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Garrard County

Learn about the people, housing, costs and businesses in Garrard County County

Median Home$198,975
Median Rent$842/month
Population17,568
Leading IndustriesTransportation · Wholesale Trade · Public Administration4% transportation
Home Value Growth⬆⬆+15.7% over 2 years
Young Adults25% of residents
Homeowners80% of occupied units
Garrard County
KY

Frequently Asked Questions

What are today's mortgage rates in Garrard County?

As of today, the 30-year fixed mortgage rate for Garrard County is approximately 7.109% (7.137% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Garrard County
What is the median home price in Garrard County?

The median home value in Garrard County is $199k. The median monthly rent is $842. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Garrard County?

Home values in Garrard County have increased 15.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Garrard County?

Based on a typical all-in ownership cost of $886/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Garrard County is $62k/year.

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What industries drive the economy in Garrard County?

The largest employment sectors in Garrard County are public administration (26%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas