Philpot, KY
Population 1,098 · Kentucky
About Philpot, KY
Philpot is a small community in Kentucky with a population of 1,098 residents. The median household income is $85,833 per year, which is above the national average. The median age in Philpot is 41.1 years.
Housing in Philpot has a median home value of $242,100 and median monthly rent of $0. Of the 429 total housing units, the majority are owner-occupied, with 333 owner-occupied and 81 renter-occupied units.
The unemployment rate in Philpot is 3.1% and the poverty rate is 8.8%. 42.6% of residents hold a bachelor's degree or higher. The average commute time is 17.2 minutes.
Cost of Living in Philpot, KY
Compared to national averages, Philpot has a median household income of $85,833 (14% above the national median of $75,149). Home values average $242,100, which is 1% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Kentucky, Philpot's income is 30% above the state average of $66,273, and home values are 33% above the state median of $182,504.
Why Live in Philpot, KY?
Philpot offers a strong local economy with a median household income of $85,833, well above the national average, and affordable housing with a median home value of $242,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 42.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.8%, better than the national average, and short commute times averaging just 17.2 minutes.
Philpot has a population of 1,098 with a median age of 41.1 years. Compare Philpot with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Philpot
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lewisburg | 1,093 | $37,684 | $101,000 | Compare |
| Northfield | 1,104 | $110,714 | $485,800 | Compare |
| Silver Grove | 1,104 | $46,315 | $103,400 | Compare |
| Heritage Creek | 1,090 | $96,696 | $245,900 | Compare |
| Clay | 1,112 | $43,884 | $75,600 | Compare |
| Earlington | 1,113 | $34,904 | $64,400 | Compare |
| Irvington | 1,129 | $48,750 | $113,500 | Compare |
| Brownsville | 1,066 | $37,500 | $156,800 | 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 Philpot
What is the population of Philpot, KY?
The population of Philpot, KY is 1,098 according to the latest Census data.
What is the median household income in Philpot?
The median household income in Philpot, KY is $85,833 per year.
What is the median home value in Philpot?
The median home value in Philpot, KY is $242,100.
What is the average rent in Philpot?
The median monthly rent in Philpot, KY is $0.
What is the unemployment rate in Philpot?
The unemployment rate in Philpot, KY is 3.1%.