Quick facts: Campbellsville, KY

Quick Facts

99.8
Cost of Living
below US average
11,599
Population
16.55
Crime Rate per 1000
below US average
$53,254
Median Income
below US average
$225,000
Median House Price
above US average
$1070.33
Average Rent
below US average
Poverty rate Data is updating, will be available soon
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $53,254.

🏠

Income Needed to Buy

βœ— Stretch
$71k/year
Based on $225,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $71k vs median $53,254
🏒

Income Needed to Rent

βœ“ Affordable
$46k/year
Based on $1070.33/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($53,254) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Campbellsville, KY

Campbellsville is a small city located in Taylor County, Kentucky. As the county seat, it serves as a local hub for commerce and community activities. Nestled in the rolling hills of south-central Kentucky, Campbellsville offers a charming atmosphere with a blend of rural charm and small-town friendliness. The city is known for its vibrant community, with various local events and festivals that celebrate its rich heritage. One notable event is the annual Taylor County Apple Festival, drawing visitors from the region to enjoy food, crafts, and entertainment. Campbellsville is also home to Campbellsville University, a private Christian institution that provides higher education opportunities and contributes to the cultural and economic vitality of the area. Outdoor enthusiasts can enjoy nearby natural attractions, including state parks and scenic trails. The city’s location provides easy access to larger cities like Louisville and Lexington for additional amenities and activities. Overall, Campbellsville is a welcoming place, rich in community spirit and local culture, making it a unique spot in Kentucky's landscape.

πŸ” Search & Compare Places

First Location πŸ“