Coldiron, KY
Population 247 · Kentucky
About Coldiron, KY
Coldiron is a small community located in Kentucky with a population of 247 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,011 per year, which is 24% below the national median of $75,149. The median age of 31.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Coldiron features a median home value of $83,700, which is 66% below the national median of $244,900. This makes Coldiron one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 79 total housing units, 100% are owner-occupied (79 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Coldiron shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Coldiron have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
7.7% of Coldiron 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, 8.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Coldiron, KY
Compared to national averages, Coldiron has a median household income of $57,011 (24% below the national median of $75,149). Home values average $83,700, which is 66% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Kentucky, Coldiron's income is 14% below the state average of $66,273, and home values are 54% below the state median of $182,504.
Why Live in Coldiron, KY?
Coldiron offers affordable housing with a median home value of $83,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 8.9%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($57,011) that falls below the national average. However, Coldiron’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Coldiron has a population of 247 with a median age of 31.8 years. Compare Coldiron with other cities to see how it stacks up, or explore all cities in Kentucky.
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Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Coldiron
What is the population of Coldiron, KY?
The population of Coldiron, KY is 247 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 Coldiron?
The median household income in Coldiron, KY is $57,011 per year, which is 24% below the national median of $75,149.
What is the median home value in Coldiron?
The median home value in Coldiron, KY is $83,700, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Coldiron?
The median monthly rent in Coldiron, KY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Coldiron?
The unemployment rate in Coldiron, KY is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Coldiron, KY a good place to live?
Coldiron offers a moderate cost of living, affordable housing, and a strong job market. With a population of 247 and a median age of 31.8, the city appeals to young professionals and families.
How educated is Coldiron, KY?
7.7% of residents in Coldiron 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 Coldiron?
Key cost-of-living indicators for Coldiron, KY: median home value is $83,700 (66% below national), median rent is $0/month, and median household income is $57,011. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Coldiron?
The poverty rate in Coldiron, KY is 8.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Coldiron, KY?
Coldiron's population is 0.0% White, 8.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.