Everything You Should Know Before Moving to Ransom, KY
Considering a move to Ransom, KY? This quiet Eastern Kentucky community of about 250 residents offers low home prices (median $85,000) and affordable rents, making it a budget-friendly option. Crime rates are well below national averages, and you’ll enjoy a relaxed rural pace with average commutes around 28 minutes. The area features a mild climate, access to local schools, and is within reach of Pikeville’s medical and educational resources. Discover affordable living and a peaceful lifestyle in Ransom.
Demographics - Ransom, KY
Demographics - Ransom, KY
Ransom, KY is a small, close-knit community of around 250 residents, with a median age of 42.7 and a population density of 65 people per square mile. The city is predominantly White, with a balanced gender ratio and a small percentage of non-English speakers, contributing to its friendly rural atmosphere.
Population:
250
Density:
65 per sq mi
Median Age:
42.7
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
2.2%
Ethnic Composition
White:
96.2%
Black:
1.0%
Asian:
0.5%
Others:
2.3%
Cost Of Living
What is the average cost of living in Ransom, KY?
The cost of living in Ransom is notably affordable, with a median home value of $85,000 and average rent around $650 per month. Utilities and everyday expenses are below the national average, making it an attractive option for budget-conscious individuals and families.
Median House Value:
$85,000
Gross Rent:
$650
Monthly Electricity Charges:
$120
Auto Insurance:
$1,260
House Owner Cost With Mortgage:
$790
House Owner Cost Without Mortgage:
$330
State Taxes:
Low:
2%
|
High:
5%
Cost Of Living Index:
78.6
Grocery:
92.3
Housing:
51.4
Utilities:
98.2
Transportation:
91.0
Health Care:
89.7
Miscellaneous:
87.5
Crime
Is Ransom, KY a safe place to live?
Ransom experiences very low crime rates, with only 71 violent crimes and 740 property crimes per 100,000 residents, offering a safer environment compared to many other areas. Residents enjoy a high sense of security, with the odds of being a victim of violent crime at just 1 in 1,408.
Violent Crimes Per 100k:
71
Property Crimes Per 100k:
740
Crime Index:
811
Chance Of Violent Crime:
1 in 1,408
Chance Of Property Crime:
1 in 135
Weather
What is the weather like in Ransom, KY year-round?
Residents in Ransom enjoy a mild climate, with winter lows averaging 25°F and summer highs reaching 86°F. The area receives about 45 inches of rainfall annually and offers a moderate 54% of sunny days, making it comfortable for a variety of outdoor activities.
Winter
Min:
25°F
Max:
44°F
Spring
Min:
47°F
Max:
70°F
Summer
Min:
65°F
Max:
86°F
Fall
Min:
46°F
Max:
69°F
Average Rainfall Inches:
45.1 inches
Sunny Days Percentage:
54%
Neighbors
The community in Ransom has a median household income of $35,000, with a poverty rate of 24.5% and a relatively high owner-occupied housing rate. Most residents have at least a high school education, and average commute times are under 28 minutes, reflecting the area's rural character.
Median Income:
$30,200
Household Income:
$35,000
Family Income:
$41,300
Per Capita Income:
$19,800
Income Male:
$38,000
Income Female:
$25,200
Poverty Rate:
24.5%
Non English Speakers:
2.2%
Rent:
$650
Unemployment Rate:
8.5%
Public Transport Usage:
0.1%
Commute Time:
27.8 minutes
Education
High School or Higher:
78.2%
Bachelors or More:
10.6%
Education
How are the schools in Ransom, KY?
Families in Ransom benefit from access to local public schools like Belfry High and Middle School, which offer manageable class sizes and community-focused education. For higher learning, the University of Pikeville is just 23 miles away, providing convenient college opportunities.
Public Schools
Name:
Belfry High School
Street:
27678 US-119 N
Phone:
606-353-7271
Students:
750
Student Teacher Ratio:
15.8
Name:
Belfry Middle School
Street:
Belfry Middle School Rd
Phone:
606-353-7201
Students:
410
Student Teacher Ratio:
16.5
Colleges
Name:
University of Pikeville
City:
Pikeville
State:
KY
Distance:
23 miles
Students:
2,400
Healthcare
Ransom residents have access to major medical facilities like Pikeville Medical Center and Williamson Memorial Hospital within a short drive. With 88.5% health insurance coverage and a healthcare index of 68.4, basic and emergency health services are readily available.
Major Hospitals
Name:
Pikeville Medical Center
Address:
911 Bypass Rd, Pikeville, KY 41501
Phone:
(606) 218-3500
Type:
General & Surgical
Emergency Services:
Yes
Name:
Williamson Memorial Hospital
Address:
859 Alderson St, Williamson, WV 25661
Phone:
(304) 235-2014
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.6
Health Insurance Coverage:
88.5%
Health Care Index:
68.4
Housing Market
What is the housing market like in Ransom, KY?
The housing market in Ransom is affordable and stable, with a median home price of $85,000 and a strong owner-occupancy rate of 77.3%. Home values show steady appreciation, while rental vacancies remain moderate, offering good options for both buyers and renters.
Median Home Price:
$85,000
Average Rent For 2 Bedroom:
$650
Owner Occupied Rate:
77.3%
Rental Vacancy Rate:
7.2%
Home Appreciation Rate (1yr):
3.6%
New Construction Rate:
0.5%
Foreclosure Rate:
0.7%
DMV Information
Residents manage their driving and vehicle needs through the Kentucky Transportation Cabinet's Division of Driver Licensing, located in Frankfort. The DMV provides comprehensive driver and vehicle services both online and in person.
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.