Raceland, KY
Population 2,173 · Kentucky
About Raceland, KY
Raceland is a small town located in Kentucky with a population of 2,173 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,923 per year, which is 18% below the national median of $75,149. The median age of 44 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 Raceland features a median home value of $117,800, which is 52% below the national median of $244,900. This makes Raceland one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $809, 30% below the national average of $1,163/month. Of the 1,120 total housing units, 78% are owner-occupied (801 units) and 22% are renter-occupied (231 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Raceland shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 22.1%, above the national average of 12.4%. Workers in Raceland have an average one-way commute time of 21.9 minutes.
Education & Demographics
22.4% of Raceland 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, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Raceland, KY
Compared to national averages, Raceland has a median household income of $61,923 (18% below the national median of $75,149). Home values average $117,800, which is 52% below the national median. Monthly rent at $809 is 30% below the US average of $1,163. Within Kentucky, Raceland's income is 7% below the state average of $66,273, and home values are 35% below the state median of $182,504.
Why Live in Raceland, KY?
Raceland offers affordable housing with a median home value of $117,800, below the US average of $244,900, and rent that’s lower than the national average at $809/month, and short commute times averaging just 21.9 minutes.
Potential considerations include median household income ($61,923) that falls below the national average. However, Raceland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Raceland has a population of 2,173 with a median age of 44 years. Compare Raceland with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Raceland
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Edmonton | 2,168 | $48,583 | $96,200 | Compare |
| Elkton | 2,158 | $45,417 | $111,300 | Compare |
| Windy Hills | 2,188 | $105,875 | $370,900 | Compare |
| Lebanon Junction | 2,201 | $52,000 | $134,700 | Compare |
| Greensburg | 2,218 | $37,321 | $117,700 | Compare |
| Jackson | 2,128 | $34,317 | $75,900 | Compare |
| Cumberland | 2,234 | $35,309 | $61,600 | Compare |
| Brooks | 2,246 | $70,947 | $203,600 | 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 Raceland With Other Cities
Frequently Asked Questions about Raceland
What is the population of Raceland, KY?
The population of Raceland, KY is 2,173 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 Raceland?
The median household income in Raceland, KY is $61,923 per year, which is 18% below the national median of $75,149.
What is the median home value in Raceland?
The median home value in Raceland, KY is $117,800, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Raceland?
The median monthly rent in Raceland, KY is $809, which is 30% below the national average of $1,163/month.
What is the unemployment rate in Raceland?
The unemployment rate in Raceland, KY is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Raceland, KY a good place to live?
Raceland offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,173 and a median age of 44, the city appeals to a broad range of residents.
How educated is Raceland, KY?
22.4% of residents in Raceland 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 Raceland?
Key cost-of-living indicators for Raceland, KY: median home value is $117,800 (52% below national), median rent is $809/month, and median household income is $61,923. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Raceland?
The poverty rate in Raceland, KY is 22.1%, 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 Raceland, KY?
Raceland's population is 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.2% two or more races. 0.2% of residents are foreign-born.