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Cost of living, pay and housing

37.46° N · 82.73° W · GEOID 2148954

McDowell

Floyd County, Kentucky · part of the Pikeville, KY metro

Limited data population under 5,000, core figures borrowed from county or metro: median_household_income, median_gross_rent, median_home_value

KentuckyMcDowell, KYMcDowellMcDowell

The short answer

McDowell is home to 718 people. Median household income is $41,279 a year and median rent is $672 a month, 19.5% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $98,700, about 2.4x annual median household income.

Median gross rent
$672
51% below the median place
Median household income
$41,279
49% below the median place
Median home value
$98,700
69% below the median place
Unemployment
7.7%
57% above the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about McDowell

  • Household income has grown -12.6% a year across the last five survey releases, slower than in 99% of the 2,480 places under 10,000 people we track. It is the lowest of 85 Kentucky places.
  • 72.4% of residents live below the poverty line, more than in 99% of places its size. It is the highest of 81 Kentucky places.
  • Only 0% of workers mostly work from home, fewer than in 99% of places its size. It is the lowest of 78 Kentucky places.
  • 0% of residents were born outside the US, fewer than in 99% of places its size. It is the lowest of 62 Kentucky places.
  • The median home is worth 2.4 years of the median household's income, fewer than in 87% of places its size.
01

Moving to McDowell

Floyd County loses about 9.1 residents per 1,000 a year to moves between counties.

Moved in993
Moved out1,211
Net−218

Where people come from and where they go, top counties

Pike County, KY240258−18
Johnson County, KY130226−96
Knott County, KY6394−31
Magoffin County, KY62

Within Kentucky, other states or abroad

Arrivals
Leavers
Within KentuckyOther states

Income per tax return

Arrivals$36K
Leavers$44K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Floyd County; flows under 20 returns are not published.

Who moves here
3.6% of residents arrived from another county in the past year, 0.0% from another state. County figure.
Who arrives and who leaves
Households moving into Floyd County report $36,300 a year in income on average; those leaving, $43,800, so leavers earn more than newcomers.
Income you would need
$26,900 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $672 a month; owners with a mortgage pay $1,189 a month including taxes and insurance, on a median home of $98,700.
Getting to work
27 minutes each way on average; 0.0% work from home.
If it is close but not quite
Cambridge, OH matches it on character. Compare the two
Moved from another state1
0.0%
below the median place (median 2.0%)
Income of households moving in6
$36,342
49% below the median place
Income of households moving out6
$43,822
38% below the median place
All 5 moving measures
MeasureMcDowellAmong 6,645 placesVs median
Moved here in the past year1County figure3.6%38% below
Moved from another state10.0%below (median 2.0%)
Net movers per 1,000 people6County figure-9.1below (median -0.6)
Income of households moving in6County figure$36,34249% below
Income of households moving out6County figure$43,82238% below
02

What it costs to live here

Home price to income is 2.4x, 37% below the median place.

McDowell19.5%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$26,880
a year, at the 30% line
Rent to income
19.5%
4% below the median place
Home price to income
2.4x
37% below the median place

Could you afford it?

The median rent would take
20%
comfortably under the 30% line
Left after rent, in US prices
$32,900
a year, prices not adjusted
Vs the typical household here
Same
as the median household

Uses the median rent in McDowell, $672 a month. It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in McDowell.

Sponsored · exampleMoving to McDowell? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Homeownership1
60.4%
9% below the median place
Property tax rate1
0.8%
16% below the median place
Median year built1
1977
0% below the median place
All 15 cost and housing measures
MeasureMcDowellAmong 6,645 placesVs median
Median gross rent1County figure$67251% below
Rent to income119.5%4% below
Property tax rate10.8%16% below
Home price to income12.4x37% below
Fair market rent, 2 bedrooms2County figure$92543% below
HUD area median income3County figure$60,70043% below
Property tax paid (median)1County figure$74877% below
Median home value1County figure$98,70069% below
Home prices, 1-year change4County figure-1.1%below (median 3.2%)
Home prices, 5-year change4County figure27.3%47% below
Homeownership160.4%9% below
Renters paying 30%+1County figure43.5%14% below
Owner costs with a mortgage1County figure$1,18936% below
Vacant homes1County figure16.0%127% above
Median year built119770% below
03

Work and pay

Poverty rate is 72.4%, above the median place (median 10.8%).

Poverty rate1
72.4%
above the median place (median 10.8%)
Works from home1
0.0%
below the median place (median 12.4%)
Commutes by transit1
0.0%
below the median place (median 0.8%)
All 10 work and pay measures
MeasureMcDowellAmong 6,645 placesVs median
Median household income1County figure$41,27949% below
Income per person1$9,66476% below
Unemployment1County figure7.7%57% above
Average annual pay5County figure$49,12826% below
Pay growth, 1 year5County figure3.5%5% below
Jobs5County figure11,09993% below
Poverty rate172.4%above (median 10.8%)
Mean commute1County figure27 min9% above
Works from home10.0%below (median 12.4%)
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Born abroad is 0.0%, below the median place (median 8.8%).

Born abroad1
0.0%
below the median place (median 8.8%)
Homes with broadband1
76.1%
18% below the median place
High school or higher1
82.8%
10% below the median place
All 8 people measures
MeasureMcDowellAmong 6,645 placesVs median
Population17186646th largest
Median age1County figure42.810% above
Bachelor's or higher1County figure15.3%52% below
High school or higher182.8%10% below
Household size12.210% below
Born abroad10.0%below (median 8.8%)
No health insurance1County figure5.2%19% below
Homes with broadband176.1%18% below
05

Life in McDowell

15 sites are on the National Register of Historic Places, one of them a National Historic Landmark.

Businesses per 10,000 residents (county figures)

Restaurants and bars12.5 −40%
Shops42.6 +41%
Arts, recreation and fitness2.0 −51%
Doctors' offices and clinics23.3 +15%
Child care centers0.9 −61%

Counts businesses with paid staff, so small owner-run shops are not included.

Child care centers per 10k7
0.9
61% below the median place
Restaurants and bars per 10k7
12.5
40% below the median place
Shops per 10k7
42.6
41% above the median place
All 9 schools and local life measures
MeasureMcDowellAmong 6,645 placesVs median
Public schools9County figure1567% above
Public school students9County figure5,3479% above
Students per teacher9County figure15.51% above
Restaurants and bars per 10k7County figure12.540% below
Shops per 10k7County figure42.641% above
Arts, recreation and fitness per 10k7County figure2.051% below
Doctors' offices and clinics per 10k7County figure23.315% above
Child care centers per 10k7County figure0.961% below
National Register listings8County figure1515% above
06

Safety, weather and risk

Tornado risk is 35.6, 56% below the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached McDowell. Larger places are fetched first.

Tornado risk11
35.6
56% below the median place
Heat wave risk11
58.2
35% below the median place
Wildfire risk11
86.3
41% above the median place
All 9 weather and risk measures
MeasureMcDowellAmong 6,645 placesVs median
July average high10County figure87°F0% below
January average low10County figure26°F1% above
Average temperature10County figure56°F3% above
Annual precipitation10County figure47.2 in8% above
Natural hazard risk11County figure94.22% above
Hurricane risk11County figure50.828% below
Tornado risk11County figure35.656% below
Wildfire risk11County figure86.341% above
Heat wave risk11County figure58.235% below
08

McDowell in 2030: where the trends point

If recent trends hold, the median rent will take about 21% of the median income in 2030, about the same as 21% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$255/mo (2024)$310/mo$250 to $370/mo+3.1%
Median household income$14,474 (2024)$17,000$14,500 to $20,500+2.9%
Median home value$73,100 (2024)$97,000$70,000 to $133,000+4.8%

The median home would be worth 5.6 years of the median income in 2030, against 5.1 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like McDowell

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Cambridge, OH$788$42,946Compare
Louisville, MS$617$36,985Compare
Bennettsville, SC$671$37,115Compare
Roanoke, AL$666$47,105Compare
Roanoke, ALBennettsville, SCLouisville, MSCambridge, OHMcDowell, KYMcDowellCambridgeLouisvilleBennettsvilleRoanokeMcDowellCambridgeLouisvilleBennettsvilleRoanoke

Common questions

Is McDowell a good place to live?

It depends on what you need, so here is what the numbers say. Household income has grown -12.6% a year across the last five survey releases, slower than in 99% of the 2,480 places under 10,000 people we track. It is the lowest of 85 Kentucky places. 72.4% of residents live below the poverty line, more than in 99% of places its size. It is the highest of 81 Kentucky places. On cost, space and class size it scores 31 out of 100 for families. See how it ranks with your own weights.

Is McDowell expensive to live in?

The median rent takes 19.5% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $98,700.

What salary do you need to live in McDowell?

To rent the median home without spending more than 30% of income on rent, a household needs about $26,880 a year. Work it out from your current city.

What places are similar to McDowell?

On income, rent, home value, education and age, the closest matches are Cambridge, OH, Louisville, MS, Bennettsville, SC and Roanoke, AL.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  3. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  7. County Business Patterns · US Census Bureau · 2023 data
  8. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  9. Common Core of Data · National Center for Education Statistics · 2024 release
  10. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  11. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares McDowell with places of a similar size, using only figures measured for McDowell itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/mcdowell-kentucky

Citytistics. “McDowell, Kentucky.” Data as of 2026-11-14. https://www.citytistics.com/city/mcdowell-kentucky/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.