Cost of Living in Whitley County, Kentucky

$720/mo
Median Monthly Rent
$120,600
Median Home Value
7% below state averageUnaffordable

At a Glance

Median Monthly Rent
$720/mo
7% below state average
Median Home Value
$120,600
57% below national
Rent-to-Income Ratio
26.0%
% 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 Whitley County Compares

Median monthly rent comparison

Whitley County$720/mo
Kentucky Average$771/mo
National Median$1,163/mo

Detailed Housing Stats

$720/mo
Median Gross Rent
$120,600
Median Home Value
$539/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Whitley County, Kentucky

Whitley County: affordability crisis looms

Whitley County's rent-to-income ratio of 20.7% far exceeds the national average, signaling a severe affordability squeeze for renters. With median household income of just $41,719 and monthly rent of $720, residents here spend a distressing share of earnings on housing.

Among Kentucky's worst-hit counties

Whitley County's 20.7% rent-to-income ratio ranks among the state's highest, significantly surpassing Kentucky's 17.0% average. The burden reflects a combination of limited local income and housing costs that remain stubbornly high relative to earnings.

Worse off than most peers

Whitley County's 20.7% rent burden exceeds all nearby counties except Wolfe (20.9%), and its $41,719 median income trails neighbors like Union ($60,989) and Warren ($64,801). The dual challenge of low wages and moderate rents creates acute hardship for renters here.

20.7% of minimal income to rent

Whitley County residents allocate roughly $720 monthly—20.7% of a median household income of $41,719—to rent, leaving just $2,640 for all other needs. Homeowners face lower absolute costs at $539 monthly on properties worth around $120,600, though this still represents a substantial claim on limited incomes.

Move only with secure employment

Relocating to Whitley County requires confidence in strong, stable local employment—the county's affordability crisis stems from wage scarcity, not rent. Before moving, secure a job that pays significantly above the county median to avoid the housing burden facing most residents.

Affordability Calculator

See how your income compares to housing costs in Whitley County

$

Rent Burden

20.7%

of gross income

Max Housing (28% Rule)

$973

per month

Owner Cost Burden

15.5%

of gross income

You can likely afford the median home in Whitley County

Median home value is $120,600. Estimated monthly cost: $963 vs. your max of $973.

Rent Affordability Guide

Your rent-to-income ratio20.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Whitley County, Kentucky?
Whitley County, Kentucky has a median monthly rent of $720/mo and a median home value of $120,600. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Whitley County?
The median gross rent in Whitley County is $720/mo. This is 7% below state average for Kentucky.
Is Whitley County affordable?
Whitley County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Whitley County's rent compare to the state average?
Whitley County's median rent of $720/mo is 7% below state average of $771/mo for Kentucky.
What is the median home value in Whitley County?
The median home value in Whitley County, Kentucky is $120,600. This is 57% 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.