Cost of Living in Woodford County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Woodford County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Woodford County ranks #2,449 of 3,142 counties for affordability (bottom 22%)
Sourced county brief
Woodford County Median Gross Rent Reaches $1,138 Per Month
Woodford County, Kentucky, recorded a median gross rent of $1,138 per month in the 2020-2024 5-Year Estimates. This value is $345 higher than the Kentucky unweighted county mean of $793 per month. The median home value in the county was estimated at $299,700, which is $138,865 above the state unweighted county mean home value of $160,835. Among renter-occupied households, the official ACS B25071 Gross Rent as a Percentage of Household Income (GRAPI) is 29.3%, compared to the state unweighted county mean official GRAPI of 27.2%. Median renter-household income is $50,053. For homeowners, the median selected monthly owner costs across all owner-occupied units is $1,090 per month, which is $337 above the state unweighted county mean of $753. This reporting summarizes local housing and income metrics as documented by the U.S. Census Bureau. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Woodford County
Affordability Verdict
ACS B25071 estimates median gross rent at 29.3% of renter household income in Woodford County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,138 per month; median selected monthly owner costs are $1,090. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $45,520 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Kentucky unweighted mean of county median rents is $793 per month. Woodford County's $1,138 median is 43.4% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Woodford County
Rent Burden
16.3%
of gross income
Max Housing (28% Rule)
$1,955
per month
Owner Cost Burden
15.6%
of gross income
The median home in Woodford County may be a stretch
Median home value is $299,700. Estimated monthly cost: $2,393 vs. your max of $1,955.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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
What is the cost of living in Woodford County, Kentucky?
What is the median rent in Woodford County?
Is Woodford County affordable?
How does Woodford County's rent compare to the state average?
What is the median home value in Woodford County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Woodford County, Kentucky? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Woodford County
Whether you're buying in Woodford County, Kentucky, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.