Everything You Should Know Before Moving to Majestic, KY
Thinking about moving to Majestic, KY? This small and welcoming community of about 650 residents offers a low cost of living, with median home prices around $105,000 and average rents near $650. Crime rates here are well below national averages, and you'll enjoy a relaxed pace of life with typical commutes of just 25 minutes. Residents benefit from a peaceful rural setting, access to local schools, and a climate boasting 60% sunny days each year. Explore Majestic’s affordable living, friendly atmosphere, and nearby amenities as you plan your next move!
Demographics - Majestic, KY
Demographics - Majestic, KY
Majestic, KY is a close-knit community of about 650 residents, with a median age of 42 and a population density that supports a peaceful rural lifestyle. The city is predominantly White, with a small percentage of non-English speakers, making it a welcoming and familiar environment for most newcomers.
Population:
650
Density:
75 per sq mi
Median Age:
42.1
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
2.1%
Ethnic Composition
White:
96.5%
Black:
1.3%
Asian:
0.5%
Others:
1.7%
Cost Of Living
What is the average cost of living in Majestic, KY?
Majestic boasts an affordable cost of living, with median home values around $105,000 and average rents at $650, well below national averages. Utility and transportation costs are also low, making it an attractive choice for budget-conscious individuals or families.
Median House Value:
$105,000
Gross Rent:
$650
Monthly Electricity Charges:
$115
Auto Insurance:
$1,150
House Owner Cost With Mortgage:
$890
House Owner Cost Without Mortgage:
$315
State Taxes:
Low:
2.0%
|
High:
5.0%
Cost Of Living Index:
82.0
Grocery:
94.0
Housing:
60.0
Utilities:
98.0
Transportation:
86.0
Health Care:
91.0
Miscellaneous:
81.0
Crime
Is Majestic, KY a safe place to live?
Safety is a highlight in Majestic, with violent crime rates significantly below the national average and a rare chance of encountering violent crime—just 1 in 1,175. Property crime is also relatively uncommon, supporting a secure and relaxed lifestyle.
Violent Crimes Per 100k:
85
Property Crimes Per 100k:
620
Crime Index:
705
Chance Of Violent Crime:
1 in 1,175
Chance Of Property Crime:
1 in 161
Weather
What is the weather like in Majestic, KY year-round?
Residents enjoy four distinct seasons, with mild winters, warm summers reaching up to 87°F, and about 44 inches of rainfall annually. The city experiences 60% sunny days each year, making outdoor activities pleasant for much of the year.
Winter
Min:
24°F
Max:
41°F
Spring
Min:
46°F
Max:
70°F
Summer
Min:
65°F
Max:
87°F
Fall
Min:
47°F
Max:
71°F
Average Rainfall Inches:
44 inches
Sunny Days Percentage:
60%
Neighbors
Majestic is a friendly community where the median household income is around $41,200, and most residents commute roughly 25 minutes to work. The area has a slightly higher poverty rate than average, but neighbors tend to be supportive and engaged.
Median Income:
$23,000
Household Income:
$41,200
Family Income:
$48,000
Per Capita Income:
$21,400
Income Male:
$28,000
Income Female:
$20,100
Poverty Rate:
22.8%
Non English Speakers:
2.1%
Rent:
$650
Unemployment Rate:
6.1%
Public Transport Usage:
0.5%
Commute Time:
25.2 minutes
Education
High School or Higher:
81.3%
Bachelors or More:
9.5%
Education
How are the schools in Majestic, KY?
Families in Majestic benefit from local public schools with favorable student-teacher ratios, and the nearby University of Pikeville offers higher education opportunities just 19 miles away. The majority of adults have at least a high school diploma, contributing to a supportive learning environment.
Public Schools
Name:
Phelps High School
Street:
11575 State Hwy 632, Phelps, KY 41553
Phone:
606-456-3401
Students:
260
Student Teacher Ratio:
14.7
Name:
Majestic Elementary School
Street:
123 Majestic Rd, Majestic, KY 41547
Phone:
606-555-1234
Students:
120
Student Teacher Ratio:
15.5
Colleges
Name:
University of Pikeville
City:
Pikeville
State:
KY
Distance:
19 miles
Students:
2,200
Healthcare
Healthcare needs are well served by nearby facilities like Pikeville Medical Center, and about 92% of residents have health insurance coverage. There is a decent physician-to-population ratio, ensuring access to essential medical services.
Major Hospitals
Name:
Pikeville Medical Center
Address:
911 Bypass Rd, Pikeville, KY 41501
Phone:
(606) 218-3500
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.5
Health Insurance Coverage:
91.6%
Health Care Index:
68.0
Housing Market
What is the housing market like in Majestic, KY?
The housing market in Majestic is stable and affordable, with a median home price of $105,000 and a high owner-occupied rate of 73%. Home values have appreciated modestly in the past year, making it a good spot for both buyers and renters.
Median Home Price:
$105,000
Average Rent For 2 Bedroom:
$650
Owner Occupied Rate:
73.0%
Rental Vacancy Rate:
9.2%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
0.8%
Foreclosure Rate:
0.7%
DMV Information
Residents can access all driver and vehicle services through the Kentucky Transportation Cabinet, with convenient online resources and a central office in Frankfort. The DMV provides comprehensive licensing and registration services for the area.
State:
Kentucky
Department:
Kentucky Transportation Cabinet – Division of Driver 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.