Woodford County, Kentucky

Income Data

+43% vs. Kentucky average
$80,006
Median Household Income
$42,152
Per Capita Income

At a Glance

Median Household Income
$80,006
+43% vs. state avg
Per Capita Income
$42,152
+7% vs. national
Income-to-Housing Ratio
29.6%
income as % of home value
Rank in Kentucky
#6 / 120
by median household income

How Woodford County Compares

Woodford County$80,006
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$80,006
Median Household Income
$42,152
Per Capita Income
$270,400
Median Home Value
29.6%
Income-to-Housing Ratio

Data Story

About Household Income in Woodford County, Kentucky

Woodford County exceeds national average

Woodford County's median household income of $80,006 surpasses the U.S. median of $74,755 by $5,251, placing it solidly in the national upper-middle class. This achievement ranks Woodford among Kentucky's most prosperous counties.

Kentucky's top-earning county

Woodford County's $80,006 median towers $24,097 above Kentucky's state average of $55,909, making it the clear income leader among all counties analyzed. The county represents Kentucky's economic pinnacle and a national model of rural prosperity.

Decisive economic leader in the region

Woodford County's $80,006 median substantially exceeds all peer counties—Warren ($64,801), Union ($60,989), Washington ($59,762), and dramatically outpaces struggling Wayne ($41,933) and Whitley ($41,719). This dominance reflects Woodford's role as a regional economic engine and wealth anchor.

Excellent affordability despite premium homes

Woodford County's 15.0% rent-to-income ratio demonstrates exceptional affordability, with housing costs remaining minimal relative to household earnings. The median home value of $270,400 reflects robust property appreciation and genuine wealth-building through homeownership.

Maximize wealth-building opportunities

Woodford County households have substantial capacity to invest beyond mortgages, building generational wealth through diversified portfolios, education funds, and entrepreneurship. Prioritize maxing retirement contributions, real estate investments, and wealth transfer strategies to compound advantages.

Frequently Asked Questions

What is the median household income in Woodford County, Kentucky?
The median household income in Woodford County, Kentucky is $80,006, 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 Woodford County?
The per capita income in Woodford County is $42,152, 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 $80,006.
How does Woodford County compare to the Kentucky average?
Woodford County's median household income of $80,006 is higher than the Kentucky state average of $55,909. The per capita income is $42,152, compared to the state average of $29,616.
What is the per capita income in Woodford County, Kentucky?
The per capita income in Woodford County, Kentucky is $42,152, 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 Woodford County income higher than the Kentucky average?
Woodford County's median household income of $80,006 is higher than the Kentucky average of $55,909. This difference of $24,097 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 Woodford County rank for income in Kentucky?
Woodford County ranks #6 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $80,006 and per capita income of $42,152, it falls in the top third of counties statewide.

Income Comparison Calculator

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Your income is above the Woodford County median

County median: $80,006 per year

vs. County Median

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vs. State Average

+43%

vs. National Median

+7%

vs. Woodford County MedianAbout equal
vs. Kentucky Average43% above
vs. National Median7% above

Income Adequacy

Monthly income covers median rent6.7x

Your monthly income ($6,667) vs. median rent ($1,000/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.