Nicholasville, KY
Population 31,625 · Kentucky
About Nicholasville, KY
Nicholasville is a mid-sized city in Kentucky with a population of 31,625 residents. The median household income is $67,514 per year, which is near the national average. The median age in Nicholasville is 38.2 years.
Housing in Nicholasville has a median home value of $210,700 and median monthly rent of $996. Of the 12,518 total housing units, the majority are owner-occupied, with 7,471 owner-occupied and 4,426 renter-occupied units.
The unemployment rate in Nicholasville is 3.3% and the poverty rate is 12.4%. 27.0% of residents hold a bachelor's degree or higher. The average commute time is 24.7 minutes.
How Nicholasville Ranks in Kentucky
Cost of Living in Nicholasville, KY
Compared to national averages, Nicholasville has a median household income of $67,514 (10% below the national median of $75,149). Home values average $210,700, which is 14% below the national median. Monthly rent at $996 is 14% below the US average of $1,163. Within Kentucky, Nicholasville's income is 2% above the state average of $66,273, and home values are 15% above the state median of $182,504.
Why Live in Nicholasville, KY?
Nicholasville offers affordable housing with a median home value of $210,700, below the US average of $244,900, and rent that’s lower than the national average at $996/month, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features short commute times averaging just 24.7 minutes.
Potential considerations include median household income ($67,514) that falls below the national average. However, Nicholasville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Nicholasville has a population of 31,625 with a median age of 38.2 years. Compare Nicholasville with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Nicholasville
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Elizabethtown | 31,870 | $56,250 | $223,200 | Compare |
| Hopkinsville | 31,011 | $47,428 | $140,200 | Compare |
| Florence | 32,334 | $68,508 | $196,200 | Compare |
| Independence | 29,024 | $98,653 | $240,500 | Compare |
| Jeffersontown | 28,988 | $78,185 | $236,800 | Compare |
| Frankfort | 28,452 | $54,438 | $171,600 | Compare |
| Henderson | 27,994 | $47,176 | $151,400 | Compare |
| Richmond | 35,498 | $48,223 | $205,900 | 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 Nicholasville
What is the population of Nicholasville, KY?
The population of Nicholasville, KY is 31,625 according to the latest Census data.
What is the median household income in Nicholasville?
The median household income in Nicholasville, KY is $67,514 per year.
What is the median home value in Nicholasville?
The median home value in Nicholasville, KY is $210,700.
What is the average rent in Nicholasville?
The median monthly rent in Nicholasville, KY is $996.
What is the unemployment rate in Nicholasville?
The unemployment rate in Nicholasville, KY is 3.3%.