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These days, finding an affordable place to live in the Mulberry area can be challenging. Home prices in Mulberry are now at a median cost of $326,139, higher than the Kentucky average of $219,615.
The average cost of rent is $955/mo in Mulberry, primarily driven by the current value of real estate in the Mulberry area. In Mulberry, 14.18% of households rent, and 39.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mulberry is $7,173 per month. Households that rent pay about 13.31% of their income on rent here. Mulberry’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Montclair, KY: less expensive homes
- Bagdad, KY: equally priced homes
- Elmburg, KY: higher priced homes
- North Pleasureville, KY: less expensive homes
- Clay Village, KY: equally priced homes
- Shelbyville, KY: less expensive homes
- Eminence, KY: less expensive homes
- Pleasureville, KY: less expensive homes
- Middletown Heights, KY: higher priced homes
- DeFoe, KY: less expensive homes
Cities with Similar Populations
- Vanderpool, TX: higher priced homes
- Crigler, AR: less expensive homes
- Darlington, FL: less expensive homes
- Daufuskie Island, SC: higher priced homes
- Tuggle, VA: less expensive homes
- Tunnel Hill, IL: less expensive homes
- Turon, KS: less expensive homes
- Unadilla, MI: less expensive homes
- Ursula, AR: less expensive homes
- Valley Junction, WI: less expensive homes
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