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Premium, KY
Thinking of moving to Premium, KY? With a cozy population of just 275, this rural community offers affordable living—a median home price of $93,000 and average rent around $600. Commute times average 25 minutes, and the area boasts a low violent crime rate of 132 per 100K. Residents enjoy a mild climate with 59% sunny days, and schools in nearby Letcher County provide local educational options. If you value small-town charm, low costs, and scenic Kentucky hills, Premium could be a great fit for your next move.
Premium, KY is a small rural community of 275 residents, predominantly White, with a median age of 43.1. The area features a balanced gender ratio and a close-knit atmosphere where most people speak English at home.
Living in Premium is highly affordable, with a median home value of $93,000 and average rents near $600. The overall cost of living index is well below the national average, making it attractive for budget-conscious individuals.
Premium experiences low crime rates, with just 132 violent crimes per 100,000 people, providing residents with a sense of safety. The risk of property crime is also relatively low compared to larger cities.
The climate in Premium features mild winters and warm summers, with average highs reaching 85°F in July and 41°F in January. Residents enjoy about 59% sunny days and receive over 48 inches of rainfall annually, supporting the region’s lush landscape.
Local households have a median income of $33,500, and about a quarter of residents live below the poverty line. Most neighbors have at least a high school education, and average commute times are around 25 minutes, reflecting the area's rural character.
Education in Premium is served by public schools in Letcher County, including a local high school and elementary school with favorable student-teacher ratios. Nearby Southeast Kentucky Community & Technical College provides accessible higher education within a short drive.
Healthcare access includes a general hospital in nearby Whitesburg and a physician rate of 1.5 per 1,000 residents. Most people have health insurance, contributing to a supportive local healthcare environment.
The housing market in Premium is stable and affordable, with a median home price of $93,000 and a high owner-occupancy rate of over 76%. Rental options are available, and the area sees low rates of new construction and foreclosures.
Driver services for Premium residents are provided by the Kentucky Transportation Cabinet in Frankfort, offering licensing and registration support both online and in person.
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.
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