Median Income
$49,954
household / year
Median Home Value
$57,700
owner-occupied
Median Rent
$609
gross / month
Cost of Living
83
national avg = 100

Is Providence, KY a Good Place to Live?

Providence is a small town of 2,883 in Kentucky, with a median household income of $49,954 and a 8.2% unemployment rate. Its cost of living index is 83 (US average = 100), which is 17% below the national average.

Strengths: Providence stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Providence is right for you depends on your priorities — the full breakdown is below.

All Providence 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: 83.4

Providence's overall cost of living index is 83.4, where 100 represents the US national average. Living in Providence costs roughly 17% less than the average American city.

Metric Providence, KY National Avg
Median Home Value $57,700 $244,900
Median Monthly Rent $609 $1,163
Homeownership Rate 62.5% 65.9%
Median Household Income $49,954 $74,755

Crime & Safety

Very Safe

Providence's violent crime rate is 7.7 per 100,000 residents — 98% lower than the national average of ~380 per 100,000.

Violent Crime
7.7 /100k
Property Crime
363.2 /100k

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

Schools & Education

Providence is served primarily by Webster County. The student-to-teacher ratio is 18.2:1 (slightly above the national average of ~16:1).

Metric Providence, KY National Avg
School District Webster County
Elementary Schools 4
Middle Schools 1
High Schools 1
Student/Teacher Ratio 18.2:1 16:1
Bachelor's Degree or Higher 14.6% 35.4%
High School Diploma or Higher 83.9% 91.1%

Weather & Climate

Providence sees average highs of 43.4°F in January and 89.6°F in July, with 48.5 inches of annual precipitation and 9.8 inches of snow per year.

MetricProvidence, KY
Average High — January43.4°F
Average High — July89.6°F
Annual Precipitation48.5"
Annual Snowfall9.8"

Demographics

MetricProvidence, KYNational Avg
Population2,883
Median Age46.338.9
Unemployment Rate8.2%3.7%
Avg Commute Time30.0 min26 min
White (non-Hispanic)85.2%59.3%
Black or African American14.1%13.6%
Hispanic or Latino0.6%18.9%
Asian0.0%6.3%
Under 1816.4%22.2%
65 and over18.6%16.8%

Nearby Cities

ZIP Codes in Providence

Providence, KY is covered by 1 ZIP code:

Providence vs Other Cities

Frequently Asked Questions

Providence's cost of living index is 83, where 100 is the national average. That makes Providence roughly 17% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $57,700 and median rent is $609/month.
Providence's violent crime rate is 7.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 363.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Providence are operated by Webster County. The district has 4 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 18.2:1. 14.6% of adults 25+ hold a bachelor's degree or higher.
Providence, KY has a population of 2,883, a median household income of $49,954, and an unemployment rate of 8.2%. 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.
Providence averages 43.4°F in January and 89.6°F in July. Annual rainfall is 48.5 inches with about 9.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Providence, KY is covered by 1 ZIP code: 42450.
The population of Providence, Kentucky is 2,883 with a median age of 46.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Providence: cost of living index 83 (100 = US average), median home $57,700, median household income $49,954, crime index 8 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Providence side by side with your current city to see the trade-offs.