Cost of Living in Hickman County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Hickman County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Hickman County, Kentucky
Hickman County shows strong affordability advantage
Renters in Hickman County spend just 13.5% of income on housing—one of the best rates among these eight counties and well below Kentucky's 17.0% state average. Median rent of $717 runs low while median household income of $63,750 provides solid support, positioning Hickman as genuinely affordable.
Among Kentucky's most affordable options
Hickman County's 13.5% rent-to-income ratio ranks it in the top 20% of Kentucky counties for housing affordability. Few counties in the state offer this combination of reasonable rents and stable incomes.
Low rent, lowest home values
Hickman County's $717 rent ties with Jackson County as the lowest in the region, while its $92,300 median home value is the lowest across all eight counties. For renters and first-time homebuyers on tight budgets, Hickman offers real relief.
Minimal housing burden on budgets
Monthly housing costs are $717 for renters and just $585 for homeowners—both remarkably low. On a $63,750 income, this means housing consumes only 13.5% for renters and under 11% for owners, leaving substantial room for savings and other needs.
Hickman delivers genuine affordability
If housing affordability is your priority, Hickman County delivers—low costs without requiring a move to an economically struggling area. Your $63,750 income goes further here than in nearly any other Kentucky county.
Affordability Calculator
See how your income compares to housing costs in Hickman County
Rent Burden
13.5%
of gross income
Max Housing (28% Rule)
$1,488
per month
Owner Cost Burden
11.0%
of gross income
You can likely afford the median home in Hickman County
Median home value is $92,300. Estimated monthly cost: $737 vs. your max of $1,488.
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.