Pay and cost of living in Spencer County, KY
Spencer County, KY is part of the Louisville/Jefferson County, KY-IN labor market, and this page summarizes 18 occupations with published wages there. The median of their median salaries is $41,910 a year. The best-paid occupation listed is General and Operations Managers at $89,140, and the lowest is Fast Food and Counter Workers at $28,690.
A one-bedroom apartment in Spencer County, KY has a HUD Fair Market Rent of $1,058 a month and a two-bedroom $1,276. Rent, food, home energy and gasoline for one adult add up to $19,476 a year. After federal, FICA and state income taxes, the average occupation here takes home $36,929 a year, and every one of the 18 occupations listed here earns enough take-home pay to cover the four basics.
Each occupation links to a detailed page with gross pay, take-home pay, rent, food and energy costs, and the monthly budget margin. All pages share one method, which makes it easy to compare jobs inside Spencer County, KY or against other counties.
Housing, taxes and commute in Spencer County, KY
The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Spencer County, KY, set beside the Kentucky and national medians.
Median household income in Spencer County, KY is $102,618, 61% above the Kentucky median of $63,726 and $80,734 nationally. A year of one-bedroom Fair Market Rent ($12,696) equals 12.4% of that income. The median of the occupation medians listed here, $41,910, is 59% below household income, which is expected because a household can hold more than one earner.
Homeowners in Spencer County, KY pay a median of $2,188 a year in real estate taxes, 42% above the Kentucky median of $1,544. With a median home value of $330,000, 61% above the Kentucky median of $205,600, the ratio of the two medians is 0.66% a year.
Renters in Spencer County, KY pay a median gross rent of $987 a month in the Census survey, 2% above the Kentucky median of $967. HUD's one-bedroom Fair Market Rent used for the budgets on this site is $1,058; the Census figure covers rental units of every size.
Workers in Spencer County, KY who travel to a workplace spend an average of 32.7 minutes each way, 36% above the Kentucky average of 24.0. 13.3% of workers work from home, compared with 15.1% nationally.