Quick facts: Hebron, KY

Quick Facts

99.8
Cost of Living
below US average
6,607
Population
22.7
Crime Rate per 1000
below US average
$99,257
Median Income
above US average
$449,000
Median House Price
above US average
$2897.5
Average Rent
above US average
5%
Poverty Rate
below US average
3.2%
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 $99,257.

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Income Needed to Buy

βœ— Stretch
$141k/year
Based on $449,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $141k vs median $99,257
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Income Needed to Rent

⚠ Stretch
$124k/year
Based on $2897.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $124k vs median $99,257
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Hebron, KY

Hebron, Kentucky, is a small yet vibrant community located in Boone County, just south of Cincinnati, Ohio. With its strategic position near the Cincinnati/NKY International Airport and major highways such as I-275 and I-71, Hebron offers easy access to urban amenities while maintaining a suburban charm. The area is characterized by a mix of residential neighborhoods, parks, and local businesses. The town prides itself on its family-friendly atmosphere, featuring several schools within the Boone County School District. Outdoor enthusiasts can explore nearby parks like the Big Bone Lick State Historic Site, known for its unique fossils and trails. Hebron is also home to the popular Florence Mall and various shopping and dining options, contributing to a convenient lifestyle for residents. The community hosts several local events and festivals throughout the year, fostering a sense of neighborhood pride. Overall, Hebron is an ideal location for those seeking a balance between suburban living and access to larger metropolitan conveniences.

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