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Park Place (Tract 004001)

Fayette, Kentucky

FIPS 21067004001

Juniper

Park Place (Tract 004001) is in the 13th percentile nationally for median income. It also sits in the highest 16% nationally for home price growth over five years. And it sits in the lowest 24% nationally for typical home value.

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

$220,027

Lower than 76% of U.S. tracts
Home Price Growth, Past Five Years

67%

Higher than 84% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

47

Near the U.S. tracts median

The basics

Total Population

6,230

Median Age

29.9

Population Density

6,514.96

Home values & property tax

Median Property Tax

$1,573

Property Tax Rateyearly tax as a share of home value

0.92%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.63×

Near the U.S. tracts median
Median Income

$47,002

Lower than 87% of U.S. tracts
Median Rent

$1,276

Near the U.S. tracts median

Home prices & appreciation

Home Price Growth, Past Year

0.61%

Lower than 66% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

68%

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

6.4%

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

47

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

Park Place (Tract 004001): frequently asked questions

What is the typical home value in Park Place (Tract 004001)?
The estimated median home value in Park Place (Tract 004001) today is $220,027, lower than 76% of U.S. tracts.
How much is property tax in Park Place (Tract 004001)?
The median annual property tax in Park Place (Tract 004001) is $1,573, an effective rate of 0.92% of home value.
Is Park Place (Tract 004001) expensive to live in?
Homes in Park Place (Tract 004001) cost about 3.63× the median household income, near the U.S. tracts median.
What is the average rent in Park Place (Tract 004001)?
The median gross rent in Park Place (Tract 004001) is $1,276 a month, near the U.S. tracts median.
How much have home prices grown in Park Place (Tract 004001)?
Home prices in Park Place (Tract 004001) have moved 67% over the past five years (0.61% in the past year), per the FHFA House Price Index.
How many people live in Park Place (Tract 004001)?
Park Place (Tract 004001) has a population of 6,230, about 6,514.96 people per square mile, per the U.S. Census American Community Survey. The median age is 29.9.
What is the weather like in Park Place (Tract 004001)?
Park Place (Tract 004001) 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 Park Place (Tract 004001) at risk of flooding or natural disasters?
Park Place (Tract 004001)'s FEMA National Risk Index score is 47 (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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