Pros and Cons of Living In Corbin, Kentucky. Is Corbin, KY a Nice Place To Live or Retire?

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Corbin, Kentucky

Moving to Corbin In Kentucky ? Is Corbin, KY a Nice Place To Live? Pros and Cons of Living in Corbin, Kentucky. Find out the best and worst about to live, raise a family or retire in Corbin.

Corbin is a home rule-class city in Whitley, Knox and Laurel counties in the southeastern portion of the U.S. state of Kentucky. As of the 2020 census, the city population was 7,856.

Corbin is on Interstate 75 and US Route 25W, about halfway between Knoxville, Tennessee, and Lexington.


DEMOGRAPHICS

Population
7558
Unemployment
5.8%
23% NAT AVG.
Poverty
25.7%
84% NAT AVG.
Cost Of Living
80
20% NAT AVG.

ECONOMICS

Median Home Cost
$120300
48% NAT AVG.
Median Income
$39260
42% NAT AVG.
Median Rent
$579
50% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
149
12% NAT. AVG.
2% STATE AVG.
Violent Crime
8
71% NAT. AVG.
57% STATE AVG.
Property Crime
141
0% NAT. AVG.
10% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 17
People Earning < $10,000
1 in 7
People Earning < $50,000
59.7%
People With Any Degree
1 in 2.9

ETHNICITY

Ethnicity Corbin USA
White 93.2% 60.1%
African American 0.2% 12.2%
American Indian 0.2% 0.6%
Asian 0% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.1% 2.8%
Hispanic 3.3% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Corbin USA
Less than $10,000 14.1% 5.8%
$10,000 to $14,999 9.3% 4.1%
$15,000 to $24,999 12.2% 8.5%
$25,000 to $34,999 11.1% 8.6%
$35,000 to $49,999 13% 12.0%
$50,000 to $74,999 13.8% 17.2%
$75,000 to $99,999 8.1% 12.8%
$100,000 to $149,999 12.7% 15.6%
$150,000 to $199,999 4.5% 7.1%

EDUCATION

Education Corbin USA
< 9th Grade 4% 5.0%
9-12th Grade 6% 7.0%
High School or GED 36% 27.0%
Other College 20% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 15% 20.0%
Master's Degree 10% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Corbin is a city in Kentucky state in USA with a population of 7558 residents.. The poverty rate of Corbin is 25.7%, which is 84% higher than national average. The typical household in Corbin earns $39260 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.7% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Corbin remained 5.8%, which is 23% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Corbin is 80, which is 20% lower than national average. In Corbin, only 27% of adults have a bachelor's degree and 27% have some college but no degree. Median home value in Corbin is $120300 , which is 48% lower than national average. While median income in Corbin remained $39260, which is 42% lower than national average.
Corbin Scorecard

Jobs50%

Housing40%

Affordability80%

Safety70%

Amenities80%

Diversity40%

Education80%

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