Hickman County, Kentucky Housing Market

In Hickman County, Kentucky, the median home value is $115,700, with a median monthly rent of $718. This places Hickman County at #2710 nationally out of 3134 counties by median home value, and #96 within Kentucky.

Median Home Value $115,700
Median Rent $718/mo
Owner Occupancy 70.8%
Price/Rent Ratio 13.4

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

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Employment & Wages

687
jobs (private sector)
  • Avg weekly wage: $803
  • Establishments: 95
  • BLS QCEW, 2025
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Migration Patterns

+121
net migration (filers, 2021-2022)
  • Inflow: 1,612 (avg $55,702)
  • Outflow: 1,491 (avg $56,999)
  • IRS Statistics of Income

How Hickman County Compares

MetricHickman CountyKentucky AverageU.S. Average
Median Home Value $115,700 $160,835 $227,706
Median Gross Rent $718 $793 $968
Owner Occupancy Rate 70.8% 73.4% 73.3%
Price/Rent Ratio 13.4 16.6 18.7

Market Analysis

The median home value in Hickman County is 28.1% below the Kentucky state average and 49.2% below the U.S. national average. The median rent of $718/month is 9.5% below the state average.

With a price-to-rent ratio of 13.4, buying a home in Hickman County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Hickman County has an owner-occupancy rate of 70.8%, compared to 73.4% in Kentucky and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Coal County Oklahoma $115,700 $722
Caddo County Oklahoma $115,700 $734
Chattooga County Georgia $115,600 $790
Hamilton County Kansas $115,800 $909
Jackson Parish Louisiana $115,600 $736

Other Counties in Kentucky

CountyMedian Home ValueMedian RentOwner Occ.
Monroe County $115,900 $657 70.9%
Morgan County $118,200 $663 78.9%
Webster County $112,900 $783 73.8%
Caldwell County $118,500 $767 70.2%
Knox County $118,700 $681 65.3%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).