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Salvisa

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

Median Home$266,400
Median Rent$837/month
Population427
Leading IndustriesFinance & Insurance · Information & Media · Retail8% finance & insurance
Home Value Growth⬆⬆⬆+26.3% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners87% of occupied units
NotableHigh Incomes$86k/year · top 28% nationally
Salvisa
KY

Frequently Asked Questions

What are today's mortgage rates in Salvisa?

As of today, the 30-year fixed mortgage rate for Salvisa is approximately 6.959% (6.997% 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 Salvisa?

The median home value in Salvisa is $266k. The median monthly rent is $837. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Salvisa?

Home values in Salvisa 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 Salvisa?

Based on a typical all-in ownership cost of $1,150/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 Salvisa is $86k/year.

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What industries drive the economy in Salvisa?

The largest employment sectors in Salvisa are public administration (22%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.