Cost of Living in Green County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Green County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Green County ranks #115 of 3,144 counties for affordability (top 4%)
Data Story
About Cost of Living in Green County, Kentucky
Green County affordability strains
Green County renters spend 17.9% of income on housing, creeping above Kentucky's state average and pointing to tighter budgets despite low absolute rents of $612. Against a median household income of $41,087—well below the national $74,755—housing pressure is real.
Affordable but income-challenged
Green County's 17.9% rent-to-income ratio exceeds Kentucky's 17.0% average, ranking it among the state's less affordable counties. The $612 median rent is competitive, but the $41,087 median income is the second-lowest in this dataset, explaining the gap.
Cheapest rents, lowest incomes
Green County ties Grayson for the region's lowest rent at $612, yet carries a higher rent-to-income ratio due to earnings trailing most peers. Among these eight counties, Green has both the lowest home values ($118,900) and the second-lowest median income.
Housing costs on tight budgets
Renters allocate $612 monthly while homeowners pay $559 against a median income of just $41,087. Housing claims roughly 18% of earnings for renters, stretching household budgets and leaving less flexibility for emergencies or savings.
For the truly budget-conscious
Green County offers rock-bottom rents and home values, ideal for those with minimal income or seeking maximum housing leverage. However, local wage levels are among the state's lowest, so weigh the savings against potential job market limitations.
Cost of Living Advisory: Green County
Affordability Verdict
Housing in Green County is affordable. The median rent is $612/month against a median household income of $41,087, putting rent at 17.9% of income.
Rent vs. Own
The median rent in Green County is $612/month, while owner costs run $559/month. Owning saves approximately $53/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $24,480/year. For owner costs at the 28% rule, the required income is roughly $23,957/year. With a median household income of $41,087, most households can comfortably afford rent here. Notably, 26.0% of renter households in Green County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Green County sits 8% less expensive than Wayne County ($666/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Green County
Rent Burden
17.9%
of gross income
Max Housing (28% Rule)
$959
per month
Owner Cost Burden
16.3%
of gross income
You can likely afford the median home in Green County
Median home value is $118,900. Estimated monthly cost: $949 vs. your max of $959.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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