Fordsville, KY
Population 488 · Kentucky
About Fordsville, KY
Fordsville is a small community located in Kentucky with a population of 488 residents according to the latest US Census Bureau American Community Survey data. The median household income is $33,750 per year, which is 55% below the national median of $75,149. The median age of 35.5 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 Fordsville features a median home value of $50,000, which is 80% below the national median of $244,900. This makes Fordsville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $438, 62% below the national average of $1,163/month. Of the 196 total housing units, 65% are owner-occupied (88 units) and 35% are renter-occupied (47 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Fordsville shows an unemployment rate of 1.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 20.3%, above the national average of 12.4%. Workers in Fordsville have an average one-way commute time of 29.5 minutes.
Education & Demographics
7.0% of Fordsville 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, 0.6% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Fordsville Ranks in Kentucky
Cost of Living in Fordsville, KY
Compared to national averages, Fordsville has a median household income of $33,750 (55% below the national median of $75,149). Home values average $50,000, which is 80% below the national median. Monthly rent at $438 is 62% below the US average of $1,163. Within Kentucky, Fordsville's income is 49% below the state average of $66,273, and home values are 73% below the state median of $182,504.
Why Live in Fordsville, KY?
Fordsville offers affordable housing with a median home value of $50,000, below the US average of $244,900, and rent that’s lower than the national average at $438/month, and a strong job market with an unemployment rate of just 1.2%.
Potential considerations include median household income ($33,750) that falls below the national average. However, Fordsville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fordsville has a population of 488 with a median age of 35.5 years. Compare Fordsville with other cities to see how it stacks up, or explore all cities in Kentucky.
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Demographics
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Economy & Education
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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 Fordsville
What is the population of Fordsville, KY?
The population of Fordsville, KY is 488 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 Fordsville?
The median household income in Fordsville, KY is $33,750 per year, which is 55% below the national median of $75,149.
What is the median home value in Fordsville?
The median home value in Fordsville, KY is $50,000, which is 80% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fordsville?
The median monthly rent in Fordsville, KY is $438, which is 62% below the national average of $1,163/month.
What is the unemployment rate in Fordsville?
The unemployment rate in Fordsville, KY is 1.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Fordsville, KY a good place to live?
Fordsville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 488 and a median age of 35.5, the city appeals to a broad range of residents.
How educated is Fordsville, KY?
7.0% of residents in Fordsville 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 Fordsville?
Key cost-of-living indicators for Fordsville, KY: median home value is $50,000 (80% below national), median rent is $438/month, and median household income is $33,750. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fordsville?
The poverty rate in Fordsville, KY is 20.3%, 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 Fordsville, KY?
Fordsville's population is 0.0% White, 0.0% Hispanic or Latino, 0.6% Black or African American, 0.0% Asian, and 30.9% two or more races. 0.0% of residents are foreign-born.