Pay and cost of living in Bourbon County, KY
Across the 4 occupations we cover in Bourbon County, KY, the middle median salary is $69,385 a year. Pay runs from $30,100 for Retail Salespersons up to $80,440 for General and Operations Managers, a spread of $50,340. Wages come from the Lexington-Fayette, KY survey area.
A one-bedroom apartment in Bourbon County, KY has a HUD Fair Market Rent of $1,205 a month and a two-bedroom $1,416. Rent, food, home energy and gasoline for one adult add up to $21,240 a year. After federal, FICA and state income taxes, the average occupation here takes home $49,071 a year, and every one of the 4 occupations listed here earns enough take-home pay to cover the four basics.
Open any occupation below for its full payslip, the tax breakdown, the rent comparison and a plain-English explanation of what is left after the basics. Every figure uses the same method, so results are comparable from one job and one county to the next.
Housing, taxes and commute in Bourbon County, KY
The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Bourbon County, KY, set beside the Kentucky and national medians.
Median household income in Bourbon County, KY is $61,354, 4% below the Kentucky median of $63,726 and $80,734 nationally. A year of one-bedroom Fair Market Rent ($14,460) equals 23.6% of that income. The median of the occupation medians listed here, $69,385, is 13% above household income, which is expected because a household can hold more than one earner.
Homeowners in Bourbon County, KY pay a median of $1,627 a year in real estate taxes, 5% above the Kentucky median of $1,544. With a median home value of $229,300, 12% above the Kentucky median of $205,600, the ratio of the two medians is 0.71% a year.
Renters in Bourbon County, KY pay a median gross rent of $822 a month in the Census survey, 15% below the Kentucky median of $967. HUD's one-bedroom Fair Market Rent used for the budgets on this site is $1,205; the Census figure covers rental units of every size.
Workers in Bourbon County, KY who travel to a workplace spend an average of 25.4 minutes each way, 6% above the Kentucky average of 24.0. 10.7% of workers work from home, compared with 15.1% nationally.