Cost of living
Corinth, Kentucky
(Corinth is Located in Grant County)
Cost of living in Corinth, Kentucky
Cost of living
compared to USA
low
Cost of living
compared to Kentucky
high
Median household
income
moderate
Is it expensive to live in Corinth, Kentucky? When calculating the cost of living in Corinth, Kentucky we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Corinth, Kentucky is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Kentucky, while median household income in Corinth is $57,679 which is moderate Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Kentucky.
Taxes in Corinth, Kentucky
The sales tax rate in Corinth, Kentucky is 6.0%. Last year, the average property taxes paid was 0.8% Corinth, Kentucky.
The state income tax in the state of Kentucky is 4.50%.
Housing costs in Corinth, Kentucky
The average cost of
a single-family home
compated to USA
low
The average cost of
a single-family home
compated to Kentucky
high
In Corinth, Kentucky, 80.0% of the population owns their homes, while approximately 20.0% rent. The average cost of a single-family home in Corinth, Kentucky in 2023 is $223,786 which is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Kentucky. The average one-bedroom apartment cost is approximately $742 per month.
| Rental Size | Monthly Cost | Compared to Kentucky |
|---|---|---|
| 1 Bedroom | $742 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $873 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $1,170 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $1,409 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Utility Expenses for Occupied Housing Units per Month
Electric Bill
Gas Bill
Water and Sewer Bill
Expenses for Other House Heating Fuels
Mortgage status:
Housing units with a mortgage, contract to purchase, or similar debt 46%
Housing units without a mortgage 54%
Housing units without a mortgage 54%
Housing units with a mortgage, contract to purchase, or similar debt 46%
Housing units with multiple mortgages 7%
Housing units with no second mortgage and no home equity loan 93%
Home equity loan without a primary mortgage 0%
Mortgage, with only second mortgage 70%
Mortgage, with only home equity loan 30%
Mortgage with both second mortgage and home equity loan 0%
Gross rent as a percentage of household income in the past 12 months (dollars):
Year Structure Built
The dynamics of changes in housing prices
Cities Near Corinth, KY
Get detailed information on cities nearest to Corinth, KY
Monterey-New Columbus, KY
Location data:
Low sales tax
High % of land with trees
Industry diversity
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The disclosed APR is the “par” rate with NO discount points. Interest rate quoted assumes a purchase or rate-term refinance with 30 day lock pricing at 80% loan-to-value (LTV), a minimum FICO score of 760 on a primary residence. The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by the Lender. This rate is available at GenNext Mortgage partner, rates of other partners may differ. Not available in all states. Not all applicants will qualify. Rates and terms are effective on and are subject to change without notice.