Taylor Mill, KY
Population 6,880 · Kentucky
About Taylor Mill, KY
Taylor Mill is a small town located in Kentucky with a population of 6,880 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,210 per year, which is 11% above the national median of $75,149. The median age of 38.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Taylor Mill features a median home value of $224,500, which is 8% below the national median of $244,900. This positions Taylor Mill in a moderately priced market relative to the rest of the country. Median monthly rent is $1,078, 7% below the national average of $1,163/month. Of the 2,903 total housing units, 79% are owner-occupied (2,096 units) and 21% are renter-occupied (569 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Taylor Mill shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.4%, above the national average of 12.4%. Workers in Taylor Mill have an average one-way commute time of 20.5 minutes.
Education & Demographics
36.4% of Taylor Mill residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 4.0% of the population being foreign-born.
Cost of Living in Taylor Mill, KY
Compared to national averages, Taylor Mill has a median household income of $83,210 (11% above the national median of $75,149). Home values average $224,500, which is 8% below the national median. Monthly rent at $1,078 is 7% below the US average of $1,163. Within Kentucky, Taylor Mill's income is 26% above the state average of $66,273, and home values are 23% above the state median of $182,504.
Why Live in Taylor Mill, KY?
Taylor Mill offers a strong local economy with a median household income of $83,210, well above the national average, and affordable housing with a median home value of $224,500, below the US average of $244,900, and rent that’s lower than the national average at $1,078/month. Additionally, the city features a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 36.4% of residents hold a bachelor’s degree or higher, and short commute times averaging just 20.5 minutes.
Taylor Mill has a population of 6,880 with a median age of 38.7 years. Compare Taylor Mill with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Taylor Mill
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Morehead | 6,924 | $35,000 | $176,300 | Compare |
| Vine Grove | 6,721 | $74,786 | $213,500 | Compare |
| Hebron | 6,637 | $101,980 | $216,400 | Compare |
| Highland Heights | 6,531 | $52,437 | $148,600 | Compare |
| Russellville | 7,244 | $47,875 | $156,000 | Compare |
| Flatwoods | 7,281 | $60,467 | $112,200 | Compare |
| Leitchfield | 6,434 | $47,168 | $156,700 | Compare |
| Cynthiana | 6,412 | $49,817 | $154,700 | 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 Taylor Mill With Other Cities
Frequently Asked Questions about Taylor Mill
What is the population of Taylor Mill, KY?
The population of Taylor Mill, KY is 6,880 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 Taylor Mill?
The median household income in Taylor Mill, KY is $83,210 per year, which is 11% above the national median of $75,149.
What is the median home value in Taylor Mill?
The median home value in Taylor Mill, KY is $224,500, which is 8% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Taylor Mill?
The median monthly rent in Taylor Mill, KY is $1,078, which is 7% below the national average of $1,163/month.
What is the unemployment rate in Taylor Mill?
The unemployment rate in Taylor Mill, KY is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Taylor Mill, KY a good place to live?
Taylor Mill offers above-average incomes, affordable housing, and a strong job market. With a population of 6,880 and a median age of 38.7, the city appeals to a broad range of residents.
How educated is Taylor Mill, KY?
36.4% of residents in Taylor Mill aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Taylor Mill?
Key cost-of-living indicators for Taylor Mill, KY: median home value is $224,500 (8% below national), median rent is $1,078/month, and median household income is $83,210. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Taylor Mill?
The poverty rate in Taylor Mill, KY is 13.4%, 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 Taylor Mill, KY?
Taylor Mill's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 1.5% two or more races. 4.0% of residents are foreign-born.