CostBy County

Cost of Living in Hopkins County, Kentucky

$837/mo
Median Monthly Rent
$142,800
Median Home Value

At a Glance

Median Monthly Rent
$837/mo
6% above state average
Median Home Value
$142,800
57% below national
Census GRAPI
28.8%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Hopkins County Compares

Median monthly rent comparison

Hopkins County$837/mo
Kentucky Average$793/mo
National Median$1,413/mo

Detailed Housing Stats

$837/mo
Median Gross Rent
$142,800
Median Home Value
$701/mo
Monthly Owner Cost
28.8%
Census GRAPI

National Ranking

Affordability Rank

Hopkins County ranks #1,050 of 3,142 counties for affordability (top 33%)

Most AffordableLeast Affordable

Sourced county brief

Hopkins County Median Gross Rent Reaches $837 Per Month

The median gross rent in Hopkins County, Kentucky, was estimated at $837 per month, which is $44 higher than the Kentucky unweighted county mean of $793. According to the official ACS B25071 estimate, the median gross rent as a percentage of household income in the county is 28.8%. This rent-to-income percentage is 1.6 percentage points above the Kentucky unweighted county mean of 27.2%. For owner-occupied units, the median monthly owner cost is $701, while the Kentucky unweighted county mean is $753. The median home value in the county is $142,800, which is $18,035 below the state unweighted county mean of $160,835. The median renter-household income in Hopkins County is $34,541. These figures are provided as snapshots from the U.S. Census Bureau ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Hopkins County

Affordability Verdict

ACS B25071 estimates median gross rent at 28.8% of renter household income in Hopkins County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $837 per month; median selected monthly owner costs are $701. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $33,480 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Kentucky unweighted mean of county median rents is $793 per month. Hopkins County's $837 median is 5.5% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Hopkins County

$

Rent Burden

17.7%

of gross income

Max Housing (28% Rule)

$1,326

per month

Owner Cost Burden

14.8%

of gross income

You can likely afford the median home in Hopkins County

Median home value is $142,800. Estimated monthly cost: $1,140 vs. your max of $1,326.

Rent Affordability Guide

Your entered rent as a share of entered income17.7%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,815Needed: $33,480
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,815Needed: $30,043
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,815Needed: $33,233

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

What is the cost of living in Hopkins County, Kentucky?
Hopkins County, Kentucky has a median monthly rent of $837/mo and a median home value of $142,800. The affordability rating is Affordable, with median gross rent equal to approximately 28.8% of renter household income.
What is the median rent in Hopkins County?
The median gross rent in Hopkins County is $837/mo. This is 6% above state average for Kentucky.
Is Hopkins County affordable?
Hopkins County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.8%. Median gross rent is under 30% of renter household income.
How does Hopkins County's rent compare to the state average?
Hopkins County's median rent of $837/mo is 6% above state average of $793/mo for Kentucky.
What is the median home value in Hopkins County?
The median home value in Hopkins County, Kentucky is $142,800. This is 57% below the national median home value of $332,700.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Hopkins County, Kentucky? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Hopkins County

Whether you're buying in Hopkins County, Kentucky, or refinancing, compare rates from top lenders using the terms each lender provides.

See Today's Rates
Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.