Mount Washington, KY

Below Avg · 77

Kentucky · Population 18,228 · Updated March 2026

$919
Median Rent / Month
$93,852
Median Income
$253,700
Median Home Value
$1,314
Owner Costs / Month

Affordability

How far your income goes in Mount Washington

11.8%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Kentucky

State-level tax rates that affect your costs

4.0%
Income Tax (Top Rate)
6.0%
Sales Tax
0.83%
Property Tax Rate

Estimated Annual Costs

$11,028
Annual Rent
$3,754
State Income Tax
$2,106
Property Tax (est.)

Cost of Living Overview

Mount Washington is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 77 (where 100 equals the national median), Mount Washington residents can expect to pay median rent of $919/month while earning a median household income of $93,852/year.

The median home value in Mount Washington, KY is $253,700, with typical monthly owner costs around $1,314 including mortgage, insurance, and taxes. The median rent-to-income ratio of 11.8% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Kentucky has a moderate income tax rate of 4.0%. Combined with a 6.0% sales tax rate and 0.83% effective property tax rate, the overall tax environment is a factor in the total cost of living in Mount Washington.

Frequently Asked Questions

Common questions about living costs in Mount Washington

What is the cost of living in Mount Washington, KY?
The cost of living index in Mount Washington, KY is 77 (US average = 100). Median monthly rent is $919, median household income is $93,852/year, and the median home value is $253,700.
Is Mount Washington, KY affordable?
Yes, Mount Washington is more affordable than the national average with a cost index of 77. The rent-to-income ratio is 11.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Mount Washington, KY?
The median gross rent in Mount Washington, KY is $919 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,028.
What is the median household income in Mount Washington?
The median household income in Mount Washington, KY is $93,852 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Kentucky?
Kentucky has a top income tax rate of 4.0%, a sales tax of 6.0%, and an effective property tax rate of 0.83%.