Cost of Living in Meade County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Meade County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Meade County, Kentucky
Meade County rents strain household budgets
Meade County's rent-to-income ratio of 16.7% sits just below Kentucky's state average of 17.0% but significantly exceeds the national norm. Renters here pay $976 monthly on a median household income of $70,163, placing housing costs well above the affordable threshold.
Middle of the Kentucky pack
Meade County's 16.7% rent-to-income ratio places it near the state average of 17.0%, making it a middle-tier option for housing affordability in Kentucky. Neither a bargain nor particularly expensive, Meade reflects statewide cost pressures.
Costlier rents than nearby counties
Meade's $976 monthly rent is the highest among its regional neighbors—nearly 60% above McLean County's $602 and well above Menifee County's $634. This rent premium reflects higher housing demand and values in Meade, where the median home price reaches $195,000.
Housing costs: rent vs. ownership
Renters in Meade County spend $976 monthly (16.7% of income), while homeowners face an $893 monthly cost with a median home value of $195,000. Housing consumes a notably larger share of household budgets here compared to more affordable counties in the region.
Budget carefully in Meade County
Meade County's housing costs run near the state average, making it a reasonable option for those with steady incomes but not ideal for budget-conscious relocators. Compare rent and home prices carefully against nearby McLean or Menifee before committing to a move.
Affordability Calculator
See how your income compares to housing costs in Meade County
Rent Burden
16.7%
of gross income
Max Housing (28% Rule)
$1,637
per month
Owner Cost Burden
15.3%
of gross income
You can likely afford the median home in Meade County
Median home value is $195,000. Estimated monthly cost: $1,557 vs. your max of $1,637.
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.