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Norbourne Estates

Learn about the people, housing, costs and businesses in Norbourne Estates, Kentucky

Median Home$351,900
Median Rent$1,329/month
Population463
Leading IndustriesTransportation · Healthcare · Finance & Insurance3% transportation
Home Value Growth⬆⬆+11.9% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners61% of occupied units
NotableAmenity Score86/100 · highly walkable area
NotableHigh Incomes$96k/year · top 20% nationally
Norbourne Estates
KY

Explore Norbourne Estates

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

Frequently Asked Questions

What are today's mortgage rates in Norbourne Estates?

As of today, the 30-year fixed mortgage rate for Norbourne Estates is approximately 6.850% (6.885% 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 Norbourne Estates?

The median home value in Norbourne Estates is $352k. The median monthly rent is $1,329. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Norbourne Estates?

Home values in Norbourne Estates have increased 11.9% 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 Norbourne Estates?

Based on a typical all-in ownership cost of $1,138/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Norbourne Estates is $96k/year.

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What industries drive the economy in Norbourne Estates?

The largest employment sectors in Norbourne Estates are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.