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Hancock County Housing Market

Kentucky · 120 counties · Ranked #927 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$137,600

vs national$137,600 vs $281,900 national

Median Gross Rent

$752/mo

vs national$752 vs $1,163 national

Effective Tax Rate

0.68%

vs national0.68% vs 1.02% national

Median Household Income

$66,836

vs national$66,836 vs $74,755 national

Affordability Ratio

2.1x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$935

Tax as % of Home Value

0.68%

Monthly Owner Cost

$726

Renter Income

$36,250

Frequently Asked Questions

What is the median home value in Hancock County?
The median home value in Hancock County is $137,600. This is below the national median of $281,900.
How much is rent in Hancock County?
The median gross rent in Hancock County is $752 per month.
What is the property tax rate in Hancock County?
The effective property tax rate in Hancock County is 0.68%. The median annual property tax bill is $935.
Is Hancock County affordable?
With a home-value-to-income ratio of 2.1x, Hancock 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.