Quick facts: Burkesville, KY

Quick Facts

99.8
Cost of Living
below US average
1,380
Population
3.62
Crime Rate per 1000
below US average
$26,563
Median Income
below US average
$225,000
Median House Price
above US average
$1350
Average Rent
below US average
14%
Poverty Rate
above US average
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 $26,563.

🏠

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 $26,563
🏒

Income Needed to Rent

⚠ Stretch
$58k/year
Based on $1350/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $58k vs median $26,563
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Burkesville, KY

Burkesville is a charming city located in Cumberland County, Kentucky. It serves as the county seat and has a rich history, dating back to its founding in the early 1800s. The town is nestled along the banks of the Cumberland River and surrounded by picturesque landscapes typical of southern Kentucky. Burkesville is known for its friendly atmosphere and strong sense of community. The population is small, making it a quaint and tight-knit place to live or visit. The city offers several outdoor activities, including fishing, boating, and hiking, thanks to its proximity to the river and nearby waterways like Dale Hollow Lake, which is popular for water sports and recreational fishing. Local attractions include historic sites, charming shops, and annual events like the Burkesville Fall Festival, which celebrates the city’s heritage with food, crafts, and entertainment. The nearby traditional rural landscape is dotted with farms, making it a serene spot for those seeking a slower pace of life or a weekend getaway. Overall, Burkesville embodies the spirit of small-town America, rich in culture and natural beauty.

πŸ” Search & Compare Places

First Location πŸ“