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Carter County Housing Market

Kentucky · 120 counties · Ranked #750 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$126,100

vs national$126,100 vs $281,900 national

Median Gross Rent

$701/mo

vs national$701 vs $1,163 national

Effective Tax Rate

0.49%

vs national0.49% vs 1.02% national

Median Household Income

$50,389

vs national$50,389 vs $74,755 national

Affordability Ratio

2.5x

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

Rent Burden

27.0%

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

More Housing Data

Property Tax (Median)

$622

Tax as % of Home Value

0.49%

Monthly Owner Cost

$559

Renter Income

$27,894

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Frequently Asked Questions

What is the median home value in Carter County?

The median home value in Carter County is $126,100. This is below the national median of $281,900.

How much is rent in Carter County?

The median gross rent in Carter County is $701 per month.

What is the property tax rate in Carter County?

The effective property tax rate in Carter County is 0.49%. The median annual property tax bill is $622.

Is Carter County affordable?

With a home-value-to-income ratio of 2.5x, Carter 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.