Graves County, Kentucky

Income Data

-10% vs. Kentucky average
$50,576
Median Household Income
$29,608
Per Capita Income

At a Glance

Median Household Income
$50,576
-10% vs. state avg
Per Capita Income
$29,608
-25% vs. national
Income-to-Housing Ratio
36.4%
income as % of home value
Rank in Kentucky
#76 / 120
by median household income

How Graves County Compares

Graves County$50,576
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$50,576
Median Household Income
$29,608
Per Capita Income
$139,000
Median Home Value
36.4%
Income-to-Housing Ratio

Data Story

About Household Income in Graves County, Kentucky

Graves County lags national income standards

Graves County's median household income of $50,576 falls 32.3% below the U.S. median of $74,755, reflecting economic pressures facing many rural Kentucky communities. The gap suggests limited high-wage employment opportunities locally.

Below Kentucky's average income

At $50,576, Graves County's median household income trails Kentucky's state average of $55,909 by 9.5%, placing it in the lower-middle tier statewide. The county faces economic headwinds shared by several rural Kentucky regions.

Similar struggles in surrounding counties

Graves County's $50,576 income mirrors the challenges of nearby Grayson County ($49,893) and Green County ($41,087), suggesting a regional economic pattern. Greenup County ($59,613) offers a notable contrast with stronger earning power just to the east.

Housing costs squeeze household budgets

A rent-to-income ratio of 16.9% indicates manageable housing costs, though the lower overall income means less financial cushion for emergencies. A median home value of $139,000 aligns with local earning capacity but limits savings potential.

Invest in income growth strategies

Graves County households should prioritize skill-building and education to unlock higher-wage opportunities, both locally and regionally. Starting small with automated savings and employer retirement plans can help build wealth despite current income constraints.

Frequently Asked Questions

What is the median household income in Graves County, Kentucky?
The median household income in Graves County, Kentucky is $50,576, 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 Graves County?
The per capita income in Graves County is $29,608, 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 $50,576.
How does Graves County compare to the Kentucky average?
Graves County's median household income of $50,576 is lower than the Kentucky state average of $55,909. The per capita income is $29,608, compared to the state average of $29,616.
What is the per capita income in Graves County, Kentucky?
The per capita income in Graves County, Kentucky is $29,608, 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.
Is Graves County a low-income area in Kentucky?
Graves County's median household income of $50,576 is below the Kentucky average of $55,909. The per capita income of $29,608 is also lower than the state average of $29,616. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Graves County rank for income in Kentucky?
Graves County ranks #76 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $50,576 and per capita income of $29,608, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Graves County

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Your income is above the Graves County median

County median: $50,576 per year

vs. County Median

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vs. State Average

-10%

vs. National Median

-32%

vs. Graves County MedianAbout equal
vs. Kentucky Average10% below
vs. National Median32% below

Income Adequacy

Monthly income covers median rent5.9x

Your monthly income ($4,215) vs. median rent ($713/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.