Ravenna, Kentucky

Population

Down 2.8% since 2020.

555

people, the 292nd-largest of Kentucky's cities and towns.

Census Population Estimates, 2025. Rank among Kentucky's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

9 in 10 jobs here go to people who live somewhere else.

86.8%

of 53 jobs located in Ravenna are filled by in-commuters.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

Rent

Median rent is up 107% since the 2005–2009 survey, before inflation.

$853

a month. Kentucky's median is $967.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent jumps $164.

A $164 gap between neighbors, the sharpest rent edge between adjacent tracts in Estill County.

• $598 Tract 9203.02
• $762 Tract 9204

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

The median rent is above what local wages can carry.

$292–$438

is the monthly rent range local workforce wages support.

• $853 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 0 homes permitted in ten years, 2016–2025
• 89% of all homes were built before 2000

Census Building Permits Survey, 2016–2025; Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0.3% to the 344 homes here.

1

is the estimated number of missing housing units; all three estimates agree.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 54% less than Kentucky's.

$94,700

median home value in Ravenna.

• $94,700 Ravenna
• $205,600 Kentucky
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year