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Dawson Springs

Learn about the people, housing, costs and businesses in Dawson Springs, Kentucky

Median Home$69,400
Median Rent$538/month
Population2,024
Leading IndustriesRetail · Manufacturing · Wholesale Trade21% retail
Home Value Growth⬆⬆⬆+34.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners67% of occupied units
NotableAffordable Market$69k median home · lower cost than 98% of the country
NotableTransit88/100 · excellent transit access
Dawson Springs
KY

Frequently Asked Questions

What are today's mortgage rates in Dawson Springs?

As of today, the 30-year fixed mortgage rate for Dawson Springs is approximately 7.407% (7.461% 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 Dawson Springs?

The median home value in Dawson Springs is $69k. The median monthly rent is $538. Annual property taxes average $692. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dawson Springs?

Home values in Dawson Springs have increased 34.2% 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 Dawson Springs?

Based on a typical all-in ownership cost of $541/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dawson Springs is $35k/year.

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What industries drive the economy in Dawson Springs?

The largest employment sectors in Dawson Springs are public administration (25%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.