Salt Lick, KY
Population 290 · Kentucky
About Salt Lick, KY
Salt Lick is a small community located in Kentucky with a population of 290 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,750 per year, which is 35% below the national median of $75,149. The median age of 38.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Salt Lick features a median home value of $111,300, which is 55% below the national median of $244,900. This makes Salt Lick one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $693, 40% below the national average of $1,163/month. Of the 122 total housing units, 59% are owner-occupied (55 units) and 41% are renter-occupied (38 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Salt Lick shows an unemployment rate of 22.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 44.8%, above the national average of 12.4%. Workers in Salt Lick have an average one-way commute time of 31 minutes.
Education & Demographics
14.9% of Salt Lick 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 0.3% White, 0.3% 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 Salt Lick, KY
Compared to national averages, Salt Lick has a median household income of $48,750 (35% below the national median of $75,149). Home values average $111,300, which is 55% below the national median. Monthly rent at $693 is 40% below the US average of $1,163. Within Kentucky, Salt Lick's income is 26% below the state average of $66,273, and home values are 39% below the state median of $182,504.
Why Live in Salt Lick, KY?
Salt Lick offers affordable housing with a median home value of $111,300, below the US average of $244,900, and rent that’s lower than the national average at $693/month.
Potential considerations include median household income ($48,750) that falls below the national average. However, Salt Lick’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Salt Lick has a population of 290 with a median age of 38.2 years. Compare Salt Lick with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Salt Lick
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bedford | 289 | $33,750 | $81,100 | Compare |
| Bonnieville | 287 | $35,625 | $89,000 | Compare |
| Summer Shade | 295 | $0 | $0 | Compare |
| Vicco | 284 | $43,558 | $110,000 | Compare |
| Bremen | 299 | $46,324 | $128,900 | Compare |
| Pleasant View | 281 | $46,250 | $101,800 | Compare |
| Druid Hills | 300 | $131,250 | $488,300 | Compare |
| Goose Creek | 300 | $112,083 | $326,900 | 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.
Compare Salt Lick With Other Cities
Frequently Asked Questions about Salt Lick
What is the population of Salt Lick, KY?
The population of Salt Lick, KY is 290 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 Salt Lick?
The median household income in Salt Lick, KY is $48,750 per year, which is 35% below the national median of $75,149.
What is the median home value in Salt Lick?
The median home value in Salt Lick, KY is $111,300, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Salt Lick?
The median monthly rent in Salt Lick, KY is $693, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Salt Lick?
The unemployment rate in Salt Lick, KY is 22.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Salt Lick, KY a good place to live?
Salt Lick offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 290 and a median age of 38.2, the city appeals to a broad range of residents.
How educated is Salt Lick, KY?
14.9% of residents in Salt Lick 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 Salt Lick?
Key cost-of-living indicators for Salt Lick, KY: median home value is $111,300 (55% below national), median rent is $693/month, and median household income is $48,750. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Salt Lick?
The poverty rate in Salt Lick, KY is 44.8%, 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 Salt Lick, KY?
Salt Lick's population is 0.3% White, 0.3% 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.