1st Advantage MortgageIn Gallatin County, Kentucky, the typical household earns $63,346 a year and the typical rent is $832. Those figures describe the county, not you: compare at least three written offers by APR and total cost, and confirm the lender's license before you apply.
On this page
- Getting oriented in Gallatin County
- Work, industries and travel time in Gallatin County
- What Gallatin County households earn
- Rent, home values and ownership in Gallatin County
- Gallatin County next to its neighbors
- Places inside Gallatin County
- Debt-to-income at Gallatin County's medians
- Before borrowing in Gallatin County
- Gallatin County residents: age, schooling, coverage
- A Gallatin County borrower's checklist
- Licensing and complaints for Gallatin County
- Related local guides
- Frequently asked questions
Getting oriented in Gallatin County
With an estimated 8,769 residents (ACS 2020 to 2024), Gallatin County ranks 106th of 120 in Kentucky for population. Land area is 98 square miles (2024 Gazetteer), so density runs near 89 per square mile. For statistical purposes it belongs to the Cincinnati, OH-KY-IN metro area, as delineated by the Office of Management and Budget in July 2023. The Census Bureau counts 3 places in the county (3 incorporated, 0 census-designated); the largest is Warsaw, with about 2,072 residents, or 24% of the county. With so few households sampled, Gallatin County estimates can move a lot between releases.
Work, industries and travel time in Gallatin County
By the Census industry count, 24% of employed Gallatin County residents work in manufacturing and 17% in education and health care. Manufacturing stands out: 24% of workers here, versus 14% statewide. The survey's unemployment rate for Gallatin County averages 4.6% over 2020 to 2024 (state: 4.9%). 20% of commuters travel 45 minutes or more each way, and 5% work from home. Households without a car make up 5.3% of the total (6.8% statewide).
| Sector | Gallatin County | Compared with Kentucky |
|---|---|---|
| Manufacturing | 23.6% | +9.3 pts |
| Education and health care | 16.9% | -7.4 pts |
| Retail trade | 11.5% | -0.1 pts |
| Transportation, warehousing and utilities | 10.1% | +3.1 pts |
| Arts, lodging and food service | 8.0% | +0.1 pts |
| Construction | 7.6% | +1.3 pts |
A lender verifies what your own job pays. The county's industry mix tells you about the local economy, not about your application.
What Gallatin County households earn
At $63,346, the typical Gallatin County household income is 4% below the median U.S. county ($65,681). Only 35 Kentucky counties post a higher median.
| Household income | Gallatin County | vs Kentucky |
|---|---|---|
| Under $35,000 | 25.5% | -2.5 pts |
| $35,000 to $99,999 | 45.5% | +3.6 pts |
| $100,000 to $199,999 | 25.1% | +2.2 pts |
| $200,000 or more | 3.9% | -3.3 pts |
About 25% of households earn under $35,000, while 29% clear $100,000. Census counts 13.8% of Gallatin County residents in poverty, against 16.1% across Kentucky. If your income is irregular, as it often is with tips, gig work or seasonal jobs, plan around your leaner months rather than the Gallatin County median.
Rent, home values and ownership in Gallatin County
Median gross rent, utilities included, comes to $832 in Gallatin County versus $967 statewide. 37% of renting households spend 30% or more of income on rent, and 12% spend half or more. With a median value of $178,200, a typical Gallatin County house costs 2.8 times what the median household earns in a year. The ownership rate is 75%. Half the housing stock was built before 1993.
| Measure | Gallatin County | Kentucky | Median U.S. county |
|---|---|---|---|
| Median gross rent | $832/mo | $967/mo | $877/mo |
| Median home value | $178,200 | $205,600 | $185,300 |
| Owners | 75% | 68% | 75% |
| Rent-burdened renters | 37% | 45% | 45% |
| Burdened owners | 21% | 23% | n/a |
| Mobile homes | 25.3% | 10.7% | n/a |
In an owner-heavy county like Gallatin County, many borrowers can also choose a home equity loan or line of credit. Those can price lower but put the house on the line, so compare the two in writing; our personal loan vs. HELOC guide walks through it.
Gallatin County next to its neighbors
Switzerland County is closest, 10 miles from center to center; the sixth, Owen County, is 18 miles off. Boone County leads the group on income ($99,414), Carroll County trails ($56,466), and Gallatin County out-earns 2 of the six. Some neighbors are in Indiana. Lender licensing is state by state, so a loan for a Gallatin County resident follows Kentucky rules.
| Neighbor | Distance | Income | Rent | Own |
|---|---|---|---|---|
| Gallatin County | - | $63,346 | $832/mo | 75% |
| Switzerland County, IN | 10 mi | $65,343 | $758/mo | 79% |
| Ohio County, IN | 14 mi | $70,392 | $898/mo | 81% |
| Grant County, KY | 15 mi | $69,178 | $862/mo | 75% |
| Carroll County, KY | 15 mi | $56,466 | $910/mo | 66% |
| Boone County, KY | 16 mi | $99,414 | $1,373/mo | 76% |
| Owen County, KY | 18 mi | $61,134 | $830/mo | 88% |
Places inside Gallatin County
The table lists the 3 largest of 3 Census places in Gallatin County, by population. Together all 3 hold about 2,663 people, so roughly 70% of residents live outside any named place. This guide covers each of the 3 places and the rural areas around them.
| Name | Kind | Pop. | Income | Rent | Miles |
|---|---|---|---|---|---|
| Warsaw | city | 2,072 | $60,769 | $757 | 2 mi |
| Glencoe | city | 319 | $46,905 | $1,028 | 3 mi |
| Sparta | city | 272 | $51,375 | $1,063 | 5 mi |
Debt-to-income at Gallatin County's medians
Here is the Gallatin County median household run through a simple DTI check. Your numbers will differ.
- $5,279 a month: gross income for a household at the Gallatin County median
- Less median rent of $832, which is 16% of it
- 35% debt-to-income limit: $1,016 left for all other debt payments
- With a 45% ceiling, about $1,543 remains for car, card, student and any new loan payments
Subtract what you already pay on other debts. A new payment should fit in what remains, with some to spare.
Before borrowing in Gallatin County
What the Gallatin County figures suggest, and what to check first:
- Vehicle repairs. 20% of Gallatin County workers commute 45+ minutes, so a breakdown can cost a paycheck. Get two written estimates.
- Manufactured homes. 25% of Gallatin County housing units are mobile homes, and their repairs are often paid with unsecured loans. Get the quote in writing.
- Advance-fee offers. No legitimate lender asks a Gallatin County borrower to pay first (scam signs).
Gallatin County residents: age, schooling, coverage
College graduates make up 15% of the adult population. 8.4% of residents have no health coverage.
| Indicator | Gallatin County | All of Kentucky | U.S. county median |
|---|---|---|---|
| Median age | 39.6 | 39.1 | 41.5 |
| Bachelor's or higher | 15.0% | 27.6% | 22.2% |
| No high school diploma | 15.4% | 11.1% | n/a |
| No health insurance | 8.4% | 6.0% | 7.8% |
| No vehicle | 5.3% | 6.8% | 5.4% |
| Work from home | 4.5% | 10.2% | 8.7% |
| Poverty rate | 13.8% | 16.1% | 13.2% |
| Unemployment (ACS) | 4.6% | 4.9% | 4.4% |
| Commute length | Gallatin County |
|---|---|
| Under 15 min | 19.9% |
| 15 to 29 min | 27.7% |
| 30 to 44 min | 32.4% |
| 45 to 59 min | 13.5% |
| 60+ min | 6.5% |
A Gallatin County borrower's checklist
Four checks before you sign anything:
- Know the exact dollar figure you need before talking to a lender.
- Compare the total repaid on every offer, not just the payment.
- Verify the Kentucky license before giving out your Social Security number.
- Confirm the first due date before setting up autopay.
Licensing and complaints for Gallatin County
The Kentucky Department of Financial Institutions is the place to verify any lender's Kentucky license. A CFPB complaint gets forwarded to the company for a response. See the Kentucky state guide for the statewide picture.
Related local guides
The Kentucky guide covers the whole state.
Frequently asked questions
What is the median household income in Gallatin County?
$63,346 a year in the 2020 to 2024 Census survey, versus $63,726 for Kentucky. It ranks 36th of 120 in the state.
What do renters pay in Gallatin County?
$832 a month at the median, about 16% of median household income.
Does this page cover Warsaw?
Yes, along with the other 2 Census places in Gallatin County, such as Glencoe, Sparta.
Can Gallatin County residents use the questionnaire?
Yes. It asks the same questions in every Kentucky county, lists every requirement up front and does not affect your credit score.
Who regulates personal lenders for Gallatin County residents?
The Kentucky Department of Financial Institutions licenses consumer lenders in Kentucky; the CFPB takes complaints about any lender, and the FTC wants to hear about fee-first offers.