Beaver Dam, KY

Census Place

2024 Population

3,524

US Senator

Mitch McConnell

Republican Party

US Senator

Rand Paul

Republican Party

2024 Median Age

35.9

1.99% 1-year increase

2024 Poverty Rate

11.2%

17.4% 1-year increase

2024 Median Household Income

$53,944

2.66% 1-year growth

2024 Median Property Value

$167,900

7.77% 1-year growth

Population & Diversity

Beaver Dam, KY is home to a population of 3.52k people, from which 93.6% are citizens.

As of 2024, 10.3% of Beaver Dam, KY residents were born outside of the country (364 people).

In 2024, there were 7.32 times more White (Non-Hispanic) residents (2.82k people) in Beaver Dam, KY than any other race or ethnicity. There were 385 Two Races Including Other (Hispanic) and 137 Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

93.6%

2024 Citizenship

95.2%

2023 Citizenship

As of 2024, 93.6% of Beaver Dam, KY residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Beaver Dam, KY was 95.2%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Beaver Dam, KY compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Beaver Dam, KY

White (Non-Hispanic)
2.82k ± 249
Two Races Including Other (Hispanic)
385 ± 250
Other (Hispanic)
137 ± 131

17.4%

Hispanic Population

614 people

17.4% of the people in Beaver Dam, KY are hispanic (614 people).

The following chart shows the 8 races represented in Beaver Dam, KY as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Kentucky.

Most Common Origin

Mexico
34,417 ± 4,537 people
Cuba
21,613 ± 3,601 people
India
11,987 ± 2,684 people

In 2024, the most common birthplace for the foreign-born residents of Kentucky was Mexico, the natal country of 34,417 Kentucky residents, followed by Cuba with 21,613 and India with 11,987.

Foreign-Born Population

10.3%

2024 Foreign-Born Population

364 people

10.5%

2023 Foreign-Born Population

369 people

As of 2024, 10.3% of Beaver Dam, KY residents (364 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Beaver Dam, KY was 10.5%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Beaver Dam, KY compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
56 ± 59
Gulf War (2001-)
34 ± 37
Gulf War (1990s)
32 ± 38

Beaver Dam, KY has a large population of military personnel who served in Vietnam, 1.65 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Beaver Dam, KY.

Economy

The economy of Beaver Dam, KY employs 1.44k people. In 2024, the largest industries in Beaver Dam, KY were Construction (306 people), Health Care & Social Assistance (269 people), and Manufacturing (219 people), and the highest paying industries were Finance & Insurance ($62,321), Finance & Insurance, & Real Estate & Rental & Leasing ($62,321), and Public Administration ($61,900).

Employment

Occupations

1.44k

2024 Value

± 339

4.89%

1 Year growth

± 32.3%

From 2023 to 2024, employment in Beaver Dam, KY grew at a rate of 4.89%, from 1.37k employees to 1.44k employees.

The most common job groups, by number of people living in Beaver Dam, KY, are Construction & Extraction Occupations (221 people), Office & Administrative Support Occupations (200 people), and Education Instruction, & Library Occupations (185 people). This chart illustrates the share breakdown of the primary jobs held by residents of Beaver Dam, KY.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Kentucky.

This chart shows weekly unemployment insurance claims in Kentucky (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

1.44k

2024 Value

± 339

4.89%

1 Year growth

± 32.3%

From 2023 to 2024, employment in Beaver Dam, KY grew at a rate of 4.89%, from 1.37k employees to 1.44k employees.

The most common employment sectors for those who live in Beaver Dam, KY, are Construction (306 people), Health Care & Social Assistance (269 people), and Manufacturing (219 people). This chart shows the share breakdown of the primary industries for residents of Beaver Dam, KY, though some of these residents may live in Beaver Dam, KY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$47,411

Median earning men ± $10,212

$22,216

Median earning women ± $6,939

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($61,176), Construction ($53,313), and Manufacturing ($48,950).

The industries with the best median earnings for women in 2024 are Public Administration ($65,813), Finance & Insurance, & Real Estate & Rental & Leasing ($61,339), and Educational Services, & Health Care & Social Assistance ($16,976).

Housing & Living

The median property value in Beaver Dam, KY was $167,900 in 2024, which is 0.505 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $155,800 to $167,900, a 7.77% increase. The homeownership rate in Beaver Dam, KY is 57.8%, which is lower than the national average of 65.2%.

People in Beaver Dam, KY have an average commute time of 31.6 minutes, and they drove alone to work. Car ownership in Beaver Dam, KY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$167,900

Median Property Value 2024

±$14,045

$754

Median Property Taxes

±$196

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Beaver Dam, KY the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Beaver Dam, KY compared to it's parent and neighbor geographies.

Rent vs Own

57.8%

Homeownership

2024

70.2%

Homeowners with Mortgage

2024

In 2024, 57.8% of the housing units in Beaver Dam, KY were occupied by their owner. This percentage declined from the previous year's rate of 62.7%.

This chart shows the percentage of owner in Beaver Dam, KY compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$53,944

Median Household Income

± $6,079

1.3k

Number of Households

± 268

In 2024, the median household income of the 1.3k households in Beaver Dam, KY grew to $53,944 from the previous year's value of $52,546.

The following chart displays the households in Beaver Dam, KY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $50k - $60k range.

Wage Distribution

The closest comparable wage GINI for Beaver Dam, KY is from Kentucky.

0.446

2024 Wage GINI in Kentucky

0.449

2023 Wage GINI in Kentucky

In 2024, the income inequality in Kentucky was 0.446 according to the GINI calculation of the wage distribution. Income inequality had a 0.585% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Kentucky was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Kentucky in comparison to the national average.

This chart shows the number of workers in Kentucky across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (89.4%)
Carpooled (8.27%)
Worked At Home (2.34%)

In 2024, 89.4% of workers in Beaver Dam, KY drove alone to work, followed by those who carpooled to work (8.27%) and those who worked at home (2.34%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

31.6 minutes

Average Travel Time

Using averages, employees in Beaver Dam, KY have a longer commute time (31.6 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Beaver Dam, KY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Beaver Dam, KY compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Beaver Dam, KY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Beaver Dam, KY have 2 cars.

Poverty

Poverty & Diversity

11.2% of the population for whom poverty status is determined in Beaver Dam, KY (393 out of 3.52k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Males 25 - 34 and then Females 75+.

The most common racial or ethnic group living below the poverty line in Beaver Dam, KY is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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