McLean County, Kentucky: commercial real estate data.
McLean County, Kentucky has a population of 9,114 across 252 square miles, down 0.3 percent since the 2020 census base. County output reached $345.2 m in 2024, 161 establishments operate here, and the SBA record carries 2 7(a) approvals worth $1.8 m.
101 sourced county values · tier FULL · 10 sections
McLean County
How many people live in McLean County
- Population9,114
- Households3,641
- Average household size2.50
- Median household income$65,596
- Median age43.3
- Median gross rent$641 per month
- Median owner-occupied home value$148,500
- Home value to household income2.3 times
- Annual rent as a share of median income11.7 percent
- Adults 25 and over with a bachelor degree or higher16.8 percent
- Adults 25 and over with a graduate degree7.2 percent
- Adults 25 and over6,343
- Population under 182,053
- Share under 1822.5 percent
- Population 65 and over1,865
- Share 65 and over20.5 percent
- Working age population, 18 to 645,196
- Civilian labor force4,058
- Unemployment rate5.6 percent
- Labor force participation, adults 18 and over57.5 percent
- Rank by population among Kentucky counties101st of 120
- Rank by population among US county-equivalents2556th
McLean County is the 101st largest of 120 Kentucky counties by population. A median home costs 2.3 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.5 percent against 20.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
McLean County
Is McLean County growing
- Population change since the 2020 census base-0.26 percent
- Census 2020 base population9,150
- Births, 202496
- Deaths, 2024128
- Natural change, 2024-32
- Net domestic migration, 202476
- Net international migration, 20247
- Total net migration, 202483
- Cumulative net domestic migration, 2021 to 2024147
- Rank by growth among US county-equivalents1946th
The county has lost 0.26 percent of its population 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.
McLean County
Where people moving to McLean County come from
- Tax returns filed by households arriving168
- People arriving, from those returns318
- Adjusted gross income arriving$7.0 m
- Net adjusted gross income movement$0
- Average income of an arriving household$41,375
- Largest single originMcLean County Non-migrants (3,135 households)
- Largest single destination (3,135 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| McLean County Non-migrants | 3,135 | 6,882 | $202.6 m |
| Daviess County | 70 | 130 | $2.9 m |
| Other flows - Same State | 52 | 88 | $2.2 m |
| Muhlenberg County | 25 | 58 | $799,000 |
| Other flows - Different State | 21 | 42 | $1.0 m |
| Other flows - Midwest | 21 | 42 | $1.0 m |
The largest single source of arrivals is McLean 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.
McLean County
What the McLean County economy runs on
- County GDP, 2024$345.2 m
- County GDP, 2023$308.7 m
- GDP change, 2023 to 202411.8 percent
- GDP change over five years70.5 percent
- Rank by GDP among Kentucky counties91st
- Rank by GDP among US county-equivalents2634th
- GDP per resident$37,881
Output grew 11.8 percent in the latest year and 70.5 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.
McLean County
Who employs people in McLean County
- Covered employment, annual average1,737
- Establishments reporting248
- Average annual pay$44,027
- Average weekly wage$847
- Sector 44-45, employment196
- Sector 44-45, average annual pay$31,202
- Sector 31-33, employment150
- Sector 31-33, average annual pay$67,496
- Sector 62, employment130
- Sector 62, average annual pay$41,323
- Sector 23, employment104
- Sector 23, average annual pay$54,077
- Sector 42, employment70
- Sector 56, employment41
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 196 | 30 | $31,202 |
| Sector 31-33 | 150 | 10 | $67,496 |
| Sector 62 | 130 | 36 | $41,323 |
| Sector 23 | 104 | 25 | $54,077 |
| Sector 42 | 70 | 11 | $77,810 |
| Sector 56 | 41 | 10 | $40,279 |
| Sector 48-49 | 29 | 8 | $55,330 |
| Sector 22 | 9 | 3 | $62,326 |
The largest sector is the biggest private employer group at 196 jobs, 11.3 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.
McLean County
What businesses operate in McLean County
- Establishments, all industries161
- Employment at those establishments947
- Annual payroll$40.0 m
- Establishments per 1,000 residents17.7
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.
McLean County
What is being built in McLean County
- Housing units authorised by permit, 20244
- Declared construction value permitted$499,640
- Single family units authorised0
- Multifamily units authorised4
- Multifamily share of units100.0 percent
- Average declared value per unit$124,910
- Units authorised per 1,000 households1.1
Multifamily is 100.0 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
McLean County
How much SBA lending happens in McLean County
- 7(a) approvals recorded2
- 7(a) gross approval dollars$1.8 m
- Average 7(a) approval$920,000
- Median 7(a) approval$1,755,000
- 10th percentile approval$85,000
- 90th percentile approval$1,755,000
- Largest single approval$1,755,000
- Jobs reported supported, 7(a)7
- Jobs per approval3.5
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals2
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter1
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countChicken Egg Production (1)
- Most active lenderRenasant Bank (1)
The average approval of $920,000 sits close to the median of $1,755,000, so lending here is fairly evenly sized rather than driven by a few large deals. 50.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
McLean County
Do SBA loans in McLean County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure2
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.
McLean County
How big is McLean County
- Land area252 sq mi
- Rank by land area among Kentucky counties83rd of 120
- Width, east to west25.1 mi
- Height, north to south20.1 mi
- Geographies sharing a boundary6
- Residents per square mile of land36
- Establishments per square mile0.64
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 McLean 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 McLean County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population9,114
- Households3,641
- Average household size2.50
- Median household income$65,596
- Median age43.3
Common questions
McLean County questions, answered from the record.
How many people live in McLean County, Kentucky?
9,114, in 3,641 households, ranking 101st of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is McLean County growing?
The population has fallen 0.26 percent since the 2020 census base. In 2024 there were 96 births against 128 deaths, with net migration of 83. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in McLean County?
$65,596. The median owner-occupied home is valued at $148,500, which is 2.3 times income, and median gross rent is $641 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in McLean County?
161 establishments, employing 947 people with an annual payroll of $40.0 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 McLean County?
Average annual pay is $44,027, or $847 a week, across 1,737 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in McLean County?
2 7(a) approvals totalling $1.8 m since FY2020, across 2 lenders, with a median approval of $1,755,000. These are approvals recorded in the release, not loans disbursed.
What is being built in McLean County?
4 housing units were authorised by permit in 2024, with a declared construction value of $499,640. Multifamily was 100.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for McLean 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 McLean County come from?
The largest single origin is McLean County Non-migrants, with 3,135 households. Arriving households report an average income of $41,375 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 McLean 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 McLean 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.