C

Reed, KY

Source:

Affordability Score: 56/100

Population: 783 · 1 ZIP codes

The affordability dashboard for Reed, KY aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 783 residents, then layers in county-level federal data to produce an overall grade of C (56/100). The headline inputs are median household income of $57,100, median home value of $190,500, median rent of $1,315 per month, and 22.2% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $949 per month (studio $711, 1BR $764, 3BR $1,220, 4BR $1,414). Department of Labor data lists infant center-based childcare at $6,511 per year, consuming 11% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Reed, KY include rent. Pressure points are education. Unemployment currently reads 0.0% and poverty 36.7% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income D
$57,100
Median household income
Education F
22.2%
Bachelor's degree or higher
Housing C
3.3x
Home value $190,500 vs income
Commute N/A
N/A
Average commute time
Rent B+
$949/mo
2BR fair market rent (20% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B-
$6,511/yr
Center-based infant care (11% of income)

Income & Employment

Median Income
$57,100
▼ 8% vs national
Per Capita Income
$20,226
Unemployment Rate
0.0%
Poverty Rate
36.7%

Housing

Median Home Value
$190,500
▼ 31% vs national
Median Rent
$1,315/mo
Owner Occupied
61.8%
2BR Fair Market Rent
$949/mo
▼ 21% vs national

Fair Market Rents by Bedroom

Studio
$711
1BR
$764
2BR
$949
3BR
$1,220
4BR
$1,414

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
22.2%
▼ 8 ppt vs national
High School+
53.4%
Median Age
28.7
Avg. Commute

Childcare Costs

Infant (Center)
$6,511/yr
11% of income
Toddler (Center)
$5,962/yr
Preschool (Center)
$5,962/yr
School-Age (Center)
$6,294/yr

What This Means

Reed, KY receives an overall affordability grade of C (56/100), aggregated from 1 ZIP codes with a total population of 783. This area performs well in rent. Challenges include education. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Reed, KY affordable?
Reed, KY receives an overall affordability grade of C (56/100) based on Census, HUD, FBI, and DOL data. Median household income is $57,100. Median home value is $190,500.
What is the cost of living in Reed?
Key cost metrics: Median rent $1,315/mo. 2BR fair market rent $949/mo. Infant childcare $6,511/yr. Median home value $190,500.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →