The median home value in Salt Lick, KY is $129,400. This is lower than the county median home value of $137,300. The national median home value is $338,100. The average price of homes sold in Salt Lick, KY is $129,400. Approximately 41.40% of Salt Lick homes are owned, compared to 38.71% rented, while 19.89% are vacant. Salt Lick real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Salt Lick real estate agent to arrange a tour today!
Learn More About Salt Lick Real EstateSalt Lick has a population of approximately 391 and experiences a population change rate of 14.33%. The population density is 500.6 / sq mi.
The median household income for Salt Lick is $26,528, with 149 households and an average household size of 2.62.
The cost of living index in Salt Lick is 76.9%.
The median value of a home in Salt Lick is $129,400 with an appreciation rate of 19.3%. 41.4% of housing in the city is owned while 38.7% is rented.
The unemployment rate in Salt Lick is 4.20%, and recent job growth is at -0.29%. Future job growth is projected at 39.62%.
The sales tax rate in Salt Lick is 6.00%, while the income tax rate is 5.00%.
School expenditures in Salt Lick are $12,340, and the school ratio is 13.5:1.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 47.9 inches per year, with 9.3 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 89.87 | 82.02 |
College Degree - 2 year | 8.86 | 5.57 |
College Degree - 4 year | 23.21 | 14.87 |
Graduate Degree | 2.53 | 5.01 |
Expenditures per Student | $12,340 | $12,340 |
Students per Teacher | 13.50 | 13.50 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Botts Elementary School | PK - 05 | 217 | 15 | 40316 |
Clearfield Elementary School | KG - 05 | 328 | 17 | 40313 |
Menifee Elementary School | PK - 08 | 498 | 16.6 | 40322 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Shearer Elementary School | KG - 05 | 389 | 13.7 | 40313 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Menifee County High School | 09 - 12 | 328 | 15.3 | 40322 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Hope Hill Children's Home | 06 - 12 | 44 | 14.7 | 40334 |