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These days, finding an affordable place to live in the Bowen area can be challenging. Home prices in Bowen are now at a median cost of $171,000, lower than the Kentucky average of $219,615.
The average cost of rent is $796/mo in Bowen, primarily driven by the current value of real estate in the Bowen area. In Bowen, 19.01% of households rent, and 61.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bowen is $7,724 per month. Households that rent pay about 10.31% of their income on rent here. Bowen’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stanton, KY: less expensive homes
- Slade, KY: equally priced homes
- Fagan, KY: less expensive homes
- Rothwell, KY: less expensive homes
- Means, KY: less expensive homes
- Levee, KY: equally priced homes
- Jeffersonville, KY: equally priced homes
- Lucky Stop, KY: less expensive homes
- Frenchburg, KY: less expensive homes
- Vaughns Mill, KY: less expensive homes
Cities with Similar Populations
- Elton, WI: higher priced homes
- Four Corners, WY: higher priced homes
- Fountain Springs, PA: higher priced homes
- Fort Kipp, MT: equally priced homes
- Fort Hill, PA: equally priced homes
- The Narrows, NY: less expensive homes
- Thornton, AL: higher priced homes
- Estes Crossroads, AL: higher priced homes
- Estatoe, NC: higher priced homes
- Entriken, PA: higher priced homes
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