Cost of Living in Grant County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Grant County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Grant County, Kentucky
Grant County's affordable rents
Renters in Grant County spend 15.1% of their income on housing, well below the national average of roughly 28-30%. At $855 monthly rent against a median household income of $67,940, the county offers better affordability than most American communities.
Better than Kentucky average
Grant County's 15.1% rent-to-income ratio beats Kentucky's state average of 17.0%, positioning it in the more affordable half of the state's counties. The median rent of $855 exceeds the state average of $771, but local incomes are higher, creating better overall affordability.
Competitive with surrounding counties
Grant County's rents ($855) run higher than Hancock County ($752) but comparable to Hardin County ($947), while its rent-to-income ratio of 15.1% matches or beats most peers. Among its region, Grant offers middle-ground pricing with solid income levels.
Housing costs in Grant County
Renters pay $855 monthly while homeowners carry $750 in monthly costs against a median home value of $185,500. The typical household earning $67,940 annually dedicates roughly 15% to rent or 13% to mortgage payments, leaving room for other essentials.
Consider Grant for relocation
If you're weighing Kentucky options, Grant County delivers solid affordability without sacrificing income potential—median earnings top state peers like Graves and Grayson. Compare these numbers with your own situation to see if Grant's balance of reasonable housing costs and decent wages fits your move.
Affordability Calculator
See how your income compares to housing costs in Grant County
Rent Burden
15.1%
of gross income
Max Housing (28% Rule)
$1,585
per month
Owner Cost Burden
13.2%
of gross income
You can likely afford the median home in Grant County
Median home value is $185,500. Estimated monthly cost: $1,481 vs. your max of $1,585.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.