Cost of Living in Henderson County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Henderson County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Henderson County, Kentucky
Henderson County slightly outpaces state average
Renters in Henderson County spend 16.4% of their income on housing, slightly better than Kentucky's 17.0% state average and closer to the national affordability benchmark. Median rent of $794 runs above the state average of $771, but median household income of $58,239 provides some cushion, though it remains 22% below the national figure.
Competitive affordability across Kentucky
Henderson County ranks in the upper half of Kentucky counties for housing affordability, with a rent-to-income ratio just shy of the state mean. This moderate performance reflects balanced conditions—neither particularly tight nor unusually loose.
Mid-range costs in the eight-county set
Henderson County's $794 rent sits between Harrison County ($755) and Henry County ($871), while its median home value of $165,700 falls below Harrison but above Hart and Jackson. For renters, Henderson offers moderate pricing; for homebuyers, it's mid-tier.
Renters feel more pressure than owners
Renters pay $794 monthly while homeowners pay $876, a gap reflecting current market dynamics in Henderson. On a $58,239 income, renters spend 16.4% on housing versus homeowners at roughly 18%, suggesting renting may be the better value here.
Henderson offers balanced regional choice
Henderson County works well for households earning $58,000 to $65,000 and comfortable with modest housing-to-income ratios. Compare it against Harrison (cheaper, similar income) and Henry (pricier, similar income) to find your best fit.
Affordability Calculator
See how your income compares to housing costs in Henderson County
Rent Burden
16.4%
of gross income
Max Housing (28% Rule)
$1,359
per month
Owner Cost Burden
18.0%
of gross income
You can likely afford the median home in Henderson County
Median home value is $165,700. Estimated monthly cost: $1,323 vs. your max of $1,359.
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.