Is Versailles, KY growing?

Versailles, KY had an estimated 10,492 (±27) residents in 2020–2024, against 9,215 in 2015–2019.

That is a change of +13.9%, a measurable increase.

Its housing went from 3,962 to 4,690 homes (+18.4%), a measurable increase.

1.9% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
10,492 (±27)
Amount of change
+13.9%
Homes change
+18.4%
Built 2020 or later
1.9%

Residents and homes in Versailles, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents9,215 (±25)10,492 (±27)+13.9%Measurable increase
Housing units3,962 (±204)4,690 (±249)+18.4%Measurable increase
Households that rent48.6% (±4.9 points)40.1% (±5.0 points)−8.5 percentage pointsMeasurable decrease
Median gross rent$743 (±$55)$1,160 (±$72)+56.1%Up after inflation
Median home value$171,300 (±$22,074)$286,100 (±$34,788)+67.0%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Versailles against Woodford County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Versailles+13.9%Measurable increase+18.4%
Woodford County+3.7%Measurable increase+4.9%
Kentucky+1.9%Measurable increase+2.0%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Versailles

Housing units by year built, 2020–2024
Year builtVersaillesWoodford CountyKentuckyUnited States
2020 or later1.9% (±1.6 points)1.1%1.8%2.0%
2010 to 201915.7% (±4.3 points)7.7%9.1%9.4%
2000 to 200910.6% (±2.9 points)12.6%14.5%13.6%

17.6% of the homes in Versailles were built in 2010 or later.

The median age of residents is 39.0 years.

Growth in places near Versailles

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Versailles—10,492+13.9%Measurable increase
Midway7.1 mi1,776−1.7%Not a measurable change
Keene8.6 mi3460.0%Measurable increase
Lawrenceburg9.8 mi11,943+5.2%Measurable increase
Wilmore12 mi6,057−4.4%Measurable decrease
Frankfort13 mi28,503+3.0%Measurable increase
Nicholasville14 mi32,197+6.3%Measurable increase
Lexington15 mi323,725+1.0%Measurable increase
Stamping Ground16 mi994+25.2%Not a measurable change

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Versailles

Is Versailles growing?

Versailles, KY had an estimated 10,492 residents in 2020–2024 and 9,215 in 2015–2019, a change of +13.9%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Versailles?

The estimated number of housing units went from 3,962 in 2015–2019 to 4,690 in 2020–2024 (+18.4%), a measurable increase.

How much new construction is there in Versailles?

1.9% of homes in Versailles were built in 2020 or later and 15.7% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Versailles city, Kentucky (place:79482, in state:21).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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