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Simpson County Housing Market

Kentucky · 120 counties · Ranked #1849 in home value

Below National Avg

Housing at a Glance

Median Home Value

$195,700

vs national$195,700 vs $281,900 national

Median Gross Rent

$1,011/mo

vs national$1,011 vs $1,163 national

Effective Tax Rate

0.64%

vs national0.64% vs 1.02% national

Median Household Income

$57,392

vs national$57,392 vs $74,755 national

Affordability Ratio

3.4x

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

Rent Burden

28.0%

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

More Housing Data

Property Tax (Median)

$1,246

Tax as % of Home Value

0.64%

Monthly Owner Cost

$943

Renter Income

$36,310

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Frequently Asked Questions

What is the median home value in Simpson County?

The median home value in Simpson County is $195,700. This is below the national median of $281,900.

How much is rent in Simpson County?

The median gross rent in Simpson County is $1,011 per month.

What is the property tax rate in Simpson County?

The effective property tax rate in Simpson County is 0.64%. The median annual property tax bill is $1,246.

Is Simpson County affordable?

With a home-value-to-income ratio of 3.4x, Simpson County is moderately 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.