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Lawrence County Housing Market

Kentucky · 120 counties · Ranked #396 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$108,100

vs national$108,100 vs $281,900 national

Median Gross Rent

$729/mo

vs national$729 vs $1,163 national

Effective Tax Rate

0.68%

vs national0.68% vs 1.02% national

Median Household Income

$45,584

vs national$45,584 vs $74,755 national

Affordability Ratio

2.4x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$733

Tax as % of Home Value

0.68%

Monthly Owner Cost

$526

Renter Income

$27,810

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Lawrence County?

The median home value in Lawrence County is $108,100. This is below the national median of $281,900.

How much is rent in Lawrence County?

The median gross rent in Lawrence County is $729 per month.

What is the property tax rate in Lawrence County?

The effective property tax rate in Lawrence County is 0.68%. The median annual property tax bill is $733.

Is Lawrence County affordable?

With a home-value-to-income ratio of 2.4x, Lawrence 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.