HomeKentuckyGreenup CountyFlatwoods city
Flatwoods city, Kentucky: commercial real estate data.
Flatwoods city is a Census city of 7,269 people across 3.56 square miles of land, in Greenup County. Median household income is $59,972, 75.2 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $50,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Flatwoods
What Flatwoods is
- Census place typecity
- Land area3.56 sq mi
- Water area0 sq mi
- Population per square mile of land2,042
- County holding the largest share of its areaGreenup County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Flatwoods
How many people live in Flatwoods
- Population7,269
- Median age38.2
- Population under 181,827
- Share under 1825.1 percent
- Population 65 and over1,431
- Share 65 and over19.7 percent
- Households2,866
- Family households1,909
- Share of households that are families66.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Flatwoods
Income and work in Flatwoods
- Median household income$59,972
- Per capita income$27,688
- Civilian labor force2,918
- Employed2,730
- Unemployed188 plus or minus 91
- Unemployment rate6.4 percent plus or minus 3.1
- Adults 25 and over4,936
- Adults 25 and over with a high school diploma or higher90.8 percent
- Adults 25 and over with a bachelor degree or higher15.8 percent plus or minus 4.4
- Adults 25 and over with a graduate degree7.0 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Flatwoods
Housing in Flatwoods
- Housing units3,056
- Occupied units2,866
- Vacant units190 plus or minus 121
- Vacancy rate6.2 percent plus or minus 3.9
- Owner occupied2,156
- Renter occupied710 plus or minus 185
- Ownership rate75.2 percent
- Median owner-occupied home value$114,600
- Median gross rent, monthly$940
- Annual rent as a share of median income18.8 percent
- Single family units2,418
- Share single family79.1 percent
- Units in buildings of two or more346 plus or minus 140
- Share in buildings of two or more11.3 percent plus or minus 4.5
- Mobile homes292 plus or minus 125
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Flatwoods
How Flatwoods gets to work
- Workers 16 and over who commute2,534
- Commuting under 15 minutes1,057 plus or minus 254
- Share commuting under 15 minutes41.7 percent plus or minus 9.0
- Commuting 30 minutes or more706 plus or minus 220
- Share commuting 30 minutes or more27.9 percent plus or minus 8.2
- Drove alone70.9 percent
- Carpooled16.4 percent plus or minus 5.9
- Public transport0.0 percent
- Walked3.0 percent plus or minus 3.4
- Worked from home6.8 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Flatwoods
SBA loans in Flatwoods (7(a))
- Approvals2
- Gross approval$50,000
- Average approval$25,000
- Median approval$25,000
- Ninetieth percentile approval$25,000
- Largest approval$25,000
- Jobs supported7
- Jobs per approval3.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS2
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Greenup County, not Flatwoods
Greenup County context, not Flatwoods figures
These are Greenup County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Flatwoods measurements.
- Establishments in Greenup County466
- Employment at those establishments, Greenup County5,079
- Covered employment, Greenup County7,009
- Average annual pay, Greenup County$47,910
- Average weekly wage, Greenup County$921
- Housing units permitted, Greenup County25
- Of those, single family, Greenup County25
- County product, 2024, Greenup County$1,075,014,000
- County product change over the prior year, Greenup County3.6 percent
- Average income of an arriving household, Greenup County$49,041
Every figure in this section is published for Greenup County as a whole and is not a measurement of Flatwoods. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Flatwoods questions, answered from the record.
How many people live in Flatwoods, Kentucky?
7,269, in 2,866 households. Flatwoods city covers 3.56 square miles of land, which is 2,042 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Flatwoods in?
Greenup County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Flatwoods?
$59,972. The median owner-occupied home is valued at $114,600. Median gross rent is $940 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Flatwoods businesses?
2 7(a) approvals totalling $50,000, across 1 lenders, median approval $25,000. These count approvals to borrowers whose address is in Flatwoods, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Flatwoods borrowers get paid back?
No rate is published for Flatwoods. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Flatwoods figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Greenup County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Flatwoods.
Is zoning published for Flatwoods?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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