Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Beaver Dam

Learn about the people, housing, costs and businesses in Beaver Dam, Kentucky

Median Home$162,920
Median Rent$741/month
Population3,727
Leading IndustriesWholesale Trade · Public Administration · Retail18% wholesale trade
Home Value Growth⬆⬆⬆+25.7% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners65% of occupied units
NotableAffordable Market$163k median home · lower cost than 68% of the country
Beaver Dam
KY

Frequently Asked Questions

What are today's mortgage rates in Beaver Dam?

As of today, the 30-year fixed mortgage rate for Beaver Dam is approximately 6.977% (7.019% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Beaver Dam
What is the median home price in Beaver Dam?

The median home value in Beaver Dam is $163k. The median monthly rent is $741. Annual property taxes average $979. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Beaver Dam?

Home values in Beaver Dam have increased 25.7% over the past two years. This indicates a strong appreciation trend. 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 Beaver Dam?

Based on a typical all-in ownership cost of $698/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Beaver Dam is $54k/year.

Calculate your buying power
What industries drive the economy in Beaver Dam?

The largest employment sectors in Beaver Dam are public administration (31%) and wholesale trade (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.