Mayfield, KY
Population 9,905 · Kentucky
About Mayfield, KY
Mayfield is a small town located in Kentucky with a population of 9,905 residents according to the latest US Census Bureau American Community Survey data. The median household income is $41,458 per year, which is 45% below the national median of $75,149. The median age of 37.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Mayfield features a median home value of $114,400, which is 53% below the national median of $244,900. This makes Mayfield one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $598, 49% below the national average of $1,163/month. Of the 5,059 total housing units, 64% are owner-occupied (2,727 units) and 36% are renter-occupied (1,525 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Mayfield shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 30.7%, above the national average of 12.4%. Workers in Mayfield have an average one-way commute time of 15.6 minutes, one of the shorter commutes in the region.
Education & Demographics
22.0% of Mayfield 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 14.3% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 1.0% Asian residents, with 6.5% of the population being foreign-born.
How Mayfield Ranks in Kentucky
Cost of Living in Mayfield, KY
Compared to national averages, Mayfield has a median household income of $41,458 (45% below the national median of $75,149). Home values average $114,400, which is 53% below the national median. Monthly rent at $598 is 49% below the US average of $1,163. Within Kentucky, Mayfield's income is 37% below the state average of $66,273, and home values are 37% below the state median of $182,504.
Why Live in Mayfield, KY?
Mayfield offers affordable housing with a median home value of $114,400, below the US average of $244,900, and rent that’s lower than the national average at $598/month, and short commute times averaging just 15.6 minutes.
Potential considerations include median household income ($41,458) that falls below the national average. However, Mayfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mayfield has a population of 9,905 with a median age of 37.1 years. Compare Mayfield with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Mayfield
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Paris | 10,107 | $49,464 | $182,100 | Compare |
| La Grange | 10,188 | $86,222 | $268,000 | Compare |
| Middletown | 9,622 | $74,129 | $298,900 | Compare |
| Franklin | 10,254 | $55,552 | $170,400 | Compare |
| Francisville | 10,313 | $146,280 | $374,100 | Compare |
| Oakbrook | 9,459 | $90,147 | $250,900 | Compare |
| Versailles | 10,382 | $58,834 | $257,600 | Compare |
| Alexandria | 10,430 | $103,750 | $253,400 | 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 Mayfield With Other Cities
Frequently Asked Questions about Mayfield
What is the population of Mayfield, KY?
The population of Mayfield, KY is 9,905 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 Mayfield?
The median household income in Mayfield, KY is $41,458 per year, which is 45% below the national median of $75,149.
What is the median home value in Mayfield?
The median home value in Mayfield, KY is $114,400, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mayfield?
The median monthly rent in Mayfield, KY is $598, which is 49% below the national average of $1,163/month.
What is the unemployment rate in Mayfield?
The unemployment rate in Mayfield, KY is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mayfield, KY a good place to live?
Mayfield offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 9,905 and a median age of 37.1, the city appeals to a broad range of residents.
How educated is Mayfield, KY?
22.0% of residents in Mayfield 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 Mayfield?
Key cost-of-living indicators for Mayfield, KY: median home value is $114,400 (53% below national), median rent is $598/month, and median household income is $41,458. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mayfield?
The poverty rate in Mayfield, KY is 30.7%, 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 Mayfield, KY?
Mayfield's population is 14.3% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 1.0% Asian, and 12.6% two or more races. 6.5% of residents are foreign-born.