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Cost of Living in Taylor County, KY

Population 26,397 · Census ACS 2020–2024 5-year estimates

Median rent$718
Median home value$174,200
Median household income$60,456

The median rent in Taylor County, KY is $718/month, 26% lower than the Kentucky median and 49% lower than the U.S. median. The median home value is $174,200, 48% lower than the national median. Households earn a median of $60,456 a year, 5% lower than the state median.

Affordability

Rent as a share of median income: 14.3%
Income needed for median rent (30% rule): $28,720/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $881/mo

Run your own numbers: mortgage calculator · hourly to salary

Taylor County vs. Kentucky vs. U.S.

Taylor CountyKentuckyU.S.
Median rent$718$967$1,413
Median home value$174,200$205,600$332,700
Median household income$60,456$63,726$80,734
Homeownership rate68.8%68.3%65.2%
Bachelor's degree or higher23.0%27.6%35.7%
Poverty rate17.5%16.1%12.5%
Unemployment rate5.1%4.9%5.2%
Work from home9.8%10.2%15.1%
Median age37.839.138.9

FAQ

What is the average rent in Taylor County, KY?

The median gross rent in Taylor County, KY is $718 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $28,720 a year in gross income.

Is Taylor County, KY expensive to live in?

Rent there is 49% lower than the U.S. median, and the median home costs about 2.9 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

Allen County, KSRent $720 · Income $60,689Randolph County, INRent $723 · Income $60,791Sawyer County, WIRent $712 · Income $60,801Ramsey County, NDRent $714 · Income $61,006Caswell County, NCRent $727 · Income $59,755Clay County, ILRent $735 · Income $60,417

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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