Pay and cost of living in Franklin County, KY
Across the 1 occupations we cover in Franklin County, KY, the middle median salary is $28,050 a year. Pay runs from $28,050 for Cashiers up to $28,050 for Cashiers, a spread of $0. Wages come from the Central Kentucky nonmetropolitan area survey area.
A one-bedroom apartment in Franklin County, KY has a HUD Fair Market Rent of $909 a month and a two-bedroom $1,145. Rent, food, home energy and gasoline for one adult add up to $17,688 a year. After federal, FICA and state income taxes, the average occupation here takes home $23,675 a year, and every one of the 1 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 Franklin County, KY
The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Franklin County, KY, set beside the Kentucky and national medians.
Median household income in Franklin County, KY is $65,298, 2% above the Kentucky median of $63,726 and $80,734 nationally. A year of one-bedroom Fair Market Rent ($10,908) equals 16.7% of that income. The median of the occupation medians listed here, $28,050, is 57% below household income, which is expected because a household can hold more than one earner.
Homeowners in Franklin County, KY pay a median of $1,716 a year in real estate taxes, 11% above the Kentucky median of $1,544. With a median home value of $216,600, 5% above the Kentucky median of $205,600, the ratio of the two medians is 0.79% a year.
Renters in Franklin County, KY pay a median gross rent of $967 a month in the Census survey, in line with the Kentucky median of $967. HUD's one-bedroom Fair Market Rent used for the budgets on this site is $909; the Census figure covers rental units of every size.
Workers in Franklin County, KY who travel to a workplace spend an average of 20.0 minutes each way, 17% below the Kentucky average of 24.0. 14.2% of workers work from home, compared with 15.1% nationally.