Cost of Living in Menifee County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Menifee County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Menifee County ranks #99 of 3,144 counties for affordability (top 3%)
Data Story
About Cost of Living in Menifee County, Kentucky
Menifee County faces affordability challenges
Menifee County's rent-to-income ratio of 17.0% matches Kentucky's state average exactly but reflects deeper challenges: the median household income here is just $44,672—38% below the national median of $74,755. Renters pay $634 monthly, which is manageable in isolation but stretches tighter incomes.
Lowest incomes, average rents
Menifee County sits at the state's 17.0% rent-to-income average, but its median household income of $44,672 is among Kentucky's lowest. This combination means housing costs consume roughly the same share of income as elsewhere in the state, but on much smaller paychecks.
Cheap rents, lower incomes
Menifee's $634 rent is lower than Meade County's $976 and comparable to McLean's $602, yet Menifee's median income of $44,672 is notably lower than both neighbors. This income gap makes affordability ratios less meaningful—residents here earn less even as housing costs remain modest.
Housing costs: rent vs. ownership
Renters in Menifee pay $634 monthly (17.0% of income), while homeowners spend $464 monthly with a median home value of just $111,500. Ownership is more affordable here than renting, and home prices reflect the county's economic challenges and lower demand.
Menifee works if jobs are secure
Menifee offers the region's cheapest housing, but consider the trade-off: median incomes lag significantly behind neighboring counties, suggesting limited job opportunities. If you're relocating with secure remote work or a job lined up, Menifee's low costs make it attractive; otherwise, explore counties with stronger employment prospects.
Cost of Living Advisory: Menifee County
Affordability Verdict
Menifee County is affordable for renters, with a median gross rent of $634/month representing approximately 17.0% of median household income. The rent burden (GRAPI) stands at 28.0%.
Rent vs. Own
Renters in Menifee County pay $634/month on average, compared to $464/month for homeowners. This market favors buyers by about 27%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $25,360/year. For owner costs at the 28% rule, the required income is roughly $19,886/year. With a median household income of $44,672, most households can comfortably afford rent here. Notably, 28.0% of renter households in Menifee County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Butler County where rent averages $688/month, Menifee County is approximately 8% less expensive.
Affordability Calculator
See how your income compares to housing costs in Menifee County
Rent Burden
17.0%
of gross income
Max Housing (28% Rule)
$1,042
per month
Owner Cost Burden
12.5%
of gross income
You can likely afford the median home in Menifee County
Median home value is $111,500. Estimated monthly cost: $890 vs. your max of $1,042.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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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.
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