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There are 376 USDA backed residential loans in Muhlenberg county with an average loan balance of $80,118. Over 71% of the loans helped first time home buyers. Borrowers were an average age of 35 years old. The typical appraised home value was around $83,437. On average the rural home size purchased with this loan was approximately 1,450 SqFt. Muhlenberg county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Muhlenberg County is roughly 1,241 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Muhlenberg County is 8. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Muhlenberg County, KY
* cities most likely to have USDA loan eligible properties for sale.
Beech Creek • *Beechmont • Belton • Bevier • *Bremen • Browder • *Central City • *Cleaton • Depoy • *Drakesboro • *Dunmor • Earles • Ebenezer • Ennis • Gishton • Graham • *Greenville • Gus • Hillside • Holt • Knightsburg • Lynn City • Martwick • McNary • Mercer • Midland • Millport • Moorman • Nelson • Nonnell • Penrod • *Powderly • Rosewood • Sandy • Skilesville • *South Carrollton • Stroud • Union Ridge • Weir • Wells
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Muhlenberg County.
Muhlenberg County is located in the western part of the great state of Kentucky. The county was founded in 1798 and was named in honor of General Peter Muhlenberg, a distinguished military leader, and clergyman during the American Revolutionary War. The county seat is Greenville.
The region was historically known for its lush forests and rich coal mines, which contributed significantly to the area's development and economy. The rural county developed primarily around agriculture, timber, and coal mining. In the 19th and 20th centuries, the coal industry was especially booming, with numerous mines operating throughout Muhlenberg County.
One fun fact about Muhlenberg County is that it is well-known for its musical heritage. The county is considered the birthplace of the "thumbpicking" style of guitar playing, which was popularized by local musicians such as Mose Rager and the "Father of Bluegrass," Bill Monroe. The county celebrates this unique musical legacy with the annual Thumbpicking Weekend event held at the Merle Travis Music Center, featuring concerts, workshops, and competitions.