Grayson County, Kentucky
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Grayson County Compares
Detailed Income Statistics
Income Advisory: Grayson County
Income Verdict
Grayson County has a median household income of $49,893 and per capita income of $27,601 — a gap of $22,292, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $653/month and a median household income of $49,893, rent consumes approximately 15.7% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $49,893, residents of Grayson County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $27,601 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Grayson County earns approximately 10.8% below the Kentucky state median household income of $55,909.
Data Story
About Household Income in Grayson County, Kentucky
Grayson County earns well below national average
Grayson County's median household income of $49,893 is 33.3% lower than the U.S. median of $74,755, reflecting limited access to high-paying employment sectors. This significant gap underscores the county's economic challenges.
Below state average in rural Kentucky
At $49,893, Grayson County's median income runs 10.8% below Kentucky's state average of $55,909, ranking it among the state's lower-income communities. The county shares similar economic pressures with rural neighbors.
Slightly better off than some regional peers
Grayson County's $49,893 median income slightly exceeds Green County ($41,087) but trails Graves County ($50,576) and Greenup County ($59,613). The variation suggests pockets of stronger economic opportunity nearby.
Housing remains proportionally affordable
A rent-to-income ratio of 15.7% keeps housing costs reasonable as a share of household earnings, though the lower overall income limits discretionary spending. A median home value of $160,100 is accessible but represents a larger portion of annual earnings than in wealthier counties.
Focus on accessible financial tools
Grayson County residents benefit from building emergency savings before investing, given tighter household budgets. Community credit unions and low-cost index funds offer accessible pathways to long-term wealth building without high fees.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Grayson County
Your income is above the Grayson County median
County median: $49,893 per year
vs. County Median
+0%
vs. State Average
-11%
vs. National Median
-33%
Income Adequacy
Your monthly income ($4,158) vs. median rent ($653/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.