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Cost of Living in Floyd County, KY

Population 35,224 · Census ACS 2020–2024 5-year estimates

Median rent$672
Median home value$98,700
Median household income$41,279

The median rent in Floyd County, KY is $672/month, 31% lower than the Kentucky median and 52% lower than the U.S. median. The median home value is $98,700, 70% lower than the national median. Households earn a median of $41,279 a year, 35% lower than the state median.

Affordability

Rent as a share of median income: 19.5%
Income needed for median rent (30% rule): $26,880/yr
Home price-to-income ratio: 2.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $499/mo

Run your own numbers: mortgage calculator · hourly to salary

Floyd County vs. Kentucky vs. U.S.

Floyd CountyKentuckyU.S.
Median rent$672$967$1,413
Median home value$98,700$205,600$332,700
Median household income$41,279$63,726$80,734
Homeownership rate72.2%68.3%65.2%
Bachelor's degree or higher15.3%27.6%35.7%
Poverty rate28.0%16.1%12.5%
Unemployment rate7.7%4.9%5.2%
Work from home3.2%10.2%15.1%
Median age42.839.138.9

FAQ

What is the average rent in Floyd County, KY?

The median gross rent in Floyd County, KY is $672 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Floyd County, KY?

Using the common 30% rule, renting a median-priced home takes about $26,880 a year in gross income.

Is Floyd County, KY expensive to live in?

Rent there is 52% lower than the U.S. median, and the median home costs about 2.4 times the median household income.

Other counties in Kentucky

Jefferson County, KYRent $1,149 · Income $69,866Fayette County, KYRent $1,164 · Income $69,479Kenton County, KYRent $1,069 · Income $80,548Warren County, KYRent $1,002 · Income $65,794Boone County, KYRent $1,373 · Income $99,414Hardin County, KYRent $971 · Income $67,647

Counties with a similar cost of living

Evangeline Parish, LARent $681 · Income $41,915Bradley County, ARRent $689 · Income $41,476Macon County, GARent $655 · Income $41,031Monroe County, ALRent $666 · Income $42,292Ben Hill County, GARent $688 · Income $41,758Apache County, AZRent $647 · Income $41,438

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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