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Marrowbone

Learn about the people, housing, costs and businesses in Marrowbone, Kentucky

Median Home$147,000
Median Rent$508/month
Population149
Leading IndustriesPublic Administration · Retail · Manufacturing35% public administration
Home Value Growth⬆⬆⬆+26.3% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners70% of occupied units
NotableAffordable Market$147k median home · lower cost than 76% of the country
Marrowbone
KY

Frequently Asked Questions

What are today's mortgage rates in Marrowbone?

As of today, the 30-year fixed mortgage rate for Marrowbone is approximately 6.958% (6.999% 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 Marrowbone?

The median home value in Marrowbone is $147k. The median monthly rent is $508. Annual property taxes average $808. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marrowbone?

Home values in Marrowbone have increased 26.3% 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 Marrowbone?

Based on a typical all-in ownership cost of $504/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marrowbone is $50k/year.

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What industries drive the economy in Marrowbone?

The largest employment sectors in Marrowbone are public administration (35%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.