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The total population of Providence is estimated to be 2,883 with 1,586 males (55.01%) and 1,297 females (44.99%). There are 289 less females than males in Providence.
The median household income in Providence was $47,891 in 2021, which marked an an increase of 4,136(9.45%) from $43,755 in 2020. This income is 64.19% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Providence sees its highest median household income among householders in the age group of under 25 years old, at $62,440. Overall, the median household income for the city of Providence stands at $47,891.
In Providence, the median income for all workers aged 15 years and older, regardless of work hours, was $28,473 for males and $25,457 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $34,424 for males and $37,221 for females.
In Providence, there are just two different racial groups among households. Among these, Black or African American households report a median household income of $56,339, while White households have a median household income of $44,588.
In 2022, the population of Providence was 2,819, a 1.30% decrease year-by-year from 2021. Previously, in 2021, Providence's population was 2,856, a decline of 1.18% compared to a population of 2,890 in 2020.
The median age in Providence, KY is 46.1, as per 2021 ACS 5-Year Estimates. Of the total population, 12.50% were under the age of 15, 18.40% aged 15 to 29, 50.74% aged 30 to 64, 16.20% aged 65 to 84, and 2.16% were 85 years of age and older.
Racial distribution of Providence population: 84.35% are White, 14.18% are Black or African American and 1.48% are multiracial.