Boyle County, Kentucky: commercial real estate data.
Boyle County, Kentucky has a population of 30,941 across 180 square miles, up 2.5 percent since the 2020 census base. County output reached $1.76 bn in 2024, 780 establishments operate here, and the SBA record carries 11 7(a) approvals worth $2.8 m.
114 sourced county values · tier FULL · 10 sections
Boyle County
How many people live in Boyle County
- Population30,941
- Households12,045
- Average household size2.57
- Median household income$61,159
- Median age39.5
- Median gross rent$778 per month
- Median owner-occupied home value$209,900
- Home value to household income3.4 times
- Annual rent as a share of median income15.3 percent
- Adults 25 and over with a bachelor degree or higher26.2 percent
- Adults 25 and over with a graduate degree11.6 percent
- Adults 25 and over20,918
- Population under 186,467
- Share under 1820.9 percent
- Population 65 and over5,773
- Share 65 and over18.7 percent
- Working age population, 18 to 6418,701
- Civilian labor force13,840
- Unemployment rate5.8 percent
- Labor force participation, adults 18 and over56.5 percent
- Rank by population among Kentucky counties33rd of 120
- Rank by population among US county-equivalents1452nd
Boyle County is the 33rd largest of 120 Kentucky counties by population. A median home costs 3.4 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 20.9 percent against 18.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Boyle County
Is Boyle County growing
- Population change since the 2020 census base2.52 percent
- Census 2020 base population30,622
- Births, 2024319
- Deaths, 2024371
- Natural change, 2024-52
- Net domestic migration, 2024223
- Net international migration, 2024126
- Total net migration, 2024349
- Cumulative net domestic migration, 2021 to 2024729
- Rank by growth among US county-equivalents1003rd
The county has grown 2.52 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Boyle County
Where people moving to Boyle County come from
- Tax returns filed by households arriving885
- People arriving, from those returns1,667
- Adjusted gross income arriving$50.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$57,493
- Largest single originBoyle County Non-migrants (9,959 households)
- Largest single destination (9,959 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Boyle County Non-migrants | 9,959 | 20,616 | $715.5 m |
| Other flows - Different State | 238 | 466 | $20.4 m |
| Other flows - Same State | 173 | 285 | $7.9 m |
| Lincoln County | 122 | 245 | $5.1 m |
| Mercer County | 108 | 202 | $5.3 m |
| Other flows - South | 99 | 187 | $7.3 m |
| Fayette County | 74 | 120 | $4.2 m |
| Jessamine County | 58 | 119 | $3.0 m |
The largest single source of arrivals is Boyle County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Boyle County
What the Boyle County economy runs on
- County GDP, 2024$1.76 bn
- County GDP, 2023$1.67 bn
- GDP change, 2023 to 20245.3 percent
- GDP change over five years36.9 percent
- Rank by GDP among Kentucky counties29th
- Rank by GDP among US county-equivalents1381st
- GDP per resident$56,980
Output grew 5.3 percent in the latest year and 36.9 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Boyle County
Who employs people in Boyle County
- Covered employment, annual average14,690
- Establishments reporting1,066
- Average annual pay$52,071
- Average weekly wage$1,001
- Sector 31-33, employment2,104
- Sector 31-33, average annual pay$59,180
- Sector 44-45, employment1,738
- Sector 44-45, average annual pay$39,941
- Sector 72, employment1,629
- Sector 72, average annual pay$20,720
- Sector 42, employment794
- Sector 42, average annual pay$47,307
- Sector 56, employment559
- Sector 23, employment437
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 2,104 | 50 | $59,180 |
| Sector 44-45 | 1,738 | 140 | $39,941 |
| Sector 72 | 1,629 | 94 | $20,720 |
| Sector 42 | 794 | 49 | $47,307 |
| Sector 56 | 559 | 62 | $53,729 |
| Sector 23 | 437 | 75 | $58,416 |
| Sector 52 | 351 | 66 | $79,320 |
| Sector 81 | 257 | 77 | $30,004 |
The largest sector is the biggest private employer group at 2,104 jobs, 14.3 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Boyle County
What businesses operate in Boyle County
- Establishments, all industries780
- Employment at those establishments13,620
- Annual payroll$655.3 m
- Establishments per 1,000 residents25.2
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Boyle County
What is being built in Boyle County
- Housing units authorised by permit, 202485
- Declared construction value permitted$23.8 m
- Single family units authorised77
- Multifamily units authorised8
- Multifamily share of units9.4 percent
- Average declared value per unit$280,377
- Units authorised per 1,000 households7.1
Multifamily is 9.4 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Boyle County
How much SBA lending happens in Boyle County
- 7(a) approvals recorded11
- 7(a) gross approval dollars$2.8 m
- Average 7(a) approval$255,045
- Median 7(a) approval$240,000
- 10th percentile approval$44,700
- 90th percentile approval$477,000
- Largest single approval$763,800
- Jobs reported supported, 7(a)91
- Jobs per approval8.3
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals8
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer18.2 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter9
- Franchise loans1
- Franchise share of approvals9.1 percent
- Leading industry by approval countSurgical Appliance and Supplies Manufacturing (2)
- Most active lenderCommunity Trust Bank, Inc. (6)
- 504 approvals recorded4
- 504 gross approval dollars$2.6 m
- Average 504 approval$658,750
- Median 504 approval$516,000
- Distinct CDCs active2
- 504 jobs per approval20.3
- 504 jobs per million dollars approved30.7
- Most active CDCCapital Access Corporation - Kentucky (2)
- 7(a) share of SBA approvals73.3 percent
- Combined SBA approval dollars$5.4 m
The average approval of $255,045 sits close to the median of $240,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 18.2 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Boyle County
Do SBA loans in Boyle County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Exempt from disclosure4
- Status: Cancelled2
- Status: Committed, not yet disbursed3
Too few loans have reached a final outcome to publish a charge off rate. only 2 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Boyle County
How big is Boyle County
- Land area180 sq mi
- Rank by land area among Kentucky counties111th of 120
- Width, east to west20.9 mi
- Height, north to south11.6 mi
- Geographies sharing a boundary6
- Residents per square mile of land172
- Establishments per square mile4.33
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Boyle County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Boyle County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population30,941
- Households12,045
- Average household size2.57
- Median household income$61,159
- Median age39.5
Common questions
Boyle County questions, answered from the record.
How many people live in Boyle County, Kentucky?
30,941, in 12,045 households, ranking 33rd of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Boyle County growing?
The population has grown 2.52 percent since the 2020 census base. In 2024 there were 319 births against 371 deaths, with net migration of 349. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Boyle County?
$61,159. The median owner-occupied home is valued at $209,900, which is 3.4 times income, and median gross rent is $778 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Boyle County?
780 establishments, employing 13,620 people with an annual payroll of $655.3 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Boyle County?
Average annual pay is $52,071, or $1,001 a week, across 14,690 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Boyle County?
11 7(a) approvals totalling $2.8 m since FY2020, across 5 lenders, with a median approval of $240,000, plus 4 504 approvals worth $2.6 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Boyle County?
85 housing units were authorised by permit in 2024, with a declared construction value of $23.8 m. Multifamily was 9.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Boyle County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Boyle County come from?
The largest single origin is Boyle County Non-migrants, with 9,959 households. Arriving households report an average income of $57,493 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Boyle County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Boyle County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.