Lebanon
Lebanon city, Kentucky
As your local real estate expert, I can tell you that Lebanon, Kentucky, offers a refreshing dose of Southern charm and affordability that's hard to find these days. Imagine a place where the median home value is a mere $123,400, a stark contrast to the national average, making homeownership a realistic dream. With a population of just over 6,200, Lebanon boasts a tight-knit community feel, where neighbors know each other and life moves at a relaxed pace. This is a place where you can enjoy the simple pleasures, from front-porch conversations to weekend picnics in the park, all without breaking the bank.
From an investment perspective, Lebanon presents a compelling case. While the median household income of $37,500 is lower than the national average, the incredibly low cost of living, particularly housing, significantly enhances the quality of life. The town is known for its safety, with low crime rates making it an ideal location for families and retirees. The market is favorable for first-time homebuyers or those seeking a more budget-friendly lifestyle, offering the chance to own property without the burden of excessive debt. Lebanon is a strong choice for those seeking a slower pace of life, a welcoming community, and the financial freedom that comes with affordable living.
Lebanon, Kentucky at a Glance
Lebanon is a city in Lebanon city, Kentucky with a population of approximately 6,274. The median home value is $123,400 and the median household income is $37,500. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.5 per 1,000 residents, which is 58% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $634 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$123,400
Median Income
$37,500
Population
6,274
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Low
Good
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- Population
- 6,274
- Median Age
- N/A
- Median Household Income
- $37,500
50% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 32.2%
160% above nat'l avg
- Median Home Value
- $123,400
56% below nat'l avg
- Median Rent
- $634
45% below nat'l avg
- Homeownership Rate
- 50.6%
23% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.5 per 1K
58% below nat'l avg
- Property Crime Rate
- 8.1 per 1K
57% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Low
- Risk Score
- 50.22
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 12.1¢/kWh
27% below nat'l avg
- Est. Monthly Electric
- $109
20% below nat'l avg
- Unemployment Rate
- 8.6%
132% above nat'l avg
- Poverty Rate
- 32.2%
160% above nat'l avg
Weather & Climate in Lebanon
Avg High
67°F
Avg Low
49°F
Annual Rainfall
49.2"
Avg Humidity
71%
Political Landscape
→ Politically stable
Based on Garrard County county-level presidential election data
Culture & Things to Do in Lebanon
Marion County Country Ham Days
A celebration of country ham with food, crafts, and entertainment.
Lebanon Christmas Parade
An annual parade featuring floats, bands, and community groups.
Marion County Fair
A traditional county fair with agricultural exhibits, rides, and entertainment.
Arts on the Square
A local arts and crafts fair held in the town square.
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