Premium, KY Demographics

Population 556 · Census ACS 2020–24

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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Premium

Household size in Premium

Household size, people per household
PeriodPremiumKentuckyU.S.
2006–102.432.512.68
2010–142.522.532.73
2015–192.252.522.71
2020–242.092.512.65
Change−0.34−0.00−0.03
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Households in Premium are small: just 2.09 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. Since 2006–10, household size has dropped from 2.43, 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 Premium

Median age, years
PeriodPremiumKentuckyU.S.
2006–1041.138.537.7
2010–1444.739.338.6
2015–1943.340.039.6
2020–2456.439.940.1
Change+15.2+1.5+2.3
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Premium skews older: half of its residents are older than 56.4, 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 Premium

Single-parent households, % of households
PeriodPremiumKentuckyU.S.
2006–107.1%11.7%12.3%
2010–1417.1%11.9%12.3%
2015–1914.6%11.8%11.6%
2020–2412.8%11.9%11.6%
Change+5.8 pts+0.2 pts−0.6 pts
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Single parents head about one in eight households in Premium (12.8%), a bit above the national share of 11.6%. That is in line with the rest of Kentucky.

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 Premium

Renters in Premium

Renters, % of occupied homes
PeriodPremiumKentuckyU.S.
2006–1024.5%30.1%33.3%
2010–1426.6%32.3%35.6%
2015–1923.7%32.8%36.0%
2020–2412.4%31.7%34.8%
Change−12.1 pts+1.5 pts+1.5 pts
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Only 12.4% of households in Premium rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 87.3% have no mortgage at all, well 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 Premium

Vacant homes, % of all homes
PeriodPremiumKentuckyU.S.
2006–1019.0%12.2%11.4%
2010–1416.0%11.9%11.4%
2015–1921.8%12.3%11.1%
2020–2422.4%10.6%9.6%
Change+3.5 pts−1.6 pts−1.8 pts
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Vacancy is high in Premium: 22.4% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.

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 Premium

Age of homes, median year built
PeriodPremiumKentuckyU.S.
2006–10197919771974
2010–14197819791975
2015–19198819801977
2020–24198719821980
Change+7+5+6
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The housing in Premium is younger than the country's: half of it was built after 1987, against 1980 nationally.

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 Premium

Rent, per month
PeriodPremiumKentuckyU.S.
2006–10$557$657$965
2010–14$501$728$1,040
2015–19$448$814$1,213
2020–24$681$1,024$1,571
Change+$124+$367+$606
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A typical rental in Premium costs $681 a month with utilities, well below the national median of $1,571. The typical renter here spends 19.7% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.

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 Premium

Bachelor's degrees in Premium

Bachelor's degrees, % of adults 25+
PeriodPremiumKentuckyU.S.
2006–104.4%21.3%28.4%
2010–1413.1%22.5%29.6%
2015–196.4%24.5%32.1%
2020–2414.0%27.6%35.6%
Change+9.6 pts+6.2 pts+7.2 pts
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Fewer adults in Premium have a four-year degree than in the country as a whole: 14.0%, against 35.6% nationally.

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 Premium

High school graduates, % of adults 25+
PeriodPremiumKentuckyU.S.
2006–1066.0%81.7%84.9%
2010–1471.0%83.9%86.1%
2015–1976.7%86.4%87.7%
2020–2482.7%88.8%89.3%
Change+16.7 pts+7.2 pts+4.3 pts
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Just over one in six adults in Premium never finished high school, well above the national share: only 82.7% have a diploma or equivalent, against 89.3% nationally.

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 Premium

Unemployment, % of the labor force
PeriodPremiumKentuckyU.S.
2006–109.9%8.4%8.1%
2010–1416.6%9.5%9.4%
2015–1912.3%5.8%5.6%
2020–240.0%5.1%5.4%
Change−9.9 pts−3.3 pts−2.7 pts
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The survey found almost no one in Premium out of work and looking, against 5.4% of the labor force nationally. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current 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).

Premium compared with nearby cities

CityHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
Premium2.0956.412.8%12.4%22.4%1987$68114.0%82.7%0.0%
Roxana2.2651.612.4%26.9%38.8%1980$48617.9%81.3%1.0%
Whitesburg2.3643.214.5%26.9%17.2%1978$72913.5%84.6%5.6%
Letcher2.8842.99.9%24.3%31.0%1986$80726.0%96.3%0.0%
Jeremiah2.3850.214.9%10.7%23.8%1983$81018.4%82.8%0.0%
Skyline2.7536.83.4%38.9%41.4%1986$41720.7%69.4%3.9%
Isom2.2547.514.9%11.3%19.9%1981$82112.7%79.2%0.0%
Blackey2.9244.11.8%22.2%6.2%1963$45915.7%83.8%18.9%
Thornton2.4443.714.3%15.7%15.8%1979$8639.6%84.0%1.4%
Ermine2.0840.05.1%58.2%18.9%1976$6656.1%80.5%2.3%
Eolia2.6147.413.8%17.7%14.9%1982$6937.5%80.6%8.2%

All figures 2020–24.

Cities with similar populations: Amber, OK · Ashley, IL · Bailey Lakes, OH · Troutdale, VA · Bellwood, FL · Briar, MO · Pasadena Hills, MO · Pinopolis, SC · Pineview, TX · Pine Level, FL

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 Premium. 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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