Cost of Living in Paducah

Paducah's cost of living runs genuinely affordable, anchored by low housing costs and the lowest property tax rate in McCracken County.

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Genuinely affordable housing

Paducah's average home value ran $184,557 (up ~6.7% YoY), though a July 2026 median sale price ran considerably higher at $232,000 -- a real, disclosed spread to confirm against current listings.

The lowest property tax rate in McCracken County

Paducah's own effective property tax rate ran approximately 0.79% -- genuinely the lowest of any location within McCracken County, per Ownwell, against a county median of 0.84%.

A real, distinct 2.0% city occupational tax

The City of Paducah's own occupational license fee runs 2.0% of wages earned within city limits -- a real, additional cost beyond Kentucky's flat 3.5% state income tax.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.