Kentucky / County

Moving to Parkers Lake, KY

Thinking of making a move to Parkers Lake, 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 Parkers Lake, KY

Considering a move to Parkers Lake, KY? This welcoming community of 2,400 residents offers a blend of suburban charm and convenience, with median home prices around $110,000 and average rents near $700. Commute times average 29 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (57% annually), ideal for families and commuters alike. Explore Parkers Lake's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Parkers Lake, KY

Parkers Lake has a population of 2,400 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
2,400
Density
60 per sq mi
Median Age
41.7
Gender Ratio
100 males per 100 females
Non-English Speakers Percentage
2.4%

Ethnic Composition

White
95.2%
Black
1.6%
Asian
0.5%
Others
2.7%

Cost Of Living

What is the average cost of living in Parkers Lake, KY?

The cost of living in Parkers Lake is higher than the national average, with a cost of living index of 82.1. Median home values are around $110,000 and average rents for a two-bedroom apartment are approximately $700. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$110,000
Gross Rent
$700
Monthly Electricity Charges
$125
Auto Insurance
$1,270
House Owner Cost With Mortgage
$950
House Owner Cost Without Mortgage
$325
State Taxes
Low: 2%| High: 5%
Cost Of Living Index
82.1
Grocery
92.5
Housing
64.8
Utilities
97.3
Transportation
85.2
Health Care
89.7
Miscellaneous
91.4

Crime

Is Parkers Lake, KY a safe place to live?

Parkers Lake is considered a safe community, with a low violent crime rate of 190 incidents per 100,000 residents and a property crime chance of 1 in 53. 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
190
Property Crimes Per 100k
1,900
Crime Index
2,090
Chance Of Violent Crime
1 in 526
Chance Of Property Crime
1 in 53

Weather

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

Parkers Lake experiences four distinct seasons, with warm summers reaching highs of 87°F and cold winters dipping to 27°F. The area receives about 52 inches of rainfall annually and enjoys sunshine on 57% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
27°F
Max
44°F

Summer

Min
65°F
Max
87°F

Spring

Min
45°F
Max
70°F

Fall

Min
48°F
Max
72°F
Average Rainfall Inches
51.5 inches
Sunny Days Percentage
57%

Neighbors

The neighborhood boasts a healthy median household income of $38,200 and a low poverty rate of 22.8%. Over 79% of residents have at least a high school diploma, and nearly 11% hold a bachelor's degree or higher. Commute times average 29 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$22,500
Household Income
$38,200
Family Income
$42,100
Per Capita Income
$17,800
Income Male
$28,000
Income Female
$22,500
Poverty Rate
22.8%
Non English Speakers
2.4%
Rent
$700
Unemployment Rate
5.4%
Public Transport Usage
0.2%
Commute Time
29.3 minutes

Education

High School or Higher
78.9%
Bachelors or More
11.2%

Education

How are the schools in Parkers Lake, KY?

Parkers Lake offers quality education options, with public schools like McCreary Central High School and Pine Knot Intermediate School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Somerset Community College. The community is committed to educational excellence for all age groups.

Public Schools

Name
McCreary Central High School
Street
400 Raider Way
Phone
606-376-5051
Students
735
Student Teacher Ratio
16.5
Name
Pine Knot Intermediate School
Street
6519 KY-92
Phone
606-354-2214
Students
420
Student Teacher Ratio
15.8

Colleges

Name
Somerset Community College
City
Somerset
State
KY
Distance
33 miles
Students
5,300

Healthcare

Parkers Lake residents have access to quality healthcare, with major hospitals like Lake Cumberland Regional Hospital and McCreary County Health Department nearby. The community benefits from a high physician-to-resident ratio of 1.6 per 1,000 people and 88.5% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Lake Cumberland Regional Hospital
Address
305 Langdon St, Somerset, KY 42503
Phone
(606) 679-7441
Type
General & Surgical
Emergency Services
Yes
Name
McCreary County Health Department
Address
119 Medical Ln, Whitley City, KY 42653
Phone
(606) 376-2412
Type
Clinic
Emergency Services
No

Healthcare Access

Physicians Per 1000
1.6
Health Insurance Coverage
88.5%
Health Care Index
66.2

Housing Market

What is the housing market like in Parkers Lake, KY?

The local housing market is strong, with a median home price of $110,000 and an owner-occupied rate of nearly 75%. The market has seen a 4.2% appreciation over the past year, and rental vacancy rates remain moderate at 8.6%. Parkers Lake offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$110,000
Average Rent For 2 Bedroom
$700
Owner Occupied Rate
75.3%
Rental Vacancy Rate
8.6%
Home Appreciation Rate (1yr)
4.2%
New Construction Rate
0.5%
Foreclosure Rate
0.7%

DMV Information

Residents of Parkers Lake 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 St, 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 Parkers Lake, KY

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

Before moving to Parkers Lake, review the core fields on this page: population 2,400, median home value $110,000, average rent for 2 bedroom $700, commute time 29.3 minutes, and sunny days percentage 57%.

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