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Wolfe County, KY&

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Population
7,261
-0.16% decline
Median Age
41.8
Median Household Income
$20,504
-3.27% decline
Poverty Rate
43%
Number of Employees
1,967
5.02% growth
Median Property Value
$52,700
2.33% growth

Economy

The economy of Wolfe County, KY employs 1,967 people. The economy of Wolfe County, KY is specialized in Mining, Quarrying, Oil, Gas Extraction; Public Admin.; and Utilities, which employ respectively 3.2; 2.33; and 2.2 times more people than what would be expected in a location of this size. The largest industries in Wolfe County, KY are Healthcare & Social Assistance (333), Educational Services (283), and Retail trade (230), and the highest paying industries are Mining, Quarrying, Oil, Gas Extraction ($67,031), Professional, Scientific, Tech Services ($50,184), and Transportation & Warehousing ($30,962).

Median household income in Wolfe County, KY is $20,504. Males in Wolfe County, KY have an average income that is 1.32 times higher than the average income of females, which is $33,524. The income inequality of Wolfe County, KY (measured using the Gini index) is 0.445 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Wolfe County, KY. In Wolfe County, KY the age groups most likely to have health care coverage are 6-17 and 55-64, men and women, respectively. The location has a 1 to 14 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,697. Perry County, KY has the highest prevalence of homicides of any county in Kentucky.

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Showing data across all counties in Kentucky.

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Diversity

Wolfe County, KY is home to a population of 7,261 people, from which 100% are citizens. The ethnic composition of the population of Wolfe County, KY is composed of 7,140 White residents (98.3%), 35 Hispanic residents (0.48%), 26 Two+ residents (0.36%), 26 Black residents (0.36%), and 20 Native residents (0.28%). The most common foreign languages in Wolfe County, KY are Spanish (14 speakers), French (N/A speakers), and French Creole (N/A speakers), but compared to other places, Wolfe County, KY has a relative high number of Spanish (14 speakers), French Creole (N/A speakers), and French (N/A speakers).

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Education

In 2015 universities in Kentucky River Area Development District PUMA, KY awarded 1,823 degrees. The student population of Kentucky River Area Development District PUMA, KY is skewed towards females, with 629 male students and 1,194 female students. Most students in Kentucky River Area Development District PUMA, KY are White (1,727 and 94.7%), followed by Black or African American (34 and 1.87%), Hispanic or Latino (20 and 1.1%), and Unknown (17 and 0.93%). The largest universities in Kentucky River Area Development District PUMA, KY by number of graduates are Hazard Community and Technical College (1,201 and 65.9%), Frontier Nursing University (521 and 28.6%), and Alice Lloyd College (76 and 4.17%). The most popular majors in Kentucky River Area Development District PUMA, KY are Automobile Mechanics Technology (130 and 7.13%), General Computer & Information Sciences (101 and 5.54%), and Licensed Practical & Vocational Nurse Training (89 and 4.88%). The median tuition costs in Kentucky River Area Development District PUMA, KY are N/A for private four year colleges, and $9,600 and $9,600 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Wolfe County, KY is $52,700, which is 0.27 times smaller than the national average of $194,500. Between 2014 and 2015 the median property value increased from $51,500 to $52,700, a 2.33% increase. The homeownership rate of Wolfe County, KY is 66.3%, which is higher than the national average of 63.9%. People in Wolfe County, KY have an average commute time of 30.9 minutes, and they commute by Drove Alone. Car ownership in Wolfe County, KY is approximately the same as the national average, with an average of 2 cars per household.

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