KY landscape

41408

Cannel City, KY

Total Population

441
5-year trend
+15.2%

Median Household Income

$24,884
5-year trend
+20.0%

Median Home Value

$57,800
5-year trend
+49.4%

Median Rent

-$666,666,666
5-year trend
+26.6%

About Cannel City, KY

Comprehensive Neighborhood Analysis

Neighborhood Profile

Cannel City, KY in Morgan represents a tight-knit residential area with approximately 441 residents. This working-class area is characterized by a affordable housing market, with median home values around $57,800 and a median household income of $24,884.

The community features a established, mature community, with a median age of 42.7 years. Residents benefit from a varied educational attainment levels, contributing to a diverse and vibrant local culture. The area's economic landscape reflects its demographic composition, with household incomes and property values aligned with broader regional trends.

Population
441

Small-sized community with diverse demographics

Median Income
$24,884

Working-class earning profile

Home Value
$57,800

Affordable housing market

Quality of Life Overview

Our comprehensive analysis evaluates Cannel City, KY across multiple quality-of-life dimensions including amenities access, cost of living, safety metrics, educational opportunities, and climate conditions. The overall livability score of 59/10 reflects these combined factors, providing residents and prospective movers with data-driven insights into the area's living standards.

Key Insights

What the data tells us about this area

Median household income is 100% higher than the state average, indicating an affluent area.

Home values are 100% higher than the state average. This area has a competitive real estate market.

Safety score of 39/100 suggests higher crime rates. Consider additional safety precautions.

82% owner-occupancy rate indicates a stable residential community with strong homeownership.

Quick Facts & Insights

Key metrics and how they compare

Household Income
$24,884
100% above state avg
Home Value
$57,800
100.1% above state avg
Rent
-$666,666,666
240.1% below state avg
Population Density
441 residents
Median Age
42.7 years
Safety Score
39/100
Below average safety

Livability Score

Overall quality of life rating based on key factors

Overall Livability
59
Below Average
Out of 100

Score Breakdown

Amenities
62/100
Cost of Living
85/100
Safety
39/100
Education
23/100
ℹ️ Hover for details
Employment
50/100
Housing
98/100
Weather
69/100

Expert Analysis & Insights

Data-Driven Community Assessment

Our team of data analysts and urban planning experts have evaluated Cannel City, KY across multiple dimensions to provide you with actionable insights. These findings are based on comprehensive analysis of demographic trends, economic indicators, housing market dynamics, and quality of life factors.

Excellent Housing Affordability

Strength

With a home price-to-income ratio of 2.3:1, homes in Cannel City, KY are highly affordable relative to local incomes. This compares favorably to the national benchmark of 3-4:1, making homeownership more accessible.

Methodology: Our analysis combines official data from the U.S. Census Bureau, Bureau of Labor Statistics, and regional housing databases with proprietary algorithms to identify meaningful patterns and trends. All comparisons use state-level benchmarks unless otherwise noted.

Data Sources & Accuracy

Official Government Data:Demographics and housing statistics are from the U.S. Census Bureau API (American Community Survey 5-Year Estimates). Weather and climate data comes from the National Oceanic and Atmospheric Administration (NOAA) API with official climate normals from the nearest weather station. Crime statistics are from the FBI Crime Data Explorer API, with county-level data when available, otherwise state-level official data.
Modeled Estimates:Schools and some economic indicators are currently modeled using statistical methods based on national averages and regional patterns. For critical decisions, verify with official sources:

Learn more about our data sources and methodology on our Data Sources page.

Interactive Location Map

Cannel City, KY 41408

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Coordinates: 37.9140°, -83.2338°Open in Google Maps

Cost of Living

Compared to national average (100 = US average)

Overall Cost Index
115
Higher than avg
100 = US National Average

Cost Index by Category

Housing
136
Above avg
Transportation
104
Average
Healthcare
102
Average
Groceries
105
Average
Utilities
103
Average
Overall
115
Above avg

Economy & Employment

Job market and economic indicators

Labor Force
148
Employment Rate
100.0%
Avg. Commute
31 min
Work From Home
0%

Top Industries by Employment

Industry Breakdown

Construction
70.9%
Manufacturing
12.8%
Agriculture, Forestry & Fishing
8.1%
Mining & Oil Extraction
8.1%
Total Employed
148
Total Unemployed
0
Unemployment Rate
0.0%

Nearby ZIP Codes

Explore surrounding areas

Frequently Asked Questions

Everything you need to know about Cannel City, KY

According to the latest U.S. Census Bureau data, Cannel City, KY has a total population of approximately 441 residents. This population figure is derived from the American Community Survey (ACS) 5-Year estimates, which provide the most reliable and comprehensive demographic data available.

Have more questions? Our data is continuously updated to provide you with the most accurate and comprehensive information available. For specific inquiries or detailed analysis, consider consulting with local real estate professionals, financial advisors, or community organizations who can provide personalized guidance based on your unique situation.

Demographics Overview

Comprehensive population statistics and demographic breakdown

Key Demographic Insightsfor Cannel City, KY

Median household income is 100% below state average, suggesting more affordable cost of living.

Strong job market with unemployment rate of 0.0%, below national average.

Poverty rate of 31.7% is above national average of 11.5%.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$24,884
-66.9% vs US
vs State Median
+-100.0%
State: $-83,953,820
Income Distribution
31.1%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.12 people

Total Households
208
Family Households
44.7%

Employment by Industry

Where residents work

#1 Industry
Construction
70.9%
#2 Industry
Manufacturing
12.8%
#3 Industry
Agriculture
8.1%
Total Employed Residents:86

Commute Patterns

How residents get to work

Short Commute
0.0%
Under 10 minutes
Long Commute
4.7%
Over 60 minutes
Work From Home
0.0%
0 workers
Public Transit
16.9%
25 workers
Total Commuting Workers:148
Commute Insights
0
Good public transit usage (16.9% of workers)

Labor Force Statistics

Employment Rate
N/A%
148 employed
Labor Force
148
0 unemployed
Unemployment Rate:0.0%
Median Age
42.7 years
Per Capita Income
$16,856
Poverty Rate
31.7%

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