Kentucky / Marshall County

Moving to Palma, KY

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

  • 100% Free Moving Quotes
  • No Obligation
  • Vetted & Licensed Movers
  • Secure & Private
Serving Palma and nearby areas View Nearby Cities Compare Moving Help
Plan smarter before requesting quotes. Use local costs, housing, schools, safety, weather, and DMV details below to compare Palma before you move.

Moving Help for Your Palma, KY Relocation

After you review the local facts on this page, use the service links below to compare quote options for the type of Palma move you are planning, including local, long-distance, apartment, piano, small, and budget-conscious moves.

Local Movers Palma, KY Piano Movers Palma, KY Cheap Movers Palma, KY Small Movers Palma, KY Apartment Movers Palma, KY Long Distance Movers Palma, KY

Everything You Should Know Before Moving to Palma, KY

Considering a move to Palma, KY? This welcoming community of 680 residents offers a blend of suburban charm and convenience, with median home prices around $178,000 and average rents near $925. 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 (54% annually), ideal for families and commuters alike. Explore Palma's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Palma, KY

Palma has a population of 680 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 95% White, 2% Black, and 1% Asian residents, and over 2% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
680
Density
42 per sq mi
Median Age
41.8
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
1.8%

Ethnic Composition

White
94.8%
Black
2.1%
Asian
0.5%
Others
2.6%

Cost Of Living

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

The cost of living in Palma is higher than the national average, with a cost of living index of 84.6. Median home values are around $178,000 and average rents for a two-bedroom apartment are approximately $925. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$178,000
Gross Rent
$925
Monthly Electricity Charges
$145
Auto Insurance
$1,620
House Owner Cost With Mortgage
$1,240
House Owner Cost Without Mortgage
$410
State Taxes
Low: 4.0%| High: 6.0%
Cost Of Living Index
84.6
Grocery
92.1
Housing
68.4
Utilities
95.3
Transportation
89.7
Health Care
93.8
Miscellaneous
90.5

Crime

Is Palma, KY a safe place to live?

Palma is considered a safe community, with a low violent crime rate of 230 incidents per 100,000 residents and a property crime chance of 1 in 89. 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
230
Property Crimes Per 100k
1,120
Crime Index
1,350
Chance Of Violent Crime
1 in 435
Chance Of Property Crime
1 in 89

Weather

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

Palma experiences four distinct seasons, with warm summers reaching highs of 88°F and cold winters dipping to 26°F. The area receives about 46 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
26°F
Max
44°F

Summer

Min
67°F
Max
88°F

Spring

Min
46°F
Max
70°F

Fall

Min
47°F
Max
71°F
Average Rainfall Inches
46.0 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $49,800 and a low poverty rate of 18.9%. Over 82% of residents have at least a high school diploma, and nearly 15% 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
$31,500
Household Income
$49,800
Family Income
$58,200
Per Capita Income
$24,100
Income Male
$36,200
Income Female
$28,400
Poverty Rate
18.9%
Non English Speakers
3.4%
Rent
$925
Unemployment Rate
5.1%
Public Transport Usage
0.7%
Commute Time
26.8 minutes

Education

High School or Higher
82.4%
Bachelors or More
14.8%

Education

How are the schools in Palma, KY?

Palma offers quality education options, with public schools like Knox County High School and Barbourville City School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including University of the Cumberlands and Union College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Knox County High School
Street
400 N Main St
Phone
606-546-4140
Students
800
Student Teacher Ratio
15.1
Name
Barbourville City School
Street
676 N Main St
Phone
606-546-4540
Students
420
Student Teacher Ratio
14.3

Private Schools

Name
Lynn Camp Christian Academy
Street
5955 S US Highway 25E
Phone
606-526-5191
Students
110

Colleges

Name
University of the Cumberlands
City
Williamsburg
State
KY
Distance
35 miles
Students
18,000
Name
Union College
City
Barbourville
State
KY
Distance
12 miles
Students
850

Healthcare

Palma residents have access to quality healthcare, with major hospitals like Baptist Health Corbin and Cumberland Valley Medical Center nearby. The community benefits from a high physician-to-resident ratio of 1.5 per 1,000 people and 90.6% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Baptist Health Corbin
Address
1 Trillium Way, Corbin, KY 40701
Phone
(606) 528-1212
Type
General & Surgical
Emergency Services
Yes
Name
Cumberland Valley Medical Center
Address
305 Langdon St, Barbourville, KY 40906
Phone
(606) 546-2222
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.5
Health Insurance Coverage
90.6%
Health Care Index
62.4

Housing Market

What is the housing market like in Palma, KY?

The local housing market is strong, with a median home price of $178,000 and an owner-occupied rate of nearly 74%. The market has seen a 4.2% appreciation over the past year, and rental vacancy rates remain moderate at 7.1%. Palma offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$178,000
Average Rent For 2 Bedroom
$925
Owner Occupied Rate
74.3%
Rental Vacancy Rate
7.1%
Home Appreciation Rate (1yr)
4.2%
New Construction Rate
1.1%
Foreclosure Rate
0.7%

DMV Information

Residents of Palma handle vehicle services through the Kentucky Transportation Cabinet - Division of Motor Vehicle 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 Motor Vehicle Licensing
Address
200 Mero Street, Frankfort, KY 40622
Phone
1-502-564-2737

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 Palma, KY

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

Before moving to Palma, review the core fields on this page: population 680, median home value $178,000, average rent for 2 bedroom $925, commute time 26.8 minutes, and sunny days percentage 54%.

Ready to Move to Palma, KY?

When your relocation research is done, request quote options and plan your move with confidence.

Get Free Moving Quotes