Three Bedroom Kentucky Home on 6 Acres Under $140K

Three Bedroom Kentucky Home on 6 Acres. Cute brick ranch home on some acreage.

1457 State Highway 343, McRoberts, KY 41835    $139,900

• Contact Realtor: Stephanie Watko
• Google Map
• Niche

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Pros of Living in McRoberts, KY

1. Exceptionally Low Cost of Living

• McRoberts’s cost of living is about 27–29% below the U.S. average and 14–19% below the Kentucky average, making it one of the more affordable places to live in the state.

• Housing is particularly inexpensive:

  • Median home value ranges from $56,800 to $76,300, significantly under national and state averages.

  • Rent for a two-bedroom is around $670–$809/month.

2. Historic Architecture & Rural Charm

• McRoberts features a notable stock of pre–World War II architecture, lending the town a unique historic character.

• It offers a quiet, rural atmosphere where most residents own their homes and community ties run deep.

3. Telecommuting & Professional Presence

• Despite its rural setting, McRoberts has a surprisingly white-collar workforce—many residents work in healthcare and administrative roles.

• About 12.5% of workers telecommute, a relatively high rate in the region.

4. Reasonably Low Crime for Rural Standards

• While crime rates slightly exceed the national average—overall only 2% higher—violent crime is 17% below average, and crime has decreased by 18% year-over-year.

• NeighborhoodScout even labeled McRoberts as one of the safest places, with notably low crime rates.

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Cons of Living in McRoberts, KY

1. Economic Hardship & Poverty

• Median household income is extremely low—between $18,333 and $30,086—and 33–47% of the population lives below the poverty line.

• Per capita income hovers around $10,531, and child poverty rates are especially high.

• McRoberts, situated in a region historically tied to the coal industry, is affected by broader economic decline and limited local opportunities.

2. Limited Amenities & Infrastructure

• The town lacks basic amenities within walking distance—residents mostly rely on cars for everything.

• Public transit is effectively nonexistent, so long commutes by car are the norm.

3. Long Commutes & Transportation Challenges

• The average one-way commute is around 27 to 37 minutes, even though most jobs are outside town

• With 94% of residents driving alone, transportation costs, including fuel and car maintenance, represent a significant financial burden.

4. Underperforming Schools & Limited Educational Resources

• Public school performance is likely low, though specific test scores aren’t reported. AreaVibes flags “poor schools” as a concern.

• McRoberts is served by the Letcher County Public Schools, but rural school resources are often stretched thin.

5. Population Decline & Isolation

• The population has declined sharply—from 784 in 2010 to 741 in 2020, and just 303 in 2023.

• This shrinkage contributes to social and economic isolation, reduced services, and limited community vitality.

6. Low Diversity

• McRoberts is almost entirely White (100%), with no reported racial or ethnic diversity.

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