HomeKentuckyRussell CountyRussell Springs city
Russell Springs city, Kentucky: commercial real estate data.
Russell Springs city is a Census city of 2,773 people across 4.72 square miles of land, in Russell County. Median household income is $38,697, 48.5 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $600,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Russell Springs
What Russell Springs is
- Census place typecity
- Land area4.72 sq mi
- Water area0.01 sq mi
- Population per square mile of land588
- County holding the largest share of its areaRussell 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.
Russell Springs
How many people live in Russell Springs
- Population2,773
- Median age45.9
- Population under 18486 plus or minus 163
- Share under 1817.5 percent plus or minus 5.9
- Population 65 and over654 plus or minus 185
- Share 65 and over23.6 percent plus or minus 6.7
- Households1,346
- Family households738
- Share of households that are families54.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Russell Springs
Income and work in Russell Springs
- Median household income$38,697
- Per capita income$28,376
- Civilian labor force1,266
- Employed1,109
- Unemployed157 plus or minus 126
- Unemployment rate12.4 percent plus or minus 9.8
- Adults 25 and over1,955
- Adults 25 and over with a high school diploma or higher81.6 percent
- Adults 25 and over with a bachelor degree or higher28.1 percent plus or minus 9.6
- Adults 25 and over with a graduate degree15.2 percent plus or minus 8.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Russell Springs
Housing in Russell Springs
- Housing units1,493
- Occupied units1,346
- Vacant units147 plus or minus 89
- Vacancy rate9.8 percent plus or minus 5.9
- Owner occupied653 plus or minus 146
- Renter occupied693 plus or minus 177
- Ownership rate48.5 percent
- Median owner-occupied home value$170,300 plus or minus $56,913
- Median gross rent, monthly$745 plus or minus $216
- Annual rent as a share of median income23.1 percent plus or minus 7.4
- Single family units1,016
- Share single family68.1 percent
- Units in buildings of two or more406 plus or minus 165
- Share in buildings of two or more27.2 percent plus or minus 10.6
- Mobile homes71 plus or minus 48
- Median year structure built1987
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Russell Springs
How Russell Springs gets to work
- Workers 16 and over who commute1,013
- Commuting under 15 minutes678 plus or minus 215
- Share commuting under 15 minutes66.9 percent plus or minus 18.4
- Commuting 30 minutes or more181 plus or minus 117
- Share commuting 30 minutes or more17.9 percent plus or minus 11.2
- Drove alone87.8 percent
- Carpooled6.5 percent plus or minus 5.1
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home5.7 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Russell Springs
SBA loans in Russell Springs (7(a))
- Approvals1
- Gross approval$600,000
- Average approval$600,000
- Median approval$600,000
- Ninetieth percentile approval$600,000
- Largest approval$600,000
- Jobs supported2
- Jobs per approval2.0
- Loans with a final outcome0
- Paid in full0
- 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 NAICS1
A charge-off rate is not published here. only 0 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.
Russell County, not Russell Springs
Russell County context, not Russell Springs figures
These are Russell County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Russell Springs measurements.
- Establishments in Russell County353
- Employment at those establishments, Russell County5,047
- Covered employment, Russell County6,399
- Average annual pay, Russell County$43,596
- Average weekly wage, Russell County$838
- Housing units permitted, Russell County0
- Of those, single family, Russell County0
- County product, 2024, Russell County$1,053,047,000
- County product change over the prior year, Russell County6.6 percent
- Average income of an arriving household, Russell County$48,932
Every figure in this section is published for Russell County as a whole and is not a measurement of Russell Springs. 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
Russell Springs questions, answered from the record.
How many people live in Russell Springs, Kentucky?
2,773, in 1,346 households. Russell Springs city covers 4.72 square miles of land, which is 588 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Russell Springs in?
Russell 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 Russell Springs?
$38,697. The median owner-occupied home is valued at $170,300. Median gross rent is $745 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Russell Springs businesses?
1 7(a) approvals totalling $600,000, across 1 lenders, median approval $600,000. These count approvals to borrowers whose address is in Russell Springs, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Russell Springs borrowers get paid back?
No rate is published for Russell Springs. only 0 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 Russell Springs figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Russell 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 Russell Springs.
Is zoning published for Russell Springs?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.