Cost of Living in Clark 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 Clark County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Clark County ranks #2,138 of 3,142 counties for affordability (bottom 32%)
Sourced county brief
Clark County Median Home Value Reaches $205,800 in ACS Estimates
In Clark County, Kentucky, the median home value was estimated at $205,800, which is above the Kentucky unweighted county mean of $160,835. Median gross rent in the county was $938 per month, compared to the state unweighted county mean of $793. According to official ACS B25071 Gross Rent as a Percentage of Household Income (GRAPI) data, the median rent-to-income percentage was 30.5%. This official GRAPI value differs by 3.3 percentage points from the Kentucky unweighted county mean of 27.2%. For owner-occupied units, the median selected monthly owner cost was $1,062, which is higher than the state unweighted county mean of $753. The median renter-household income was recorded at $37,416. 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: Clark County
Affordability Verdict
ACS B25071 estimates median gross rent at 30.5% of renter household income in Clark County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $938 per month; median selected monthly owner costs are $1,062. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $37,520 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. Clark County's $938 median is 18.2% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Clark County
Rent Burden
17.5%
of gross income
Max Housing (28% Rule)
$1,501
per month
Owner Cost Burden
19.8%
of gross income
The median home in Clark County may be a stretch
Median home value is $205,800. Estimated monthly cost: $1,643 vs. your max of $1,501.
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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