Bourbon County, Kentucky

Income Data

+1% vs. Kentucky average
$56,322
Median Household Income
$32,619
Per Capita Income

At a Glance

Median Household Income
$56,322
+1% vs. state avg
Per Capita Income
$32,619
-17% vs. national
Income-to-Housing Ratio
26.6%
income as % of home value
Rank in Kentucky
#59 / 120
by median household income

How Bourbon County Compares

Bourbon County$56,322
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$56,322
Median Household Income
$32,619
Per Capita Income
$211,600
Median Home Value
26.6%
Income-to-Housing Ratio

Data Story

About Household Income in Bourbon County, Kentucky

Bourbon County lags U.S. average income

Median household income in Bourbon County stands at $56,322, about 25% below the national median of $74,755. This income gap reflects broader economic challenges in rural Kentucky compared to national trends.

Just above Kentucky's median income

Bourbon County's $56,322 median household income ranks slightly above Kentucky's state average of $55,909. Per capita income of $32,619 also exceeds the state average of $29,616, suggesting stronger individual earnings here.

Competitive with neighboring counties

Bourbon County earns more than Bracken County ($59,521) but less than nearby Boyle County ($61,635). Among its peer counties, Bourbon remains solidly middle-tier for household income and earning potential.

Housing costs remain manageable here

A rent-to-income ratio of 15.9% means Bourbon County residents spend just under 16 cents of every dollar on rent, well below the 30% affordability threshold. Median home values of $211,600 are accessible relative to household incomes in the county.

Build financial security in Bourbon

With median income above state average and reasonable housing costs, Bourbon County residents have opportunity to invest in retirement and savings. Consider working with a financial advisor to maximize employer benefits and explore tax-advantaged retirement accounts.

Frequently Asked Questions

What is the median household income in Bourbon County, Kentucky?
The median household income in Bourbon County, Kentucky is $56,322, 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 Bourbon County?
The per capita income in Bourbon County is $32,619, 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 $56,322.
How does Bourbon County compare to the Kentucky average?
Bourbon County's median household income of $56,322 is higher than the Kentucky state average of $55,909. The per capita income is $32,619, compared to the state average of $29,616.
What is the per capita income in Bourbon County, Kentucky?
The per capita income in Bourbon County, Kentucky is $32,619, 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 Bourbon County income higher than the Kentucky average?
Bourbon County's median household income of $56,322 is higher than the Kentucky average of $55,909. This difference of $413 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 Bourbon County rank for income in Kentucky?
Bourbon County ranks #59 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $56,322 and per capita income of $32,619, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Bourbon County

$
1.00x

Your income is above the Bourbon County median

County median: $56,322 per year

vs. County Median

+0%

vs. State Average

+1%

vs. National Median

-25%

vs. Bourbon County MedianAbout equal
vs. Kentucky Average1% above
vs. National Median25% below

Income Adequacy

Monthly income covers median rent6.3x

Your monthly income ($4,694) vs. median rent ($745/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in Bourbon County, Kentucky? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Kentucky

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

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