CENSUS TRACT
Census Tract 406.05
Kentucky · Scott County · 2,707 residents · 24.837 sq mi
Notable rankings
#13highest rent burden in KY77.8%#95lowest low poverty in KY4.0%#109highest home value in KY$355,100#111highest household income in KY$105,000TRACT SHAPE · Scott County, KY
The short version
Census Tract 406.05 is wealthier than most US places, with a median household income of $105,000. Population has held roughly steady since 2020. Median home value is $355,100. Poverty is rare here, at 4.0% of residents.
At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 38.1
US median: 38.9
More educated
41% 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
2,707
+2%since 2020
from 2,666 in 2020
2020 – 2024
Population density
109 / sq mi
+2%since 2020
from 107 / sq mi in 2020
US average: 281
Median age
38.1
−14%since 2020
from 44.1 in 2020
US average: 38.9
Population, 2020 – 2024
20243K
Section 02
Income & economy
Median household income
$105,000
−26%inflation adjusted, since 2020
from $116,953 in 2020
US average: $82,259
2020 – 2024
Per capita income
$53,271
+21%since 2020
from $44,016 in 2020
US average: $44,673
Households earning $100K+
68.8%
−3.9 ptssince 2020
from 72.8% in 2020
US average: 53.3%
Poverty rate
4.0%
+3.7 ptssince 2020
from 0.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.446
+45%since 2020
from 0.307 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade20.9%
Information15.5%
Other services9.4%
Public administration6.1%
Wholesale trade3.4%
Agriculture, forestry, fishing2.3%
Construction2.3%
Finance & insurance2%
Transportation & warehousing1.7%
Education & health services1.1%
Professional, scientific, technical0.9%
Manufacturing0%
Arts, entertainment, food0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$355,100
+4%inflation adjusted, since 2020
from $282,700 in 2020
US average: $376,019
2020 – 2024
Owner-occupied
91.8%
−3.1 ptssince 2020
from 94.9% in 2020
8.2% rent
Vacancy rate
3.7%
−0.6 ptssince 2020
from 4.3% in 2020
US average: 10.0%
Owner cost-burdened
13.2%
+3.5 ptssince 2020
from 9.8% in 2020
US average: 22.9%
Renter cost-burdened
77.8%
+77.8 ptssince 2020
from 0.0% in 2020
US average: 47.4%
Afford Score
3.4
+40%since 2020
from 2.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 406.05 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic94.3%(2,515)
Black0.8%(22)
Hispanic / Latino1.6%(43)
Asian2%(53)
Other1.2%(33)
Diversity Score13.6%(364)
2024
White, non-Hispanic88.4%(2,393)
Black5%(136)
Hispanic / Latino2.4%(64)
Asian0%(0)
Other4.2%(114)
Diversity Score26.7%(723)
Diversity Score
27
+96%since 2020
from 14 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
41.0%
Unchangedsince 2020
from 41.0% in 2020
US average: 35.6%
High school or higher
95.1%
−1.4 ptssince 2020
from 96.5% in 2020
US average: 89.6%
Graduate degree
17.5%
−0.3 ptssince 2020
from 17.8% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
24.9 min
+1%since 2020
from 24.6 min in 2020
US average: 26.5
Drive alone to work
76.8%
−3.3 ptssince 2020
from 80.2% in 2020
US average: 68.9%
Carpooled to work
6.8%
+1.2 ptssince 2020
from 5.6% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
16.4%
+2.7 ptssince 2020
from 13.6% in 2020
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
0.0%
−2.2 ptssince 2020
from 2.2% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
1.4%
+0.2 ptssince 2020
from 1.2% in 2020
US average: 5.2%
Labor force participation
67.5%
−4.2 ptssince 2020
from 71.7% in 2020
US average: 63.5%
Self-employed
12.1%
−0.6 ptssince 2020
from 12.7% in 2020
US average: 13.1%
Management & professional
51.1%
−2.6 ptssince 2020
from 53.6% in 2020
US average: 42.5%
Section 08
People & community
Male
51.0%
+5.2 ptssince 2020
from 45.8% in 2020
Female
49.0%
−5.2 ptssince 2020
from 54.2% in 2020
Foreign born
1.4%
−3.9 ptssince 2020
from 5.3% in 2020
US average: 14.1%
Veterans
5.6%
−5.3 ptssince 2020
from 11.0% in 2020
US average: 6.2%
With a disability
9.4%
+0.3 ptssince 2020
from 9.1% in 2020
US average: 13.3%
Uninsured
4.1%
+3.6 ptssince 2020
from 0.5% in 2020
US average: 8.4%
Broadband at home
92.6%
−4.8 ptssince 2020
from 97.4% in 2020
US average: 91.0%
English only at home
99.0%
+0.9 ptssince 2020
from 98.1% in 2020
US average: 77.7%
Spanish at home
0.8%
+0.3 ptssince 2020
from 0.5% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 406.05Head to head
Compare Census Tract 406.05 to nearby tracts
CENSUS TRACT 406.05 VS
Census Tract 406.01
Income$183,203+74%
Home value$451,600+27%
Population3,532+30%
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CENSUS TRACT 406.05 VS
Census Tract 406.04
Income$102,727−2%
Home value$326,700−8%
Population2,875+6%
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CENSUS TRACT 406.05 VS
Census Tract 405.01
Income$60,781−42%
Home value$227,500−36%
Population2,803+4%
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CENSUS TRACT 406.05 VS
Census Tract 406.06
Income$67,743−35%
Home value$243,000−32%
Population2,938+9%
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Frequently asked
How many people live in this census tract?
this census tract has about 2,707 residents according to the 2024 American Community Survey.
What is the median household income in this census tract?
The typical household in this census tract earns about $105,000 a year. Half of households make more than that, and half make less.
Is this census tract expensive?
In this census tract, the median home is worth about $355,100.
How educated are people in this census tract?
About 41.0% of adults age 25 and over in this census tract hold a bachelor's degree or higher.
What is the poverty rate in this census tract?
About 4.0% of people in this census tract live below the federal poverty line.
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Containing area
Scott CountyOther census tracts in Scott County
Census Tract 402.05Census Tract 405.02Census Tract 402.03Census Tract 403.03Census Tract 404Census Tract 403.01Census Tract 406.01Census Tract 406.07Census Tract 406.06Census Tract 403.02Census Tract 406.04Census Tract 405.01Census Tract 402.08Census Tract 401.02Census Tract 402.10Census Tract 402.09DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024