Cost of Living in Ballard County, KY

What does it cost to live in Ballard County? Income, housing, and affordability breakdown.

Median Income

$57,111

Median Rent

$758/mo

Median Home

$102,000

Affordability

759

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$516
Property Tax$77
Insurance$34

Total Monthly$627
% of Income13.2%

Renting

Median Rent$758
Renter's Insurance$25

Total Monthly$783
% of Income15.9%

Living in Ballard County, Kentucky

Ballard County has a median household income of $57,111 with housing costs that represent 13.2% of income for owners and 15.9% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 759 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Kentucky

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.