Floyd County, Kentucky: commercial real estate data.
Floyd County, Kentucky has a population of 35,224 across 393 square miles, down 3.9 percent since the 2020 census base. County output reached $1.40 bn in 2024, 700 establishments operate here, and the SBA record carries 19 7(a) approvals worth $5.9 m.
110 sourced county values · tier FULL · 11 sections
Floyd County
How many people live in Floyd County
- Population35,224
- Households14,700
- Average household size2.40
- Median household income$41,279
- Median age42.8
- Median gross rent$672 per month
- Median owner-occupied home value$98,700
- Home value to household income2.4 times
- Annual rent as a share of median income19.5 percent
- Adults 25 and over with a bachelor degree or higher15.3 percent
- Adults 25 and over with a graduate degree6.9 percent
- Adults 25 and over24,942
- Population under 187,729
- Share under 1821.9 percent
- Population 65 and over6,907
- Share 65 and over19.6 percent
- Working age population, 18 to 6420,588
- Civilian labor force12,343
- Unemployment rate7.7 percent
- Labor force participation, adults 18 and over44.9 percent
- Rank by population among Kentucky counties31st of 120
- Rank by population among US county-equivalents1337th
Floyd County is the 31st largest of 120 Kentucky counties by population. A median home costs 2.4 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 21.9 percent against 19.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Floyd County
Is Floyd County growing
- Population change since the 2020 census base-3.92 percent
- Census 2020 base population35,942
- Births, 2024364
- Deaths, 2024714
- Natural change, 2024-350
- Net domestic migration, 2024-100
- Net international migration, 202411
- Total net migration, 2024-89
- Cumulative net domestic migration, 2021 to 20240
- Rank by growth among US county-equivalents2891st
The county has lost 3.92 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Floyd County
Where people moving to Floyd County come from
- Tax returns filed by households arriving512
- People arriving, from those returns989
- Adjusted gross income arriving$20.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$39,863
- Largest single originFloyd County Non-migrants (10,448 households)
- Largest single destination (10,448 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Floyd County Non-migrants | 10,448 | 23,051 | $528.9 m |
| Other flows - Same State | 168 | 286 | $5.6 m |
| Other flows - Different State | 109 | 216 | $5.7 m |
| Pike County | 108 | 203 | $4.3 m |
| Johnson County | 74 | 170 | $2.8 m |
| Other flows - South | 64 | 149 | $4.3 m |
| Other flows - Midwest | 45 | 67 | $1.4 m |
| Knott County | 29 | 64 | $1.3 m |
The largest single source of arrivals is Floyd 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.
Floyd County
What the Floyd County economy runs on
- County GDP, 2024$1.40 bn
- County GDP, 2023$1.35 bn
- GDP change, 2023 to 20243.8 percent
- GDP change over five years30.9 percent
- Rank by GDP among Kentucky counties36th
- Rank by GDP among US county-equivalents1570th
- GDP per resident$39,822
Output grew 3.8 percent in the latest year and 30.9 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.
Floyd County
Who employs people in Floyd County
- Covered employment, annual average11,156
- Establishments reporting1,160
- Average annual pay$47,449
- Average weekly wage$912
- Sector 62, employment3,113
- Sector 62, average annual pay$51,789
- Sector 44-45, employment1,344
- Sector 44-45, average annual pay$34,813
- Sector 72, employment679
- Sector 72, average annual pay$16,867
- Sector 56, employment674
- Sector 56, average annual pay$55,715
- Sector 42, employment452
- Sector 23, employment407
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 3,113 | 367 | $51,789 |
| Sector 44-45 | 1,344 | 162 | $34,813 |
| Sector 72 | 679 | 58 | $16,867 |
| Sector 56 | 674 | 42 | $55,715 |
| Sector 42 | 452 | 43 | $59,248 |
| Sector 23 | 407 | 68 | $57,023 |
| Sector 48-49 | 403 | 36 | $59,975 |
| Sector 51 | 394 | 16 | $56,317 |
The largest sector is the biggest private employer group at 3,113 jobs, 27.9 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Floyd County
What businesses operate in Floyd County
- Establishments, all industries700
- Employment at those establishments7,604
- Annual payroll$356.1 m
- Establishments per 1,000 residents19.9
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.
Floyd County
What is being built in Floyd County
- Housing units authorised by permit, 20244
- Declared construction value permitted$2.0 m
- Single family units authorised2
- Multifamily units authorised2
- Multifamily share of units50.0 percent
- Average declared value per unit$506,250
- Units authorised per 1,000 households0.3
Multifamily is 50.0 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Floyd County
How much SBA lending happens in Floyd County
- 7(a) approvals recorded19
- 7(a) gross approval dollars$5.9 m
- Average 7(a) approval$309,195
- Median 7(a) approval$120,000
- 10th percentile approval$20,000
- 90th percentile approval$1,300,000
- Largest single approval$1,929,600
- Jobs reported supported, 7(a)114
- Jobs per approval6.0
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals13
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer15.8 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter15
- Franchise loans1
- Franchise share of approvals5.3 percent
- Leading industry by approval countPharmacies and Drug Retailers (4)
- Most active lenderCommunity Trust Bank, Inc. (12)
The average approval of $309,195 sits well above the median of $120,000, 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 15.8 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.
Floyd County
Do SBA loans in Floyd County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Cancelled4
- Status: Exempt from disclosure13
- Status: Committed, not yet disbursed2
Too few loans have reached a final outcome to publish a charge off rate. only 0 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.
Floyd County
Which parts of Floyd County get the lending
- Places in the county with recorded lending8
- PRESTONSBURG, approvals11
- MINNIE, approvals2
- MC DOWELL, approvals1
- STANVILLE, approvals1
- ALLEN, approvals1
- WEEKSBURY, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| PRESTONSBURG | 11 | $3,799,100 |
| MINNIE | 2 | $274,000 |
| MC DOWELL | 1 | $300,000 |
| STANVILLE | 1 | $41,600 |
| ALLEN | 1 | $60,000 |
| WEEKSBURY | 1 | $50,000 |
| WAYLAND | 1 | $50,000 |
| BETSY LAYNE | 1 | $1,300,000 |
PRESTONSBURG accounts for 11 approvals against 2 in MINNIE. 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.
Floyd County
How big is Floyd County
- Land area393 sq mi
- Rank by land area among Kentucky counties34th of 120
- Width, east to west20.7 mi
- Height, north to south32.5 mi
- Geographies sharing a boundary5
- Residents per square mile of land90
- Establishments per square mile1.78
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 Floyd 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 Floyd County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population35,224
- Households14,700
- Average household size2.40
- Median household income$41,279
- Median age42.8
Common questions
Floyd County questions, answered from the record.
How many people live in Floyd County, Kentucky?
35,224, in 14,700 households, ranking 31st of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Floyd County growing?
The population has fallen 3.92 percent since the 2020 census base. In 2024 there were 364 births against 714 deaths, with net migration of -89. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Floyd County?
$41,279. The median owner-occupied home is valued at $98,700, which is 2.4 times income, and median gross rent is $672 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Floyd County?
700 establishments, employing 7,604 people with an annual payroll of $356.1 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 Floyd County?
Average annual pay is $47,449, or $912 a week, across 11,156 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Floyd County?
19 7(a) approvals totalling $5.9 m since FY2020, across 4 lenders, with a median approval of $120,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Floyd County?
4 housing units were authorised by permit in 2024, with a declared construction value of $2.0 m. Multifamily was 50.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Floyd 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 Floyd County come from?
The largest single origin is Floyd County Non-migrants, with 10,448 households. Arriving households report an average income of $39,863 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 Floyd 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 Floyd 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.