Kentucky / Letcher County

Moving to Premium, KY

Thinking of making a move to Premium, 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 Premium, KY

Considering a move to Premium, KY? This welcoming community of 240 residents offers a blend of suburban charm and convenience, with median home prices around $95,000 and average rents near $650. Commute times average 24 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 Premium's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Premium, KY

Premium has a population of 240 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 94% White, 2% Black, and 0% Asian residents, and over 2% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
240
Density
18 per sq mi
Median Age
41.8
Gender Ratio
96 males per 100 females
Non-English Speakers Percentage
1.6%

Ethnic Composition

White
94.0%
Black
1.5%
Asian
0.3%
Others
4.2%

Cost Of Living

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

The cost of living in Premium is higher than the national average, with a cost of living index of 78.4. Median home values are around $95,000 and average rents for a two-bedroom apartment are approximately $650. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$95,000
Gross Rent
$650
Monthly Electricity Charges
$145
Auto Insurance
$1,360
House Owner Cost With Mortgage
$860
House Owner Cost Without Mortgage
$280
State Taxes
Low: 5.0%| High: 6.0%
Cost Of Living Index
78.4
Grocery
92.1
Housing
51.8
Utilities
96.7
Transportation
89.5
Health Care
94.3
Miscellaneous
90.2

Crime

Is Premium, KY a safe place to live?

Premium 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 93. 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
1,080
Crime Index
1,310
Chance Of Violent Crime
1 in 435
Chance Of Property Crime
1 in 93

Weather

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

Premium experiences four distinct seasons, with warm summers reaching highs of 88°F and cold winters dipping to 27°F. The area receives about 48 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
27°F
Max
44°F

Summer

Min
66°F
Max
88°F

Spring

Min
46°F
Max
69°F

Fall

Min
48°F
Max
71°F
Average Rainfall Inches
47.8 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $42,000 and a low poverty rate of 24.6%. Over 82% of residents have at least a high school diploma, and nearly 10% hold a bachelor's degree or higher. Commute times average 24 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$31,500
Household Income
$42,000
Family Income
$51,000
Per Capita Income
$19,800
Income Male
$34,500
Income Female
$27,800
Poverty Rate
24.6%
Non English Speakers
2.4%
Rent
$650
Unemployment Rate
5.8%
Public Transport Usage
0.8%
Commute Time
24.3 minutes

Education

High School or Higher
82.1%
Bachelors or More
9.6%

Education

How are the schools in Premium, KY?

Premium offers quality education options, with public schools like Mason County High School and Mason County Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Maysville Community and Technical College and Morehead State University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Mason County High School
Street
1320 U.S. Hwy 68
Phone
606-564-8100
Students
540
Student Teacher Ratio
15.1
Name
Mason County Middle School
Street
1800 U.S. Hwy 68
Phone
606-564-4028
Students
430
Student Teacher Ratio
14.6

Private Schools

Name
St. Patrick School
Street
1010 W 2nd St
Phone
606-564-3030
Students
120

Colleges

Name
Maysville Community and Technical College
City
Maysville
State
KY
Distance
18 miles
Students
3,000
Name
Morehead State University
City
Morehead
State
KY
Distance
58 miles
Students
9,200

Healthcare

Premium residents have access to quality healthcare, with major hospitals like Baptist Health Floyd and Norton King's Daughters' Health nearby. The community benefits from a high physician-to-resident ratio of 1.4 per 1,000 people and 86.7% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Baptist Health Floyd
Address
1850 State St, New Albany, IN 47150
Phone
(812) 944-7701
Type
General & Surgical
Emergency Services
Yes
Name
Norton King's Daughters' Health
Address
1373 E State Rd 62, Madison, IN 47250
Phone
(812) 801-0800
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.4
Health Insurance Coverage
86.7%
Health Care Index
62.8

Housing Market

What is the housing market like in Premium, KY?

The local housing market is strong, with a median home price of $95,000 and an owner-occupied rate of nearly 72%. The market has seen a 3.1% appreciation over the past year, and rental vacancy rates remain moderate at 7.8%. Premium offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$95,000
Average Rent For 2 Bedroom
$650
Owner Occupied Rate
72.4%
Rental Vacancy Rate
7.8%
Home Appreciation Rate (1yr)
3.1%
New Construction Rate
0.4%
Foreclosure Rate
0.8%

DMV Information

Residents of Premium 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 Street, Frankfort, KY 40622
Phone
1-502-564-1257

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 Premium, KY

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

Before moving to Premium, review the core fields on this page: population 240, median home value $95,000, average rent for 2 bedroom $650, commute time 24.3 minutes, and sunny days percentage 54%.

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