Russell County, Kentucky
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Russell County Compares
Detailed Income Statistics
Income Advisory: Russell County
Income Verdict
Russell County has a median household income of $50,520 and per capita income of $28,231 — a gap of $22,289, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $660/month and a median household income of $50,520, rent consumes approximately 15.7% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $50,520, residents of Russell County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $28,231 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Russell County earns approximately 9.6% below the Kentucky state median household income of $55,909.
Data Story
About Household Income in Russell County, Kentucky
Russell earns one-third below nation
Russell County's median household income of $50,520 falls 32% below the U.S. median of $74,755. This $24,235 gap reflects regional economic constraints but positions Russell above the most distressed peers.
Slightly below Kentucky average
Russell's median household income of $50,520 lags Kentucky's state average of $55,909 by about 9%. Russell occupies the lower-middle tier of Kentucky's county economy.
Solid performer in the regional group
Russell's $50,520 income ranks fourth among the eight counties, trailing Rowan ($53,657) and Robertson ($52,337) but exceeding Pulaski ($50,943 actually ranks above Russell), Rockcastle ($48,367), and the Appalachian trio. Russell demonstrates moderate economic stability.
Rent burden remains reasonable
Russell's 15.7% rent-to-income ratio is among the best in the group, well below the 20% affordability threshold. Median home values of $148,200 require planning but remain accessible to many households.
Balance security with growth investing
Russell households should maintain emergency savings while allocating 20-30% of discretionary income to stock market investments. Time horizon and risk tolerance determine whether to emphasize index funds or individual stocks.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Russell County median
County median: $50,520 per year
vs. County Median
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vs. State Average
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vs. National Median
-32%
Income Adequacy
Your monthly income ($4,210) vs. median rent ($660/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.