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CITY

Philpot

Kentucky · 1,036 residents · 3.284 sq mi
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The short version

Philpot has roughly average household income, with a median household income of $87,692. Population has declined 6% since 2023. Median home value is $240,900. With a median age of 48.3, the population is older than the US median of 38.9. Poverty is rare here, at 1.2% of residents. Households here earn about 38% more than the Kentucky median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 48.3
US median: 38.9
More educated
42% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,036
−6%since 2023
from 1,098 in 2023
2020 – 2024
Population density
315 / sq mi
−6%since 2023
from 334 / sq mi in 2023
US average: 281
Median age
48.3
+18%since 2023
from 41.1 in 2023
US average: 38.9
Population, 2020 – 2024
9069581K1K1K20202024Philpot
20241K
20202024
Section 02

Income & economy

Median household income
$87,692
−1%inflation adjusted, since 2023
from $85,833 in 2023
US average: $82,259
2020 – 2024
Per capita income
$46,809
−7%since 2023
from $50,385 in 2023
US average: $44,673
Households earning $100K+
70.2%
+4.3 ptssince 2023
from 65.9% in 2023
US average: 53.3%
Poverty rate
1.2%
−7.7 ptssince 2023
from 8.8% in 2023
US average: 12.5%
Income inequality (Gini)
0.465
−3%since 2023
from 0.477 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade18.5%
US avg: 9.9%
Other services10.1%
US avg: 6.7%
Public administration10.1%
US avg: 4.8%
Information9.2%
US avg: 10.8%
Finance & insurance9.2%
US avg: 5.9%
Education & health services9.2%
US avg: 0.9%
Wholesale trade3.9%
US avg: 6.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Professional, scientific, technical0%
US avg: 5.1%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$240,900
−3%inflation adjusted, since 2023
from $242,100 in 2023
US average: $376,019
2020 – 2024
Owner-occupied
83.2%
+2.8 ptssince 2023
from 80.4% in 2023
16.8% rent
Vacancy rate
6.0%
+2.5 ptssince 2023
from 3.5% in 2023
US average: 10.0%
Owner cost-burdened
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 22.9%
Renter cost-burdened
0.0%
−28.4 ptssince 2023
from 28.4% in 2023
US average: 47.4%
Afford Score
2.7
−3%since 2023
from 2.8 in 2023
2020 – 2024
RELATED:See current rent listings in Philpot on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic100%(1,098)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
2024
White, non-Hispanic100%(1,036)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
Diversity Score
0
from 0 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
42.4%
−0.2 ptssince 2023
from 42.6% in 2023
US average: 35.6%
High school or higher
100.0%
+3.1 ptssince 2023
from 96.9% in 2023
US average: 89.6%
Graduate degree
12.2%
−1.5 ptssince 2023
from 13.6% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
17.1 min
Unchangedsince 2023
from 17.2 min in 2023
US average: 26.5
Drive alone to work
80.8%
+11.4 ptssince 2023
from 69.4% in 2023
US average: 68.9%
Carpooled to work
0.0%
−7.6 ptssince 2023
from 7.6% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
8.0%
−5.8 ptssince 2023
from 13.8% in 2023
US average: 15.0%
Walked to work
11.2%
+2.0 ptssince 2023
from 9.2% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.5%
+2.3 ptssince 2023
from 3.1% in 2023
US average: 5.2%
Labor force participation
64.4%
−1.8 ptssince 2023
from 66.2% in 2023
US average: 63.5%
Self-employed
21.9%
+3.5 ptssince 2023
from 18.4% in 2023
US average: 13.1%
Management & professional
51.5%
−8.7 ptssince 2023
from 60.2% in 2023
US average: 42.5%
Section 08

People & community

Male
50.0%
+2.5 ptssince 2023
from 47.5% in 2023
Female
50.0%
−2.5 ptssince 2023
from 52.5% in 2023
Foreign born
1.3%
+0.2 ptssince 2023
from 1.1% in 2023
US average: 14.1%
Veterans
15.7%
+4.9 ptssince 2023
from 10.7% in 2023
US average: 6.2%
With a disability
15.3%
+3.6 ptssince 2023
from 11.7% in 2023
US average: 13.3%
Uninsured
13.8%
+7.0 ptssince 2023
from 6.8% in 2023
US average: 8.4%
Broadband at home
93.1%
−1.6 ptssince 2023
from 94.7% in 2023
US average: 91.0%
English only at home
98.7%
−0.2 ptssince 2023
from 98.8% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

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Head to head

Compare Philpot to nearby cities

PHILPOT VS
Owensboro
Income$56,357−36%
Home value$178,900−26%
Population60,892+5778%
SEE FULL COMPARISON →
PHILPOT VS
Henderson
Income$48,186−45%
Home value$160,100−34%
Population27,822+2586%
SEE FULL COMPARISON →
PHILPOT VS
Evansville
Income$53,387−39%
Home value$143,100−41%
Population116,176+11114%
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PHILPOT VS
Madisonville
Income$53,860−39%
Home value$164,100−32%
Population19,428+1775%
SEE FULL COMPARISON →
Frequently asked

How many people live in Philpot, Kentucky?

Philpot, Kentucky has about 1,036 residents according to the 2024 American Community Survey.

What is the median household income in Philpot, Kentucky?

The typical household in Philpot, Kentucky earns about $87,692 a year. Half of households make more than that, and half make less.

Is Philpot, Kentucky expensive?

In Philpot, Kentucky, the median home is worth about $240,900.

How educated are people in Philpot, Kentucky?

About 42.4% of adults age 25 and over in Philpot, Kentucky hold a bachelor's degree or higher.

What is the poverty rate in Philpot, Kentucky?

About 1.2% of people in Philpot, Kentucky live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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