Centertown, KY
Population 347 · Kentucky
About Centertown, KY
Centertown is a small community located in Kentucky with a population of 347 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,875 per year, which is 38% below the national median of $75,149. The median age of 39.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Centertown features a median home value of $91,800, which is 63% below the national median of $244,900. This makes Centertown one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $919, 21% below the national average of $1,163/month. Of the 136 total housing units, 76% are owner-occupied (97 units) and 24% are renter-occupied (31 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Centertown shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 31.2%, above the national average of 12.4%. Workers in Centertown have an average one-way commute time of 34 minutes.
Education & Demographics
5.9% of Centertown 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, 4.0% Hispanic or Latino, 1.7% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Centertown, KY
Compared to national averages, Centertown has a median household income of $46,875 (38% below the national median of $75,149). Home values average $91,800, which is 63% below the national median. Monthly rent at $919 is 21% below the US average of $1,163. Within Kentucky, Centertown's income is 29% below the state average of $66,273, and home values are 50% below the state median of $182,504.
Why Live in Centertown, KY?
Centertown offers affordable housing with a median home value of $91,800, below the US average of $244,900, and rent that’s lower than the national average at $919/month.
Potential considerations include median household income ($46,875) that falls below the national average. However, Centertown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Centertown has a population of 347 with a median age of 39.5 years. Compare Centertown with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Centertown
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hollyvilla | 348 | $56,719 | $157,800 | Compare |
| Hunters Hollow | 351 | $73,929 | $192,500 | Compare |
| Lakeview Heights | 342 | $82,917 | $189,500 | Compare |
| Trenton | 342 | $93,750 | $169,100 | Compare |
| McHenry | 355 | $39,583 | $74,600 | Compare |
| Gamaliel | 359 | $37,000 | $82,800 | Compare |
| Warfield | 335 | $82,530 | $92,500 | Compare |
| Willisburg | 359 | $56,042 | $150,000 | Compare |
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 Centertown With Other Cities
Frequently Asked Questions about Centertown
What is the population of Centertown, KY?
The population of Centertown, KY is 347 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 Centertown?
The median household income in Centertown, KY is $46,875 per year, which is 38% below the national median of $75,149.
What is the median home value in Centertown?
The median home value in Centertown, KY is $91,800, which is 63% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Centertown?
The median monthly rent in Centertown, KY is $919, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Centertown?
The unemployment rate in Centertown, KY is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Centertown, KY a good place to live?
Centertown offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 347 and a median age of 39.5, the city appeals to a broad range of residents.
How educated is Centertown, KY?
5.9% of residents in Centertown 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 Centertown?
Key cost-of-living indicators for Centertown, KY: median home value is $91,800 (63% below national), median rent is $919/month, and median household income is $46,875. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Centertown?
The poverty rate in Centertown, KY is 31.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Centertown, KY?
Centertown's population is 0.0% White, 4.0% Hispanic or Latino, 1.7% Black or African American, 0.0% Asian, and 0.3% two or more races. 0.0% of residents are foreign-born.