Quick facts: Argillite, KY

Quick Facts

99.8
Cost of Living
below US average
Population data is updating, will be available soon
Crime rate Data is updating, will be available soon
Media income Data is updating, will be available soon
$250,000
Median House Price
above US average
$1350
Average Rent
below US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $0.

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Income Needed to Buy

βœ— Stretch
$78k/year
Based on $250,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $78k vs median $0
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Income Needed to Rent

⚠ Stretch
$58k/year
Based on $1350/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $58k vs median $0
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Argillite, KY

Argillite is a small, unincorporated community located in Greenup County, Kentucky. Nestled in the Appalachian region, it features a rural landscape characterized by rolling hills and woodlands. The community is primarily residential and serves as a quiet retreat from the hustle and bustle of larger cities. Argillite is situated near the Ohio River, providing access to outdoor recreational activities such as fishing and boating. The nearby city of Ashland, approximately 10 miles to the west, offers more urban amenities, including shopping, dining, and healthcare facilities. The area is rich in history and culture, with influences from Native American heritage and early settler life visible throughout the region. Local events and festivals celebrate the community's traditions, fostering a close-knit atmosphere among residents. For those who appreciate nature and a slower pace of life, Argillite offers scenic beauty and a friendly community spirit.

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