Floyd County, Kentucky
Income Data
At a Glance
How Floyd County Compares
Detailed Income Statistics
Data Story
About Household Income in Floyd County, Kentucky
Floyd County trails U.S. by 44%
Floyd County's median household income of $41,582 falls $33,173 short of the national median of $74,755—a 44% gap. Floyd ranks among the lowest-earning counties nationally, reflecting its coal-dependent economy's structural decline.
Second-lowest in Kentucky
Floyd's median income of $41,582 ranks near the bottom statewide, trailing Kentucky's average of $55,909 by 26%. Only Fulton County earns less among all profiled Kentucky counties.
Lowest earner among peers
Floyd ($41,582) ranks eighth and last among the eight comparison counties, trailing even struggling Estill ($43,905). Floyd's median household income reflects the region's ongoing economic transition away from coal mining.
Housing costs strain tight budgets
Floyd's rent-to-income ratio of 20.6% is the highest among profiled counties, signaling housing cost pressure on working families. With median home values at $93,300, homeownership remains challenging despite lower absolute prices.
Strategic planning amid economic transition
Floyd households earning $41,582 face tight margins, making budgeting and emergency savings critical priorities. Even $25–50 monthly into a savings account builds resilience during economic transitions and job changes.
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Income Comparison Calculator
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Your income is above the Floyd County median
County median: $41,582 per year
vs. County Median
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vs. State Average
-26%
vs. National Median
-44%
Income Adequacy
Your monthly income ($3,465) vs. median rent ($713/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.