Cost of Living in Garrard County, KY

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

Median Income

$58,263

Median Rent

$825/mo

Median Home

$170,800

Affordability

470

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$864
Property Tax$112
Insurance$57

Total Monthly$1,033
% of Income21.3%

Renting

Median Rent$825
Renter's Insurance$25

Total Monthly$850
% of Income17%

Living in Garrard County, Kentucky

Garrard County has a median household income of $58,263 with housing costs that represent 21.3% of income for owners and 17% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 470 (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.