Cost of Living in Scottsville, KY

Population 4,391 · Kentucky · Data vintage 2023

47
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Scottsville's median household income of $36,259 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 (24% here). At 11.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Scottsville is about 50 miles northeast of Nashville-Davidson, the nearest large metro. Median home values run roughly 63% lower than Nashville-Davidson's $383,000.

Cost Overview

Housing 46
Rent 47

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

About the Cost of Living in Scottsville

The median home value in Scottsville is $140,600 — 54% below the national median of $305,000. Median rent runs $621/month, 53% lower than the national median of $1,314/month. The median household income of $36,259/year is 51% lower than the US median of $74,580. The local unemployment rate is 11.2%, 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%. Overall, Scottsville has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.

🏠 Housing

Median Home Value
$140,600
54% below avg
Zillow Home Value
$203,952
Zillow ZHVI
Median Rent
$621/mo
53% below avg
Price-to-Rent Ratio
18.9x
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 48.0%
Renter-occupied 52.0%

💰 Estimated Monthly Budget

Rent median rent
$621
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,235/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
23.4 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.0%

Commute Mode

Drove alone
77.7%
Carpooled
19.5%
Public transit
1.8%
Work from home
1.0%

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
$36,259
51% below avg
Per Capita Income
$31,365
Unemployment Rate
11.2%
133% above avg
Poverty Rate
24.4%
Labor Force Participation
60.4%

🎓 Education

Bachelor's degree+ 7.1%
Graduate degree 4.8%

👥 Demographics

Median Age 37.5
Male median age 40.5
Female median age 35.8

🏫 Schools

NCES CCD 2019 — public school district data

93%
4-Year Graduation Rate
17.1:1
Student-teacher ratio
5
Public schools
3,172
Total enrollment

Frequently Asked Questions

What is the cost of living in Scottsville, KY?

Scottsville has a cost index of 47 (100 = national average). It is 53% below the national average.

What is average rent in Scottsville, KY?

The median gross rent in Scottsville is $621 per month based on 2023 Census data.

What is the average home price in Scottsville?

The median home value in Scottsville is $140,600 according to Zillow and Census data.

What is the median income in Scottsville?

The median household income in Scottsville is $36,259 per year (2023 ACS 5-year estimates).

What is the sales tax in Scottsville, KY?

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

Is Scottsville, KY affordable?

Yes, Scottsville is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.

Scottsville at a Glance

Population
4,391
Median Income
$36,259
Home Value
$140,600
Median Rent
$621/mo
Unemployment
11.2%
Sales Tax
6.0%
View all cities in Kentucky →
🗺️ County data for Kentucky

Explore county-level cost of living data

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