Lawrence County, Kentucky
Income Data
At a Glance
How Lawrence County Compares
Detailed Income Statistics
Data Story
About Household Income in Lawrence County, Kentucky
Lawrence falls short of national income standard
Lawrence County's median household income of $45,584 trails the national median of $74,755 by 39%, placing the county in the lower third of U.S. income distribution. This gap reflects Lawrence's limited economic base and exposure to regional manufacturing decline.
Below Kentucky average but not lowest-tier
Lawrence's $45,584 median income ranks 18% below Kentucky's state average of $55,909, placing it in the lower half statewide. Per capita income of $24,027 trails the state average by 19%, indicating limited individual earning opportunities.
Similar economic challenges to eastern Kentucky cluster
Lawrence's $45,584 income mirrors Johnson County ($43,014) and sits above only Knott ($37,736) and Knox ($33,153) among the eight counties. This clustering reflects shared economic vulnerabilities in eastern Kentucky's struggling communities.
Housing costs strain household financial capacity
Lawrence's rent-to-income ratio of 19.2% means households spend roughly 1/5 of income on housing, approaching affordability stress. With a median home value of $108,100, even modest housing costs represent significant household budget burdens.
Stabilize finances before pursuing investments
Lawrence County residents should prioritize emergency savings and debt reduction given income constraints. Look for free or low-cost financial literacy resources through local organizations and consider income-boosting strategies like skills training.
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Income Comparison Calculator
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Your income is above the Lawrence County median
County median: $45,584 per year
vs. County Median
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vs. State Average
-18%
vs. National Median
-39%
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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.