Median Income
$58,294
household / year
Median Home Value
$106,600
owner-occupied
Median Rent
$922
gross / month
Cost of Living
88
national avg = 100

Is Flatwoods, KY a Good Place to Live?

Flatwoods is a small town of 7,312 in Kentucky, with a median household income of $58,294 and a 4.8% unemployment rate. Its cost of living index is 88 (US average = 100), which is 12% below the national average.

Strengths: Flatwoods stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B-), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Flatwoods is right for you depends on your priorities — the full breakdown is below.

All Flatwoods city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 88.4

Flatwoods's overall cost of living index is 88.4, where 100 represents the US national average. Living in Flatwoods costs roughly 12% less than the average American city.

Metric Flatwoods, KY National Avg
Median Home Value $106,600 $244,900
Median Monthly Rent $922 $1,163
Homeownership Rate 74.8% 65.9%
Median Household Income $58,294 $74,755

Crime & Safety

Very Safe

Flatwoods's violent crime rate is 55.6 per 100,000 residents — 85% lower than the national average of ~380 per 100,000.

Violent Crime
55.6 /100k
Property Crime
208.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Flatwoods is served primarily by Russell Independent. The student-to-teacher ratio is 15.9:1 (better than the national average of ~16:1).

Metric Flatwoods, KY National Avg
School District Russell Independent —
Elementary Schools 2 —
Middle Schools 1 —
High Schools 2 —
Student/Teacher Ratio 15.9:1 16:1
Bachelor's Degree or Higher 15.9% 35.4%
High School Diploma or Higher 89.1% 91.1%

Weather & Climate

Flatwoods sees average highs of 39.8°F in January and 85.4°F in July, with 46.7 inches of annual precipitation and 6.2 inches of snow per year.

MetricFlatwoods, KY
Average High — January39.8°F
Average High — July85.4°F
Annual Precipitation46.7"
Annual Snowfall6.2"

Demographics

MetricFlatwoods, KYNational Avg
Population7,312—
Median Age43.738.9
Unemployment Rate4.8%3.7%
Avg Commute Time21.2 min26 min
White (non-Hispanic)97.5%59.3%
Black or African American0.8%13.6%
Hispanic or Latino0.3%18.9%
Asian0.6%6.3%
Under 1822.8%22.2%
65 and over22.3%16.8%

Nearby Cities

ZIP Codes in Flatwoods

Flatwoods, KY is covered by 1 ZIP code:

Flatwoods vs Other Cities

Frequently Asked Questions

Flatwoods's cost of living index is 88, where 100 is the national average. That makes Flatwoods roughly 12% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $106,600 and median rent is $922/month.
Flatwoods's violent crime rate is 55.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 208.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Flatwoods are operated by Russell Independent. The district has 2 elementary, 1 middle, and 2 high schools. The student-to-teacher ratio is 15.9:1. 15.9% of adults 25+ hold a bachelor's degree or higher.
Flatwoods, KY has a population of 7,312, a median household income of $58,294, and an unemployment rate of 4.8%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Flatwoods averages 39.8°F in January and 85.4°F in July. Annual rainfall is 46.7 inches with about 6.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Flatwoods, KY is covered by 1 ZIP code: 41139.
The population of Flatwoods, Kentucky is 7,312 with a median age of 43.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Flatwoods: cost of living index 88 (100 = US average), median home $106,600, median household income $58,294, crime index 13 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Flatwoods side by side with your current city to see the trade-offs.