Cost of Living in Wolfe County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Wolfe County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Wolfe County, Kentucky
Wolfe County: the state's poorest match
Wolfe County's rent-to-income ratio of 20.9% represents one of the nation's worst housing affordability scenarios, driven by an exceptionally low median household income of $29,052. At $507 monthly rent, even modest housing costs consume over one-fifth of residents' limited earnings.
Kentucky's most challenged county
Wolfe County's 20.9% rent-to-income ratio ranks among the absolute worst in Kentucky, far exceeding the state average of 17.0%. The county faces a fundamental economic challenge: extremely limited household incomes make even affordable rents feel burdensome.
The region's deepest crisis
Wolfe County's $29,052 median income stands dramatically below neighboring counties—less than half of Union ($60,989) or Warren ($64,801). Its 20.9% rent burden edges out even Whitley (20.7%), making it the most strained housing market in the region.
20.9% of minimal income to shelter
Wolfe County residents spend approximately $507 monthly—20.9% of a median household income of just $29,052—on rent, leaving only $1,897 for all other expenses. Homeowners pay $391 monthly on properties valued near $66,400, Kentucky's lowest median home price, yet this represents a heavy burden on minimal incomes.
Reconsider unless work brings you
Wolfe County's 20.9% rent burden reflects deeper economic challenges rooted in limited job opportunities and minimal wages across the county. Only relocate here if you've secured employment that significantly exceeds the county median income—otherwise, the housing burden will prove unsustainable.
Affordability Calculator
See how your income compares to housing costs in Wolfe County
Rent Burden
20.9%
of gross income
Max Housing (28% Rule)
$678
per month
Owner Cost Burden
16.2%
of gross income
You can likely afford the median home in Wolfe County
Median home value is $66,400. Estimated monthly cost: $530 vs. your max of $678.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Wolfe County, Kentucky?
What is the median rent in Wolfe County?
Is Wolfe County affordable?
How does Wolfe County's rent compare to the state average?
What is the median home value in Wolfe County?
Planning a Move?
Researching the cost of living in Wolfe County, Kentucky? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCounties with Similar Housing Costs
Compare Mortgage Rates in Wolfe County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.