Cost of Living in Williamsburg, KY

Population 5,226 · Kentucky · Data vintage 2023

42
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Williamsburg run well below national norms — a median of $32,431 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $109,000). At 6.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Williamsburg is about 55 miles north of Knoxville, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 49% lower than Knoxville's $214,000.

Cost Overview

Housing 36
Rent 52

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

About the Cost of Living in Williamsburg

The median home value in Williamsburg is $108,800 — 64% below the national median of $305,000. Median rent runs $685/month, 48% lower than the national median of $1,314/month. The median household income of $32,431/year is 57% lower than the US median of $74,580. The local unemployment rate is 6.7%, 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 67.5°F and lows of 46.2°F. Overall, Williamsburg has a cost of living index of 42 versus the US average of 100, meaning it is 58% less expensive.

🏠 Housing

Median Home Value
$108,800
64% below avg
Zillow Home Value
$120,396
Zillow ZHVI
Median Rent
$685/mo
48% below avg
Price-to-Rent Ratio
13.2x
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 35.0%
Renter-occupied 65.0%

💰 Estimated Monthly Budget

Rent median rent
$685
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,299/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
15.0 min
44% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.5%

Commute Mode

Drove alone
72.4%
Carpooled
10.7%
Walked
9.7%
Bicycle
0.7%
Work from home
6.5%

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
$32,431
57% below avg
Per Capita Income
$18,829
Unemployment Rate
6.7%
40% above avg
Poverty Rate
31.6%
Labor Force Participation
46.4%

🎓 Education

Bachelor's degree+ 7.4%
Graduate degree 13.0%

👥 Demographics

Median Age 25.9
Male median age 24.8
Female median age 27.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
67.5°F
Avg Low
46.2°F
Annual Precip
51.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 455058697784868680705849
Low °F 273036455462666558453630
Precip" 3.894.024.574.655.045.065.163.973.553.293.524.54

🏫 Schools

NCES CCD 2019 — public school district data

95.3%
4-Year Graduation Rate
15.3:1
Student-teacher ratio
12
Public schools
5,255
Total enrollment

Frequently Asked Questions

What is the cost of living in Williamsburg, KY?

Williamsburg has a cost index of 42 (100 = national average). It is 58% below the national average.

What is average rent in Williamsburg, KY?

The median gross rent in Williamsburg is $685 per month based on 2023 Census data.

What is the average home price in Williamsburg?

The median home value in Williamsburg is $108,800 according to Zillow and Census data.

What is the median income in Williamsburg?

The median household income in Williamsburg is $32,431 per year (2023 ACS 5-year estimates).

What is the sales tax in Williamsburg, KY?

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

Is Williamsburg, KY affordable?

Yes, Williamsburg is generally considered affordable, with a cost of living index of 42 — about 58% below the US national average of 100.

What is the weather like in Williamsburg?

Williamsburg has average high temperatures of 67.5°F and average lows of 46.2°F. Annual precipitation is 51.3". Data from NOAA 1991–2020 Climate Normals.

Williamsburg at a Glance

Population
5,226
Median Income
$32,431
Home Value
$108,800
Median Rent
$685/mo
Unemployment
6.7%
Avg High Temp
67.5°F
Sales Tax
6.0%
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