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Cost of Living in Marshall County, KY

Population 31,743 · Census ACS 2020–2024 5-year estimates

Median rent$798
Median home value$173,800
Median household income$65,831

The median rent in Marshall County, KY is $798/month, 17% lower than the Kentucky median and 44% lower than the U.S. median. The median home value is $173,800, 48% lower than the national median. Households earn a median of $65,831 a year, 3% higher than the state median.

Affordability

Rent as a share of median income: 14.5%
Income needed for median rent (30% rule): $31,920/yr
Home price-to-income ratio: 2.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $879/mo

Run your own numbers: mortgage calculator · hourly to salary

Marshall County vs. Kentucky vs. U.S.

Marshall CountyKentuckyU.S.
Median rent$798$967$1,413
Median home value$173,800$205,600$332,700
Median household income$65,831$63,726$80,734
Homeownership rate81.6%68.3%65.2%
Bachelor's degree or higher21.2%27.6%35.7%
Poverty rate12.3%16.1%12.5%
Unemployment rate4.5%4.9%5.2%
Work from home7.9%10.2%15.1%
Median age45.139.138.9

FAQ

What is the average rent in Marshall County, KY?

The median gross rent in Marshall County, KY is $798 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $31,920 a year in gross income.

Is Marshall County, KY expensive to live in?

Rent there is 44% lower than the U.S. median, and the median home costs about 2.6 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

Marquette County, WIRent $800 · Income $65,681Iroquois County, ILRent $799 · Income $66,255Dickinson County, MIRent $797 · Income $65,156Giles County, VARent $789 · Income $65,691Fulton County, PARent $809 · Income $65,836Hardin County, IARent $795 · Income $65,069

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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