Nebo, KY

Full City Profile · Kentucky · Hopkins County County

3.4 /5.0
B Good
223 Population 892/sq mi density
$47,031 Median Income $29,015 per capita
$109,800 Home Value $161,214 Zillow
$931 Median Rent 35.6% income on rent
58°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$47,031 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$109,800 home value, $931/mo rent
D
Education
1.6 / 5.0
7.6% bachelor's degree or higher

Housing Overview

Median Home Value
$109,800
61% below
US avg: $281,900
Median Rent
$931/mo
20% below
US avg: $1,163/mo
Homeownership Rate
71.8%
10% above US avg (65.4%)
Total Housing Units
96
Median year built: 1962

Home Value by Source

Census Median
$109,800
Zillow (ZHVI)
$161,214
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.8%
Owner-Occupied
28.2%
Renter-Occupied
72%
28%
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
35.6%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
71.8%

Complete Housing Data

Home Values

Census Median Value$109,800
Zillow Home Value (ZHVI)$161,214

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-Occupied71.8%
Renter-Occupied28.2%
Homeownership Rate71.8%
Total Housing Units96
Median Year Built1962
Rent Burden35.6%