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Paducah

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

Median Home$137,921
Median Rent$796/month
Population26,560
Leading IndustriesProfessional Services · Public Administration2% professional services
Home Value Growth+10.7% over 2 years
Young Adults28% of residentsnear the national average
Homeowners59% of occupied units
NotableAmenity Score83/100 · highly walkable area
NotableTransit79/100 · excellent transit access
Paducah
KY

Frequently Asked Questions

What are today's mortgage rates in Paducah?

As of today, the 30-year fixed mortgage rate for Paducah is approximately 6.939% (6.988% 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 Paducah?

The median home value in Paducah is $138k. The median monthly rent is $796. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paducah?

Home values in Paducah have increased 10.7% 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 Paducah?

Based on a typical all-in ownership cost of $795/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paducah is $46k/year.

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What industries drive the economy in Paducah?

The largest employment sectors in Paducah are public administration (26%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.