Russell Springs
Russell Springs city, Kentucky
Alright, let me paint you a picture of Russell Springs, Kentucky. Nestled in the heart of the Bluegrass State, this charming town offers a refreshingly affordable lifestyle, a stark contrast to the rapidly inflating real estate markets across the US. Picture this: you're strolling through a friendly community where the median home value clocks in at a modest $156,700—a steal when compared to the national median of around $350,000. Russell Springs is a place where you can stretch your dollar, enjoy a slower pace of life, and still find all the essentials. With a population of just over 2,700, it's the kind of town where neighbors know each other and community spirit thrives.
From an investment perspective, Russell Springs presents a compelling case, especially for those seeking affordability and potential for appreciation. While the median household income of $34,219 is lower than the national average, the cost of living is significantly lower, and your housing costs will be a fraction of what you'd pay elsewhere. The town's tight-knit nature also contributes to a feeling of safety and security. This area is ideally suited for first-time homebuyers, retirees looking for a peaceful haven, or investors seeking rental properties with attractive yields. It's a place where you can truly get more for your money, making it a smart choice for those prioritizing value and a relaxed way of life.
Russell Springs, Kentucky at a Glance
Russell Springs is a city in Russell Springs city, Kentucky with a population of approximately 2,713. The median home value is $156,700 and the median household income is $34,219.. The violent crime rate is 1.5 per 1,000 residents, which is 58% below the national average.. Median rent is $706 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$156,700
Median Income
$34,219
Population
2,713
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 2,713
- Median Age
- N/A
- Median Household Income
- $34,219
54% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 27.2%
119% above nat'l avg
- Median Home Value
- $156,700
44% below nat'l avg
- Median Rent
- $706
39% below nat'l avg
- Homeownership Rate
- 53.4%
19% 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
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 8.1%
119% above nat'l avg
- Poverty Rate
- 27.2%
119% above nat'l avg
Political Landscape
→ Politically stable
Based on Garrard County county-level presidential election data
Culture & Things to Do in Russell Springs
Russell County Fair
Annual county fair featuring agricultural exhibits, rides, and entertainment.
Lake Cumberland Dragon Boat Festival
A vibrant festival with dragon boat races, food vendors, and live music.
Russell Springs Christmas Parade
A festive parade through the town celebrating the holiday season.
Russell County Apple Festival
A celebration of apples with food, crafts, and activities.
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