Madisonville
Madisonville city, Kentucky
Madisonville, Kentucky, offers a refreshing alternative to the soaring costs of living in many parts of the country. Here, you'll find a welcoming community where your dollar stretches much further. The median home value of $143,800 is a testament to its affordability, a stark contrast to the national median. This translates to more financial freedom and the opportunity to enjoy a comfortable lifestyle without the burden of excessive housing costs. Imagine owning a charming home with a yard, all while staying well within your budget. The overall vibe is friendly, with a pace of life that allows residents to savor the simple pleasures and build strong community ties.
From an investment perspective, Madisonville presents a compelling case. While the median household income of $54,234 is slightly below the national average, the low cost of living significantly enhances purchasing power. This makes Madisonville an ideal location for first-time homebuyers or those looking to downsize and enjoy a more relaxed pace. The town is known for being safe, fostering a secure environment for families. The housing market offers a variety of options, from historic homes to modern builds, catering to diverse preferences. Madisonville is perfect for those seeking affordability, a strong sense of community, and a place to call home without breaking the bank.
Madisonville, Kentucky at a Glance
Madisonville is a city in Madisonville city, Kentucky with a population of approximately 19,433. The median home value is $143,800 and the median household income is $54,234. 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 $817 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$143,800
Median Income
$54,234
Population
19,433
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Low
Fair
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- Population
- 19,433
- Median Age
- N/A
- Median Household Income
- $54,234
27% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 21.0%
69% above nat'l avg
- Median Home Value
- $143,800
49% below nat'l avg
- Median Rent
- $817
30% below nat'l avg
- Homeownership Rate
- 86.0%
31% above nat'l avg
- Affordability Index
- 146
46% above nat'l avg
- 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
- Quiet
- 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
- Total Schools
- 1
- Elementary
- 1
- Middle
- 0
- High School
- 0
- Avg. Enrollment
- 464
- Student-Teacher Ratio
- 15:1
- Free/Reduced Lunch
- 61.4%
- Title I Schools
- 0%
Student Demographics
Nearby Schools
- Unemployment Rate
- 9.3%
151% above nat'l avg
- Poverty Rate
- 21.0%
69% above nat'l avg
Weather & Climate in Madisonville
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 Madisonville
Hopkins County Fair
Annual county fair featuring rides, exhibits, and entertainment.
Madisonville Sidewalk Chalk Art Festival
A vibrant festival where artists create colorful chalk art on sidewalks.
Christmas in the Park
A holiday celebration with lights, displays, and festive activities.
Summer Concert Series
Free outdoor concerts held throughout the summer months.
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