Population 498 · Census ACS 2020–24
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Population and households in Peaks Mill
Household size in Peaks Mill
| Period | Peaks Mill | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 2.40 | 2.51 | 2.68 |
| 2010–14 | 2.62 | 2.53 | 2.73 |
| 2015–19 | 2.65 | 2.52 | 2.71 |
| 2020–24 | 2.16 | 2.51 | 2.65 |
| Change | −0.24 | −0.00 | −0.03 |
Households in Peaks Mill are small: just 2.16 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has dropped from 2.40 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Peaks Mill
| Period | Peaks Mill | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 44.6 | 38.5 | 37.7 |
| 2010–14 | 40.3 | 39.3 | 38.6 |
| 2015–19 | 50.3 | 40.0 | 39.6 |
| 2020–24 | 46.4 | 39.9 | 40.1 |
| Change | +1.8 | +1.5 | +2.3 |
Peaks Mill skews older: half of its residents are older than 46.4, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Peaks Mill
| Period | Peaks Mill | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 8.7% | 11.7% | 12.3% |
| 2010–14 | 7.2% | 11.9% | 12.3% |
| 2015–19 | 5.6% | 11.8% | 11.6% |
| 2020–24 | 4.2% | 11.9% | 11.6% |
| Change | −4.5 pts | +0.2 pts | −0.6 pts |
Single-parent households are relatively rare in Peaks Mill: 4.2% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Peaks Mill
Renters in Peaks Mill
| Period | Peaks Mill | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 18.1% | 30.1% | 33.3% |
| 2010–14 | 23.5% | 32.3% | 35.6% |
| 2015–19 | 19.9% | 32.8% | 36.0% |
| 2020–24 | 16.7% | 31.7% | 34.8% |
| Change | −1.4 pts | +1.5 pts | +1.5 pts |
Only 16.7% of households in Peaks Mill rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 49.4% have no mortgage at all, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Peaks Mill
| Period | Peaks Mill | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 5.5% | 12.2% | 11.4% |
| 2010–14 | 3.4% | 11.9% | 11.4% |
| 2015–19 | 12.1% | 12.3% | 11.1% |
| 2020–24 | 4.7% | 10.6% | 9.6% |
| Change | −0.8 pts | −1.6 pts | −1.8 pts |
Only 4.7% of homes in Peaks Mill are vacant, far below the national rate of 9.6%, which usually means strong demand for housing.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Peaks Mill
| Period | Peaks Mill | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 1984 | 1977 | 1974 |
| 2010–14 | 1990 | 1979 | 1975 |
| 2015–19 | 1979 | 1980 | 1977 |
| 2020–24 | 1988 | 1982 | 1980 |
| Change | +4 | +5 | +6 |
Much of the housing in Peaks Mill is relatively new: half of its homes were built after 1988, compared with 1980 for the U.S. as a whole.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Peaks Mill
| Period | Peaks Mill | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | $639 | $657 | $965 |
| 2010–14 | $622 | $728 | $1,040 |
| 2015–19 | $779 | $814 | $1,213 |
| 2020–24 | $822 | $1,024 | $1,571 |
| Change | +$183 | +$367 | +$606 |
The median renter in Peaks Mill pays $822 a month for rent and utilities, well below the national median of $1,571. Rent takes 14.8% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Peaks Mill
Bachelor's degrees in Peaks Mill
| Period | Peaks Mill | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 22.6% | 21.3% | 28.4% |
| 2010–14 | 26.2% | 22.5% | 29.6% |
| 2015–19 | 23.1% | 24.5% | 32.1% |
| 2020–24 | 29.5% | 27.6% | 35.6% |
| Change | +6.8 pts | +6.2 pts | +7.2 pts |
About three in ten adults 25 and older in Peaks Mill (29.5%) have a bachelor's degree or higher, a little below the national share of 35.6%. The picture is much the same across Kentucky.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Peaks Mill
| Period | Peaks Mill | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 80.1% | 81.7% | 84.9% |
| 2010–14 | 87.5% | 83.9% | 86.1% |
| 2015–19 | 87.7% | 86.4% | 87.7% |
| 2020–24 | 91.9% | 88.8% | 89.3% |
| Change | +11.8 pts | +7.2 pts | +4.3 pts |
About nine in ten adults in Peaks Mill have finished high school (91.9%), a bit above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Peaks Mill
| Period | Peaks Mill | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 6.3% | 8.4% | 8.1% |
| 2010–14 | 9.9% | 9.5% | 9.4% |
| 2015–19 | 7.3% | 5.8% | 5.6% |
| 2020–24 | 1.0% | 5.1% | 5.4% |
| Change | −5.3 pts | −3.3 pts | −2.7 pts |
The job market in Peaks Mill has been strong: just 1.0% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Peaks Mill compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Peaks Mill | 2.16 | 46.4 | 4.2% | 16.7% | 4.7% | 1988 | $822 | 29.5% | 91.9% | 1.0% |
| Elsinore | 2.36 | 37.1 | 13.2% | 12.6% | 3.4% | 1993 | $730 | 41.1% | 95.2% | 7.9% |
| Swallowfield | 2.12 | 48.0 | 4.6% | 11.0% | 11.9% | 1985 | $876 | 25.2% | 88.0% | 0.7% |
| Watkinsville | 2.52 | 43.2 | 9.7% | 22.6% | 7.0% | 1983 | $1,017 | 23.0% | 92.0% | 4.0% |
| Stamping Ground | 2.37 | 46.5 | 9.9% | 15.7% | 7.4% | 1987 | $1,005 | 24.0% | 92.6% | 2.7% |
| Woodlake | 2.53 | 40.6 | 1.3% | 15.3% | 4.4% | 1993 | $842 | 38.2% | 90.5% | 3.4% |
| New | 2.46 | 39.5 | 1.9% | 5.3% | 14.5% | 1987 | $725 | 29.2% | 82.3% | 2.3% |
| White Sulphur | 2.67 | 39.4 | 16.2% | 14.4% | 4.1% | 2002 | $1,099 | 52.3% | 95.7% | 2.3% |
| Orville | 2.18 | 47.1 | 3.5% | 10.0% | 18.3% | 1984 | $898 | 19.0% | 83.2% | 0.7% |
| Frankfort | 2.27 | 41.3 | 12.6% | 36.5% | 6.9% | 1977 | $1,013 | 30.9% | 92.5% | 5.9% |
| Skinnersburg | 2.31 | 48.9 | 9.7% | 13.3% | 7.1% | 1987 | $1,160 | 21.6% | 93.4% | 1.9% |
All figures 2020–24.
Cities with similar populations: West Farmington, ME · Georgetown, NY · Given, WV · Givens, OH · Gladstone, ND · Glen Raven, NC · Glenada, OR · Gnaw Bone, IN · Good Hope, IL · Goodfield, TN
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Peaks Mill. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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