Boyd County, Kentucky

Income Data

+8% vs. Kentucky average
$60,659
Median Household Income
$31,192
Per Capita Income

At a Glance

Median Household Income
$60,659
+8% vs. state avg
Per Capita Income
$31,192
-21% vs. national
Income-to-Housing Ratio
48.0%
income as % of home value
Rank in Kentucky
#43 / 120
by median household income

How Boyd County Compares

Boyd County$60,659
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$60,659
Median Household Income
$31,192
Per Capita Income
$126,300
Median Home Value
48.0%
Income-to-Housing Ratio

Data Story

About Household Income in Boyd County, Kentucky

Boyd County trails national income levels

Boyd County's median household income of $60,659 falls 19% short of the national median of $74,755. This gap underscores economic pressures facing eastern Kentucky communities.

Strong performer among Kentucky counties

Boyd County's $60,659 median household income ranks above Kentucky's state average of $55,909, placing it in the upper tier statewide. Per capita income of $31,192 also exceeds the state benchmark of $29,616.

Outearning nearby Appalachian peers

Boyd County residents earn significantly more than Breathitt County ($41,101) and Breckinridge County ($53,673), though less than Boyle County ($61,635). This county punches above its weight regionally.

Rental costs slightly stretch incomes

At 16.6%, Boyd County's rent-to-income ratio approaches the upper edge of affordability guidelines, though it remains acceptable. The median home value of $126,300 is notably lower than state peers, improving overall housing accessibility.

Invest beyond the paycheck

Boyd County's above-average state income provides a foundation for wealth-building strategies. Explore employer 401(k) matches, health savings accounts, and low-cost index funds to stretch your earnings into long-term security.

Frequently Asked Questions

What is the median household income in Boyd County, Kentucky?
The median household income in Boyd County, Kentucky is $60,659, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Boyd County?
The per capita income in Boyd County is $31,192, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $60,659.
How does Boyd County compare to the Kentucky average?
Boyd County's median household income of $60,659 is higher than the Kentucky state average of $55,909. The per capita income is $31,192, compared to the state average of $29,616.
What is the per capita income in Boyd County, Kentucky?
The per capita income in Boyd County, Kentucky is $31,192, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Boyd County income higher than the Kentucky average?
Boyd County's median household income of $60,659 is higher than the Kentucky average of $55,909. This difference of $4,750 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Boyd County rank for income in Kentucky?
Boyd County ranks #43 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $60,659 and per capita income of $31,192, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Boyd County

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Your income is above the Boyd County median

County median: $60,659 per year

vs. County Median

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vs. State Average

+8%

vs. National Median

-19%

vs. Boyd County MedianAbout equal
vs. Kentucky Average8% above
vs. National Median19% below

Income Adequacy

Monthly income covers median rent6.0x

Your monthly income ($5,055) vs. median rent ($839/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.