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Bandana

Learn about the people, housing, costs and businesses in Bandana, Kentucky

Median Home$145,600
Median Rent$922/month
Population178
Leading IndustriesInformation & Media · Finance & Insurance · Manufacturing10% information & media
Home Value Growth+7.3% over 2 years
Retirees21% of residentsnear the national average
Homeowners74% of occupied units
Bandana
KY

Frequently Asked Questions

What are today's mortgage rates in Bandana?

As of today, the 30-year fixed mortgage rate for Bandana is approximately 6.958% (6.999% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Bandana?

The median home value in Bandana is $146k. The median monthly rent is $922. Annual property taxes average $999. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bandana?

Home values in Bandana have increased 7.3% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Bandana?

Based on a typical all-in ownership cost of $869/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bandana is $74k/year.

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What industries drive the economy in Bandana?

The largest employment sectors in Bandana are public administration (26%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.