Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Central City is a smaller city located in the state of Kentucky. The city has a population of 5,770 people. At 93%, the majority of the Central City population is White; this is followed by 5% Black and 0% Asian. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Central City your home, your one-way commute time will typically last around 23 minutes, a duration that aligns with the national average commute time of 26 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a great experience if you are willing to get to know the city before actually living in Central City, Kentucky. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like amenities, commute, employment, housing, you can easily compare the best places to live in Central City and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Central City to Kentucky and the national average.
Central City, KY receives 66 out of 100 for its livability score; this results in a ranking of #202 in Kentucky and #9,793 in the USA. For each of the livability categories, we see that Central City ranks very well for crime (A+) and housing (A+). There are some categories that Central City does not rank well for, including: amenities (F) and education (D). It might be worth taking a closer look to find out why.
When contemplating a move, job prospects often top the list of priorities. In Central City, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.05% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Finding affordable real estate and housing in Central City can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Central City. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Central City are affordable. Median real estate prices in Central City come in at $123,800, which is 1.8% lower than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Central City, the home price to income ratio is 2.4, which is 14.3% lower than the Kentucky average.
| Statistic | Central City | Kentucky | National |
| Average one way commute | 23min | 23min | 26min |
| Workers who drive to work | 91.6% | 82.2% | 76.4% |
| Workers who carpool | 4.3% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 1.5% | 2.4% | 2.8% |
| Working from home | 0.0% | 3.3% | 4.6% |
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