Cost of Living in Owensboro, KY
Population: 60,112 • 2026 Data
$53,295
Median Household Income
-31% vs national
$900
Median Monthly Rent
-33% vs national
$162,900
Median Home Value
-52% vs national
4.8%
Unemployment Rate
Housing in Owensboro
The median home value in Owensboro, KY is $162,900. Monthly rent for a typical unit averages $900, while total monthly housing costs (including utilities and insurance) average $908.
Rent-to-income ratio: 20.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Owensboro, KY is $53,295. The unemployment rate stands at 4.8%, with a labor force of 28,364 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.