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Menifee County Housing Market

Kentucky · 120 counties · Ranked #456 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$111,500

vs national$111,500 vs $281,900 national

Median Gross Rent

$634/mo

vs national$634 vs $1,163 national

Effective Tax Rate

0.50%

vs national0.50% vs 1.02% national

Median Household Income

$44,672

vs national$44,672 vs $74,755 national

Affordability Ratio

2.5x

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

Rent Burden

28.0%

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

More Housing Data

Property Tax (Median)

$558

Tax as % of Home Value

0.50%

Monthly Owner Cost

$464

Renter Income

$27,017

Frequently Asked Questions

What is the median home value in Menifee County?
The median home value in Menifee County is $111,500. This is below the national median of $281,900.
How much is rent in Menifee County?
The median gross rent in Menifee County is $634 per month.
What is the property tax rate in Menifee County?
The effective property tax rate in Menifee County is 0.50%. The median annual property tax bill is $558.
Is Menifee County affordable?
With a home-value-to-income ratio of 2.5x, Menifee 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.