Cost of Living in Allen County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Allen County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Allen County ranks #1,105 of 3,142 counties for affordability (top 35%)
Sourced county brief
Allen County Median Home Value Estimated at $192,300
The median home value in Allen County is $192,300, which is $31,465 above the Kentucky unweighted county mean of $160,835. Median gross rent in the county was estimated at $844 per month, exceeding the state unweighted county mean of $793 by $51. According to official ACS B25071 data, the median gross rent as a percentage of household income is 27.6%. This official GRAPI figure is 0.4 percentage points higher than the state unweighted county mean of 27.2%. Selected monthly owner costs for all owner-occupied households are $708, while the state unweighted county mean for this metric is $753. The median income for renter households was recorded at $33,966. These data points from the American Community Survey 5-Year estimates represent a point-in-time analysis of the county's housing costs and income levels. See ACS table B25077 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Allen County
Affordability Verdict
ACS B25071 estimates median gross rent at 27.6% of renter household income in Allen County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $844 per month; median selected monthly owner costs are $708. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $33,760 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Kentucky unweighted mean of county median rents is $793 per month. Allen County's $844 median is 6.4% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Allen County
Rent Burden
16.5%
of gross income
Max Housing (28% Rule)
$1,433
per month
Owner Cost Burden
13.8%
of gross income
The median home in Allen County may be a stretch
Median home value is $192,300. Estimated monthly cost: $1,535 vs. your max of $1,433.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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