Knott County, Kentucky
Income Data
At a Glance
How Knott County Compares
Detailed Income Statistics
Data Story
About Household Income in Knott County, Kentucky
Knott struggles far below national baseline
Knott County's median household income of $37,736 falls nearly $37,000 short of the national median of $74,755—a deficit of 50%. This places Knott among America's lowest-income counties and reflects the severe economic distress of eastern Kentucky's coal-dependent communities.
Among Kentucky's most economically challenged counties
Knott's $37,736 median income ranks in Kentucky's bottom tier, 33% below the state average of $55,909. Per capita income of $21,353 trails the state by 28%, indicating very limited individual earning power throughout the county.
Economic hardship alongside Knox and Lawrence
Knott County's income is slightly above Knox ($33,153) but comparable to Lawrence ($45,584) and Johnson ($43,014) counties. This cluster of distressed counties reflects a regional economic crisis tied to coal industry collapse and limited alternative employment.
Housing costs consume unsustainable income share
A rent-to-income ratio of 23.3% means Knott households spend nearly 1/4 of earnings on housing—well above the 30% affordability crisis threshold. With a median home value of only $74,600, even modest housing costs strain household budgets severely.
Focus on financial stability first
Knott County residents facing income constraints should prioritize debt reduction and basic emergency savings before investing. Local nonprofits and credit counseling services can help households create realistic budgets and identify income-boosting opportunities.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Knott County median
County median: $37,736 per year
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vs. State Average
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vs. National Median
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Your monthly income ($3,145) vs. median rent ($731/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.