Forest Hills, KY
Population 374 · Kentucky
About Forest Hills, KY
Forest Hills is a small community located in Kentucky with a population of 374 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,667 per year, which is 2% above the national median of $75,149. The median age of 56.7 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 Forest Hills features a median home value of $241,200, which is 2% below the national median of $244,900. This positions Forest Hills in a moderately priced market relative to the rest of the country. Median monthly rent is $1,773, 52% above the national average of $1,163/month. Of the 184 total housing units, 85% are owner-occupied (141 units) and 15% are renter-occupied (25 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Forest Hills shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Forest Hills have an average one-way commute time of 22.6 minutes.
Education & Demographics
32.7% of Forest Hills residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.3% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 5.1% of the population being foreign-born.
Cost of Living in Forest Hills, KY
Compared to national averages, Forest Hills has a median household income of $76,667 (2% above the national median of $75,149). Home values average $241,200, which is 2% below the national median. Monthly rent at $1,773 is 52% above the US average of $1,163. Within Kentucky, Forest Hills's income is 16% above the state average of $66,273, and home values are 32% above the state median of $182,504.
Why Live in Forest Hills, KY?
Forest Hills offers a strong local economy with a median household income of $76,667, well above the national average, and affordable housing with a median home value of $241,200, below the US average of $244,900, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features a low poverty rate of 7.5%, better than the national average, and short commute times averaging just 22.6 minutes.
Forest Hills has a population of 374 with a median age of 56.7 years. Compare Forest Hills with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Forest Hills
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Meadowview Estates | 373 | $70,469 | $210,700 | Compare |
| Sacramento | 373 | $25,455 | $80,800 | Compare |
| Creekside | 378 | $130,300 | $299,200 | Compare |
| Old Brownsboro Place | 367 | $156,250 | $458,800 | Compare |
| Sadieville | 385 | $59,688 | $158,300 | Compare |
| Spring Mill | 363 | $123,750 | $281,900 | Compare |
| Symsonia | 386 | $0 | $225,000 | Compare |
| Phelps | 387 | $28,542 | $111,600 | 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.
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Frequently Asked Questions about Forest Hills
What is the population of Forest Hills, KY?
The population of Forest Hills, KY is 374 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 Forest Hills?
The median household income in Forest Hills, KY is $76,667 per year, which is 2% above the national median of $75,149.
What is the median home value in Forest Hills?
The median home value in Forest Hills, KY is $241,200, which is 2% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Forest Hills?
The median monthly rent in Forest Hills, KY is $1,773, which is 52% above the national average of $1,163/month.
What is the unemployment rate in Forest Hills?
The unemployment rate in Forest Hills, KY is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Forest Hills, KY a good place to live?
Forest Hills offers above-average incomes, affordable housing, and a strong job market. With a population of 374 and a median age of 56.7, the city appeals to established professionals and retirees.
How educated is Forest Hills, KY?
32.7% of residents in Forest Hills 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 Forest Hills?
Key cost-of-living indicators for Forest Hills, KY: median home value is $241,200 (2% below national), median rent is $1,773/month, and median household income is $76,667. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Forest Hills?
The poverty rate in Forest Hills, KY is 7.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Forest Hills, KY?
Forest Hills's population is 0.3% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 2.7% two or more races. 5.1% of residents are foreign-born.