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Powell County

Learn about the people, housing, costs and businesses in Powell County County

Median Home$316,093
Median Rent$817/month
Population7,053
Leading IndustriesConstruction · Agriculture & Mining9% construction
Home Value Growth⬆⬆⬆+22.5% over 2 years
Young Adults29% of residentsslightly above average
Homeowners73% of occupied units
NotableVeteran Community12% of residents · top 5% nationally
Powell County
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Frequently Asked Questions

What are today's mortgage rates in Powell County?

As of today, the 30-year fixed mortgage rate for Powell County is approximately 7.125% (7.153% 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 Powell County?

The median home value in Powell County is $316k. The median monthly rent is $817. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Powell County?

Home values in Powell County have increased 22.5% 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 Powell County?

Based on a typical all-in ownership cost of $862/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Powell County is $66k/year.

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What industries drive the economy in Powell County?

The largest employment sectors in Powell County are public administration (21%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas