PROUD INVESTORS & TRUSTEES
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Greater Owensboro Housing Costs
Owensboro MSA median housing cost is 87% cheaper than national median cost and 12% cheaper than Kentucky median cost of owner-occupied homes (American Community Survey, 2006).
Owensboro’s MSA is among the 100 lowest median owner-occupied housing costs of all MSA’s in the country.
Kentucky’s median value of owner-occupied housing in 2006 ranked 7th lowest nationally: Kentucky ranked 21st in home ownership rate for 2006 ( 71.7%). The national average homeownership rate was 68.8% (US Census Bureau, Housing Vacancies and Ownership, 2006).
Housing Cost Comparison |
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Median Housing Cost |
Owensboro MSA |
$98,800 |
Kentucky |
$111,000 |
United States |
$185,000 |
Source: American Community Survey, 2006 |
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