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Ballard County Housing Market

Kentucky · 120 counties · Ranked #849 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$132,900

vs national$132,900 vs $281,900 national

Median Gross Rent

$826/mo

vs national$826 vs $1,163 national

Effective Tax Rate

0.80%

vs national0.80% vs 1.02% national

Median Household Income

$64,740

vs national$64,740 vs $74,755 national

Affordability Ratio

2.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

21.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,067

Tax as % of Home Value

0.80%

Monthly Owner Cost

$784

Renter Income

$41,576

Frequently Asked Questions

What is the median home value in Ballard County?
The median home value in Ballard County is $132,900. This is below the national median of $281,900.
How much is rent in Ballard County?
The median gross rent in Ballard County is $826 per month.
What is the property tax rate in Ballard County?
The effective property tax rate in Ballard County is 0.80%. The median annual property tax bill is $1,067.
Is Ballard County affordable?
With a home-value-to-income ratio of 2.1x, Ballard County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.