Taylor County, Kentucky Housing Market Prices
Taylor 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 71% below the Kentucky median Cheaper than 87% of counties in Kentucky$34,744
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Median rent 26% below the Kentucky median$717
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Taylor County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $34,744 | $118,017 | $248,835 |
| Price Trend (Annual %) | 47.7% | 3.8% | 7.5% |
| Median Gross Rent | $717 | $967 | $1,407 |
| Rent Trend (Annual %) | 2.5% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Taylor County is about 71% lower than in Kentucky. Rent is about 26% 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 Taylor County, up about 47.7% and 2.5% a year respectively. Home prices are changing faster.
Median rent in Taylor County rose about 24.2% between 2015 and 2024, from $578 to $717. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 0.6 yearly household incomes in Taylor County.
Buying the median-priced home in Taylor County costs roughly 4.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Taylor County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Taylor County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $34,744 | $118,017 | $248,835 |
| Median Household Income | $60,539 | $64,312 | $80,455 |
| Price-to-Income Ratio | 0.6 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Taylor County fell about 54.7%, while median household income rose about 71.4% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Taylor County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.0% | 61.3% | 58.5% |
| Rental Rate | 28.5% | 28.4% | 31.2% |
| Vacancy Rate | 8.5% | 10.3% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Taylor County has a homeownership rate of 63.0%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 8.5%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Taylor County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.45 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1980 | 1981 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Taylor County was built around 1980. On average, 2.4 people live in a home with about 5.7 rooms, staying for about 18.0 years on average.
Taylor County, KY Housing Compared With Nearby Counties
Taylor County, KY is the largest of the 5 counties compared here, 26,397 residents against a local median of 17,088. The measure that sets Taylor County, KY apart most is median home price: $34,744, 66% below the local median of $101,700.
The counties themselves spread $123,084 on median home price, so Taylor County, KY sits at one end of an already wide local range rather than apart from it. Taylor County, KY has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Taylor County, KY | 26,397 | $34,744 #4/5 | $717 #4/5 | 68.8% #5/5 |
| Marion County, KY | 19,749 | $73,333 | $725 | 77.7% |
| Green County, KY | 11,369 | $130,067 | $609 | 77.6% |
| Adair County, KY | 19,089 | $19,564 | $771 | 77.2% |
| Larue County, KY | 15,088 | $142,648 | $859 | 79.4% |
Frequently Asked Questions
Common questions about the housing market in Taylor County, Kentucky.
What is the median home price in Taylor County, Kentucky?
The median home price in Taylor County, Kentucky is $34,744, lower than the Kentucky average of $118,017.
What is the average home price in Taylor County, Kentucky?
The typical home price in Taylor County, Kentucky, reported as the median sale price, is $34,744. 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 Taylor County, Kentucky?
The median gross rent in Taylor County, Kentucky is $717 per month, lower than the Kentucky average of $967.
What was the median gross rent in Taylor County in 2020?
In 2020, the median gross rent in Taylor County, Kentucky was $649 per month.
What is the price-to-rent ratio in Taylor County, Kentucky?
The price-to-rent ratio in Taylor County, Kentucky is about 4.0, meaning it would take roughly 4.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Taylor County.
Are home prices or rent rising faster in Taylor County, Kentucky?
Both home prices and rent are rising in Taylor County, up about 47.7% and 2.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Taylor County, Kentucky?
63.0% of households in Taylor County, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in Taylor County, Kentucky?
The housing vacancy rate in Taylor County, Kentucky is 8.5%, lower than the Kentucky average of 10.3%.
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