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

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Pikeville, Kentucky

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

Pikeville () is a home rule-class city in and the county seat of Pike County, Kentucky, United States. The population of Pikeville was 7,754 as of the 2020 U.S. Census. Pikeville serves as a regional economic, educational and entertainment hub for the surrounding areas of eastern Kentucky, Virginia and West Virginia. It is home to the University of Pikeville and the Pikeville Cut-Through, the second-largest earthmoving project in the western hemisphere.

DEMOGRAPHICS

Population
6642
Unemployment
4.7%
0% NAT AVG.
Poverty
29.8%
113% NAT AVG.
Cost Of Living
90
10% NAT AVG.

ECONOMICS

Median Home Cost
$226200
2% NAT AVG.
Median Income
$39122
42% NAT AVG.
Median Rent
$732
37% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
192
26% NAT. AVG.
45% STATE AVG.
Violent Crime
15
41% NAT. AVG.
11% STATE AVG.
Property Crime
177
39% NAT. AVG.
53% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 3
Unemployed People
1 in 21
People Earning < $10,000
1 in 4
People Earning < $50,000
54.9%
People With Any Degree
1 in 2.2

ETHNICITY

Ethnicity Pikeville USA
White 92.7% 60.1%
African American 2.1% 12.2%
American Indian 0.4% 0.6%
Asian 1.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.5% 2.8%
Hispanic 0.8% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Pikeville USA
Less than $10,000 22.4% 5.8%
$10,000 to $14,999 7.4% 4.1%
$15,000 to $24,999 13.2% 8.5%
$25,000 to $34,999 4.7% 8.6%
$35,000 to $49,999 7.2% 12.0%
$50,000 to $74,999 14.6% 17.2%
$75,000 to $99,999 11.1% 12.8%
$100,000 to $149,999 9.8% 15.6%
$150,000 to $199,999 3.8% 7.1%

EDUCATION

Education Pikeville USA
< 9th Grade 10% 5.0%
9-12th Grade 7% 7.0%
High School or GED 22% 27.0%
Other College 15% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 22% 20.0%
Master's Degree 13% 9.0%
Professional Degree 5% 2.0%
Doctorate Degree 1% 1.0%
Pikeville is a city in Kentucky state in USA with a population of 6642 residents.. The poverty rate of Pikeville is 29.8%, which is 113% higher than national average. The typical household in Pikeville earns $39122 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 4 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 54.9% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Pikeville remained 4.7%, which is 0% lower than national rate.

Cost of living in Pikeville is 90, which is 10% lower than national average. In Pikeville, only 41% of adults have a bachelor's degree and 20% have some college but no degree. Median home value in Pikeville is $226200 , which is 2% lower than national average. While median income in Pikeville remained $39122, which is 42% lower than national average.
Pikeville Scorecard

Jobs60%

Housing70%

Affordability40%

Safety50%

Amenities60%

Diversity50%

Education70%

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