Benham, KY
Population 628 · Kentucky
About Benham, KY
Benham is a small community located in Kentucky with a population of 628 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,652 per year, which is 30% below the national median of $75,149. The median age of 45 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Benham features a median home value of $54,500, which is 78% below the national median of $244,900. This makes Benham one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $723, 38% below the national average of $1,163/month. Of the 324 total housing units, 93% are owner-occupied (252 units) and 7% are renter-occupied (19 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Benham shows an unemployment rate of 8.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Benham have an average one-way commute time of 11.9 minutes, one of the shorter commutes in the region.
Education & Demographics
18.8% of Benham residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 1.9% Hispanic or Latino, 0.5% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Benham Ranks in Kentucky
Cost of Living in Benham, KY
Compared to national averages, Benham has a median household income of $52,652 (30% below the national median of $75,149). Home values average $54,500, which is 78% below the national median. Monthly rent at $723 is 38% below the US average of $1,163. Within Kentucky, Benham's income is 21% below the state average of $66,273, and home values are 70% below the state median of $182,504.
Why Live in Benham, KY?
Benham offers affordable housing with a median home value of $54,500, below the US average of $244,900, and rent that’s lower than the national average at $723/month, and a low poverty rate of 9.6%, better than the national average. Additionally, the city features short commute times averaging just 11.9 minutes.
Potential considerations include median household income ($52,652) that falls below the national average. However, Benham’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Benham has a population of 628 with a median age of 45 years. Compare Benham with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Benham
Cities in Kentucky with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Benham With Other Cities
Frequently Asked Questions about Benham
What is the population of Benham, KY?
The population of Benham, KY is 628 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kentucky.
What is the median household income in Benham?
The median household income in Benham, KY is $52,652 per year, which is 30% below the national median of $75,149.
What is the median home value in Benham?
The median home value in Benham, KY is $54,500, which is 78% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Benham?
The median monthly rent in Benham, KY is $723, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Benham?
The unemployment rate in Benham, KY is 8.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Benham, KY a good place to live?
Benham offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 628 and a median age of 45, the city appeals to a broad range of residents.
How educated is Benham, KY?
18.8% of residents in Benham aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Benham?
Key cost-of-living indicators for Benham, KY: median home value is $54,500 (78% below national), median rent is $723/month, and median household income is $52,652. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Benham?
The poverty rate in Benham, KY is 9.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Benham, KY?
Benham's population is 0.0% White, 1.9% Hispanic or Latino, 0.5% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.