Drakesboro, KY

Full City Profile · Kentucky · Muhlenberg County County

3.0 /5.0
B Good
586 Population 1,065/sq mi density
$41,500 Median Income $18,661 per capita
$76,900 Home Value $89,597 Zillow
$931 Median Rent 51.0% income on rent
56°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$41,500 median income, 4.3% unemployment
A+
Affordability
5.0 / 5.0
$76,900 home value, $931/mo rent
F
Education
1.3 / 5.0
4.2% bachelor's degree or higher

Housing Overview

Median Home Value
$76,900
73% below
US avg: $281,900
Median Rent
$931/mo
20% below
US avg: $1,163/mo
Homeownership Rate
87.9%
34% above US avg (65.4%)
Total Housing Units
209
Median year built: 1972

Home Value by Source

Census Median
$76,900
Zillow (ZHVI)
$89,597
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

87.9%
Owner-Occupied
12.1%
Renter-Occupied
88%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent: $931/mo

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
87.9%

Complete Housing Data

Home Values

Census Median Value$76,900
Zillow Home Value (ZHVI)$89,597

Rent

Census Median Rent$931
FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Ownership & Stock

Owner-Occupied87.9%
Renter-Occupied12.1%
Homeownership Rate87.9%
Total Housing Units209
Median Year Built1972
Rent Burden51.0%