Island, KY
Full City Profile · Kentucky · McLean County County
3.1
/5.0
B
Good
616
Population
1,812/sq mi density
$48,875
Median Income
$26,136 per capita
$72,100
Home Value
$140,943 Zillow
$916
Median Rent
19.0% income on rent
57°F
Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$48,875 median income, 14.9% unemployment
A+
Affordability
5.0 / 5.0
$72,100 home value, $916/mo rent
D
Education
1.7 / 5.0
8.2% bachelor's degree or higher
Housing Overview
Median Home Value
$72,100
74% below
US avg: $281,900
Median Rent
$916/mo
21% below
US avg: $1,163/mo
Homeownership Rate
80.8%
24% above US avg (65.4%)
Total Housing Units
270
Median year built: 1980
Home Value by Source
Census Median
$72,100
Zillow (ZHVI)
$140,943
Redfin Median Sale
$78,000
Median Sale Price
$78,000
Median List Price
$79,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.8%
Owner-Occupied
19.2%
Renter-Occupied
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:
$916/mo
Market Indicators (Redfin)
Median Sale Price
$78,000
Median Days on Market
1 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$93
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
19.0%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
80.8%
Complete Housing Data
Home Values
| Census Median Value | $72,100 |
| Zillow Home Value (ZHVI) | $140,943 |
| Redfin Median Sale | $78,000 |
| Median Sale Price | $78,000 |
| Median List Price | $79,900 |
| Price Per Sq Ft | $93 |
Rent
| Census Median Rent | $916 |
| FMR Studio | $719 |
| FMR 1-Bedroom | $794 |
| FMR 2-Bedroom | $984 |
| FMR 3-Bedroom | $1,277 |
| FMR 4-Bedroom | $1,442 |
Market
| Days on Market | 1 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $93 |
Ownership & Stock
| Owner-Occupied | 80.8% |
| Renter-Occupied | 19.2% |
| Homeownership Rate | 80.8% |
| Total Housing Units | 270 |
| Median Year Built | 1980 |
| Rent Burden | 19.0% |