Cost of Living,
Owensboro's Real Estate Market
Owensboro Metro Area
Profile: Small river town Location: Northwestern Kentucky along the Ohio River, 100 miles west of Louisville Elevation: 406 Time zone: Eastern Standard Time
|Small town feel||Isolation|
|Low crime rate||Arts and culture|
|Cost of living||Entertainment|
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An industrial and agricultural center on the Ohio River, Owensboro is the third-largest city in Kentucky. It serves the retail and service needs for a large part of western Kentucky. It is known for a favorable small-business and manufacturing climate.
The city has a diverse industrial base, strong employment, and reasonably high income relative to the low cost of living, giving moderately high buying power. The downtown area has a nicely refreshed historic feel, and there is a new riverfront redevelopment in progress. But despite some locally flavored amenities—a bluegrass music museum and an annual barbecue festival—there isn’t much to do.
Owensboro is located on a river plain of the Ohio River, with mostly level terrain of mixed agriculture and wooded areas. The climate is continental with effects from local storm tracks. Summers are hot and humid. Both summer and winter are highly variable, alternating between cold northwesterly winds and warm southerly ones. Storms and weather transitions bring high winds in all seasons and strong thunderstorms in summer. Snow does occur, but large and lengthy accumulations are uncommon. First freeze is late October, last is early April.
Interesting Facts about Owensboro, Kentucky
As of 2014, Owensboro's population is 57,361 people. Since 2000, it has had a population growth of 5.45 percent.--------------------
The median home cost in Owensboro is $102,200. Home appreciation the last year has been 2.30 percent.--------------------
Compared to the rest of the country, Owensboro's cost of living is 16.50% Lower than the U.S. average.--------------------
Owensboro public schools spend $11,099 per student. The average school expenditure in the U.S. is $12,435. There are about 14.6 students per teacher in Owensboro.--------------------
The unemployment rate in Owensboro is 6.00 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Owensboro jobs have Increased by 0.15 percent.
Ranked #40 America's Best and Worst Cities for Crime (Smallest Metro Areas)
Ranked #73 America's Most (and Least) Stressful Cities (117 Smallest Metro Areas)
Ranked #303 2005 Best Places to Live
Ranked #362 Best Green Cities
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Average Commute time is 15 minutes. The National Average is 25 minutes.--------------------
Owensboro's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes