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Gainesway (Tract 003405)

Fayette, Kentucky

FIPS 21067003405

Juniper

Gainesway (Tract 003405) is in the 30th percentile nationally for median income. It also sits in the highest 33% nationally for home price growth over five years. And it sits in the lowest 33% nationally for median rent.

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

$311,378

Lower than 57% of U.S. tracts
Home Price Growth, Past Five Years

58%

Higher than 67% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

48.5

Near the U.S. tracts median

The basics

Total Population

5,956

Median Age

39.2

Population Density

4,942.48

Home values & property tax

Median Property Tax

$1,992

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

4.02×

Higher than 57% of U.S. tracts
Median Income

$61,321

Lower than 70% of U.S. tracts
Median Rent

$1,078

Lower than 67% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

4%

Near the U.S. tracts median
Pandemic Price Run-Up2019–20 low → 2022–23 peak

57%

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

8.1%

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

48.5

Near the U.S. tracts median

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 003405): frequently asked questions

What is the typical home value in Gainesway (Tract 003405)?
The estimated median home value in Gainesway (Tract 003405) today is $311,378, lower than 57% of U.S. tracts.
How much is property tax in Gainesway (Tract 003405)?
The median annual property tax in Gainesway (Tract 003405) is $1,992, an effective rate of 0.81% of home value.
Is Gainesway (Tract 003405) expensive to live in?
Homes in Gainesway (Tract 003405) cost about 4.02× the median household income, higher than 57% of U.S. tracts.
What is the average rent in Gainesway (Tract 003405)?
The median gross rent in Gainesway (Tract 003405) is $1,078 a month, lower than 67% of U.S. tracts.
How much have home prices grown in Gainesway (Tract 003405)?
Home prices in Gainesway (Tract 003405) have moved 58% over the past five years (4% in the past year), per the FHFA House Price Index.
How many people live in Gainesway (Tract 003405)?
Gainesway (Tract 003405) has a population of 5,956, about 4,942.48 people per square mile, per the U.S. Census American Community Survey. The median age is 39.2.
What is the weather like in Gainesway (Tract 003405)?
Gainesway (Tract 003405) 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 003405) at risk of flooding or natural disasters?
Gainesway (Tract 003405)'s FEMA National Risk Index score is 48.5 (near the U.S. tracts median). 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 →

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