Madisonville, KY Homes For Rent

Homes for Rent in Madisonville, KY: What You Need to Know

Madisonville, the seat of Hopkins County, is arguably the Best Town on Earth. Locals and visitors alike can attest that the city located in western Kentucky strives hard to always live up to its nickname.

Job Opportunities

Madisonville has traditionally served as a coal-mining center and tobacco market, but it has diversified its economy since the 1960s. Today, the local economy is based on varied industries, from manufacturers of aircraft engines and automotive components to distributors of apparel and restaurant supplies. It also has thriving small farms and businesses related to agriculture. Top employers in Madisonville and Hopkins County include Carhartt (clothing manufacturer), Baptist Health Hospital, Alliance Resource (mining company), Crothall Healthcare (catering and food services) and Morrison Healthcare (food and nutrition services).

Weather and Climate 

Although Kentucky is outside Tornado Alley, the occurrence of twisters has increased in the region. On Nov. 15, 2005, an F4 tornado hit Madisonville and Hopkins County with winds of over 200 miles per hour. It was the strongest tornado to hit the U.S. that year. It caused $31 million in damages and dozens of injuries. No deaths were reported.

Cost of Living

If your wish list includes “charming small town” and “affordability,” you can check both items if you move to Madisonville. The city’s cost of living rate, food, and housing costs are 13.3%, 28.3%, and 29.9% lower than the national average respectively. The median gross rent is $688. Kentucky charges a flat income tax rate of 5% and a sales tax of 6%. The Bluegrass State is one of only six states in the U.S. to levy an inheritance tax.

Know Your Neighborhoods

Madisonville is home to 19,138 people. Residents love their hometown for its welcoming and safe community, quaint beauty, and excellent amenities, including more than a dozen parks and recreational facilities. The city has good public schools, although the schools in neighboring Nebo and Hanson have higher rankings. Don’t expect a bustling social and nightlife in this quiet city. At least, Hopkinsville (twice Madisonville’s size) is within commuting distance.

Schools and Higher Education

The city has two public community colleges – Madisonville Community College and Daymar College Madisonville. There are 53 other colleges and universities within 100 miles of the city. Madisonville’s 14 public schools boast an average math proficiency score of 51%, higher than the Kentucky public school average of 47% and a reading proficiency score of 59% versus the 56% statewide average. The schools have a total enrolment of 4,613 students.