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Crab Orchard

Learn about the people, housing, costs and businesses in Crab Orchard, Kentucky

Median Home$124,900
Median Rent$757/month
Population754
Leading IndustriesWholesale Trade · Professional Services · Public Administration13% wholesale trade
Home Value Growth⬆⬆⬆+25.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners75% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableAffordable Market$125k median home · lower cost than 82% of the country
Crab Orchard
KY

Frequently Asked Questions

What are today's mortgage rates in Crab Orchard?

As of today, the 30-year fixed mortgage rate for Crab Orchard is approximately 7.018% (7.062% 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 Crab Orchard?

The median home value in Crab Orchard is $125k. The median monthly rent is $757. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Crab Orchard?

Home values in Crab Orchard have increased 25.6% 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 Crab Orchard?

Based on a typical all-in ownership cost of $704/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 Crab Orchard is $51k/year.

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What industries drive the economy in Crab Orchard?

The largest employment sectors in Crab Orchard are public administration (29%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.