Cost of Living in Hopkinsville, KY
Population: 31,011 • 2026 Data
$47,428
Median Household Income
-39% vs national
$869
Median Monthly Rent
-36% vs national
$140,200
Median Home Value
-59% vs national
8.0%
Unemployment Rate
Housing in Hopkinsville
The median home value in Hopkinsville, KY is $140,200. Monthly rent for a typical unit averages $869, while total monthly housing costs (including utilities and insurance) average $847.
Rent-to-income ratio: 22.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Hopkinsville, KY is $47,428. The unemployment rate stands at 8.0%, with a labor force of 13,120 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.