housing costs · Kentucky
Housing costs in Magoffin County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $730 | ± $44 | evidence → |
| 2019–2023 | $633 | ± $53 | evidence → |
| 2018–2022 | $623 | ± $70 | evidence → |
| 2017–2021 | $609 | ± $44 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $89,000 | ± $11,866 | evidence → |
| 2019–2023 | $88,300 | ± $16,847 | evidence → |
| 2018–2022 | $83,400 | ± $11,293 | evidence → |
| 2017–2021 | $77,900 | ± $8,999 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 36.2 % | ± 17.8 % | evidence → |
| 2019–2023 | 30.0 % | ± 9.4 % | evidence → |
| 2018–2022 | 25.8 % | ± 10.7 % | evidence → |
| 2017–2021 | 34.3 % | ± 15.0 % | evidence → |
In context
Median rent in Magoffin County is $730, below the Kentucky median of $773 across 120 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.