Here's what it costs to live in Nicholasville, Kentucky, based on the latest US government data. Renters pay a median of $996 per month, while the typical home is valued around $210,700. Households earn a median of $67,514 per year, leaving rent at a manageable share of income for many residents. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$67,514
Annual · Census ACS
Median Gross Rent
$996
Per month · Census ACS
Median Home Value
$210,700
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
4.00%
Top marginal rate
State Sales Tax
6.00%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
31,625
Latest estimate
Median Age
38.2 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Nicholasville?
The cost of living index for Nicholasville is not yet available in our database.
What is the median rent in Nicholasville?
The median gross rent in Nicholasville is $996 per month according to US Census ACS data.
What is the median household income in Nicholasville?
The median household income in Nicholasville is $67,514 per year.
What is the median home value in Nicholasville?
The median home value in Nicholasville is $210,700 based on the latest Census ACS survey.
How is the air quality in Nicholasville?
Air quality data for Nicholasville is not yet available.
What are the taxes like in Nicholasville?
Kentucky has a top state income tax rate of 4.00% and a statewide sales tax of 6.00% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology