Pike County, Kentucky

Income Data

-25% vs. Kentucky average
$42,179
Median Household Income
$26,111
Per Capita Income

At a Glance

Median Household Income
$42,179
-25% vs. state avg
Per Capita Income
$26,111
-34% vs. national
Income-to-Housing Ratio
40.5%
income as % of home value
Rank in Kentucky
#95 / 120
by median household income

How Pike County Compares

Pike County$42,179
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$42,179
Median Household Income
$26,111
Per Capita Income
$104,200
Median Home Value
40.5%
Income-to-Housing Ratio

Data Story

About Household Income in Pike County, Kentucky

Pike earns 44% below U.S. median

Pike County's median household income of $42,179 sits nearly 44% below the national median of $74,755. This $32,576 gap underscores the county's economic challenges relative to U.S. averages.

Among Kentucky's lowest earners

Pike County ranks among the lowest-earning counties in Kentucky, with median household income $13,730 below the state average of $55,909. Only a handful of Kentucky counties earn less than Pike's current median.

Struggling alongside Appalachian peers

Pike's $42,179 income trails Perry County ($45,261) but leads Powell County ($39,811) in the same region. All three counties face similar coal-economy transitions and persistent underemployment.

Rent eats nearly a quarter of pay

Pike's rent-to-income ratio of 23.8% exceeds the 20% affordability threshold, meaning renters struggle to cover housing costs. With median home values at $104,200, buying may offer better long-term value than renting.

Maximize employer benefits now

Even modest 3-5% contributions to 401(k)s compound significantly over decades and reduce taxable income today. Pike residents should prioritize employer matching and explore Individual Retirement Accounts (IRAs) for tax-advantaged saving.

Frequently Asked Questions

What is the median household income in Pike County, Kentucky?
The median household income in Pike County, Kentucky is $42,179, 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 Pike County?
The per capita income in Pike County is $26,111, 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 $42,179.
How does Pike County compare to the Kentucky average?
Pike County's median household income of $42,179 is lower than the Kentucky state average of $55,909. The per capita income is $26,111, compared to the state average of $29,616.
What is the per capita income in Pike County, Kentucky?
The per capita income in Pike County, Kentucky is $26,111, 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 Pike County a low-income area in Kentucky?
Pike County's median household income of $42,179 is below the Kentucky average of $55,909. The per capita income of $26,111 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 Pike County rank for income in Kentucky?
Pike County ranks #95 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $42,179 and per capita income of $26,111, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Pike County

$
1.00x

Your income is above the Pike County median

County median: $42,179 per year

vs. County Median

+0%

vs. State Average

-25%

vs. National Median

-44%

vs. Pike County MedianAbout equal
vs. Kentucky Average25% below
vs. National Median44% below

Income Adequacy

Monthly income covers median rent4.2x

Your monthly income ($3,515) vs. median rent ($837/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in Pike County, Kentucky? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Kentucky

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.