Median Household Income $54,375
Median Home Value $75,000
Poverty Rate 12.0%
Unemployment Rate 13.4%
Median Age 47.0 years
Homeownership Rate 76.3%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 6.9%
High School Graduation Rate 89.3%
Diversity Index 9/100
Population 576 331st of 552
Median Income $54,375 average
Poverty Rate 12.0% 4% lower than national
Median Home Value $75,000 bottom 10%

How Island 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
Population616576-6.5%
Median household income$48,875$54,375+11.3%
Median home value$72,100$75,000+4.0%

How Island Compares

Economy & Housing

Household Income Distribution

Under $25K 7.5%
$25K-$50K 38.7%
$50K-$100K 27.7%
$100K+ 26.1%
Detailed income brackets
Under $10K
4.7%
$10K-$15K
0.8%
$15K-$20K
1.6%
$20K-$25K
0.4%
$25K-$30K
14.2%
$30K-$35K
7.9%
$35K-$40K
7.9%
$40K-$45K
3.2%
$45K-$50K
5.5%
$50K-$60K
7.1%
$60K-$75K
13.0%
$75K-$100K
7.5%
$100K-$125K
10.3%
$125K-$150K
12.3%
$150K-$200K
2.8%
$200K+
0.8%

Employment

13.4% Unemployment Rate State: 4.9%|National: 5.2%
50.0% Labor Force Participation

Housing Overview

Owner 76.3%
Renter 23.7%
Affordability Index Very Affordable
1.4x home value to income ratio
Median gross rent $929/mo 20.5% 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

Island Rankings in Kentucky

#331 Population of 552
#268 Median Income of 496
#458 Education of 550
#454 Home Value of 495

Other Cities in McLean County

CityPopulationMedian IncomePovertyHome Value
Livermore 1,223 $40,099 20.8% $134,600
Calhoun 601 $52,500 14.4% $113,300
Sacramento 317 $34,107 32.8% $75,300
Beech Grove 291 $109,083 0.0% $170,900

Cities Similar to Island

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cawood596N/A$69,80033.7%6.4%
McRoberts556N/A$60,1002.4%46.0%
Calhoun601$52,500$113,3007.4%14.4%
Summer Shade532N/A$113,4007.1%55.8%
Magnolia609$50,809$158,1007.8%29.7%

A note before these figures: with a population of 576, Island'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

Island is a small community located in Kentucky, within McLean County. The total population is 576. It ranks as the 331st most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in Island is 47.0 years. This is 20% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Island is $54,375. This is 15% lower than the state median of $63,726. It is also 33% lower than the national median of $80,734. The poverty rate stands at 12.0%. This is 25% lower than the state poverty rate of 16.1%. The unemployment rate is 13.4%. This is 175% higher than the state rate of 4.9%. The median home value is $75,000. Housing costs are 64% lower than the state median of $205,600. With a home-value-to-income ratio of just 1.4x, Island is one of the most affordable housing markets in the area. 76.3% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 68.3%.

Race & Ethnicity

Island has a predominantly White (non-Hispanic) population, comprising 95.5% of all residents. Hispanic or Latino residents account for 1.0%. The Black or African American population (0.7%) is well below the state average of 7.5%. The Hispanic or Latino population (1.0%) is well below the state average of 5.0%.

Education

6.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 75% 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 89.3%.

Data Sources & Methodology

All demographic data for Island, 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 Island, Kentucky?

Island, Kentucky has a population of 576 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Island, KY?

The median household income in Island is $54,375, which is 33% lower than the national median of $80,734.

What is the poverty rate in Island, KY?

The poverty rate in Island is 12.0%. This means approximately 69 residents live below the federal poverty line.

What is the racial makeup of Island, Kentucky?

Island's population is 95.5% White, 0.7% Black, 1.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Island, KY?

The median home value in Island is $75,000. The home-value-to-income ratio is 1.4x.

How educated is Island, Kentucky?

6.9% of adults (25+) in Island hold a bachelor's degree or higher, and 1.6% hold a graduate or professional degree.