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Burkesville

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

Median Home$146,040
Median Rent$508/month
Population1,410
Leading IndustriesPublic Administration · Retail · Manufacturing35% public administration
Home Value Growth⬆⬆⬆+26.3% over 2 years
Young Adults29% of residentsslightly above average
Homeowners71% of occupied units
NotableAffordable Market$146k median home · lower cost than 76% of the country
Burkesville
KY

Frequently Asked Questions

What are today's mortgage rates in Burkesville?

As of today, the 30-year fixed mortgage rate for Burkesville is approximately 6.949% (6.987% 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 Burkesville?

The median home value in Burkesville is $146k. The median monthly rent is $508. Annual property taxes average $805. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Burkesville?

Home values in Burkesville have increased 26.3% 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 Burkesville?

Based on a typical all-in ownership cost of $503/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Burkesville is $50k/year.

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What industries drive the economy in Burkesville?

The largest employment sectors in Burkesville are public administration (35%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.