Payne Gap, KY
Population 217 · Kentucky
About Payne Gap, KY
Payne Gap is a small community located in Kentucky with a population of 217 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 48.6 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 Payne Gap features a median home value of $0, which is 100% below the national median of $244,900. This makes Payne Gap one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 195 total housing units, 100% are owner-occupied (138 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Payne Gap shows an unemployment rate of 35.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 28.1%, above the national average of 12.4%. Workers in Payne Gap have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
4.3% of Payne Gap 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Payne Gap, KY
Compared to national averages, Payne Gap has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Kentucky, Payne Gap's income is 100% below the state average of $66,273, and home values are 100% below the state median of $182,504.
Why Live in Payne Gap, KY?
Payne Gap offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Payne Gap’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Payne Gap has a population of 217 with a median age of 48.6 years. Compare Payne Gap with other cities to see how it stacks up, or explore all cities in Kentucky.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Payne Gap
What is the population of Payne Gap, KY?
The population of Payne Gap, KY is 217 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kentucky.
What is the median household income in Payne Gap?
The median household income in Payne Gap, KY is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Payne Gap?
The median home value in Payne Gap, KY is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Payne Gap?
The median monthly rent in Payne Gap, KY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Payne Gap?
The unemployment rate in Payne Gap, KY is 35.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Payne Gap, KY a good place to live?
Payne Gap offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 217 and a median age of 48.6, the city appeals to established professionals and retirees.
How educated is Payne Gap, KY?
4.3% of residents in Payne Gap 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 Payne Gap?
Key cost-of-living indicators for Payne Gap, KY: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Payne Gap?
The poverty rate in Payne Gap, KY is 28.1%, 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 Payne Gap, KY?
Payne Gap's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.