Everything You Should Know Before Moving to Payneville, KY
Considering a move to Payneville, KY? This small rural community of about 1,000 offers affordable living, with median home prices around $147,000 and average rents of $800. Residents enjoy a quiet lifestyle, low crime rates (just 86 violent crimes per 100K), and scenic surroundings. Commute times average 28 minutes, and local schools provide a close-knit educational environment. Payneville’s mild climate, ample sunny days, and access to regional healthcare make it a peaceful spot for those seeking a relaxed pace of life.
Demographics - Payneville, KY
Demographics - Payneville, KY
Payneville is a small, close-knit community of about 1,000 residents, with a median age of 42 and a population density of 35 people per square mile. The town is predominantly White, with a balanced gender ratio and a small percentage of non-English speakers, creating a friendly and familiar atmosphere for newcomers.
Population:
1,000
Density:
35 per sq mi
Median Age:
42.0
Gender Ratio:
99 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
95.0%
Black:
2.0%
Asian:
0.5%
Others:
2.5%
Cost Of Living
What is the average cost of living in Payneville, KY?
Living in Payneville is highly affordable, with a median home value of $147,000 and average rent around $800. The overall cost of living index is well below the national average, making it an attractive option for those seeking budget-friendly housing and everyday expenses.
Median House Value:
$147,000
Gross Rent:
$800
Monthly Electricity Charges:
$125
Auto Insurance:
$1,250
House Owner Cost With Mortgage:
$950
House Owner Cost Without Mortgage:
$350
State Taxes:
Low:
2.0%
|
High:
5.0%
Cost Of Living Index:
82.0
Grocery:
95.0
Housing:
65.0
Utilities:
92.0
Transportation:
87.0
Health Care:
89.0
Miscellaneous:
85.0
Crime
Is Payneville, KY a safe place to live?
Payneville offers a notably safe environment, experiencing just 86 violent crimes per 100,000 residents and a low risk of property crime. Most locals enjoy peace of mind, with the chance of encountering violent crime being 1 in 1,160.
Violent Crimes Per 100k:
86
Property Crimes Per 100k:
890
Crime Index:
976
Chance Of Violent Crime:
1 in 1,160
Chance Of Property Crime:
1 in 112
Weather
What is the weather like in Payneville, KY year-round?
Residents experience four distinct seasons, with mild winters averaging lows of 25°F and warm summers reaching up to 87°F. The area receives about 48.5 inches of rain annually and enjoys 58% sunny days, making it ideal for those who appreciate a moderate climate.
Winter
Min:
25°F
Max:
43°F
Spring
Min:
45°F
Max:
70°F
Summer
Min:
65°F
Max:
87°F
Fall
Min:
47°F
Max:
70°F
Average Rainfall Inches:
48.5 inches
Sunny Days Percentage:
58%
Neighbors
The community is shaped by modest incomes, with a median household income of $56,500 and a poverty rate of 14%. Most neighbors commute about 28 minutes to work and value education, with nearly 89% holding at least a high school diploma.
Median Income:
$34,000
Household Income:
$56,500
Family Income:
$64,000
Per Capita Income:
$27,500
Income Male:
$38,000
Income Female:
$29,000
Poverty Rate:
14.0%
Non English Speakers:
2.5%
Rent:
$800
Unemployment Rate:
4.7%
Public Transport Usage:
0.4%
Commute Time:
28.5 minutes
Education
High School or Higher:
88.5%
Bachelors or More:
12.2%
Education
How are the schools in Payneville, KY?
Local education is anchored by Payneville Elementary, which offers small class sizes and a supportive environment. For higher education, Elizabethtown Community and Technical College is within a short drive, giving students access to broader opportunities.
Public Schools
Name:
Payneville Elementary School
Street:
118 Hwy 144, Payneville, KY 40157
Phone:
270-496-4342
Students:
225
Student Teacher Ratio:
13.0
Colleges
Name:
Elizabethtown Community and Technical College
City:
Elizabethtown
State:
KY
Distance:
35 miles
Students:
6,500
Healthcare
Access to regional healthcare is solid, with facilities like Breckinridge Memorial Hospital nearby and an above-average physician-to-resident ratio of 1.8 per 1,000. Nearly 89% of residents are insured, contributing to overall community well-being.
Major Hospitals
Name:
Breckinridge Memorial Hospital
Address:
1011 Old Hwy 60, Hardinsburg, KY 40143
Phone:
(270) 756-7000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.8
Health Insurance Coverage:
89.0%
Health Care Index:
72.0
Housing Market
What is the housing market like in Payneville, KY?
Payneville’s housing market is stable and accessible, with a median home price of $147,000 and a high owner-occupancy rate of 76.5%. Home values have appreciated by 4.2% in the past year, and rental options remain affordable.
Median Home Price:
$147,000
Average Rent For 2 Bedroom:
$800
Owner Occupied Rate:
76.5%
Rental Vacancy Rate:
7.8%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
0.7%
Foreclosure Rate:
0.8%
DMV Information
Residents can manage their driver and vehicle needs through the Kentucky Transportation Cabinet in Frankfort, with convenient access to services both in person and online. The state’s DMV provides up-to-date resources for licensing and registration.
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.