Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Hancock County, Kentucky?
County · Census ACS 5-Year estimates
The median gross rent in Hancock County, Kentucky is $740/month (±$145), based on Census ACS 5-Year estimates (2024). The median home value is $141,200 (±$17,527), and the median household income is $65,464/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Hancock County, Kentucky and Neighbouring Counties
Housing Metrics for Hancock County, Kentucky
| Metric | Value |
|---|---|
| Median Gross Rent | $740 |
| Median Home Value | $141,200 |
| Median Household Income | $65,464 |
| Total Housing Units | 3,638 |
| Renter-Occupied Units | 831 |
| Renter-Occupied Share | 23% |
| Households Paying 50%+ Income | 164 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| 1 BR | $617 | n/a |
| 2 BR | $829 | +37.9% |
| 3 BR | $800 | -17.4% |
| 4 BR | $1,031 | n/a |
How does Hancock County, Kentucky compare?
Median gross rent ranked against all counties in Kentucky.
Higher rent than 41% of counties in Kentucky · 72th of 120
| # | County | Value |
|---|---|---|
| 1 | Boone County | $1,373 |
| 2 | Scott County | $1,247 |
| 3 | Oldham County | $1,219 |
| … 68 more … | ||
| 72 | Hancock County(you are here) | $740 |
| … 45 more … | ||
| 118 | Martin County | $450 |
| 119 | Owsley County | $448 |
| 120 | Elliott County | $432 |
More data for Hancock County, Kentucky
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Frequently asked questions
What is the average rent in Hancock County, Kentucky?
The median gross rent in Hancock County, Kentucky is $740/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Hancock County, Kentucky?
The median rent for a 2-bedroom in Hancock County, Kentucky is $829/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$77. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Hancock County, Kentucky?
The median home value in Hancock County, Kentucky is $141,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Hancock County are rent-burdened?
In Hancock County, Kentucky, 164 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Hancock County, Kentucky?
The median household income in Hancock County, Kentucky is $65,464/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $740 has a margin of error of ±$145. In very small areas, MOEs can be large relative to the estimate.
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