Fleming County, Kentucky: commercial real estate data.
Fleming County, Kentucky has a population of 15,323 across 349 square miles, up 3.4 percent since the 2020 census base. County output reached $434.8 m in 2024, 255 establishments operate here, and the SBA record carries 13 7(a) approvals worth $1.7 m.
105 sourced county values · tier FULL · 11 sections
Fleming County
How many people live in Fleming County
- Population15,323
- Households5,859
- Average household size2.62
- Median household income$49,307
- Median age41.0
- Median gross rent$715 per month
- Median owner-occupied home value$134,700
- Home value to household income2.7 times
- Annual rent as a share of median income17.4 percent
- Adults 25 and over with a bachelor degree or higher18.9 percent
- Adults 25 and over with a graduate degree7.5 percent
- Adults 25 and over10,490
- Population under 183,656
- Share under 1823.9 percent
- Population 65 and over2,851
- Share 65 and over18.6 percent
- Working age population, 18 to 648,816
- Civilian labor force6,515
- Unemployment rate7.5 percent
- Labor force participation, adults 18 and over55.8 percent
- Rank by population among Kentucky counties73rd of 120
- Rank by population among US county-equivalents2142nd
Fleming County is the 73rd largest of 120 Kentucky counties by population. A median home costs 2.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.9 percent against 18.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Fleming County
Is Fleming County growing
- Population change since the 2020 census base3.37 percent
- Census 2020 base population15,082
- Births, 2024207
- Deaths, 2024228
- Natural change, 2024-21
- Net domestic migration, 2024212
- Net international migration, 2024-1
- Total net migration, 2024211
- Cumulative net domestic migration, 2021 to 2024588
- Rank by growth among US county-equivalents802nd
The county has grown 3.37 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.
Fleming County
Where people moving to Fleming County come from
- Tax returns filed by households arriving406
- People arriving, from those returns836
- Adjusted gross income arriving$18.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$45,502
- Largest single originFleming County Non-migrants (5,036 households)
- Largest single destination (5,036 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Fleming County Non-migrants | 5,036 | 11,268 | $270.1 m |
| Other flows - Same State | 140 | 260 | $5.7 m |
| Other flows - Different State | 127 | 280 | $7.3 m |
| Mason County | 57 | 119 | $2.3 m |
| Rowan County | 55 | 121 | $2.3 m |
| Other flows - South | 53 | 108 | $3.0 m |
| Other flows - Midwest | 47 | 107 | $2.8 m |
| Lewis County | 27 | 56 | $973,000 |
The largest single source of arrivals is Fleming 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.
Fleming County
What the Fleming County economy runs on
- County GDP, 2024$434.8 m
- County GDP, 2023$410.5 m
- GDP change, 2023 to 20245.9 percent
- GDP change over five years27.0 percent
- Rank by GDP among Kentucky counties83rd
- Rank by GDP among US county-equivalents2487th
- GDP per resident$28,379
Output grew 5.9 percent in the latest year and 27.0 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.
Fleming County
Who employs people in Fleming County
- Covered employment, annual average3,265
- Establishments reporting444
- Average annual pay$45,681
- Average weekly wage$878
- Sector 31-33, employment534
- Sector 31-33, average annual pay$48,478
- Sector 44-45, employment450
- Sector 44-45, average annual pay$33,453
- Sector 42, employment157
- Sector 42, average annual pay$37,056
- Sector 52, employment133
- Sector 52, average annual pay$54,888
- Sector 22, employment70
- Sector 81, employment63
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 534 | 25 | $48,478 |
| Sector 44-45 | 450 | 53 | $33,453 |
| Sector 42 | 157 | 16 | $37,056 |
| Sector 52 | 133 | 25 | $54,888 |
| Sector 22 | 70 | 4 | $80,858 |
| Sector 81 | 63 | 28 | $33,581 |
| Sector 48-49 | 29 | 15 | $45,777 |
| Sector 51 | 15 | 6 | $44,958 |
The largest sector is the biggest private employer group at 534 jobs, 16.4 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.
Fleming County
What businesses operate in Fleming County
- Establishments, all industries255
- Employment at those establishments2,321
- Annual payroll$100.4 m
- Establishments per 1,000 residents16.6
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.
Fleming County
What is being built in Fleming County
- Housing units authorised by permit, 20240
- Declared construction value permitted$0
- Single family units authorised0
- Multifamily units authorised0
No residential units were authorised by permit in 2024. In a small county this is common and is not by itself a sign of distress, but it does mean there is no recent residential pipeline to read demand from.
US Census Bureau, Building Permits Survey, 2024 annual.
Fleming County
How much SBA lending happens in Fleming County
- 7(a) approvals recorded13
- 7(a) gross approval dollars$1.7 m
- Average 7(a) approval$132,408
- Median 7(a) approval$90,800
- 10th percentile approval$20,500
- 90th percentile approval$225,000
- Largest single approval$590,000
- Jobs reported supported, 7(a)41
- Jobs per approval3.2
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals7
- Median 7(a) term84 months
- Share of loans on real estate terms, 240 months or longer7.7 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter11
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countGeneral Freight Trucking, Local (3)
- Most active lenderCommunity Trust Bank, Inc. (9)
The average approval of $132,408 sits well above the median of $90,800, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 7.7 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.
Fleming County
Do SBA loans in Fleming County get paid back
- Loans with a final outcome recorded4
- Paid in full4
- Charged off0
- Status: Paid in full4
- 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 4 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.
Fleming County
Which parts of Fleming County get the lending
- Places in the county with recorded lending3
- Flemingsburg, approvals7
- WALLINGFORD, approvals5
- EWING, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Flemingsburg | 7 | $1,073,800 |
| WALLINGFORD | 5 | $597,500 |
| EWING | 1 | $50,000 |
Flemingsburg accounts for 7 approvals against 5 in WALLINGFORD. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fleming County
How big is Fleming County
- Land area349 sq mi
- Rank by land area among Kentucky counties45th of 120
- Width, east to west28.6 mi
- Height, north to south24.5 mi
- Geographies sharing a boundary6
- Residents per square mile of land44
- Establishments per square mile0.73
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 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- 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 Fleming 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 Fleming County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population15,323
- Households5,859
- Average household size2.62
- Median household income$49,307
- Median age41.0
Common questions
Fleming County questions, answered from the record.
How many people live in Fleming County, Kentucky?
15,323, in 5,859 households, ranking 73rd of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Fleming County growing?
The population has grown 3.37 percent since the 2020 census base. In 2024 there were 207 births against 228 deaths, with net migration of 211. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Fleming County?
$49,307. The median owner-occupied home is valued at $134,700, which is 2.7 times income, and median gross rent is $715 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Fleming County?
255 establishments, employing 2,321 people with an annual payroll of $100.4 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 Fleming County?
Average annual pay is $45,681, or $878 a week, across 3,265 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Fleming County?
13 7(a) approvals totalling $1.7 m since FY2020, across 3 lenders, with a median approval of $90,800. These are approvals recorded in the release, not loans disbursed.
What is being built in Fleming County?
No residential units were authorised by permit in 2024. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Fleming County?
Zone 2, a predicted average indoor radon screening level from 2 to 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 Fleming County come from?
The largest single origin is Fleming County Non-migrants, with 5,036 households. Arriving households report an average income of $45,502 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 Fleming 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 Fleming 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.