Drakesboro is located in west Kentucky. Drakesboro is part of Muhlenberg County. Drakesboro has 0.55 square miles of land area and 0.01 square miles of water area. As of 2010-2014, the total Drakesboro population is 483, which has shrunk 22.97% since 2000. The population growth rate is much lower than the state average rate of 8.45% and is much lower than the national average rate of 11.61%. Drakesboro median household income is $24,688 in 2010-2014 and has grown by 38.11% since 2000. The income growth rate is higher than the state average rate of 28.72% and is higher than the national average rate of 27.36%. Drakesboro median house value is $66,700 in 2010-2014 and has grown by 81.25% since 2000. The house value growth rate is much higher than the state average rate of 40.25% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Drakesboro is better than the state average in quality. The Drakesboro area code is 270.