Shepherdsville, KY

Very Low · 66

Kentucky · Population 14,351 · Updated March 2026

$898
Median Rent / Month
$71,250
Median Income
$202,300
Median Home Value
$1,036
Owner Costs / Month

Affordability

How far your income goes in Shepherdsville

15.1%
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

$10,776
Annual Rent
$2,850
State Income Tax
$1,679
Property Tax (est.)

Cost of Living Overview

Shepherdsville is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 66 (where 100 equals the national median), Shepherdsville residents can expect to pay median rent of $898/month while earning a median household income of $71,250/year.

The median home value in Shepherdsville, KY is $202,300, with typical monthly owner costs around $1,036 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.1% 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 Shepherdsville.

Frequently Asked Questions

Common questions about living costs in Shepherdsville

What is the cost of living in Shepherdsville, KY?
The cost of living index in Shepherdsville, KY is 66 (US average = 100). Median monthly rent is $898, median household income is $71,250/year, and the median home value is $202,300.
Is Shepherdsville, KY affordable?
Yes, Shepherdsville is more affordable than the national average with a cost index of 66. The rent-to-income ratio is 15.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Shepherdsville, KY?
The median gross rent in Shepherdsville, KY is $898 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $10,776.
What is the median household income in Shepherdsville?
The median household income in Shepherdsville, KY is $71,250 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%.