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Lebanon Junction

Learn about the people, housing, costs and businesses in Lebanon Junction, Kentucky

Median Home$185,700
Median Rent$901/month
Population1,896
Leading IndustriesFinance & Insurance · Information & Media · Retail15% finance & insurance
Home Value Growth⬆⬆⬆+29.6% over 2 years
Retirees24% of residentsslightly above average
Homeowners87% of occupied units
Lebanon Junction
KY

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lebanon Junction?

As of today, the 30-year fixed mortgage rate for Lebanon Junction is approximately 6.998% (7.038% 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 Lebanon Junction?

The median home value in Lebanon Junction is $186k. The median monthly rent is $901. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lebanon Junction?

Home values in Lebanon Junction have increased 29.6% 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 Lebanon Junction?

Based on a typical all-in ownership cost of $908/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lebanon Junction is $68k/year.

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What industries drive the economy in Lebanon Junction?

The largest employment sectors in Lebanon Junction are public administration (20%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.