Powell County, Kentucky
Income Data
At a Glance
How Powell County Compares
Detailed Income Statistics
Data Story
About Household Income in Powell County, Kentucky
Powell earns 47% less than nation
Powell County's median household income of $39,811 falls nearly half below the U.S. median of $74,755. This $34,944 income gap reflects persistent regional economic stress.
Lowest earner in our Kentucky group
Powell County records the lowest median household income among the eight counties profiled here at $39,811—$16,098 below Kentucky's state average. This places Powell among the state's most economically challenged counties.
Poorest but housing not cheap
Powell's $39,811 income is lowest among peers, yet its median home value of $142,400 ranks highest—creating a mismatch between earnings and housing costs. The ratio of home price to income (3.6x) exceeds national healthy limits.
Housing costs strain thin budgets
Powell's 22.4% rent-to-income ratio signals tight housing affordability despite relatively affordable nominal rents. Home prices, however, appear overvalued relative to local incomes, requiring careful consideration before purchase.
Focus on debt reduction first
Given Powell's income constraints, eliminating high-interest debt should precede investment. Freeing up cash flow through debt payoff creates a foundation for emergency savings and long-term wealth building.
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Income Comparison Calculator
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Your income is above the Powell County median
County median: $39,811 per year
vs. County Median
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vs. State Average
-29%
vs. National Median
-47%
Income Adequacy
Your monthly income ($3,318) vs. median rent ($743/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.