Cost of Living in Carroll 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 Carroll County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Carroll County ranks #1,317 of 3,142 counties for affordability (top 42%)
Sourced county brief
Carroll County Median Gross Rent Reaches $910 Monthly
In Carroll County, the median gross rent is $910 per month, which is $117 above the Kentucky unweighted county mean of $793. The official median gross rent as a percentage of household income (GRAPI) was estimated at 25.4% for the 2020-2024 period. This official B25071 metric is 1.8 percentage points lower than the Kentucky unweighted county mean of 27.2%. The median income for renter-occupied households was recorded at $42,457. Among homeowners, the median selected monthly owner costs are $686, compared to the unweighted state county mean of $753. The median home value in the county was estimated at $140,900, while the state unweighted county mean stands at $160,835. These data are part of the ACS 5-Year Estimates snapshot for Carroll County. See ACS table B25071 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: Carroll County
Affordability Verdict
ACS B25071 estimates median gross rent at 25.4% of renter household income in Carroll 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 $910 per month; median selected monthly owner costs are $686. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $36,400 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. Carroll County's $910 median is 14.7% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Carroll County
Rent Burden
19.3%
of gross income
Max Housing (28% Rule)
$1,318
per month
Owner Cost Burden
14.6%
of gross income
You can likely afford the median home in Carroll County
Median home value is $140,900. Estimated monthly cost: $1,125 vs. your max of $1,318.
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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