Nebo, KY

Census Place

2024 Population

217

US Senator

Mitch McConnell

Republican Party

US Senator

Rand Paul

Republican Party

2024 Median Age

38.3

12% 1-year decrease

2024 Poverty Rate

14.3%

2.76% 1-year increase

2024 Median Household Income

$49,844

5.98% 1-year growth

2024 Median Property Value

$95,000

13.5% 1-year decline

Economy

The economy of Nebo, KY employs 107 people. In 2024, the largest industries in Nebo, KY were Health Care & Social Assistance (23 people), Transportation & Warehousing (15 people), and Finance & Insurance (14 people), and the highest paying industries were Transportation & Warehousing ($80,250), Transportation & Warehousing, & Utilities ($80,250), and Finance & Insurance ($53,750).

Employment

Occupations

107

2024 Value

± 77

5.94%

1 Year growth

± 102%

From 2023 to 2024, employment in Nebo, KY grew at a rate of 5.94%, from 101 employees to 107 employees.

The most common job groups, by number of people living in Nebo, KY, are Management Occupations (17 people), Sales & Related Occupations (15 people), and Material Moving Occupations (12 people). This chart illustrates the share breakdown of the primary jobs held by residents of Nebo, 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

107

2024 Value

± 77

5.94%

1 Year growth

± 102%

From 2023 to 2024, employment in Nebo, KY grew at a rate of 5.94%, from 101 employees to 107 employees.

The most common employment sectors for those who live in Nebo, KY, are Health Care & Social Assistance (23 people), Transportation & Warehousing (15 people), and Finance & Insurance (14 people). This chart shows the share breakdown of the primary industries for residents of Nebo, KY, though some of these residents may live in Nebo, KY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$46,250

Median earning men ± $25,186

$36,250

Median earning women ± $9,537

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($80,250) and Manufacturing ($32,813).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($46,875), Retail Trade ($35,750), and Educational Services, & Health Care & Social Assistance ($31,000).

Housing & Living

The median property value in Nebo, KY was $95,000 in 2024, which is 0.286 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $109,800 to $95,000, a 13.5% decrease. The homeownership rate in Nebo, KY is 75.3%, which is higher than the national average of 65.2%.

People in Nebo, KY have an average commute time of 23.7 minutes, and they drove alone to work. Car ownership in Nebo, KY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$95,000

Median Property Value 2024

±$29,659

$61

Median Property Taxes

±$40

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 Nebo, KY the largest share of households pay taxes in the < $800 range.

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

Rent vs Own

75.3%

Homeownership

2024

59.5%

Homeowners with Mortgage

2024

In 2024, 75.3% of the housing units in Nebo, KY were occupied by their owner. This percentage grew from the previous year's rate of 71.8%.

This chart shows the percentage of owner in Nebo, 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.

$49,844

Median Household Income

± $20,795

Number of Households

± 36

In 2024, the median household income of the 81 households in Nebo, KY grew to $49,844 from the previous year's value of $47,031.

The following chart displays the households in Nebo, 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 $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Nebo, 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 (91.4%)
Carpooled (3.81%)
Bicycle (1.9%)

In 2024, 91.4% of workers in Nebo, KY drove alone to work, followed by those who carpooled to work (3.81%) and those who used a bicycle to get to work (1.9%).

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

23.7 minutes

Average Travel Time

Using averages, employees in Nebo, KY have a shorter commute time (23.7 minutes) than the normal US worker (26.4 minutes). Additionally, 1.9% of the workforce in Nebo, KY have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

14.3% of the population for whom poverty status is determined in Nebo, KY (31 out of 217 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Males 25 - 34 and then Males 6 - 11.

The most common racial or ethnic group living below the poverty line in Nebo, 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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