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Burgin

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

Median Home$257,600
Median Rent$971/month
Population930
Leading IndustriesWholesale Trade · Transportation · Construction12% wholesale trade
Home Value Growth⬆⬆⬆+28.3% over 2 years
Retirees24% of residentsslightly above average
Homeowners89% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Burgin
KY

Frequently Asked Questions

What are today's mortgage rates in Burgin?

As of today, the 30-year fixed mortgage rate for Burgin is approximately 6.998% (7.038% 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 Burgin?

The median home value in Burgin is $258k. The median monthly rent is $971. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Burgin?

Home values in Burgin have increased 28.3% 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 Burgin?

Based on a typical all-in ownership cost of $859/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 Burgin is $79k/year.

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What industries drive the economy in Burgin?

The largest employment sectors in Burgin are public administration (24%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.