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Graves County Housing Market

Kentucky · 120 counties · Ranked #948 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$139,000

vs national$139,000 vs $281,900 national

Median Gross Rent

$713/mo

vs national$713 vs $1,163 national

Effective Tax Rate

0.67%

vs national0.67% vs 1.02% national

Median Household Income

$50,576

vs national$50,576 vs $74,755 national

Affordability Ratio

2.7x

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

Rent Burden

29.0%

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

More Housing Data

Property Tax (Median)

$929

Tax as % of Home Value

0.67%

Monthly Owner Cost

$741

Renter Income

$31,981

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Frequently Asked Questions

What is the median home value in Graves County?

The median home value in Graves County is $139,000. This is below the national median of $281,900.

How much is rent in Graves County?

The median gross rent in Graves County is $713 per month.

What is the property tax rate in Graves County?

The effective property tax rate in Graves County is 0.67%. The median annual property tax bill is $929.

Is Graves County affordable?

With a home-value-to-income ratio of 2.7x, Graves 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.