Graymoor-Devondale, KY
Population 2,838 · Kentucky
About Graymoor-Devondale, KY
Graymoor-Devondale is a small town located in Kentucky with a population of 2,838 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,972 per year, which is 21% above the national median of $75,149. The median age of 52.2 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 Graymoor-Devondale features a median home value of $330,300, which is 35% above the national median of $244,900. This positions Graymoor-Devondale in a moderately priced market relative to the rest of the country. Median monthly rent is $1,373, 18% above the national average of $1,163/month. Of the 1,324 total housing units, 79% are owner-occupied (971 units) and 21% are renter-occupied (263 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Graymoor-Devondale shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Graymoor-Devondale have an average one-way commute time of 20.3 minutes.
Education & Demographics
54.0% of Graymoor-Devondale residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.1% White, 1.1% Hispanic or Latino, 0.6% Black or African American, and 4.1% Asian residents, with 7.3% of the population being foreign-born.
Cost of Living in Graymoor-Devondale, KY
Compared to national averages, Graymoor-Devondale has a median household income of $90,972 (21% above the national median of $75,149). Home values average $330,300, which is 35% above the national median. Monthly rent at $1,373 is 18% above the US average of $1,163. Within Kentucky, Graymoor-Devondale's income is 37% above the state average of $66,273, and home values are 81% above the state median of $182,504.
Why Live in Graymoor-Devondale, KY?
Graymoor-Devondale offers a strong local economy with a median household income of $90,972, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 54.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 10.2%, better than the national average, and short commute times averaging just 20.3 minutes.
Graymoor-Devondale has a population of 2,838 with a median age of 52.2 years. Compare Graymoor-Devondale with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Graymoor-Devondale
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lakeside Park | 2,827 | $108,971 | $346,600 | Compare |
| Providence | 2,861 | $53,208 | $66,800 | Compare |
| Irvine | 2,811 | $36,292 | $123,400 | Compare |
| Rineyville | 2,869 | $82,037 | $234,900 | Compare |
| Indian Hills | 2,870 | $188,750 | $666,200 | Compare |
| Springfield | 2,871 | $40,890 | $154,800 | Compare |
| Brandenburg | 2,907 | $48,281 | $208,100 | Compare |
| Marion | 2,908 | $40,691 | $104,100 | 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 Graymoor-Devondale With Other Cities
Frequently Asked Questions about Graymoor-Devondale
What is the population of Graymoor-Devondale, KY?
The population of Graymoor-Devondale, KY is 2,838 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Kentucky.
What is the median household income in Graymoor-Devondale?
The median household income in Graymoor-Devondale, KY is $90,972 per year, which is 21% above the national median of $75,149.
What is the median home value in Graymoor-Devondale?
The median home value in Graymoor-Devondale, KY is $330,300, which is 35% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Graymoor-Devondale?
The median monthly rent in Graymoor-Devondale, KY is $1,373, which is 18% above the national average of $1,163/month.
What is the unemployment rate in Graymoor-Devondale?
The unemployment rate in Graymoor-Devondale, KY is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Graymoor-Devondale, KY a good place to live?
Graymoor-Devondale offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,838 and a median age of 52.2, the city appeals to established professionals and retirees.
How educated is Graymoor-Devondale, KY?
54.0% of residents in Graymoor-Devondale aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Graymoor-Devondale?
Key cost-of-living indicators for Graymoor-Devondale, KY: median home value is $330,300 (35% above national), median rent is $1,373/month, and median household income is $90,972. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Graymoor-Devondale?
The poverty rate in Graymoor-Devondale, KY is 10.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Graymoor-Devondale, KY?
Graymoor-Devondale's population is 1.1% White, 1.1% Hispanic or Latino, 0.6% Black or African American, 4.1% Asian, and 2.5% two or more races. 7.3% of residents are foreign-born.