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Bourbon County

Learn about the people, housing, costs and businesses in Bourbon County County

Median Home$237,561
Median Rent$830/month
Population20,240
Leading IndustriesConstruction · Transportation · Agriculture & Mining9% construction
Home Value Growth⬆⬆⬆+22.2% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners64% of occupied units
Bourbon County
KY

Frequently Asked Questions

What are today's mortgage rates in Bourbon County?

As of today, the 30-year fixed mortgage rate for Bourbon County is approximately 7.041% (7.068% 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 Bourbon County
What is the median home price in Bourbon County?

The median home value in Bourbon County is $238k. The median monthly rent is $830. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bourbon County?

Home values in Bourbon County have increased 22.2% 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 Bourbon County?

Based on a typical all-in ownership cost of $886/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bourbon County is $63k/year.

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What industries drive the economy in Bourbon County?

The largest employment sectors in Bourbon County are public administration (22%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas