What is the homeownership rate in Kentucky?
Updated annually
About 69.5% in 2024. That means about 2 in 3 households owned their home while the remainder rented.
69.5%
of households in Kentucky owned their home in 2024
2 in 3
households in Kentucky owned their home in 2024
According to the Census Bureau, understanding homeownership rates can help determine if people's needs are met by available housing and can inform policy and funding decisions. The Kentucky homeownership rate in 2024 was 3.9 percentage points higher than the US homeownership rate overall.
Kentucky's homeownership rate in 2024 was 3.9 percentage points higher than the US.
Share of households that own their home
During the housing bubble of the mid-2000s, homeownership rates rose to a peak of 69% in 2004. When the housing bubble popped in 2007 and the Great Recession started, foreclosures increased and there was a shift from owning to renting: the homeownership rate declined through 2016, when it bottomed out at 63.4%. It then began to increase.
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Homeownership rates in Kentucky metro areas
Homeownership rates don't just shift over time — they also vary across places for many reasons, including economic conditions and demographic characteristics.
Across metro areas, the average homeownership rate was 63.9% in 2024.
Highlighting metro areas where at least one primary county is in Kentucky
In 2024, 63.9% of households located in metro areas owned their residence. Metro areas are made up of economically interconnected counties that include at least one urban area. A single metro area can include multiple cities and cross state lines. The metro areas with the highest and lowest homeownership rates were in Homosassa Springs, FL area, at 86.3% (highest) and the Los Angeles, CA area at 48.2% (lowest). In Kentucky, the rate was highest in Huntington, WV area, (73.8%) and lowest in Lexington, KY area (57.6%).
Homeownership rate, Kentucky metro areas (2024)
Metro areas where at least one of the primary counties is within Kentucky
| 1. | Huntington, WV area | 73.8% |
| 2. | Owensboro, KY area | 73.2% |
| 3. | Paducah, KY area | 72.5% |
| 4. | Louisville, KY area | 68.9% |
| 5. | Cincinnati, OH area | 68.6% |
| 6. | Elizabethtown, KY area | 66.5% |
| 7. | Bowling Green, KY area | 58.2% |
| 8. | Lexington, KY area | 57.6% |
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
