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Laurel County Housing Market

Kentucky · 120 counties · Ranked #1022 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$143,400

vs national$143,400 vs $281,900 national

Median Gross Rent

$789/mo

vs national$789 vs $1,163 national

Effective Tax Rate

0.59%

vs national0.59% vs 1.02% national

Median Household Income

$56,999

vs national$56,999 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)

$845

Tax as % of Home Value

0.59%

Monthly Owner Cost

$647

Renter Income

$31,007

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Frequently Asked Questions

What is the median home value in Laurel County?

The median home value in Laurel County is $143,400. This is below the national median of $281,900.

How much is rent in Laurel County?

The median gross rent in Laurel County is $789 per month.

What is the property tax rate in Laurel County?

The effective property tax rate in Laurel County is 0.59%. The median annual property tax bill is $845.

Is Laurel County affordable?

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