Living in Owensboro, Kentucky
Cost of living, income, home prices, rent and demographics of Owensboro · Census data 2020–2024
Owensboro has 60,302 residents with a median age of 37.5. The median household income is $56,357 (12% lower than the Kentucky median), the median home value is $178,900, the median rent is $905/month.
Owensboro at a glance
- Population
- 60,302
- Median age
- 37.5State: 39.1
- Median household income
- $56,357State: $63,726
- Median home value
- $178,900State: $205,600
- Median rent
- $905/moState: $967
- Homeowners
- 57.4%
- Bachelor's degree or higher
- 26.1%
- Average commute
- 17 min
Is Owensboro a good place to live?
Pros: Home values 13% lower than the state median; an average commute of 17 minutes.
Cons: Median household income 12% lower than the Kentucky median; unemployment of 5.3%; a poverty rate of 18.9%.
The weather is best in May and August to October.
Cost of living in Owensboro
Housing is the biggest part of the cost of living. In Owensboro the median home value is $178,900, 46% lower than the U.S. median. Renters pay a median of $905 per month, which is 27.1% of household income. Homeowners with a mortgage pay $1,321 a month in housing costs.
Owensboro median household income
The median household income in Owensboro is $56,357 and the income per person is $33,626. 18.9% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Owensboro: homes for sale and rent
- Housing units
- 27,274
- Owner-occupied
- 57.4%
- Renter-occupied
- 42.6%
- Vacant
- 6.7%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.30
Owensboro demographics
- Population
- 60,302
- Median age
- 37.5
- Under 18
- 23.8%
- 65 and older
- 19%
- Households
- 25,451
- Foreign-born
- 5%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Owensboro ›
Education in Owensboro
26.1% of adults 25 and older in Owensboro have a bachelor's degree or higher (Kentucky: 27.6%), and 10.4% have a graduate or professional degree.
Jobs and commute in Owensboro
- Unemployment rate
- 5.3%State: 4.9%
- Average commute
- 17 minState: 24 min
- Work from home
- 6.9%
- Drive alone
- 82%
- Public transit
- 0.5%
- Walk to work
- 1.9%
- Homes with broadband
- 89.4%
Owensboro vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Owensboro | 60,302 | $56,357 | $178,900 | $905 |
| Sorgho | 2,960 | $121,579 | $275,800 | — |
| Thruston | 2,581 | $69,922 | $187,700 | $810 |
| Philpot | 1,036 | $87,692 | $240,900 | — |
| Masonville | 2,887 | $83,241 | $230,400 | — |
| Rockport | 1,958 | $48,889 | $132,700 | $678 |
| Yelvington | 594 | $68,176 | $137,500 | — |
| Reo | 465 | $103,478 | $172,900 | — |
| Knottsville | 245 | $96,513 | — | — |
More for people moving to Owensboro
Owensboro ZIP code ›Weather and climate ›Living in Owensboro: FAQ
What is the median household income in Owensboro, KY?
The median household income in Owensboro is $56,357, 12% lower than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Owensboro?
The median home value in Owensboro is $178,900, compared with $205,600 in Kentucky.
How much is rent in Owensboro?
The median gross rent in Owensboro is $905 per month, about 27.1% of household income.
Is Owensboro, KY a good place to live?
Pluses: home values 13% lower than the state median; an average commute of 17 minutes. Minuses: median household income 12% lower than the Kentucky median; unemployment of 5.3%; a poverty rate of 18.9%.
What is the median age in Owensboro?
The median age in Owensboro is 37.5 years (Kentucky: 39.1).
How long is the commute in Owensboro?
The average commute to work in Owensboro is 17 minutes; 6.9% of workers work from home.
What is the unemployment rate in Owensboro?
The unemployment rate in Owensboro is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Owensboro?
26.1% of adults in Owensboro have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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