Marion County, Kentucky: commercial real estate data.
Marion County, Kentucky has a population of 19,749 across 343 square miles, up 1.4 percent since the 2020 census base. County output reached $1.28 bn in 2024, 353 establishments operate here, and the SBA record carries 11 7(a) approvals worth $2.3 m.
107 sourced county values · tier FULL · 11 sections
Marion County
How many people live in Marion County
- Population19,749
- Households7,724
- Average household size2.56
- Median household income$59,627
- Median age40.4
- Median gross rent$726 per month
- Median owner-occupied home value$168,100
- Home value to household income2.8 times
- Annual rent as a share of median income14.6 percent
- Adults 25 and over with a bachelor degree or higher15.1 percent
- Adults 25 and over with a graduate degree7.8 percent
- Adults 25 and over13,614
- Population under 184,700
- Share under 1823.8 percent
- Population 65 and over3,424
- Share 65 and over17.3 percent
- Working age population, 18 to 6411,625
- Civilian labor force8,929
- Unemployment rate4.2 percent
- Labor force participation, adults 18 and over59.3 percent
- Rank by population among Kentucky counties60th of 120
- Rank by population among US county-equivalents1902nd
Marion County is the 60th largest of 120 Kentucky counties by population. A median home costs 2.8 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.8 percent against 17.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Marion County
Is Marion County growing
- Population change since the 2020 census base1.38 percent
- Census 2020 base population19,581
- Births, 2024212
- Deaths, 2024234
- Natural change, 2024-22
- Net domestic migration, 2024-1
- Net international migration, 202435
- Total net migration, 202434
- Cumulative net domestic migration, 2021 to 2024353
- Rank by growth among US county-equivalents1373rd
The county has grown 1.38 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.
Marion County
Where people moving to Marion County come from
- Tax returns filed by households arriving395
- People arriving, from those returns748
- Adjusted gross income arriving$15.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$40,129
- Largest single originMarion County Non-migrants (7,004 households)
- Largest single destination (7,004 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Marion County Non-migrants | 7,004 | 14,583 | $412.0 m |
| Other flows - Same State | 110 | 197 | $3.4 m |
| Nelson County | 68 | 167 | $3.5 m |
| Other flows - Different State | 63 | 100 | $2.6 m |
| Taylor County | 53 | 91 | $2.3 m |
| Washington County | 52 | 119 | $2.3 m |
| Other flows - South | 32 | 52 | $1.2 m |
| Other flows - Midwest | 31 | 48 | $1.4 m |
The largest single source of arrivals is Marion 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.
Marion County
What the Marion County economy runs on
- County GDP, 2024$1.28 bn
- County GDP, 2023$1.23 bn
- GDP change, 2023 to 20243.8 percent
- GDP change over five years35.0 percent
- Rank by GDP among Kentucky counties41st
- Rank by GDP among US county-equivalents1646th
- GDP per resident$64,592
Output grew 3.8 percent in the latest year and 35.0 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.
Marion County
Who employs people in Marion County
- Covered employment, annual average9,158
- Establishments reporting534
- Average annual pay$50,139
- Average weekly wage$964
- Sector 31-33, employment3,880
- Sector 31-33, average annual pay$59,485
- Sector 62, employment1,239
- Sector 62, average annual pay$46,263
- Sector 44-45, employment702
- Sector 44-45, average annual pay$29,451
- Sector 56, employment680
- Sector 56, average annual pay$47,193
- Sector 42, employment422
- Sector 72, employment411
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 3,880 | 41 | $59,485 |
| Sector 62 | 1,239 | 106 | $46,263 |
| Sector 44-45 | 702 | 68 | $29,451 |
| Sector 56 | 680 | 25 | $47,193 |
| Sector 42 | 422 | 19 | $55,319 |
| Sector 72 | 411 | 32 | $19,539 |
| Sector 23 | 214 | 47 | $56,919 |
| Sector 52 | 144 | 30 | $55,367 |
The largest sector is the biggest private employer group at 3,880 jobs, 42.4 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.
Marion County
What businesses operate in Marion County
- Establishments, all industries353
- Employment at those establishments8,162
- Annual payroll$380.7 m
- Establishments per 1,000 residents17.9
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.
Marion County
What is being built in Marion County
- Housing units authorised by permit, 202451
- Declared construction value permitted$7.4 m
- Single family units authorised34
- Multifamily units authorised17
- Multifamily share of units33.3 percent
- Average declared value per unit$144,901
- Units authorised per 1,000 households6.6
Multifamily is 33.3 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Marion County
How much SBA lending happens in Marion County
- 7(a) approvals recorded11
- 7(a) gross approval dollars$2.3 m
- Average 7(a) approval$212,382
- Median 7(a) approval$75,000
- 10th percentile approval$40,000
- 90th percentile approval$432,000
- Largest single approval$885,800
- Jobs reported supported, 7(a)45
- Jobs per approval4.1
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals7
- Median 7(a) term84 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 shorter8
- Franchise loans1
- Franchise share of approvals9.1 percent
- Leading industry by approval countOutdoor Power Equipment Retailers (3)
- Most active lenderCommunity Trust Bank, Inc. (5)
The average approval of $212,382 sits well above the median of $75,000, 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 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.
Marion County
Do SBA loans in Marion County get paid back
- Loans with a final outcome recorded3
- Paid in full3
- Charged off0
- Status: Paid in full3
- Status: Cancelled2
- Status: Exempt from disclosure6
Too few loans have reached a final outcome to publish a charge off rate. only 3 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.
Marion County
Which parts of Marion County get the lending
- Places in the county with recorded lending3
- LEBANON, approvals9
- RAYWICK, approvals1
- LORETTO, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| LEBANON | 9 | $1,398,400 |
| RAYWICK | 1 | $52,000 |
| LORETTO | 1 | $885,800 |
LEBANON accounts for 9 approvals against 1 in RAYWICK. 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.
Marion County
How big is Marion County
- Land area343 sq mi
- Rank by land area among Kentucky counties50th of 120
- Width, east to west26.9 mi
- Height, north to south21.9 mi
- Geographies sharing a boundary6
- Residents per square mile of land58
- Establishments per square mile1.03
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 Marion 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 Marion County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population19,749
- Households7,724
- Average household size2.56
- Median household income$59,627
- Median age40.4
Common questions
Marion County questions, answered from the record.
How many people live in Marion County, Kentucky?
19,749, in 7,724 households, ranking 60th of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Marion County growing?
The population has grown 1.38 percent since the 2020 census base. In 2024 there were 212 births against 234 deaths, with net migration of 34. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Marion County?
$59,627. The median owner-occupied home is valued at $168,100, which is 2.8 times income, and median gross rent is $726 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Marion County?
353 establishments, employing 8,162 people with an annual payroll of $380.7 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 Marion County?
Average annual pay is $50,139, or $964 a week, across 9,158 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Marion County?
11 7(a) approvals totalling $2.3 m since FY2020, across 4 lenders, with a median approval of $75,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Marion County?
51 housing units were authorised by permit in 2024, with a declared construction value of $7.4 m. Multifamily was 33.3 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Marion 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 Marion County come from?
The largest single origin is Marion County Non-migrants, with 7,004 households. Arriving households report an average income of $40,129 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 Marion 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 Marion 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.