Elliott County, Kentucky
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Elliott County Compares
Detailed Income Statistics
Income Advisory: Elliott County
Income Verdict
Elliott County has a median household income of $40,074 and per capita income of $18,287 — a gap of $21,787, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $427/month and a median household income of $40,074, rent consumes approximately 12.8% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $40,074 indicates below-average earnings, which may limit discretionary spending and make households sensitive to cost-of-living increases. Per capita income of $18,287 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Elliott County earns approximately 28.3% below the Kentucky state median household income of $55,909.
Data Story
About Household Income in Elliott County, Kentucky
Elliott County income severely lagging nationwide
Elliott County's median household income of $40,074 falls 46% below the national median of $74,755, ranking it among America's lowest-income counties. Per capita income of $18,287 plummets 38% below Kentucky's state average of $29,616, indicating extreme economic hardship.
Lowest tier income county in Kentucky
Elliott County ranks at the very bottom of Kentucky's income distribution with a median household income 28% below the state average of $55,909. The county's Appalachian location and narrow economic base drive persistent poverty and limited employment.
Among the poorest in eastern Kentucky
Elliott County's $40,074 income ranks among the lowest in eastern Appalachia, comparable to neighboring Magoffin County and Breathitt County. This clustering reflects the region's structural economic challenges tied to coal dependence and geographic isolation.
Low housing costs offer modest relief
Elliott County's rent-to-income ratio of 12.8% is the lowest among these eight counties, providing relief for renters and buyers. However, median home values of $97,400 remain high relative to incomes, limiting homeownership accessibility for many families.
Invest in skills and regional development
Elliott County residents should prioritize income-boosting strategies through job training, trade certifications, and remote work opportunities that bypass geographic constraints. Connect with community development organizations, microlenders, and federal programs designed to support entrepreneurship in distressed Appalachian counties.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Elliott County
Your income is above the Elliott County median
County median: $40,074 per year
vs. County Median
+0%
vs. State Average
-28%
vs. National Median
-46%
Income Adequacy
Your monthly income ($3,340) vs. median rent ($427/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.