Ballard County, Kentucky

Income Data

+16% vs. Kentucky average
$64,740
Median Household Income
$34,469
Per Capita Income

At a Glance

Median Household Income
$64,740
+16% vs. state avg
Per Capita Income
$34,469
-13% vs. national
Income-to-Housing Ratio
48.7%
income as % of home value
Rank in Kentucky
#27 / 120
by median household income

How Ballard County Compares

Ballard County$64,740
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$64,740
Median Household Income
$34,469
Per Capita Income
$132,900
Median Home Value
48.7%
Income-to-Housing Ratio

Data Story

About Household Income in Ballard County, Kentucky

Ballard County Income: 13% Below National

Ballard County's median household income of $64,740 falls about $10,000 short of the U.S. median of $74,755, placing it firmly in the middle-income range nationally. The county's earnings reflect typical conditions for Western Kentucky agricultural and small-manufacturing communities.

Above Kentucky's State Average

Ballard County's $64,740 median household income exceeds Kentucky's state average of $55,909 by roughly $8,800, ranking the county in the upper half statewide. Per capita income of $34,469 also tops the state average of $29,616 by 16%.

Strong Performer Among Western Kentucky Peers

Ballard County's income surpasses Adair ($50,316), Bath ($54,128), and Barren ($49,171) while trailing Anderson County ($71,747) and Boone County ($94,752). The county's performance reflects a relatively stable economic base in Western Kentucky's agricultural region.

Housing Affordability Is Solid

At 15.3% rent-to-income ratio, Ballard County residents maintain excellent housing affordability, well below the 30% threshold. A median home value of $132,900 is highly accessible for households earning the county median, freeing resources for savings and investments.

Build Wealth Through Disciplined Saving

Ballard residents with median household income can comfortably set aside 12–18% for savings and investments after housing and living expenses. Work with a financial advisor to establish homeownership goals, retirement accounts, and education savings while leveraging affordable housing market.

Frequently Asked Questions

What is the median household income in Ballard County, Kentucky?
The median household income in Ballard County, Kentucky is $64,740, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Ballard County?
The per capita income in Ballard County is $34,469, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $64,740.
How does Ballard County compare to the Kentucky average?
Ballard County's median household income of $64,740 is higher than the Kentucky state average of $55,909. The per capita income is $34,469, compared to the state average of $29,616.
What is the per capita income in Ballard County, Kentucky?
The per capita income in Ballard County, Kentucky is $34,469, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Ballard County income higher than the Kentucky average?
Ballard County's median household income of $64,740 is higher than the Kentucky average of $55,909. This difference of $8,831 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Ballard County rank for income in Kentucky?
Ballard County ranks #27 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $64,740 and per capita income of $34,469, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Ballard County

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Your income is above the Ballard County median

County median: $64,740 per year

vs. County Median

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vs. State Average

+16%

vs. National Median

-13%

vs. Ballard County MedianAbout equal
vs. Kentucky Average16% above
vs. National Median13% below

Income Adequacy

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Your monthly income ($5,395) vs. median rent ($826/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.