Back to Explorer

Gainesway (Tract 003404)

Fayette, Kentucky

FIPS 21067003404

Juniper

Gainesway (Tract 003404) is in the 8th percentile nationally for median income. It also sits in the lowest 20% nationally for median rent. And it sits in the highest 24% nationally for home price against income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$274,220

Lower than 65% of U.S. tracts
Home Price Growth, Past Five Years

54%

Higher than 59% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

58.7

Higher than 59% of U.S. tracts

The basics

Total Population

3,954

Median Age

33.2

Population Density

4,845.2

Home values & property tax

Median Property Tax

$1,753

Property Tax Rateyearly tax as a share of home value

0.81%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

5.36×

Higher than 76% of U.S. tracts
Median Income

$40,446

Lower than 92% of U.S. tracts
Median Rent

$906

Lower than 80% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

4.6%

Higher than 59% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

53%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

5.1%

Climate & weather

Summer Avg High (°F)

85.6

Winter Avg Low (°F)

27.8

Avg Temperature (°F)

56.3

Hot Days/yr (>90°F)

25.1

Freezing Days/yr (<32°F)

89.9

Annual Precipitation (in)

49.8

Annual Snowfall (in)

14.5

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

58.7

Higher than 59% of U.S. tracts

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Gainesway (Tract 003404): frequently asked questions

What is the typical home value in Gainesway (Tract 003404)?
The estimated median home value in Gainesway (Tract 003404) today is $274,220, lower than 65% of U.S. tracts.
How much is property tax in Gainesway (Tract 003404)?
The median annual property tax in Gainesway (Tract 003404) is $1,753, an effective rate of 0.81% of home value.
Is Gainesway (Tract 003404) expensive to live in?
Homes in Gainesway (Tract 003404) cost about 5.36× the median household income, higher than 76% of U.S. tracts.
What is the average rent in Gainesway (Tract 003404)?
The median gross rent in Gainesway (Tract 003404) is $906 a month, lower than 80% of U.S. tracts.
How much have home prices grown in Gainesway (Tract 003404)?
Home prices in Gainesway (Tract 003404) have moved 54% over the past five years (4.6% in the past year), per the FHFA House Price Index.
How many people live in Gainesway (Tract 003404)?
Gainesway (Tract 003404) has a population of 3,954, about 4,845.2 people per square mile, per the U.S. Census American Community Survey. The median age is 33.2.
What is the weather like in Gainesway (Tract 003404)?
Gainesway (Tract 003404) averages 56.3°F year-round, summer highs near 85.6°F, winter lows around 27.8°F (NOAA 1991–2020 normals). It sees about 14.5 inches of snow a year.
Is Gainesway (Tract 003404) at risk of flooding or natural disasters?
Gainesway (Tract 003404)'s FEMA National Risk Index score is 58.7 (higher than 59% of U.S. tracts). Its greatest modeled natural hazard is inland flooding.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

TermsPrivacyData disclaimer