Owensboro
Owensboro city, Kentucky
Owensboro, Kentucky, is a hidden gem for those seeking affordability without sacrificing quality of life. Imagine a place where a home costs less than half the national median, with a median home value of just $151,800. This translates into more financial freedom to enjoy the city's vibrant culture, known for its bluegrass music and delicious barbecue. While the median household income of $51,982 is less than the national average, the lower cost of living makes your money go much further here. The pace is relaxed, the people are friendly, and there's a strong sense of community.
From an investment perspective, Owensboro offers a stable and accessible housing market. While detailed employment figures fluctuate, the city has a diverse economy, and crime rates are consistently low, making it a safe and attractive place to raise a family. This is an ideal location for first-time homebuyers, young families, and retirees looking for a comfortable lifestyle with a low cost of living. The market is not as fast-paced as some larger cities, but the consistency of demand ensures a steady return on investment.
Owensboro, Kentucky at a Glance
Owensboro is a city in Owensboro city, Kentucky with a population of approximately 60,019. The median home value is $151,800 and the median household income is $51,982. 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
$151,800
Median Income
$51,982
Population
60,019
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Low
Fair
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- Population
- 60,019
- Median Age
- N/A
- Median Household Income
- $51,982
30% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 18.5%
49% above nat'l avg
- Median Home Value
- $151,800
46% 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
- 8.2¢/kWh
50% below nat'l avg
- Est. Monthly Electric
- $74
46% below nat'l avg
- Total Schools
- 1
- Elementary
- 1
- Middle
- 0
- High School
- 0
- Avg. Enrollment
- 464
Nearby Schools
- Unemployment Rate
- 4.2%
14% above nat'l avg
- Poverty Rate
- 18.5%
49% above nat'l avg
Weather & Climate in Owensboro
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 Owensboro
ROMP Fest
A bluegrass music festival held annually.
Friday After 5
A free summer concert series held on Friday evenings.
Owensboro Air Show
An annual air show featuring military and civilian aircraft.
International Bar-B-Q Festival
A large barbecue competition and festival.
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