Wheatcroft, KY
Population 125 · Kentucky
About Wheatcroft, KY
Wheatcroft is a small community located in Kentucky with a population of 125 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,750 per year, which is 42% below the national median of $75,149. The median age of 42 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 Wheatcroft features a median home value of $71,300, which is 71% below the national median of $244,900. This makes Wheatcroft one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $783, 33% below the national average of $1,163/month. Of the 70 total housing units, 73% are owner-occupied (47 units) and 27% are renter-occupied (17 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wheatcroft shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wheatcroft have an average one-way commute time of 23.8 minutes.
Education & Demographics
25.3% of Wheatcroft 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 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Wheatcroft Ranks in Kentucky
Cost of Living in Wheatcroft, KY
Compared to national averages, Wheatcroft has a median household income of $43,750 (42% below the national median of $75,149). Home values average $71,300, which is 71% below the national median. Monthly rent at $783 is 33% below the US average of $1,163. Within Kentucky, Wheatcroft's income is 34% below the state average of $66,273, and home values are 61% below the state median of $182,504.
Why Live in Wheatcroft, KY?
Wheatcroft offers affordable housing with a median home value of $71,300, below the US average of $244,900, and rent that’s lower than the national average at $783/month, and a strong job market with an unemployment rate of just 3.2%. Additionally, the city features a low poverty rate of 10.4%, better than the national average, and short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($43,750) that falls below the national average. However, Wheatcroft’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wheatcroft has a population of 125 with a median age of 42 years. Compare Wheatcroft 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 Wheatcroft
What is the population of Wheatcroft, KY?
The population of Wheatcroft, KY is 125 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 Wheatcroft?
The median household income in Wheatcroft, KY is $43,750 per year, which is 42% below the national median of $75,149.
What is the median home value in Wheatcroft?
The median home value in Wheatcroft, KY is $71,300, which is 71% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wheatcroft?
The median monthly rent in Wheatcroft, KY is $783, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Wheatcroft?
The unemployment rate in Wheatcroft, KY is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wheatcroft, KY a good place to live?
Wheatcroft offers a moderate cost of living, affordable housing, and a strong job market. With a population of 125 and a median age of 42, the city appeals to a broad range of residents.
How educated is Wheatcroft, KY?
25.3% of residents in Wheatcroft 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 Wheatcroft?
Key cost-of-living indicators for Wheatcroft, KY: median home value is $71,300 (71% below national), median rent is $783/month, and median household income is $43,750. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wheatcroft?
The poverty rate in Wheatcroft, KY is 10.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wheatcroft, KY?
Wheatcroft'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.