Lebanon, KY
Population 6,364 · Kentucky
About Lebanon, KY
Lebanon is a small town located in Kentucky with a population of 6,364 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,483 per year, which is 47% below the national median of $75,149. The median age of 34.9 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 Lebanon features a median home value of $130,100, which is 47% below the national median of $244,900. This makes Lebanon one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $702, 40% below the national average of $1,163/month. Of the 2,809 total housing units, 56% are owner-occupied (1,397 units) and 44% are renter-occupied (1,119 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lebanon shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 31.6%, above the national average of 12.4%. Workers in Lebanon have an average one-way commute time of 17.1 minutes, one of the shorter commutes in the region.
Education & Demographics
8.3% of Lebanon 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 6.2% White, 0.8% Hispanic or Latino, 0.2% Black or African American, and 3.4% Asian residents, with 4.9% of the population being foreign-born.
Cost of Living in Lebanon, KY
Compared to national averages, Lebanon has a median household income of $39,483 (47% below the national median of $75,149). Home values average $130,100, which is 47% below the national median. Monthly rent at $702 is 40% below the US average of $1,163. Within Kentucky, Lebanon's income is 40% below the state average of $66,273, and home values are 29% below the state median of $182,504.
Why Live in Lebanon, KY?
Lebanon offers affordable housing with a median home value of $130,100, below the US average of $244,900, and rent that’s lower than the national average at $702/month, and short commute times averaging just 17.1 minutes.
Potential considerations include median household income ($39,483) that falls below the national average. However, Lebanon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lebanon has a population of 6,364 with a median age of 34.9 years. Compare Lebanon with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Lebanon
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cynthiana | 6,412 | $49,817 | $154,700 | Compare |
| Cold Spring | 6,298 | $80,172 | $235,200 | Compare |
| Leitchfield | 6,434 | $47,168 | $156,700 | Compare |
| Crestwood | 6,275 | $101,086 | $315,100 | Compare |
| Princeton | 6,242 | $51,875 | $89,700 | Compare |
| Highland Heights | 6,531 | $52,437 | $148,600 | Compare |
| Hebron | 6,637 | $101,980 | $216,400 | Compare |
| Wilmore | 6,031 | $64,245 | $210,700 | 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 Lebanon With Other Cities
Frequently Asked Questions about Lebanon
What is the population of Lebanon, KY?
The population of Lebanon, KY is 6,364 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 Lebanon?
The median household income in Lebanon, KY is $39,483 per year, which is 47% below the national median of $75,149.
What is the median home value in Lebanon?
The median home value in Lebanon, KY is $130,100, which is 47% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lebanon?
The median monthly rent in Lebanon, KY is $702, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Lebanon?
The unemployment rate in Lebanon, KY is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lebanon, KY a good place to live?
Lebanon offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 6,364 and a median age of 34.9, the city appeals to young professionals and families.
How educated is Lebanon, KY?
8.3% of residents in Lebanon 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 Lebanon?
Key cost-of-living indicators for Lebanon, KY: median home value is $130,100 (47% below national), median rent is $702/month, and median household income is $39,483. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lebanon?
The poverty rate in Lebanon, KY is 31.6%, 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 Lebanon, KY?
Lebanon's population is 6.2% White, 0.8% Hispanic or Latino, 0.2% Black or African American, 3.4% Asian, and 16.1% two or more races. 4.9% of residents are foreign-born.