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Cost of Living in Grayson County, KY

Population 26,707 · Census ACS 2020–2024 5-year estimates

Median rent$658
Median home value$164,600
Median household income$50,757

The median rent in Grayson County, KY is $658/month, 32% lower than the Kentucky median and 53% lower than the U.S. median. The median home value is $164,600, 51% lower than the national median. Households earn a median of $50,757 a year, 20% lower than the state median.

Affordability

Rent as a share of median income: 15.6%
Income needed for median rent (30% rule): $26,320/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $832/mo

Run your own numbers: mortgage calculator · hourly to salary

Grayson County vs. Kentucky vs. U.S.

Grayson CountyKentuckyU.S.
Median rent$658$967$1,413
Median home value$164,600$205,600$332,700
Median household income$50,757$63,726$80,734
Homeownership rate74.6%68.3%65.2%
Bachelor's degree or higher16.1%27.6%35.7%
Poverty rate20.1%16.1%12.5%
Unemployment rate6.6%4.9%5.2%
Work from home6.6%10.2%15.1%
Median age40.539.138.9

FAQ

What is the average rent in Grayson County, KY?

The median gross rent in Grayson County, KY is $658 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $26,320 a year in gross income.

Is Grayson County, KY expensive to live in?

Rent there is 53% lower than the U.S. median, and the median home costs about 3.2 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

Hughes County, OKRent $660 · Income $51,581Russell County, VARent $653 · Income $50,012Texas County, MORent $665 · Income $50,036Randolph County, ARRent $674 · Income $50,911Newton County, MSRent $638 · Income $50,540Fayette County, ALRent $667 · Income $49,488

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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