Housing costs in Hampton?
A typical home costs
$133,400, which is 60.5% less expensive than the national average of
$338,100 and 31.3% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Hampton costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 22.7% cheaper than the state average of
$920.
Can I afford Hampton?
To live comfortably in Hampton (zip 42047), Kentucky, a minimum annual income of
$25,560 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Hampton?
The cost of living in 42047 Hampton, KY is relatively low compared to other cities. The median home value in the area is just over $82,000, which is lower than the U.S. average of roughly $200,000. Property taxes in Kentucky are among the lowest in the country, making it an attractive option for those looking to buy a home. Renters pay around $800 per month on average for a two-bedroom apartment, which is also much less expensive than the national rate of around $1,200. Groceries and other necessities are also fairly inexpensive here, with a meal out at a mid-range restaurant costing just under $30 on average. Residents of 42047 Hampton are able to enjoy all this while taking advantage of the state鈥檚 low overall tax burden.