Philpot is a tiny town located in the state of Kentucky. With a population of 991 people and two associated neighborhoods, Philpot is the 258th largest community in Kentucky. Philpot real estate is some of the most expensive in Kentucky, although Philpot house values don't compare to the most expensive real estate in the U.S.Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Philpot is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Philpot is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Philpot who work in teaching (22.00%), management occupations (18.08%), and business and financial occupations (16.12%). Also of interest is that Philpot has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Philpot telecommute to their jobs. Overall, about 10.24% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Because of many things, Philpot is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Philpot really has some of the features that families look for when choosing a good community to raise children. Is Philpot perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live. Being a small town, Philpot does not have a public transit system used by locals to get to and from work.Philpot is one of the most well-educated cities in the nation. 47.06% of adults in Philpot have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher. The per capita income in Philpot in 2022 was $42,297, which is wealthy relative to Kentucky, and upper middle income relative to the rest of the US. This equates to an annual income of $169,188 for a family of four. The people who call Philpot home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Philpot residents report their race to be White. Important ancestries of people in Philpot include German, Irish, English, Italian, and Polish. The most common language spoken in Philpot is English. Other important languages spoken here include German/Yiddish and West Germanic languages.
