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Cost of Living in Knox County, KY

Population 29,865 · Census ACS 2020–2024 5-year estimates

Median rent$681
Median home value$118,700
Median household income$32,527

The median rent in Knox County, KY is $681/month, 30% lower than the Kentucky median and 52% lower than the U.S. median. The median home value is $118,700, 64% lower than the national median. Households earn a median of $32,527 a year, 49% lower than the state median.

Affordability

Rent as a share of median income: 25.1%
Income needed for median rent (30% rule): $27,240/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $600/mo

Run your own numbers: mortgage calculator · hourly to salary

Knox County vs. Kentucky vs. U.S.

Knox CountyKentuckyU.S.
Median rent$681$967$1,413
Median home value$118,700$205,600$332,700
Median household income$32,527$63,726$80,734
Homeownership rate65.3%68.3%65.2%
Bachelor's degree or higher13.6%27.6%35.7%
Poverty rate36.9%16.1%12.5%
Unemployment rate8.1%4.9%5.2%
Work from home8.8%10.2%15.1%
Median age39.739.138.9

FAQ

What is the average rent in Knox County, KY?

The median gross rent in Knox County, KY is $681 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $27,240 a year in gross income.

Is Knox County, KY expensive to live in?

Rent there is 52% lower than the U.S. median, and the median home costs about 3.6 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

Claiborne Parish, LARent $674 · Income $32,831Noxubee County, MSRent $677 · Income $33,833Marlboro County, SCRent $689 · Income $34,301McDowell County, WVRent $643 · Income $31,559Leflore County, MSRent $689 · Income $35,277Marion County, SCRent $669 · Income $36,301

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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