Floyd County, Kentucky

Income Data

-26% vs. Kentucky average
$41,582
Median Household Income
$26,142
Per Capita Income

At a Glance

Median Household Income
$41,582
-26% vs. state avg
Per Capita Income
$26,142
-34% vs. national
Income-to-Housing Ratio
44.6%
income as % of home value
Rank in Kentucky
#101 / 120
by median household income

How Floyd County Compares

Floyd County$41,582
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$41,582
Median Household Income
$26,142
Per Capita Income
$93,300
Median Home Value
44.6%
Income-to-Housing Ratio

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.

Frequently Asked Questions

What is the median household income in Floyd County, Kentucky?
The median household income in Floyd County, Kentucky is $41,582, 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 Floyd County?
The per capita income in Floyd County is $26,142, 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 $41,582.
How does Floyd County compare to the Kentucky average?
Floyd County's median household income of $41,582 is lower than the Kentucky state average of $55,909. The per capita income is $26,142, compared to the state average of $29,616.
What is the per capita income in Floyd County, Kentucky?
The per capita income in Floyd County, Kentucky is $26,142, 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.
Is Floyd County a low-income area in Kentucky?
Floyd County's median household income of $41,582 is below the Kentucky average of $55,909. The per capita income of $26,142 is also lower than the state average of $29,616. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Floyd County rank for income in Kentucky?
Floyd County ranks #101 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $41,582 and per capita income of $26,142, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Floyd County

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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%

vs. Floyd County MedianAbout equal
vs. Kentucky Average26% below
vs. National Median44% below

Income Adequacy

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