Versailles is a somewhat small city located in the state of Kentucky. With a population of 10,416 people and seven associated neighborhoods, Versailles is the 39th largest community in Kentucky. Versailles real estate is some of the most expensive in Kentucky, although Versailles house values don't compare to the most expensive real estate in the U.S.Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Versailles is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Versailles is a city of professionals, service providers, and managers. There are especially a lot of people living in Versailles who work in management occupations (10.23%), office and administrative support (7.41%), and sales jobs (7.36%). Telecommuters are a relatively large percentage of the workforce: 7.90% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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. As is often the case in a small city, Versailles doesn't have a public transportation system that people use for their commute.In terms of college education, Versailles is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 33.45% of adults in Versailles have a college degree. The per capita income in Versailles in 2022 was $32,984, which is upper middle income relative to Kentucky, and middle income relative to the rest of the US. This equates to an annual income of $131,936 for a family of four. However, Versailles contains both very wealthy and poor people as well. Versailles is a very ethnically-diverse city. The people who call Versailles home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Versailles residents report their race to be White, followed by Black or African-American. Versailles also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.38% of the city’s residents. Important ancestries of people in Versailles include English, Irish, German, French, and Italian. The most common language spoken in Versailles is English. Other important languages spoken here include Spanish and Italian.
