#48
Kentucky
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State Facts
Minimum Wage
$7.25
Average Renter Wage
$12.93
2-Bedroom Housing Wage
$14.40
Number of Renter Households
570,314
Percent Renters
33%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$7.25/hr
Each week you
have to work
63HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | Kentucky | Adair County |
|---|---|---|
| Total | 1,718,217 | 7,126 |
| Renter | 570,314 | 1,745 |
| Percent Renters | 33% | 24% |
| Housing Wage | Kentucky | Adair County |
|---|---|---|
| Zero-Bedroom | $10.12 | $8.52 |
| One-Bedroom | $11.34 | $8.96 |
| Two-Bedroom | $14.40 | $11.92 |
| Three-Bedroom | $19.61 | $15.65 |
| Four-Bedroom | $22.69 | $16.37 |
| Fair Market Rent | Kentucky | Adair County |
|---|---|---|
| Zero-Bedroom | $526 | $443 |
| One-Bedroom | $590 | $466 |
| Two-Bedroom | $749 | $620 |
| Three-Bedroom | $1,020 | $814 |
| Four-Bedroom | $1,180 | $851 |
| Annual Income Needed to Afford | Kentucky | Adair County |
|---|---|---|
| Zero-Bedroom | $21,044 | $17,720 |
| One-Bedroom | $23,596 | $18,640 |
| Two-Bedroom | $29,955 | $24,800 |
| Three-Bedroom | $40,791 | $32,560 |
| Four-Bedroom | $47,203 | $34,040 |
| Minimum Wage | Kentucky | Adair County |
|---|---|---|
| Minimum Wage | $7.25 | $7.25 |
| Rent Affordable at Minimum Wage | $377 | $377 |
| Work Hours/Week at Minimum Wage | Kentucky | Adair County |
|---|---|---|
| Zero-Bedroom | 56 | 47 |
| One-Bedroom | 63 | 49 |
| Two-Bedroom | 79 | 66 |
| Three-Bedroom | 108 | 86 |
| Four-Bedroom | 125 | 90 |
| Renter Wage | Kentucky | Adair County |
|---|---|---|
| Estimated Mean Renter Wage | $12.93 | $8.56 |
| Rent Affordable at Mean Renter Wage | $672 | $445 |
| Work Hours/Week at Mean Renter Wage | Kentucky | Adair County |
|---|---|---|
| Zero-Bedroom | 31 | 40 |
| One-Bedroom | 35 | 42 |
| Two-Bedroom | 45 | 56 |
| Three-Bedroom | 61 | 73 |
| Four-Bedroom | 70 | 77 |
| Supplemental Security Income (SSI) Payment | Kentucky | Adair County |
|---|---|---|
| SSI Monthly Payment | $750 | $750 |
| Rent Affordable to SSI Recipient | $225 | $225 |
| Income Levels | Kentucky | Adair County |
|---|---|---|
| 30% of Area Median Income (AMI) | $18,277 | $14,430 |
| Estimated Renter Median Household Income | $28,298 | $20,198 |
| Rent Affordable at Different Income Levels | Kentucky | Adair County |
|---|---|---|
| 30% of Area Median Income (AMI) | $457 | $361 |
| Estimated Renter Median Household Income | $707 | $505 |
*50th percentile FMR area (See Appendix B of full book for more information).
†Renter wage data not available.
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