Everything You Should Know Before Moving to Goforth, KY
Considering a move to Goforth, KY? This small, close-knit community of about 350 people offers affordable living, with median home prices around $148,000 and average rents at $760. Residents enjoy a low violent crime rate of 94 per 100k, short 24-minute commutes, and the charm of Kentucky’s mild, sunny climate. While the cost of living is well below national averages, you’ll find friendly neighbors, access to local schools, and the larger amenities of nearby Somerset.
Demographics - Goforth, KY
Demographics - Goforth, KY
Goforth, KY is a small, close-knit town of 350 residents, with a median age of 43, and a population that is predominantly White. The community maintains a nearly balanced gender ratio and has a small proportion of non-English speakers, reflecting a stable, traditional rural environment.
Population:
350
Density:
120 per sq mi
Median Age:
43.2
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
2.1%
Ethnic Composition
White:
93.2%
Black:
3.5%
Asian:
0.8%
Others:
2.5%
Cost Of Living
What is the average cost of living in Goforth, KY?
The cost of living in Goforth is attractively low, with a median house value of $148,000 and overall expenses well below the national average. Residents benefit from affordable rent, moderate utility costs, and relatively low state taxes, making it an excellent choice for budget-conscious individuals and families.
Median House Value:
$148,000
Gross Rent:
$760
Monthly Electricity Charges:
$115
Auto Insurance:
$1,210
House Owner Cost With Mortgage:
$1,150
House Owner Cost Without Mortgage:
$390
State Taxes:
Low:
2.0%
|
High:
5.0%
Cost Of Living Index:
82.4
Grocery:
94.5
Housing:
61.8
Utilities:
99.7
Transportation:
85.2
Health Care:
92.3
Miscellaneous:
88.1
Crime
Is Goforth, KY a safe place to live?
Goforth boasts a low violent crime rate of 94 per 100,000 residents, contributing to a safe and secure atmosphere. Property crime is slightly more common, but overall, the town provides a peaceful setting with low risks compared to larger cities.
Violent Crimes Per 100k:
94
Property Crimes Per 100k:
1,020
Crime Index:
1,114
Chance Of Violent Crime:
1 in 1,064
Chance Of Property Crime:
1 in 98
Weather
What is the weather like in Goforth, KY year-round?
The town experiences all four seasons, with mild winters averaging lows in the mid-20s and warm summers reaching into the high 80s. Goforth receives about 49 inches of rainfall annually and enjoys sunshine 56% of the year, making it ideal for those who appreciate a temperate climate.
Winter
Min:
26°F
Max:
44°F
Spring
Min:
47°F
Max:
70°F
Summer
Min:
66°F
Max:
87°F
Fall
Min:
49°F
Max:
71°F
Average Rainfall Inches:
48.6 inches
Sunny Days Percentage:
56%
Neighbors
Residents of Goforth typically enjoy a median household income of around $52,000, with a poverty rate of 14.7%. The community is mostly owner-occupied, with average commutes of just under 24 minutes and a strong emphasis on high school education.
Median Income:
$34,500
Household Income:
$52,200
Family Income:
$61,100
Per Capita Income:
$24,600
Income Male:
$38,000
Income Female:
$29,800
Poverty Rate:
14.7%
Non English Speakers:
2.1%
Rent:
$760
Unemployment Rate:
5.2%
Public Transport Usage:
0.5%
Commute Time:
23.7 minutes
Education
High School or Higher:
84.0%
Bachelors or More:
15.2%
Education
How are the schools in Goforth, KY?
Families in Goforth benefit from nearby schools such as Nancy Elementary and Somerset Christian School, and higher education opportunities are available at Somerset Community College only 10 miles away. The area values education, with over 84% of adults holding at least a high school diploma.
Public Schools
Name:
Nancy Elementary School
Street:
220 W Hwy 80, Nancy, KY 42544
Phone:
606-636-6338
Students:
380
Student Teacher Ratio:
15.5
Private Schools
Name:
Somerset Christian School
Street:
815 Grand Central Blvd, Somerset, KY 42503
Phone:
606-678-4721
Students:
210
Colleges
Name:
Somerset Community College
City:
Somerset
State:
KY
Distance:
10 miles
Students:
5,000
Healthcare
Goforth offers convenient access to healthcare, with Lake Cumberland Regional Hospital located nearby and nearly 90% of residents having health insurance coverage. The area is served by 1.7 physicians per 1,000 residents, supporting the well-being of the small population.
Major Hospitals
Name:
Lake Cumberland Regional Hospital
Address:
305 Langdon St, Somerset, KY 42503
Phone:
(606) 679-7441
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.7
Health Insurance Coverage:
89.8%
Health Care Index:
71.3
Housing Market
What is the housing market like in Goforth, KY?
The local housing market is affordable and stable, with a median home price of $148,000 and a high owner-occupancy rate of 74.5%. Home appreciation remains steady, and the rental vacancy rate is moderate, making it a favorable market for both buyers and renters.
Median Home Price:
$148,000
Average Rent For 2 Bedroom:
$760
Owner Occupied Rate:
74.5%
Rental Vacancy Rate:
7.9%
Home Appreciation Rate (1yr):
3.2%
New Construction Rate:
0.6%
Foreclosure Rate:
0.7%
DMV Information
Residents can access vehicle services through the Kentucky Division of Motor Vehicle Licensing, conveniently located in Frankfort and supported by online resources for registration and licensing needs.
State:
Kentucky
Department:
Kentucky Division of Motor Vehicle Licensing
Address:
200 Mero Street, 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.