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Munfordville

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

Median Home$132,029
Median Rent$672/month
Population1,756
Leading IndustriesEducation · Arts, Food & Hospitality · Information & Media4% education
Home Value Growth⬆⬆+12.8% over 2 years
Retirees22% of residentsnear the national average
Homeowners59% of occupied units
NotableHighly Educated28% bachelor's · 12% graduate · top 12% nationally
NotableAffordable Market$132k median home · lower cost than 80% of the country
Munfordville
KY

Frequently Asked Questions

What are today's mortgage rates in Munfordville?

As of today, the 30-year fixed mortgage rate for Munfordville is approximately 6.807% (6.840% 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 Munfordville?

The median home value in Munfordville is $132k. The median monthly rent is $672. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Munfordville?

Home values in Munfordville have increased 12.8% 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 Munfordville?

Based on a typical all-in ownership cost of $681/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Munfordville is $52k/year.

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What industries drive the economy in Munfordville?

The largest employment sectors in Munfordville are public administration (23%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.