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Graymoor-Devondale

Learn about the people, housing, costs and businesses in Graymoor-Devondale, Kentucky

Median Home$326,147
Median Rent$1,826/month
Population2,874
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services16% arts, food & hospitality
Home Value Growth⬆⬆+12.2% over 2 years
Retirees28% of residentswell above average
Homeowners73% of occupied units
NotableHighly Educated34% bachelor's · 21% graduate · top 4% nationally
NotableHigh Incomes$89k/year · top 25% nationally
Graymoor-Devondale
KY

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Frequently Asked Questions

What are today's mortgage rates in Graymoor-Devondale?

As of today, the 30-year fixed mortgage rate for Graymoor-Devondale is approximately 6.869% (6.904% 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 Graymoor-Devondale?

The median home value in Graymoor-Devondale is $326k. The median monthly rent is $1,826. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Graymoor-Devondale?

Home values in Graymoor-Devondale have increased 12.2% 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 Graymoor-Devondale?

Based on a typical all-in ownership cost of $1,379/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Graymoor-Devondale is $89k/year.

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What industries drive the economy in Graymoor-Devondale?

The largest employment sectors in Graymoor-Devondale are public administration (27%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.