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Philpot, Kentucky Demographics & Population 2026

During the 2020–2024 ACS period, Philpot, Kentucky had a total population of 1,036, the 237th largest community in Kentucky, with a median household income of $87,692, which is 38% higher than the state average. The poverty rate is 1.2%.

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

Key Takeaways

Philpot Quick Facts

Population 1,036
Median Household Income $87,692
Median Home Value $240,900
Poverty Rate 1.2%
Unemployment Rate 5.5%
Median Age 48.3 years
Homeownership Rate 83.2%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 42.4%
High School Graduation Rate 100.0%
Diversity Index 0/100
Population 1,036 237th of 552
Median Income $87,692 top 30%
Poverty Rate 1.2% 91% lower than national
Median Home Value $240,900 top 30%

How Philpot 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
Population1,0981,036-5.6%
Median household income$85,833$87,692+2.2%
Median home value$242,100$240,900-0.5%

How Philpot Compares

Economy & Housing

Household Income Distribution

Under $25K 2.1%
$25K-$50K 25.0%
$50K-$100K 33.5%
$100K+ 39.4%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
2.1%
$25K-$30K
13.0%
$30K-$35K
2.4%
$35K-$40K
0.8%
$40K-$45K
0.0%
$45K-$50K
8.8%
$50K-$60K
0.0%
$60K-$75K
2.7%
$75K-$100K
30.9%
$100K-$125K
8.5%
$125K-$150K
15.4%
$150K-$200K
6.9%
$200K+
8.5%

Employment

5.5% Unemployment Rate State: 4.9%|National: 5.2%
64.4% Labor Force Participation

Housing Overview

Owner 83.2%
Renter 16.8%
Affordability Index Very Affordable
2.7x home value to income ratio

People & Demographics

Diversity Index

0out 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

Philpot Rankings in Kentucky

#237 Population of 552
#108 Median Income of 496
#103 Education of 550
#122 Home Value of 495

Other Cities in Daviess County

CityPopulationMedian IncomePovertyHome Value
Owensboro 60,302 $56,357 18.9% $178,900
Sorgho 2,960 $121,579 8.5% $275,800
Masonville 2,887 $83,241 11.2% $230,400
Thruston 2,581 $69,922 21.6% $187,700
Whitesville 661 $85,000 8.8% $161,100
Yelvington 594 $68,176 21.2% $137,500
Pleasant Ridge 487 $41,798 25.3% $113,800
Stanley 448 N/A 3.4% $518,600
Maceo 418 N/A 2.1% $145,500
Moseleyville 269 N/A 26.0% $165,000

Cities Similar to Philpot

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pine Knot1,051N/AN/A1.9%52.9%
Goshen989$88,188$307,20051.7%3.8%
Plantation1,013$82,167$246,00035.9%7.2%
Wheelwright964N/A$72,0009.1%40.7%
Rolling Hills982$84,375$275,30047.5%18.1%

Population Overview

Philpot is a small community located in Kentucky, within Daviess County. The total population is 1,036. It ranks as the 237th most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in Philpot is 48.3 years. This is 24% higher than the state median of 39.1 years. With 28.5% of the population under 18, Philpot has a notably young demographic profile, suggesting a family-oriented community. 10.8% 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 Philpot is $87,692. This is 38% higher than the state median of $63,726. It is also 9% higher than the national median of $80,734. The poverty rate stands at 1.2%. This is 93% lower than the state poverty rate of 16.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.5%. This is 13% higher than the state rate of 4.9%. The median home value is $240,900. Housing costs are 17% higher than the state median of $205,600. With a home-value-to-income ratio of just 2.7x, Philpot 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

Every resident counted in Philpot was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.

Education

42.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% higher than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample.

Data Sources & Methodology

All demographic data for Philpot, 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 Philpot, Kentucky?

Philpot, Kentucky has a population of 1,036 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Philpot, KY?

The median household income in Philpot is $87,692, which is 9% higher than the national median of $80,734.

What is the poverty rate in Philpot, KY?

The poverty rate in Philpot is 1.2%. This means approximately 12 residents live below the federal poverty line.

What is the racial makeup of Philpot, Kentucky?

Philpot's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Philpot, KY?

The median home value in Philpot is $240,900. The home-value-to-income ratio is 2.7x.

How educated is Philpot, Kentucky?

42.4% of adults (25+) in Philpot hold a bachelor's degree or higher, and 12.2% hold a graduate or professional degree.