Kentucky / Bell County

Moving to Balkan, KY

Thinking of making a move to Balkan, KY? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Balkan, KY

Considering a move to Balkan, KY? This welcoming community of 120 residents offers a blend of suburban charm and convenience, with median home prices around $145,000 and average rents near $725. Commute times average 27 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (53% annually), ideal for families and commuters alike. Explore Balkan's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Balkan, KY

Balkan has a population of 120 residents, offering a diverse community with a median age of nearly 42 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 94% White, 2% Black, and 1% Asian residents, and over 1% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
120
Density
18 per sq mi
Median Age
41.8
Gender Ratio
97 males per 100 females
Non-English Speakers Percentage
1.2%

Ethnic Composition

White
94.0%
Black
2.0%
Asian
0.5%
Others
3.5%

Cost Of Living

What is the average cost of living in Balkan, KY?

The cost of living in Balkan is higher than the national average, with a cost of living index of 82.4. Median home values are around $145,000 and average rents for a two-bedroom apartment are approximately $725. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$145,000
Gross Rent
$725
Monthly Electricity Charges
$145
Auto Insurance
$1,520
House Owner Cost With Mortgage
$930
House Owner Cost Without Mortgage
$320
State Taxes
Low: 4.5%| High: 5.0%
Cost Of Living Index
82.4
Grocery
93.0
Housing
60.5
Utilities
100.8
Transportation
89.4
Health Care
92.1
Miscellaneous
84.7

Crime

Is Balkan, KY a safe place to live?

Balkan is considered a safe community, with a low violent crime rate of 210 incidents per 100,000 residents and a property crime chance of 1 in 95. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Kentucky.

Violent Crimes Per 100k
210
Property Crimes Per 100k
1,050
Crime Index
1,260
Chance Of Violent Crime
1 in 476
Chance Of Property Crime
1 in 95

Weather

What is the weather like in Balkan, KY year-round?

Balkan experiences four distinct seasons, with warm summers reaching highs of 87°F and cold winters dipping to 27°F. The area receives about 47 inches of rainfall annually and enjoys sunshine on 53% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
27°F
Max
45°F

Summer

Min
66°F
Max
87°F

Spring

Min
46°F
Max
70°F

Fall

Min
48°F
Max
71°F
Average Rainfall Inches
47.0 inches
Sunny Days Percentage
53%

Neighbors

The neighborhood boasts a healthy median household income of $48,000 and a low poverty rate of 18.9%. Over 87% of residents have at least a high school diploma, and nearly 12% hold a bachelor's degree or higher. Commute times average 27 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$32,500
Household Income
$48,000
Family Income
$56,000
Per Capita Income
$21,500
Income Male
$34,000
Income Female
$27,500
Poverty Rate
18.9%
Non English Speakers
2.8%
Rent
$725
Unemployment Rate
5.6%
Public Transport Usage
0.6%
Commute Time
26.8 minutes

Education

High School or Higher
86.5%
Bachelors or More
12.4%

Education

How are the schools in Balkan, KY?

Balkan offers quality education options, with public schools like Phelps Elementary School and Phelps High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Big Sandy Community and Technical College and University of Pikeville. The community is committed to educational excellence for all age groups.

Public Schools

Name
Phelps Elementary School
Street
11422 US-119
Phone
606-456-4848
Students
280
Student Teacher Ratio
14.1
Name
Phelps High School
Street
11582 KY-194
Phone
606-456-2147
Students
360
Student Teacher Ratio
13.8

Private Schools

Name
Our Lady of the Mountains School
Street
305 Euclid Ave
Phone
606-433-3070
Students
120

Colleges

Name
Big Sandy Community and Technical College
City
Pikeville
State
KY
Distance
17 miles
Students
3,200
Name
University of Pikeville
City
Pikeville
State
KY
Distance
18 miles
Students
2,500

Healthcare

Balkan residents have access to quality healthcare, with major hospitals like Pikeville Medical Center and Kings Daughters Medical Center Kentucky nearby. The community benefits from a high physician-to-resident ratio of 1.5 per 1,000 people and 88.6% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Pikeville Medical Center
Address
911 Bypass Rd, Pikeville, KY 41501
Phone
(606) 432-3563
Type
General & Surgical
Emergency Services
Yes
Name
Kings Daughters Medical Center Kentucky
Address
1290 S Mayo Trail, Pikeville, KY 41501
Phone
(606) 430-2200
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.5
Health Insurance Coverage
88.6%
Health Care Index
63.8

Housing Market

What is the housing market like in Balkan, KY?

The local housing market is strong, with a median home price of $145,000 and an owner-occupied rate of nearly 75%. The market has seen a 3.4% appreciation over the past year, and rental vacancy rates remain moderate at 7.9%. Balkan offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$145,000
Average Rent For 2 Bedroom
$725
Owner Occupied Rate
74.8%
Rental Vacancy Rate
7.9%
Home Appreciation Rate (1yr)
3.4%
New Construction Rate
0.7%
Foreclosure Rate
1.1%

DMV Information

Residents of Balkan handle vehicle services through the Kentucky Transportation Cabinet Division of Driver Licensing, conveniently located in Frankfort. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Kentucky
Department
Kentucky Transportation Cabinet Division of Driver Licensing
Address
200 Mero Street, Frankfort, KY 40622
Phone
(502) 564-1257

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Balkan, KY

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Balkan, review the core fields on this page: population 120, median home value $145,000, average rent for 2 bedroom $725, commute time 26.8 minutes, and sunny days percentage 53%.

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