Phelps CDP, Kentucky Demographics & Population 2026

Population Overview

Phelps CDP is a small community located in Kentucky. The total population is 387. It ranks as the 387th most populous out of 552 cities and towns in Kentucky.

Age Demographics

The median age in Phelps CDP is 55.6 years. This is 42% higher than the state median of 39.1 years. Only 0.0% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Phelps CDP is $28,542. This is 54% lower than the state median of $62,417. Compared to the national median of $78,538, household income here is 64% lower. The poverty rate stands at 17.3%. This is 7% higher than the state poverty rate of 16.1%. The unemployment rate is 89.2%. This is 1746% higher than the state rate of 4.8%. The median home value is $111,600. Housing costs are 42% lower than the state median of $192,300. The home-value-to-income ratio is 3.9x. 76.3% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 68.3%.

Race & Ethnicity

Phelps CDP has a predominantly White (non-Hispanic) population, comprising 90.2% of all residents.

Education

6.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 75% 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 74.2%.

Data Sources & Methodology

All demographic data for Phelps CDP, 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.