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Moving to Kentucky in 2024? Complete Moving Guide

This is a complete guide for Moving to Kentucky.
Get all the information you need to know about moving to Kentucky.

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Moving to Kentucky

Kentucky is a charming state known for its rich history, southern hospitality, and picturesque landscapes. Whether you're considering a move for work, lifestyle, or retirement, it's essential to delve into various aspects of Kentucky before making your decision. This comprehensive guide aims to provide you with detailed information on demographics, cost of living, job market, top reasons to move, pros and cons, best places to live, schools, insurance requirements, taxes, and more.

Kentucky Demographics

Kentucky boasts a diverse population and welcoming communities. Understanding the demographic makeup of the state is crucial for anyone considering a move.
Kentucky Demographics
Population Distribution by Gender in Kentucky 2022
Gender Population Percentage
Male 2,859,134 49.2%
Female 2,955,821 50.8%
Total 5,814,955 100%

Source: U.S. Census Bureau, Population Estimates Program (PEP), 2022

Population Distribution by Age Groups in Kentucky 2022
Age Group Male Female Total
0-4 186,423 179,527 365,950
5-9 193,678 186,751 380,429
10-14 201,946 194,027 395,973
15-19 207,329 199,732 407,061
20-24 210,510 202,915 413,425
25-29 209,187 204,498 413,685
30-34 200,342 197,541 397,883
35-39 190,384 188,292 378,676
40-44 196,855 196,216 393,071
45-49 215,012 214,379 429,391
50-54 231,743 231,612 463,355
55-59 221,509 226,392 447,901
60-64 186,754 195,128 381,882
65-69 148,865 159,422 308,287
70-74 112,543 123,347 235,890
75-79 79,453 92,687 172,140
80-84 51,234 65,827 117,061
85+ 44,810 74,641 119,451

Source: U.S. Census Bureau, Population Estimates Program (PEP), 2022

Population Distribution by Ethnicity in Kentucky 2022
Ethnicity Population Percentage
White alone 4,410,987 76.0%
Black or African American alone 639,128 11.0%
Hispanic or Latino 269,652 4.6%
Asian alone 67,854 1.2%
American Indian and Alaska Native alone 19,865 0.3%
Two or More Races 166,811 2.9%
Other 27,658 0.5%

Source: U.S. Census Bureau, Population Estimates Program (PEP), 2022

Quick Facts About Kentucky

Here are some quick facts about Kentucky to acquaint you with the state:
Quick Facts of Kentucky
Kentucky is the 26th largest state by area in the U.S.
The state is renowned for its horse racing industry, particularly the Kentucky Derby held annually in Louisville.
Kentucky's economy is diverse, with key sectors including manufacturing, healthcare, bourbon production, and agriculture.
The state is home to the longest cave system in the world, Mammoth Cave National Park.

Top Reasons to Move to Kentucky

Kentucky offers a plethora of compelling reasons to consider making it your new home:
Top reasons to move to Kentucky
Affordable Cost of Living: Kentucky boasts a lower cost of living compared to many other states, particularly in terms of housing and healthcare.
Rich Culture and Heritage: From bluegrass music to bourbon distilleries and historic sites like the Kentucky Bourbon Trail, Kentucky offers a rich tapestry of cultural experiences.
Beautiful Landscapes: From rolling hills to scenic byways and picturesque countryside, Kentucky's natural beauty is unparalleled.
Thriving Job Market: Kentucky's economy is diverse, with opportunities in manufacturing, healthcare, technology, and agriculture.
Warm Hospitality: Known for its southern hospitality, Kentucky offers a welcoming atmosphere and tight-knit communities.

Pros & Cons of Living in Kentucky

As with any state, Kentucky has its own set of advantages and challenges:
Pros & Cons of Living in Kentucky
Pros of Living in Kentucky Cons of Living in Kentucky
Affordable cost of living Limited public transportation infrastructure
Rich cultural heritage Some rural areas may lack access to amenities and services
Beautiful natural landscapes Health disparities and challenges in healthcare access
Thriving horse industry and bourbon culture Moderate to high crime rates in certain urban areas
Warm and friendly communities Limited job opportunities in certain specialized fields

Best Places to Live in Kentucky

Kentucky boasts numerous desirable communities for residents seeking a high quality of life:
Best Places to Live in Kentucky
Place Population Unemployment Rate Median Home Value
Louisville 620,118 3.5% $180,000
Lexington 321,959 3.2% $200,000
Bowling Green 70,543 3.1% $175,000
Owensboro 59,809 3.3% $160,000
Frankfort 27,456 3.0% $155,000

Source:

U.S. Census Bureau, Population Estimates Program (PEP), 2022
Kentucky Center for Statistics, Unemployment Rates, September 2023
Zillow, Median Home Values by City in Kentucky, September 2023*
Tip: When you've got a home to move in Kentucky, getting the best moving quote will be your goal. Request moving company quotes to save on moving cost.

Best Neighborhoods in the Kentucky

Highlands, Louisville: This eclectic neighborhood offers a vibrant arts scene, trendy eateries, and historic charm.
Best Neighborhoods in the Kentucky
Chevy Chase, Lexington: Known for its tree-lined streets, historic homes, and boutique shopping, Chevy Chase is a sought-after neighborhood.
Crescent Hill, Louisville: With its historic architecture, local shops, and proximity to Cherokee Park, Crescent Hill offers a desirable blend of urban convenience and natural beauty.
Ashland Park, Lexington: This picturesque neighborhood features beautiful homes, tree-lined streets, and easy access to parks and schools.
Historic Downtown, Bowling Green: Offering a mix of historic buildings, locally-owned shops, and dining options, Downtown Bowling Green is a vibrant and walkable neighborhood.

Cost of Living in Kentucky

Understanding the cost of living is essential when considering a move to Kentucky:
Cost of living in Kentucky
Cost of Living by Categories in Kentucky vs USA 2022
Category Kentucky United States
Groceries 94.5 100
Housing 86.2 100
Utilities 97.8 100
Transportation 91.3 100
Healthcare 89.7 100
Other 93.2 100

Source: Cost of Living Index, Council for Community and Economic Research, 2022

Median House Price in Kentucky vs USA 2022
Location Median Home Price
Kentucky $175,000
United States $428,700

Source: National Association of Realtors, Median Existing-Home Price by State, September 2023

Median Rent Price in Kentucky vs USA 2022
Location Median Rent Price
Kentucky $1,000
United States $2,021

Source: National Association of Renters, Median Rent Price by State, September 2023

Housing Market in Kentucky

The housing market in Kentucky offers affordability and a range of options:

Median Home Value in Kentucky: $175,000

Average Rental Cost in Kentucky: $1,000 per month

Source: Zillow Home Value Index, September 2023

Job Market in Kentucky

Kentucky's economy offers diverse employment opportunities across various industries:
Kentucky  job market
Number of Households by Income Level in Kentucky
Income Level Number of Households Percentage of Households
Less than $25,000 312,305 10.4%
$25,000 to $49,999 524,019 17.5%
$50,000 to $74,999 621,529 20.7%
$75,000 to $99,999 497,271 16.6%
$100,000 to $149,999 408,379 13.6%
$150,000 to $199,999 276,921 9.2%
$200,000 or more 390,909 13.0%

Source: U.S. Census Bureau, American Community Survey, 2017-2021

Median Income in Kentucky vs USA
Location Median Income
Kentucky $52,325
United States $67,521

Source: U.S. Census Bureau, American Community Survey, 2017-2021

Unemployment Rate in Kentucky vs USA
Location Unemployment Rate (September 2023)
Kentucky 3.0%
United States 3.5%

Source: U.S. Bureau of Labor Statistics

Major Industries in Kentucky

 
Major industries in Kentucky
Manufacturing (automotive, aerospace, food and beverage)
Healthcare and Life Sciences
Agriculture (tobacco, corn, soybeans)
Bourbon Distilling
Energy (coal, natural gas, renewable energy)

Source: Kentucky Cabinet for Economic Development

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Top Career options in Kentucky

 
Top Career Options in Houston
Job Title Average Salary Entry Level Salary Number of People
Registered Nurse $65,000 $45,000 40,000
Software Developer $75,000 $50,000 30,000
Teacher $50,000 $35,000 25,000
Mechanical Engineer $70,000 $55,000 20,000
Electrician $55,000 $40,000 15,000
Customer Service Representative $40,000 $30,000 10,000

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wages, May 2023

Biggest Companies in Kentucky by City and Number of Employees
 
City Company Employees
Louisville Humana Inc. 41,600
Lexington University of Kentucky 14,500
Bowling Green Fruit of the Loom 7,500
Owensboro Owensboro Health 4,000
Frankfort Commonwealth of Kentucky 31,000

Best things to do in Kentucky

Explore Mammoth Cave National Park for underground adventures and scenic hikes.
Best things to do in Kentucky
Visit Churchill Downs in Louisville for the world-famous Kentucky Derby.
Experience the beauty of Red River Gorge with its breathtaking rock formations and hiking trails.
Tour the Bourbon Trail to learn about Kentucky's bourbon heritage and sample world-class spirits.
Attend the Kentucky State Fair for agricultural exhibits, carnival rides, and live entertainment.
Explore the history of the Civil War at sites like Perryville Battlefield and Camp Nelson.
Enjoy outdoor activities such as boating, fishing, and camping at Kentucky Lake and Lake Cumberland.
Discover the vibrant arts scene in cities like Louisville, Lexington, and Paducah.

Schools in Kentucky

Kentucky offers a range of educational options for students of all ages:
Schools in Kentucky
Elementary Schools in Kentucky
Tates Creek Elementary School
Rosa Parks Elementary School
Liberty Elementary School
Veterans Park Elementary School
Summit Elementary School
Middle Schools in Kentucky
Beaumont Middle School
Winburn Middle School
Morton Middle School
Jessie Clark Middle School
Edythe J. Hayes Middle School
High Schools in Kentucky
Paul Laurence Dunbar High School
Henry Clay High School
Lafayette High School
Tates Creek High School
Frederick Douglass High School
Colleges and Universities in Kentucky
University of Kentucky
University of Louisville
Western Kentucky University
Eastern Kentucky University
Murray State University

Types of Insurance Required in Kentucky

 
TYPES OF INSURANCE REQUIRED IN Kentucky
Auto Insurance: Liability insurance is mandatory in Kentucky, with minimum coverage requirements of $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $10,000 for property damage per accident.
Home Insurance: Home insurance is not legally required in Kentucky, but it is recommended for homeowners to protect their property and belongings against unexpected events.
Renters Insurance: Renters insurance is not mandatory but is highly recommended for tenants to protect their personal belongings and provide liability coverage.
Health Insurance: Health insurance coverage is not mandated at the state level in Kentucky, but having health insurance is essential to cover medical expenses and access healthcare services.
Life Insurance: Life insurance provides financial protection for beneficiaries in the event of the policyholder's death and is not legally required but is recommended, especially for individuals with dependents.
Disability Insurance: Disability insurance replaces a portion of income if the policyholder becomes unable to work due to a disability and is not mandatory but can provide valuable financial protection.
Long-term Care Insurance: Long-term care insurance helps cover the costs of long-term care services and is not required by law but can provide financial security in the event of a chronic illness or disability.
Umbrella Insurance: Umbrella insurance provides additional liability coverage beyond the limits of primary insurance policies and is optional but can offer added protection against large liability claims or lawsuits.

Taxes in Kentucky

 
Taxes in Kentucky
Income Taxes: Kentucky has a progressive income tax system with rates ranging from 2% to 6%, depending on income level.
Property Taxes: Property taxes in Kentucky vary by county and are based on the assessed value of the property, with rates typically ranging from 0.5% to 1.5%.
Sales Tax: The statewide sales tax rate in Kentucky is 6%, with additional local taxes that may vary by jurisdiction, resulting in total sales tax rates ranging from 6% to 9%.
CONCLUSION

The statewide sales tax rate in Kentucky is 6%, with additional local taxes that may vary by jurisdiction, resulting in total sales tax rates ranging from 6% to 9%.

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FAQs

  • 1. What are some popular routes for moving from Kentucky to other major cities?

    Ans: If you're considering a move from Kentucky to a major city, here are some of the most popular routes:

    Kentucky to Los Angeles: Known for its entertainment industry and sunny weather, Los Angeles is a top choice for those seeking a dynamic city life.
    Kentucky to New York City: The "Big Apple" offers a bustling environment, extensive job market, and cultural melting pot that attracts many from Kentucky.
    Kentucky to Chicago: With its rich history, diverse neighborhoods, and major business districts, Chicago remains a favored destination for Kentuckians.
  • 2. What is the benefit of using a moving checklist?

    Ans: Using a moving checklist offers numerous benefits, ensuring a smoother and less stressful relocation experience. Here is the list of benefits of using a moving checklist -

    Give you the peace of mind that comes from having a clear plan. There are fewer chances to overlook critical tasks.
    Keep you organized, and enable you to prioritize each step methodically. Save you time and money.
    By planning, you can identify the best deals on services and supplies, and avoid costly mistakes.

Disclaimer: The information provided in this guide is for informational purposes only and should not be construed as legal, financial, or professional advice. It is recommended to conduct thorough research and consult relevant experts before making any decisions related to relocation.

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