Cost of Living in Nicholasville, KY
Population: 31,625 • 2026 Data
$67,514
Median Household Income
-13% vs national
$996
Median Monthly Rent
-26% vs national
$210,700
Median Home Value
-38% vs national
3.3%
Unemployment Rate
Housing in Nicholasville
The median home value in Nicholasville, KY is $210,700. Monthly rent for a typical unit averages $996, while total monthly housing costs (including utilities and insurance) average $1,101.
Rent-to-income ratio: 17.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Nicholasville, KY is $67,514. The unemployment rate stands at 3.3%, with a labor force of 15,562 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.