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Fleming-Neon

Learn about the people, housing, costs and businesses in Fleming-Neon, Kentucky

Median Home$52,943
Median Rent$722/month
Population543
Leading IndustriesPublic Administration · Manufacturing · Finance & Insurance38% public administration
Home Value Growth⬆⬆+12.4% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners72% of occupied units
NotableAffordable Market$53k median home · lower cost than 100% of the country
Fleming-Neon
KY

Frequently Asked Questions

What are today's mortgage rates in Fleming-Neon?

As of today, the 30-year fixed mortgage rate for Fleming-Neon is approximately 7.189% (7.237% 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 Fleming-Neon?

The median home value in Fleming-Neon is $53k. The median monthly rent is $722. Annual property taxes average $509. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fleming-Neon?

Home values in Fleming-Neon have increased 12.4% 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 Fleming-Neon?

Based on a typical all-in ownership cost of $565/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fleming-Neon is $47k/year.

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What industries drive the economy in Fleming-Neon?

The largest employment sectors in Fleming-Neon are public administration (38%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.