Owenton, KY
Population 1,600 · Kentucky
About Owenton, KY
Owenton is a small town located in Kentucky with a population of 1,600 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,121 per year, which is 31% below the national median of $75,149. The median age of 43 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 Owenton features a median home value of $124,300, which is 49% below the national median of $244,900. This makes Owenton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $664, 43% below the national average of $1,163/month. Of the 739 total housing units, 56% are owner-occupied (338 units) and 44% are renter-occupied (270 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Owenton shows an unemployment rate of 6.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.4%, above the national average of 12.4%. Workers in Owenton have an average one-way commute time of 31.7 minutes.
Education & Demographics
11.7% of Owenton 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, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Owenton, KY
Compared to national averages, Owenton has a median household income of $52,121 (31% below the national median of $75,149). Home values average $124,300, which is 49% below the national median. Monthly rent at $664 is 43% below the US average of $1,163. Within Kentucky, Owenton's income is 21% below the state average of $66,273, and home values are 32% below the state median of $182,504.
Why Live in Owenton, KY?
Owenton offers affordable housing with a median home value of $124,300, below the US average of $244,900, and rent that’s lower than the national average at $664/month.
Potential considerations include median household income ($52,121) that falls below the national average. However, Owenton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Owenton has a population of 1,600 with a median age of 43 years. Compare Owenton with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Owenton
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Breckinridge Center | 1,592 | $62,269 | $0 | Compare |
| West Buechel | 1,624 | $47,066 | $152,600 | Compare |
| Ledbetter | 1,630 | $62,798 | $115,000 | Compare |
| Jenkins | 1,569 | $34,400 | $65,600 | Compare |
| Taylorsville | 1,566 | $41,917 | $148,500 | Compare |
| South Shore | 1,561 | $29,000 | $85,900 | Compare |
| Catlettsburg | 1,672 | $34,524 | $71,400 | Compare |
| Augusta | 1,514 | $43,854 | $100,700 | 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 Owenton With Other Cities
Frequently Asked Questions about Owenton
What is the population of Owenton, KY?
The population of Owenton, KY is 1,600 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 Owenton?
The median household income in Owenton, KY is $52,121 per year, which is 31% below the national median of $75,149.
What is the median home value in Owenton?
The median home value in Owenton, KY is $124,300, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Owenton?
The median monthly rent in Owenton, KY is $664, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Owenton?
The unemployment rate in Owenton, KY is 6.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Owenton, KY a good place to live?
Owenton offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,600 and a median age of 43, the city appeals to a broad range of residents.
How educated is Owenton, KY?
11.7% of residents in Owenton 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 Owenton?
Key cost-of-living indicators for Owenton, KY: median home value is $124,300 (49% below national), median rent is $664/month, and median household income is $52,121. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Owenton?
The poverty rate in Owenton, KY is 14.4%, 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 Owenton, KY?
Owenton's population is 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 0.7% two or more races. 0.6% of residents are foreign-born.