Nicholasville is a mid-sized city located in the state of Kentucky. The city has a population of 29,249 people. If we look at the most recent Census, Nicholasville is known to have a predominantly White population. The next two most common races are Black and Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Nicholasville is the right fit for you, your one way commute time will average 26 minutes, which is about average when compared to the national commute time of 26 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Nicholasville, Kentucky could be a good experience for anyone who puts in the time to do the research required. Using the livability score which includes data from categories like crime, weather, education, housing, you can easily compare the best places to live in Nicholasville and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Nicholasville to Kentucky and the national average.
Nicholasville has a livability score of 70/100 and is ranked #265 in Kentucky and #11,202 in the USA. If we dig down a little deeper into each category within the livability score, we see that Nicholasville has higher than average rankings for the following: amenities (A+) and cost of living (B-). On a more negative note, Nicholasville does not have favorable grades for the following: education (D), employment (F) and housing (D). If we take a look at the data, we can find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Nicholasville has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Nicholasville has a violent crime rate of 198 crimes per 100,000 residents which is far lower than the national average.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Nicholasville is real estate affordability. The median home price for Nicholasville homes is $137,700, which is 9.2% higher than the Kentucky average. If we take a closer look at the affordability of homes in Nicholasville, we’ll see that the home price to income ratio is 3.1, which is 10.7% higher than the Kentucky average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Nicholasville were 4.5%, and the 5 year appreciation rates came in at 4.6%.
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