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The total population of Flatwoods is estimated to be 7,312 with 3,612 males (49.40%) and 3,700 females (50.60%). There are 88 more females than males in Flatwoods.
The median household income in Flatwoods was $59,097 in 2021, which marked an a decrease of 702(1.17%) from $59,799 in 2020. This income is 79.21% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Flatwoods sees its highest median household income among householders in the age group of 45 to 64 years old, at $68,553. Overall, the median household income for the city of Flatwoods stands at $59,097.
In Flatwoods, the median income for all workers aged 15 years and older, regardless of work hours, was $38,489 for males and $23,834 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,683 for males and $39,244 for females.
In Flatwoods, population is primarily represented by White households, reporting a median income of $59,122.
In 2022, the population of Flatwoods was 7,243, a 0.56% decrease year-by-year from 2021. Previously, in 2021, Flatwoods's population was 7,284, a decline of 0.36% compared to a population of 7,310 in 2020.
The median age in Flatwoods, KY is 41.8, as per 2021 ACS 5-Year Estimates. Of the total population, 20.30% were under the age of 15, 13.47% aged 15 to 29, 46.68% aged 30 to 64, 16.60% aged 65 to 84, and 2.95% were 85 years of age and older.
Racial distribution of Flatwoods population: 98.24% are White, 0.59% are Black or African American, 0.21% are Asian, 0.18% are some other race and 0.79% are multiracial.