Fancy Farm, KY
Population 323 · Kentucky
About Fancy Farm, KY
Fancy Farm is a small community located in Kentucky with a population of 323 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,536 per year, which is 23% below the national median of $75,149. The median age of 51.6 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 Fancy Farm features a median home value of $110,600, which is 55% below the national median of $244,900. This makes Fancy Farm one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $497, 57% below the national average of $1,163/month. Of the 159 total housing units, 66% are owner-occupied (105 units) and 34% are renter-occupied (54 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Fancy Farm 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 26.0%, above the national average of 12.4%. Workers in Fancy Farm have an average one-way commute time of 32.5 minutes.
Education & Demographics
11.3% of Fancy Farm 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 2.5% of the population being foreign-born.
How Fancy Farm Ranks in Kentucky
Cost of Living in Fancy Farm, KY
Compared to national averages, Fancy Farm has a median household income of $57,536 (23% below the national median of $75,149). Home values average $110,600, which is 55% below the national median. Monthly rent at $497 is 57% below the US average of $1,163. Within Kentucky, Fancy Farm's income is 13% below the state average of $66,273, and home values are 39% below the state median of $182,504.
Why Live in Fancy Farm, KY?
Fancy Farm offers affordable housing with a median home value of $110,600, below the US average of $244,900, and rent that’s lower than the national average at $497/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($57,536) that falls below the national average. However, Fancy Farm’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fancy Farm has a population of 323 with a median age of 51.6 years. Compare Fancy Farm with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Fancy Farm
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Glencoe | 325 | $43,542 | $150,000 | Compare |
| Ezel | 327 | $38,000 | $99,800 | Compare |
| Brownsboro Village | 317 | $91,250 | $368,300 | Compare |
| Richlawn | 331 | $121,875 | $398,200 | Compare |
| Warfield | 335 | $82,530 | $92,500 | Compare |
| St. Charles | 308 | $40,000 | $54,500 | Compare |
| Woodburn | 307 | $71,667 | $162,500 | Compare |
| Fountain Run | 306 | $57,593 | $107,800 | 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 Fancy Farm With Other Cities
Frequently Asked Questions about Fancy Farm
What is the population of Fancy Farm, KY?
The population of Fancy Farm, KY is 323 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 Fancy Farm?
The median household income in Fancy Farm, KY is $57,536 per year, which is 23% below the national median of $75,149.
What is the median home value in Fancy Farm?
The median home value in Fancy Farm, KY is $110,600, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fancy Farm?
The median monthly rent in Fancy Farm, KY is $497, which is 57% below the national average of $1,163/month.
What is the unemployment rate in Fancy Farm?
The unemployment rate in Fancy Farm, 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 Fancy Farm, KY a good place to live?
Fancy Farm offers a moderate cost of living, affordable housing, and a strong job market. With a population of 323 and a median age of 51.6, the city appeals to established professionals and retirees.
How educated is Fancy Farm, KY?
11.3% of residents in Fancy Farm 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 Fancy Farm?
Key cost-of-living indicators for Fancy Farm, KY: median home value is $110,600 (55% below national), median rent is $497/month, and median household income is $57,536. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fancy Farm?
The poverty rate in Fancy Farm, KY is 26.0%, 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 Fancy Farm, KY?
Fancy Farm's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 10.8% two or more races. 2.5% of residents are foreign-born.