Wheelwright is a home rule-class city in Floyd County, Kentucky, United States. The population was 780 at the 2010 census, down from 1,04…Wheelwright is a home rule-class city in Floyd County, Kentucky, United States. The population was 780 at the 2010 census, down from 1,042 in 2000. Before the arrival of coal, many locals lived by farming or logging. The land which would later become Wheelwright was owned by the Hall family. In 1916, the Halls sold their land to the Elk Horn Coal Company. That same year a post office was established with the name Wheelwright, named for the company's president at that time, Jere H. Wheelwright. The city was officially incorporated in 1917. Elk Horn leased its mines from the Consolidation Coal. In 1930, Consolidation sold the Wheelwright coal camp to Inland Steel. In 1966, Inland Steel sold the camp to Island Creek Coal. The mine closed in the 1970s. After the mine was abandoned, the Kentucky Housing Corporation purchased the town, rehabilitated the homes, and sold the homes to residents.