Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Employment
A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Corbin is a small-sized city located in the state of Kentucky. The city has a population of 7,558 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (95% White). Given that fact, Corbin could be considered less diverse than other cities. If you're not a fan of traffic congestion and long commute times to work, Corbin is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Corbin, Kentucky could be a positive experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Corbin, AreaVibes has created a livability score using key metrics like crime, commute, education, employment, housing and more.
The livability score in Corbin is 67 out of 100 and the city is ranked in the 71st percentile of all cities across America. Based on the grades for each individual category, Corbin has been rewarded with high marks for crime (A-), education (B-) and housing (A+). Corbin does not do well for the following: amenities (F) and employment (F). It might be wise to take a closer look at each category to find out why.
Managing monthly expenses, from grocery bills to never-ending utility costs, can swiftly accumulate. Fortunately, we're delighted to share that the cost of living in Corbin is 21% lower than the national average. This translates to a tangible reduction in those persistent monthly expenditures, making Corbin a city where you can anticipate lower costs across the board when compared to many other urban areas. This financial advantage not only eases the burden of day-to-day living but also allows for a more budget-friendly lifestyle, ensuring that your hard-earned money goes further and providing an appealing incentive for those seeking to improve their financial well-being in a world where expenses continue to rise.
Finding affordable real estate and housing in Corbin can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Corbin is actually affordable. The median home price for Corbin homes is $120,300, which is 4.6% lower than the Kentucky average. If we take a closer look at the affordability of homes in Corbin, we’ll see that the home price to income ratio is 3.1, which is 10.7% higher than the Kentucky average.
| Statistic | Corbin | Kentucky | National |
| Average one way commute | 19min | 23min | 26min |
| Workers who drive to work | 81.2% | 82.2% | 76.4% |
| Workers who carpool | 12.5% | 9.7% | 9.3% |
| Workers who take public transit | 0.6% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 2.4% | 2.4% | 2.8% |
| Working from home | 3.4% | 3.3% | 4.6% |
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