Cost of Living in Lyon County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Lyon County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Lyon County, Kentucky
Lyon County balances higher homes and wages
Lyon County's rent-to-income ratio of 15.1% sits well below national affordability stress levels, with renters spending a manageable share of income on housing. The county's median household income of $64,464 is the region's highest and 14% below the national median, yet housing remains proportionally affordable.
Strong affordability with above-average income
Lyon County's 15.1% rent-to-income ratio beats Kentucky's state average of 17.0%, placing it among the state's most affordable counties. With median household income of $64,464—among the highest in rural Kentucky—residents enjoy both strong earnings and reasonable housing costs.
Highest incomes, highest home values
Lyon County's $809 median rent is mid-range regionally, but its $64,464 median household income is the cluster's highest, delivering excellent affordability. The county's $183,600 median home value is also the highest here, reflecting a stronger overall economic profile.
Premium homes command proportional owner costs
Renters pay $809 monthly while homeowners spend $762, making ownership competitive with renting despite the county's premium home values of $183,600. With median household income of $64,464, housing consumes only 15.1% of renter income and roughly 14% for owners—the region's best balance.
Lyon County: best overall housing value proposition
Lyon County offers the region's strongest income-to-housing balance, with the highest median incomes and excellent affordability ratios for both renters and buyers. If you seek higher-quality homes in a stable economic environment, Lyon County's $183,600 median home value delivers genuine regional value.
Affordability Calculator
See how your income compares to housing costs in Lyon County
Rent Burden
15.1%
of gross income
Max Housing (28% Rule)
$1,504
per month
Owner Cost Burden
14.2%
of gross income
You can likely afford the median home in Lyon County
Median home value is $183,600. Estimated monthly cost: $1,466 vs. your max of $1,504.
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.