Cost of Living in Mason County, Kentucky

$724/mo
Median Monthly Rent
$157,500
Median Home Value
6% below state averageUnaffordable

At a Glance

Median Monthly Rent
$724/mo
6% below state average
Median Home Value
$157,500
44% below national
Rent-to-Income Ratio
24.0%
% of income spent on rent

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

Affordability Rating
Unaffordable
Rent over 50% of income

How Mason County Compares

Median monthly rent comparison

Mason County$724/mo
Kentucky Average$771/mo
National Median$1,163/mo

Detailed Housing Stats

$724/mo
Median Gross Rent
$157,500
Median Home Value
$712/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Mason County, Kentucky

Mason matches Kentucky's housing burden

Mason County residents spend 16.9% of income on rent, matching nearly exactly Kentucky's 17.0% state average while earning $51,473—well below the national median of $74,755. This alignment suggests Mason follows typical state housing pressures.

Square with Kentucky's average

Mason County's 16.9% rent-to-income ratio sits virtually at Kentucky's 17.0% state average, placing it in the middle tier of county affordability. The $724 median rent slightly exceeds Kentucky's $771 median, offset by below-average household income.

Mid-range costs, mid-range income

Mason's $51,473 median income ranks lower than Marshall ($63,611) or Madison ($62,407) but exceeds Martin ($46,185) and Magoffin ($33,632). The $724 rent reflects this middle position within the region.

Rent and ownership near parity

Mason renters spend $724 monthly (16.9% of income) while owners pay $712, both amounts consuming similar budget shares from the $51,473 median household income. The median home value of $157,500 requires meaningful savings but remains within reach for working families.

Mason offers typical Kentucky value

Mason provides a straightforward regional option without extreme affordability or cost premiums, but also without standout advantages over Marion or Marshall. If you're scanning the region, Marion ($731 rent, 15.8% ratio) edges Mason on pure affordability metrics.

Affordability Calculator

See how your income compares to housing costs in Mason County

$

Rent Burden

16.9%

of gross income

Max Housing (28% Rule)

$1,201

per month

Owner Cost Burden

16.6%

of gross income

The median home in Mason County may be a stretch

Median home value is $157,500. Estimated monthly cost: $1,257 vs. your max of $1,201.

Rent Affordability Guide

Your rent-to-income ratio16.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Mason County, Kentucky?
Mason County, Kentucky has a median monthly rent of $724/mo and a median home value of $157,500. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Mason County?
The median gross rent in Mason County is $724/mo. This is 6% below state average for Kentucky.
Is Mason County affordable?
Mason County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Mason County's rent compare to the state average?
Mason County's median rent of $724/mo is 6% below state average of $771/mo for Kentucky.
What is the median home value in Mason County?
The median home value in Mason County, Kentucky is $157,500. This is 44% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.