Jackson County, Kentucky Housing Market Prices
Jackson County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 91% above the Kentucky median More expensive than 88% of counties in Kentucky$225,000
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Median rent 31% below the Kentucky median Cheaper than 83% of counties in Kentucky$665
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Jackson County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $118,017 | $248,835 |
| Price Trend (Annual %) | 24.5% | 3.8% | 7.5% |
| Median Gross Rent | $665 | $967 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jackson County is about 91% higher than in Kentucky. Rent is about 31% lower than the Kentucky average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Jackson County, up about 24.5% and 3.2% a year respectively. Home prices are changing faster.
Median rent in Jackson County rose about 27.1% between 2015 and 2024, from $523 to $665. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 5.6 yearly household incomes in Jackson County.
Buying the median-priced home in Jackson County costs roughly 28.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Jackson County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Jackson County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $118,017 | $248,835 |
| Median Household Income | $40,000 | $64,312 | $80,455 |
| Price-to-Income Ratio | 5.6 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jackson County rose about 474.1%, while median household income rose about 42.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Jackson County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.0% | 61.3% | 58.5% |
| Rental Rate | 19.3% | 28.4% | 31.2% |
| Vacancy Rate | 14.7% | 10.3% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Jackson County has a homeownership rate of 66.0%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 14.7%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Jackson County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1991 | 1981 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Jackson County was built around 1991. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 17.0 years on average.
Jackson County, KY Housing Compared With Nearby Counties
How Jackson County, KY compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jackson County, KY | 13,086 | $225,000 #1/3 | $665 #3/3 | 77.4% #1/3 |
| Rockcastle County, KY | 16,158 | $46,957 | $676 | 74.3% |
| Laurel County, KY | 62,983 | $177,934 | $813 | 71.6% |
Frequently Asked Questions
Common questions about the housing market in Jackson County, Kentucky.
What is the median home price in Jackson County, Kentucky?
The median home price in Jackson County, Kentucky is $225,000, higher than the Kentucky average of $118,017.
What is the average home price in Jackson County, Kentucky?
The typical home price in Jackson County, Kentucky, reported as the median sale price, is $225,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Jackson County, Kentucky?
The median gross rent in Jackson County, Kentucky is $665 per month, lower than the Kentucky average of $967.
What was the median gross rent in Jackson County in 2020?
In 2020, the median gross rent in Jackson County, Kentucky was $525 per month.
What is the price-to-rent ratio in Jackson County, Kentucky?
The price-to-rent ratio in Jackson County, Kentucky is about 28.2, meaning it would take roughly 28.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Jackson County.
Are home prices or rent rising faster in Jackson County, Kentucky?
Both home prices and rent are rising in Jackson County, up about 24.5% and 3.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jackson County, Kentucky?
66.0% of households in Jackson County, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in Jackson County, Kentucky?
The housing vacancy rate in Jackson County, Kentucky is 14.7%, higher than the Kentucky average of 10.3%.
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