Cost of living
Goforth-Locust Grove, Kentucky
(Goforth-Locust Grove is Located in Pendleton County)
Cost of living in Goforth-Locust Grove, Kentucky
Cost of living
compared to USA
low
Cost of living
compared to Kentucky
the highest
Median household
income
moderate
Is it expensive to live in Goforth-Locust Grove, Kentucky? When calculating the cost of living in Goforth-Locust Grove, 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 Goforth-Locust Grove, Kentucky is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Kentucky, while median household income in Goforth-Locust Grove is $53,798 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 Goforth-Locust Grove, Kentucky
The sales tax rate in Goforth-Locust Grove, Kentucky is 6.0%. Last year, the average property taxes paid was 1.0% Goforth-Locust Grove, Kentucky.
The state income tax in the state of Kentucky is 4.50%.
Housing costs in Goforth-Locust Grove, Kentucky
The average cost of
a single-family home
compated to USA
low
The average cost of
a single-family home
compated to Kentucky
moderate
In Goforth-Locust Grove, Kentucky, 79.0% of the population owns their homes, while approximately 21.0% rent. The average cost of a single-family home in Goforth-Locust Grove, Kentucky in 2023 is $205,682 which is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics 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 $778 per month.
Rental Size | Monthly Cost | Compared to Kentucky |
---|---|---|
1 Bedroom | $778 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
2 Bedroom | $1,014 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
3 Bedroom | $1,349 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
4 Bedroom | $1,512 | 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 56%
Housing units without a mortgage 44%
Housing units without a mortgage 44%
Housing units with a mortgage, contract to purchase, or similar debt 56%
Housing units with multiple mortgages 17%
Housing units with no second mortgage and no home equity loan 83%
Home equity loan without a primary mortgage 0%
Mortgage, with only second mortgage 13%
Mortgage, with only home equity loan 84%
Mortgage with both second mortgage and home equity loan 3%
Gross rent as a percentage of household income in the past 12 months (dollars):
Year Structure Built
The dynamics of changes in housing prices
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