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Wayland, Kentucky Demographics & Population 2026

During the 2020–2024 ACS period, Wayland, Kentucky had a total population of 316, the 419th largest city in Kentucky, with a median household income of $28,333, which is 56% lower than the state average. The poverty rate is 48.3%.

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

Key Takeaways

Wayland Quick Facts

Population 316
Median Household Income $28,333
Median Home Value $40,500
Poverty Rate 48.3%
Unemployment Rate 7.5%
Median Age 37.3 years
Homeownership Rate 65.1%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 14.1%
High School Graduation Rate 82.0%
Diversity Index 11/100
Population 316 419th of 552
Median Income $28,333 bottom 10%
Poverty Rate 48.3% 288% higher than national
Median Home Value $40,500 bottom 10%

How Wayland 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
Population360316-12.2%
Median household income$31,042$28,333-8.7%
Median home value$21,800$40,500+85.8%

How Wayland Compares

Economy & Housing

Household Income Distribution

Under $25K 44.3%
$25K-$50K 16.0%
$50K-$100K 21.7%
$100K+ 17.9%
Detailed income brackets
Under $10K
13.2%
$10K-$15K
4.7%
$15K-$20K
20.8%
$20K-$25K
5.7%
$25K-$30K
11.3%
$30K-$35K
3.8%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
0.9%
$50K-$60K
7.5%
$60K-$75K
13.2%
$75K-$100K
0.9%
$100K-$125K
7.5%
$125K-$150K
6.6%
$150K-$200K
0.0%
$200K+
3.8%

Employment

7.5% Unemployment Rate State: 4.9%|National: 5.2%
43.0% Labor Force Participation

Housing Overview

Owner 65.1%
Renter 34.9%
Affordability Index Very Affordable
1.4x home value to income ratio
Median gross rent $633/mo 26.8% of median household income annually

People & Demographics

Diversity Index

11out 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

Wayland Rankings in Kentucky

#419 Population of 552
#466 Median Income of 496
#338 Education of 550
#494 Home Value of 495

Other Cities in Floyd County

CityPopulationMedian IncomePovertyHome Value
Prestonsburg 3,765 $25,746 45.3% $161,300
Wheelwright 964 N/A 40.7% $72,000
McDowell 718 $14,474 72.4% $73,100
Auxier 651 $116,991 5.4% $110,600
Betsy Layne 557 $31,838 34.3% N/A
Martin 494 $30,682 39.7% N/A
Dwale 170 N/A 28.2% N/A
Allen 157 $36,250 23.1% $77,500
Maytown 11 N/A 0.0% N/A

Cities Similar to Wayland

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Millstone317N/AN/A0.0%0.0%
Phelps301N/A$102,7007.2%36.5%
Sacramento317$34,107$75,30010.0%32.8%
Big Clifty285N/A$117,80016.9%20.0%
Drakesboro320$34,375$75,5005.3%46.6%

A note before these figures: with a population of 316, Wayland'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

Wayland is a small community located in Kentucky, within Floyd County. The total population is 316. It ranks as the 419th most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in Wayland is 37.3 years. This is 5% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Wayland is $28,333. This is 56% lower than the state median of $63,726. It is also 65% lower than the national median of $80,734. The poverty rate stands at 48.3%. This is 201% 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 unemployment rate is 7.5%. This is 54% higher than the state rate of 4.9%. The median home value is $40,500. Housing costs are 80% lower than the state median of $205,600. With a home-value-to-income ratio of just 1.4x, Wayland is one of the most affordable housing markets in the area. 65.1% of occupied housing units are owner-occupied. This homeownership rate is 5% lower than the state average of 68.3%.

Race & Ethnicity

Wayland has a predominantly White (non-Hispanic) population, comprising 94.0% of all residents. Hispanic or Latino residents account for 4.4%. The Black or African American population (1.6%) is well below the state average of 7.5%.

Education

14.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% 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 82.0%.

Data Sources & Methodology

All demographic data for Wayland, 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 Wayland, Kentucky?

Wayland, Kentucky has a population of 316 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wayland, KY?

The median household income in Wayland is $28,333, which is 65% lower than the national median of $80,734.

What is the poverty rate in Wayland, KY?

The poverty rate in Wayland is 48.3%. This means approximately 146 residents live below the federal poverty line.

What is the racial makeup of Wayland, Kentucky?

Wayland's population is 94.0% White, 1.6% Black, 4.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Wayland, KY?

The median home value in Wayland is $40,500. The home-value-to-income ratio is 1.4x.

How educated is Wayland, Kentucky?

14.1% of adults (25+) in Wayland hold a bachelor's degree or higher, and 9.3% hold a graduate or professional degree.