Gracey, KY
Population 53 · Kentucky
About Gracey, KY
Gracey is a small community located in Kentucky with a population of 53 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 70.6 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 Gracey features a median home value of $0, which is 100% below the national median of $244,900. This makes Gracey 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 68 total housing units, 100% are owner-occupied (28 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gracey shows an unemployment rate of 100.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Gracey have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Gracey 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 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Gracey, KY
Compared to national averages, Gracey has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Kentucky, Gracey's income is 100% below the state average of $66,273, and home values are 100% below the state median of $182,504.
Why Live in Gracey, KY?
Gracey offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 0.0%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Gracey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gracey has a population of 53 with a median age of 70.6 years. Compare Gracey 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 Gracey
What is the population of Gracey, KY?
The population of Gracey, KY is 53 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 Gracey?
The median household income in Gracey, KY is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Gracey?
The median home value in Gracey, KY is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gracey?
The median monthly rent in Gracey, KY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Gracey?
The unemployment rate in Gracey, KY is 100.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Gracey, KY a good place to live?
Gracey offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 53 and a median age of 70.6, the city appeals to established professionals and retirees.
How educated is Gracey, KY?
0.0% of residents in Gracey 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 Gracey?
Key cost-of-living indicators for Gracey, KY: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Gracey?
The poverty rate in Gracey, KY is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Gracey, KY?
Gracey's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 64.2% two or more races. 0.0% of residents are foreign-born.