IncomeBy County

Taylor County, Kentucky

Income Data

U.S. Census Bureau ACS
+11% vs. Kentucky average
$61,871
Median Household Income
$28,714
Per Capita Income

At a Glance

Median Household Income
$61,871
+11% vs. state avg
Per Capita Income
$28,714
-27% vs. national
Income-to-Housing Ratio
37.8%
income as % of home value
Rank in Kentucky
#38 / 120
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Taylor County Compares

Taylor County$61,871
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$61,871
Median Household Income
$28,714
Per Capita Income
$163,700
Median Home Value
37.8%
Income-to-Housing Ratio

Income Advisory: Taylor County

Income Verdict

Taylor County has a median household income of $61,871 and per capita income of $28,714 — a gap of $33,157, suggesting a typical mix of dual-income and single-earner households.

Housing Affordability

With median gross rent at $691/month and a median household income of $61,871, rent consumes approximately 13.4% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $61,871, residents of Taylor County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $28,714 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.

Neighbor Context

Taylor County earns approximately 10.7% above the Kentucky state median household income of $55,909, positioning it favorably within the state.

Data Story

About Household Income in Taylor County, Kentucky

Taylor County lags behind national income

Taylor County's median household income of $61,871 runs 17.2% below the U.S. median of $74,755, putting it in the lower-middle range of American counties. This reflects rural economic pressures across much of Kentucky.

Near-average earners in Kentucky

Taylor County's median income of $61,871 ranks just 10.7% above the state average of $55,909, positioning it modestly above the Kentucky baseline. The county represents a middle ground in the state's income distribution.

Taylor outearns some, trails others locally

Taylor County's $61,871 household income exceeds Simpson County ($57,392) and Todd County ($57,759), but lags behind Trimble County ($67,813) and the wealthier counties to the north. Its per capita income of $28,714 aligns with rural state averages.

Rent-to-income ratio remains manageable

Taylor County's rent-to-income ratio of 13.4% sits comfortably below the 20% affordability caution zone, giving households breathing room in their budgets. The median home value of $163,700 is relatively modest and accessible to most earning families.

Build steady financial security over time

Taylor County residents benefit from reasonable housing costs that free up income for savings and investments. Establish a disciplined approach to wealth building through regular contributions to retirement accounts and emergency savings, even if amounts are modest.

Frequently Asked Questions

What is the median household income in Taylor County, Kentucky?
The median household income in Taylor County, Kentucky is $61,871, 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 Taylor County?
The per capita income in Taylor County is $28,714, 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 $61,871.
How does Taylor County compare to the Kentucky average?
Taylor County's median household income of $61,871 is higher than the Kentucky state average of $55,909. The per capita income is $28,714, compared to the state average of $29,616.
What is the per capita income in Taylor County, Kentucky?
The per capita income in Taylor County, Kentucky is $28,714, 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.
Why is Taylor County income higher than the Kentucky average?
Taylor County's median household income of $61,871 is higher than the Kentucky average of $55,909. This difference of $5,962 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Taylor County rank for income in Kentucky?
Taylor County ranks #38 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $61,871 and per capita income of $28,714, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Taylor County

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Your income is above the Taylor County median

County median: $61,871 per year

vs. County Median

+0%

vs. State Average

+11%

vs. National Median

-17%

vs. Taylor County MedianAbout equal
vs. Kentucky Average▲ 11% above
vs. National Median▼ 17% below

Income Adequacy

Monthly income covers median rent7.5x

Your monthly income ($5,156) vs. median rent ($691/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Counties with Similar Income Levels

Chilton County
Alabama
$61,873
+0%
Missaukee County
Michigan
$61,868
+0%
Montgomery County
Illinois
$61,863
+0%
Dickinson County
Michigan
$61,882
+0%
Union County
Tennessee
$61,858
+0%
Kidder County
North Dakota
$61,850
+0%
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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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