Philpot, Kentucky.
Typical home $276,499 (+2.3% in a year). Owensboro, KY metro.
to buy the typical home at today's mortgage rate — +$778 (+116%) since Jan 2020.
- 1 year
- Up $6,321 +2%
- $270,178$276,499 since Sep 2025
- 5 years
- Up $61,133 +28%
- $215,366$276,499 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Philpot$1,451
- Kentucky$1,212
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Philpot, KY rose 2.3% over the past year — faster than the nation's +1.2%.
Living in Philpot, Daviess County, Kentucky
Philpot, in Daviess County, had 991 people in the 2020 census. Half its households earn more than $87,692 a year and half less, against $68,214 across Daviess County; 1% of its people live below the poverty line. Unemployment in Daviess County was 3.8% in August 2026, and the county had 1.2% more jobs in 2025 than the year before. The most people in Daviess County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Philpot is a small community in Daviess County, Kentucky, with a population too small to be counted as a town of any size. Household incomes run well above the county's, and very few people live below the poverty line. Winters are cold and summers warm, with a good deal of rain and melted snow through the year.
Work. Residents work mostly in schools, hospitals and social care, with many others in manufacturing, shops, and restaurants, hotels and entertainment. Across Daviess County, some of the largest workplaces are Owensboro Health Regional Hospital, Daviess County Schools and Toyotetsu Mid America. Commutes are fairly short, and a modest number of people work from home.
Things to do. A short drive away, the Western Kentucky Botanical Garden offers gardens to walk through, and the International Bluegrass Music Museum celebrates a music long tied to the state. Kentucky Motor Speedway, also a short drive off, is a race track. Farther afield, Lincoln Boyhood National Memorial is a protected area that takes a longer drive to reach.
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- 1%below the poverty line
- 17 mintypical commute
- 8%work from home
What people in Daviess County work in
Employed residents by industry, from the Census survey. Daviess County had 47,804 jobs in 2025, 1.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 26°; warmest in July, with highs near 85° and lows near 67°. About 51 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Tell City weather station, 20 miles away (NOAA).
Largest workplaces in Daviess County
- Owensboro Health Regional HospitalGeneral hospital2,032FTE
- Daviess County SchoolsSchool district1,656FTE
- Swedish MatchChewing tobacco manufacturing1,185
- Owensboro Independent SchoolsSchool district865FTE
- Audubon Area Community ServicesCommunity action service agencies724
- Toyotetsu Mid AmericaJob stampings, automotive, metal, manufacturing693
- Graywolf Integrated Construction CompanyAddition, alteration and renovation, general contractors, industrial building660
- SFGMeat products canning made from purchased carcasses658
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 101 workplaces with 20 or more staff, 17,537 people in all across the county; Philpot has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- Ice stormsRelatively high
- Winter weatherRelatively high
- Heat wavesRelatively high
- TornadoesRelatively high
- Hailrelatively high in parts of PhilpotRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Philpot’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Daviess County and the Owensboro, KY metro.
Philpot home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Philpot$276,499
- Kentucky$230,909
- United States$366,157
Sellers are cutting prices on about 1 in 4 Philpot listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Philpot16
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Philpot address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Philpot — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.