HomeKentuckyMadison CountyBerea
Berea, Kentucky: commercial real estate data.
Berea is a Census city of 15,786 people across 16.52 square miles of land, in Madison County. Median household income is $59,495, 58.7 percent of occupied homes are owned, and the SBA record carries 12 7(a) approvals to borrowers here worth $5.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Berea
What Berea is
- Census place typecity
- Land area16.52 sq mi
- Water area0.07 sq mi
- Population per square mile of land956
- County holding the largest share of its areaMadison County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Berea
How many people live in Berea
- Population15,786
- Median age33.2
- Population under 183,444
- Share under 1821.8 percent
- Population 65 and over2,070
- Share 65 and over13.1 percent
- Households5,519
- Family households3,704
- Share of households that are families67.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Berea
Income and work in Berea
- Median household income$59,495
- Per capita income$25,877
- Civilian labor force7,347
- Employed7,039
- Unemployed308 plus or minus 106
- Unemployment rate4.2 percent plus or minus 1.4
- Adults 25 and over9,712
- Adults 25 and over with a high school diploma or higher85.5 percent
- Adults 25 and over with a bachelor degree or higher27.2 percent
- Adults 25 and over with a graduate degree13.0 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Berea
Housing in Berea
- Housing units6,159
- Occupied units5,519
- Vacant units640 plus or minus 202
- Vacancy rate10.4 percent plus or minus 3.2
- Owner occupied3,242
- Renter occupied2,277
- Ownership rate58.7 percent
- Median owner-occupied home value$199,900
- Median gross rent, monthly$835
- Annual rent as a share of median income16.8 percent
- Single family units3,938
- Share single family63.9 percent
- Units in buildings of two or more2,037
- Share in buildings of two or more33.1 percent
- Mobile homes179 plus or minus 92
- Median year structure built1990
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Berea
How Berea gets to work
- Workers 16 and over who commute6,073
- Commuting under 15 minutes2,412
- Share commuting under 15 minutes39.7 percent
- Commuting 30 minutes or more1,696
- Share commuting 30 minutes or more27.9 percent
- Drove alone67.8 percent
- Carpooled11.2 percent plus or minus 3.4
- Public transport0.0 percent
- Walked8.9 percent
- Worked from home10.9 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Berea
SBA loans in Berea (7(a))
- Approvals12
- Gross approval$5,831,000
- Average approval$485,917
- Median approval$170,000
- Largest approval$2,593,000
- Jobs supported97
- Jobs per approval8.1
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises16.7 percent
- Distinct lenders9
- Distinct industries by NAICS10
Counted by borrower city: approvals to borrowers whose address is in Berea, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Berea
Flood risk in Berea
- NFIP communityCity of Berea
- NFIP community number210156
- Participating in the NFIPYes
- Community Rating System classClass 8
- Currently effective map date12/21/17
The City of Berea participates in the National Flood Insurance Program as community 210156 and carries Community Rating System class 8, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Madison County, not Berea
Madison County context, not Berea figures
- Establishments in Madison County1,808
- Covered employment, Madison County36,909
- Average annual pay, Madison County$53,794
- Housing units permitted, Madison County816
Every figure in this section is published for Madison County as a whole and is not a measurement of Berea.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Berea questions, answered from the record.
How many people live in Berea, Kentucky?
15,786, in 5,519 households. Berea city covers 16.52 square miles of land, which is 956 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Berea in?
Madison County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Berea?
$59,495. The median owner-occupied home is valued at $199,900. Median gross rent is $835 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Berea businesses?
12 7(a) approvals totaling $5.8 m since FY2020, across 9 lenders, median approval $170,000. These count approvals to borrowers whose address is in Berea, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Berea borrowers get paid back?
No rate is published for Berea. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Berea in the National Flood Insurance Program?
Yes. Berea appears in the FEMA Community Status Book as Berea, city of, community 210156, carrying Community Rating System class 8, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Berea figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Madison County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Berea.
Is zoning published for Berea?
No. Nothing on this page presents parcel level zoning.