Everything You Should Know Before Moving to Cannel City, KY
Considering a move to Cannel City, KY? This peaceful community of 600 offers affordable living, with median home prices around $82,000 and average rents at $620. Residents enjoy low violent crime rates (115 per 100K), a typical commute of about 30 minutes, and a friendly, close-knit atmosphere. While public transport is limited, the area boasts scenic weather with 60% sunny days and easy access to local schools and nearby healthcare. Cannel City is ideal for those seeking a quiet rural lifestyle with a low cost of living.
Demographics - Cannel City, KY
Demographics - Cannel City, KY
Cannel City is a small, close-knit community of about 600 residents, with a median age of 43 and a nearly balanced gender ratio. The population is predominantly White, and a very small percentage speak a language other than English at home, making this a homogenous and stable rural area.
Population:
600
Density:
55 per sq mi
Median Age:
43.2
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
1.0%
Ethnic Composition
White:
96.1%
Black:
1.2%
Asian:
0.5%
Others:
2.2%
Cost Of Living
What is the average cost of living in Cannel City, KY?
Living in Cannel City is highly affordable, with median home values around $82,000 and average rents at $620. The overall cost of living index is well below the national average, making it an attractive option for budget-conscious individuals or families.
Median House Value:
$82,000
Gross Rent:
$620
Monthly Electricity Charges:
$120
Auto Insurance:
$1,120
House Owner Cost With Mortgage:
$775
House Owner Cost Without Mortgage:
$285
State Taxes:
Low:
2.0%
|
High:
5.0%
Cost Of Living Index:
78.2
Grocery:
94.7
Housing:
54.2
Utilities:
108.6
Transportation:
92.4
Health Care:
91.5
Miscellaneous:
93.8
Crime
Is Cannel City, KY a safe place to live?
Cannel City experiences low violent crime rates, with just 115 incidents per 100,000 residents, and property crime is also below average for the region. Residents can feel secure in this peaceful, rural environment.
Violent Crimes Per 100k:
115
Property Crimes Per 100k:
910
Crime Index:
1,025
Chance Of Violent Crime:
1 in 870
Chance Of Property Crime:
1 in 110
Weather
What is the weather like in Cannel City, KY year-round?
Residents enjoy a moderate climate, with warm summers reaching highs of 86°F and mild winters with lows around 23°F. The area receives about 46 inches of rainfall annually and boasts 60% sunny days, providing a pleasant year-round environment.
Winter
Min:
23°F
Max:
42°F
Spring
Min:
45°F
Max:
70°F
Summer
Min:
64°F
Max:
86°F
Fall
Min:
46°F
Max:
72°F
Average Rainfall Inches:
46.1 inches
Sunny Days Percentage:
60%
Neighbors
The community is modestly affluent, with a median household income of $36,200 and a poverty rate of 22%. Most residents commute by car, averaging about 30 minutes, and public transportation is not utilized, reflecting the rural nature of the area.
Median Income:
$27,900
Household Income:
$36,200
Family Income:
$43,100
Per Capita Income:
$18,200
Income Male:
$32,000
Income Female:
$25,400
Poverty Rate:
22.1%
Non English Speakers:
1.0%
Rent:
$620
Unemployment Rate:
5.7%
Public Transport Usage:
0.0%
Commute Time:
30.2 minutes
Education
High School or Higher:
77.2%
Bachelors or More:
10.8%
Education
How are the schools in Cannel City, KY?
Education is served locally by Morgan Central Elementary School, offering small class sizes and a supportive learning environment. Higher education opportunities are accessible at Morehead State University, located about 31 miles away.
Public Schools
Name:
Morgan Central Elementary School
Street:
950 Hwy 172, West Liberty, KY 41472
Phone:
606-743-8432
Students:
420
Student Teacher Ratio:
15.4
Colleges
Name:
Morehead State University
City:
Morehead
State:
KY
Distance:
31 miles
Students:
9,500
Healthcare
Healthcare access includes a general hospital nearby in West Liberty and a solid insurance coverage rate of nearly 94%. With 1.3 physicians per 1,000 residents, essential medical services are available within a short drive.
Major Hospitals
Name:
Morgan County ARH Hospital
Address:
476 Liberty Rd, West Liberty, KY 41472
Phone:
(606) 743-3186
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.3
Health Insurance Coverage:
93.9%
Health Care Index:
66.1
Housing Market
What is the housing market like in Cannel City, KY?
The housing market is stable and affordable, with a median home price of $82,000 and a high owner-occupancy rate of 75%. Rental options are available, and the market has seen modest appreciation over the past year.
Median Home Price:
$82,000
Average Rent For 2 Bedroom:
$620
Owner Occupied Rate:
75.4%
Rental Vacancy Rate:
8.1%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
0.7%
Foreclosure Rate:
0.7%
DMV Information
Vehicle registration and licensing are managed by the Kentucky Transportation Cabinet, with information and services available through their main office in Frankfort or online at drive.ky.gov.
State:
Kentucky
Department:
Kentucky Transportation Cabinet - Division of Motor Vehicle Licensing
Address:
200 Mero St, Frankfort, KY 40622
Phone:
502-564-1257
Website:
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.