Cost of Living in Hopkinsville, KY

Population 31,011 · Kentucky · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Hopkinsville's median household income of $47,428 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (20% here). At 8.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Hopkinsville sits roughly 20 miles northwest of Clarksville. Median home values run roughly 41% lower than Clarksville's $236,000.

Cost Overview

Housing 46
Rent 66

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Hopkinsville

The median home value in Hopkinsville is $140,200 — 54% below the national median of $305,000. Median rent runs $869/month, 34% lower than the national median of $1,314/month. The median household income of $47,428/year is 36% lower than the US median of $74,580. The local unemployment rate is 8.2%, above the national average of 4.8%. Kentucky's top state income tax rate is 4.0% and the combined sales tax is 6.0%. The climate averages highs of 69.1°F and lows of 47.7°F. Overall, Hopkinsville has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$140,200
54% below avg
Zillow Home Value
$194,503
Zillow ZHVI
Median Rent
$869/mo
34% below avg
Zillow Rent
$1,093/mo
Zillow ZORI
Price-to-Rent Ratio
13.4x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$636
1 BR
$721
2 BR
$872
3 BR
$1,187
4 BR
$1,336
Owner-occupied 50.3%
Renter-occupied 49.7%

💰 Estimated Monthly Budget

Rent median rent
$869
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,483/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.0 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.2%

Commute Mode

Drove alone
85.5%
Carpooled
8.9%
Public transit
0.0%
Walked
0.8%
Bicycle
0.3%
Work from home
3.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.0%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$47,428
36% below avg
Per Capita Income
$26,815
Unemployment Rate
8.2%
69% above avg
Poverty Rate
20.1%
Labor Force Participation
54.3%

🎓 Education

Bachelor's degree+ 15.7%
Graduate degree 6.5%

👥 Demographics

Median Age 35.1
Male median age 32.4
Female median age 39.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.1°F
Avg Low
47.7°F
Annual Precip
47.2"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 465160707886898982725949
Low °F 283138475764686659473731
Precip" 3.283.874.324.554.903.653.742.903.474.134.044.36

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
58.4%
Good air days/yr
117
Max AQI recorded
272
PM2.5 days
93
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

93%
4-Year Graduation Rate
17.9:1
Student-teacher ratio
18
Public schools
9,045
Total enrollment

Frequently Asked Questions

What is the cost of living in Hopkinsville, KY?

Hopkinsville has a cost index of 54 (100 = national average). It is 46% below the national average.

What is average rent in Hopkinsville, KY?

The median gross rent in Hopkinsville is $869 per month based on 2023 Census data.

What is the average home price in Hopkinsville?

The median home value in Hopkinsville is $140,200 according to Zillow and Census data.

What is the median income in Hopkinsville?

The median household income in Hopkinsville is $47,428 per year (2023 ACS 5-year estimates).

What is the sales tax in Hopkinsville, KY?

The combined state and local sales tax rate in Hopkinsville is 6.0%. The Kentucky state income tax top rate is 4.0%.

Is Hopkinsville, KY affordable?

Yes, Hopkinsville is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.

What is the weather like in Hopkinsville?

Hopkinsville has average high temperatures of 69.1°F and average lows of 47.7°F. Annual precipitation is 47.2". Data from NOAA 1991–2020 Climate Normals.

Hopkinsville at a Glance

Population
31,011
Median Income
$47,428
Home Value
$140,200
Median Rent
$869/mo
Unemployment
8.2%
Avg High Temp
69.1°F
Sales Tax
6.0%
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