Cost of Living in Greenup County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Greenup County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Greenup County ranks #691 of 3,144 counties for affordability (top 22%)
Data Story
About Cost of Living in Greenup County, Kentucky
Greenup County balances rent and income
Greenup County renters spend 16.8% of income on housing, sitting comfortably below national norms while earning a median of $59,613—stronger than peers like Graves and Grayson. At $836 monthly rent, the county offers reasonable affordability on mid-range wages.
Slightly below Kentucky average
Greenup County's 16.8% rent-to-income ratio edges below Kentucky's 17.0% state average, landing it in the affordability-friendly half of the state's counties. The median rent of $836 exceeds the state average of $771, but local incomes support the higher price.
Mid-tier pricing, solid wages
Greenup County's $836 rent ranks in the middle of this regional cluster, below Hardin County ($947) but above most others, while its $59,613 median income outpaces Graves, Grayson, and Green counties. The county offers balanced housing and earning power.
Sustainable housing costs
Renters pay $836 monthly while homeowners carry $690 against a median household income of $59,613. Housing consumes roughly 17% for renters and 14% for owners—both within manageable ranges for household budgets.
Solid middle ground for relocation
Greenup County combines moderate rents with above-average local incomes for this dataset, offering genuine balance without extreme trade-offs. If you're seeking a Kentucky county with reasonable housing costs and decent earning potential, Greenup merits serious consideration.
Cost of Living Advisory: Greenup County
Affordability Verdict
Greenup County is affordable for renters, with a median gross rent of $836/month representing approximately 16.8% of median household income. The rent burden (GRAPI) stands at 25.0%.
Rent vs. Own
Renters in Greenup County pay $836/month on average, compared to $690/month for homeowners. This market favors buyers by about 17%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,440/year. For owner costs at the 28% rule, the required income is roughly $29,571/year. With a median household income of $59,613, most households can comfortably afford rent here. Notably, 25.0% of renter households in Greenup County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Kentucky, Greenup County is more affordable than Barren County by roughly 7% ($836/mo vs $784/mo).
Affordability Calculator
See how your income compares to housing costs in Greenup County
Rent Burden
16.8%
of gross income
Max Housing (28% Rule)
$1,391
per month
Owner Cost Burden
13.9%
of gross income
You can likely afford the median home in Greenup County
Median home value is $135,300. Estimated monthly cost: $1,080 vs. your max of $1,391.
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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