Median Income
$43,571
household / year
Median Home Value
$80,000
owner-occupied
Median Rent
$773
gross / month
Cost of Living
87
national avg = 100

Is Ravenna, KY a Good Place to Live?

Ravenna is a small town of 650 in Kentucky, with a median household income of $43,571 and a 11.0% unemployment rate. Its cost of living index is 87 (US average = 100), which is 13% below the national average.

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

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

All Ravenna 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: 86.9

Ravenna's overall cost of living index is 86.9, where 100 represents the US national average. Living in Ravenna costs roughly 13% less than the average American city.

Metric Ravenna, KY National Avg
Median Home Value $80,000 $244,900
Median Monthly Rent $773 $1,163
Homeownership Rate 67.6% 65.9%
Median Household Income $43,571 $74,755

Crime & Safety

Very Safe

Ravenna's violent crime rate is 35.4 per 100,000 residents — 91% lower than the national average of ~380 per 100,000.

Violent Crime
35.4 /100k
Property Crime
233.9 /100k

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

Schools & Education

Metric Ravenna, KY National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 12.1% 35.4%
High School Diploma or Higher 72.4% 91.1%

Weather & Climate

Ravenna sees average highs of 42.9°F in January and 85.3°F in July, with 50.9 inches of annual precipitation and 6.2 inches of snow per year.

MetricRavenna, KY
Average High — January42.9°F
Average High — July85.3°F
Annual Precipitation50.9"
Annual Snowfall6.2"

Demographics

MetricRavenna, KYNational Avg
Population650—
Median Age44.838.9
Unemployment Rate11.0%3.7%
Avg Commute Time24.8 min26 min
White (non-Hispanic)98.9%59.3%
Black or African American0.5%13.6%
Hispanic or Latino0.0%18.9%
Asian0.5%6.3%
Under 1817.2%22.2%
65 and over14.0%16.8%

Nearby Cities

ZIP Codes in Ravenna

Ravenna, KY is covered by 1 ZIP code:

Ravenna vs Other Cities

Frequently Asked Questions

Ravenna's cost of living index is 87, where 100 is the national average. That makes Ravenna roughly 13% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $80,000 and median rent is $773/month.
Ravenna's violent crime rate is 35.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 233.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Ravenna, KY has a population of 650, a median household income of $43,571, and an unemployment rate of 11.0%. 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.
Ravenna averages 42.9°F in January and 85.3°F in July. Annual rainfall is 50.9 inches with about 6.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Ravenna, KY is covered by 1 ZIP code: 40472.
The population of Ravenna, Kentucky is 650 with a median age of 44.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Ravenna: cost of living index 87 (100 = US average), median home $80,000, median household income $43,571, crime index 10 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Ravenna side by side with your current city to see the trade-offs.