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Booneville

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

Median Home$80,181
Median Rent$548/month
Population158
Leading IndustriesInformation & Media · Finance & Insurance · Construction12% information & media
Young Adults23% of residents
Homeowners61% of occupied units
NotableAffordable Market$80k median home · lower cost than 97% of the country
Booneville
KY

Frequently Asked Questions

What are today's mortgage rates in Booneville?

As of today, the 30-year fixed mortgage rate for Booneville 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 Booneville?

The median home value in Booneville is $80k. The median monthly rent is $548. Annual property taxes average $527. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $456/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Booneville is $21k/year.

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What industries drive the economy in Booneville?

The largest employment sectors in Booneville are public administration (28%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.