Pike County, Kentucky: commercial real estate data.
Pike County, Kentucky has a population of 56,727 across 787 square miles, down 5.5 percent since the 2020 census base. County output reached $2.67 bn in 2024, 1,109 establishments operate here, and the SBA record carries 60 7(a) approvals worth $8.6 m.
121 sourced county values · tier FULL · 11 sections
Pike County
How many people live in Pike County
- Population56,727
- Households24,284
- Average household size2.34
- Median household income$44,312
- Median age43.3
- Median gross rent$858 per month
- Median owner-occupied home value$112,000
- Home value to household income2.5 times
- Annual rent as a share of median income23.2 percent
- Adults 25 and over with a bachelor degree or higher17.8 percent
- Adults 25 and over with a graduate degree8.0 percent
- Adults 25 and over40,716
- Population under 1811,494
- Share under 1820.3 percent
- Population 65 and over11,401
- Share 65 and over20.1 percent
- Working age population, 18 to 6433,832
- Civilian labor force20,300
- Unemployment rate5.2 percent
- Labor force participation, adults 18 and over44.9 percent
- Rank by population among Kentucky counties17th of 120
- Rank by population among US county-equivalents932nd
Pike County is the 17th largest of 120 Kentucky counties by population. A median home costs 2.5 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 20.3 percent against 20.1 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Pike County
Is Pike County growing
- Population change since the 2020 census base-5.52 percent
- Census 2020 base population58,668
- Births, 2024523
- Deaths, 2024900
- Natural change, 2024-377
- Net domestic migration, 2024-268
- Net international migration, 202479
- Total net migration, 2024-189
- Cumulative net domestic migration, 2021 to 2024-1,293
- Rank by growth among US county-equivalents3016th
The county has lost 5.52 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Pike County
Where people moving to Pike County come from
- Tax returns filed by households arriving680
- People arriving, from those returns1,287
- Adjusted gross income arriving$26.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$39,412
- Largest single originPike County Non-migrants (16,007 households)
- Largest single destination (16,007 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Pike County Non-migrants | 16,007 | 35,040 | $934.0 m |
| Other flows - Different State | 274 | 496 | $13.2 m |
| Other flows - Same State | 182 | 344 | $3.8 m |
| Other flows - South | 174 | 315 | $9.1 m |
| Floyd County | 98 | 204 | $4.0 m |
| Other flows - Midwest | 73 | 133 | $2.7 m |
| Mingo County | 66 | 141 | $3.3 m |
| Fayette County | 33 | 43 | $1.3 m |
The largest single source of arrivals is Pike 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.
Pike County
What the Pike County economy runs on
- County GDP, 2024$2.67 bn
- County GDP, 2023$2.60 bn
- GDP change, 2023 to 20242.4 percent
- GDP change over five years33.7 percent
- Rank by GDP among Kentucky counties21st
- Rank by GDP among US county-equivalents1062nd
- GDP per resident$46,988
Output grew 2.4 percent in the latest year and 33.7 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.
Pike County
Who employs people in Pike County
- Covered employment, annual average20,549
- Establishments reporting1,627
- Average annual pay$51,529
- Average weekly wage$991
- Sector 44-45, employment3,490
- Sector 44-45, average annual pay$32,033
- Sector 72, employment1,904
- Sector 72, average annual pay$19,200
- Sector 31-33, employment668
- Sector 31-33, average annual pay$63,126
- Sector 52, employment654
- Sector 52, average annual pay$58,055
- Sector 54, employment596
- Sector 23, employment555
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 3,490 | 260 | $32,033 |
| Sector 72 | 1,904 | 115 | $19,200 |
| Sector 31-33 | 668 | 32 | $63,126 |
| Sector 52 | 654 | 68 | $58,055 |
| Sector 54 | 596 | 132 | $62,853 |
| Sector 23 | 555 | 97 | $50,814 |
| Sector 42 | 504 | 45 | $80,426 |
| Sector 56 | 482 | 81 | $34,437 |
The largest sector is the biggest private employer group at 3,490 jobs, 17.0 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.
Pike County
What businesses operate in Pike County
- Establishments, all industries1,109
- Employment at those establishments16,918
- Annual payroll$830.8 m
- Establishments per 1,000 residents19.5
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.
Pike County
What is being built in Pike County
- Housing units authorised by permit, 20245
- Declared construction value permitted$1.9 m
- Single family units authorised5
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$380,000
- Units authorised per 1,000 households0.2
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Pike County
How much SBA lending happens in Pike County
- 7(a) approvals recorded60
- 7(a) gross approval dollars$8.6 m
- Average 7(a) approval$142,855
- Median 7(a) approval$83,000
- 10th percentile approval$21,000
- 90th percentile approval$348,800
- Largest single approval$1,050,000
- Jobs reported supported, 7(a)292
- Jobs per approval4.9
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals43
- Median 7(a) term105 months
- Share of loans on real estate terms, 240 months or longer10.0 percent
- Loans on real estate terms6
- Loans on working capital terms, 120 months or shorter50
- Franchise loans6
- Franchise share of approvals10.0 percent
- Leading industry by approval countOffices of All Other Miscellaneous Health Practitioners (5)
- Most active lenderCommunity Trust Bank, Inc. (53)
- 504 approvals recorded1
- 504 gross approval dollars$4.3 m
- Average 504 approval$4,285,000
- Median 504 approval$4,285,000
- Distinct CDCs active1
- 504 jobs per approval30.0
- 504 jobs per million dollars approved7.0
- Most active CDCCommunity Ventures Corporation (1)
- 7(a) share of SBA approvals98.4 percent
- Combined SBA approval dollars$12.9 m
The average approval of $142,855 sits well above the median of $83,000, 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 10.0 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.
Pike County
Do SBA loans in Pike County get paid back
- Loans with a final outcome recorded14
- Paid in full14
- Charged off0
- Charge off rate on resolved loans0.0 percent
- Status: Paid in full14
- Status: Exempt from disclosure43
- Status: Cancelled3
Of the 14 loans that have reached a final outcome, 0.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Pike County
Which parts of Pike County get the lending
- Places in the county with recorded lending8
- Pikeville, approvals41
- ELKHORN CITY, approvals5
- SOUTH WILLIAMSON, approvals4
- FOREST HILLS, approvals3
- BELFRY, approvals3
- SHELBIANA, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Pikeville | 41 | $6,999,300 |
| ELKHORN CITY | 5 | $349,600 |
| SOUTH WILLIAMSON | 4 | $352,600 |
| FOREST HILLS | 3 | $82,800 |
| BELFRY | 3 | $406,700 |
| SHELBIANA | 2 | $45,400 |
| CANADA | 1 | $50,000 |
| Ashcamp | 1 | $284,900 |
Pikeville accounts for 41 approvals against 5 in ELKHORN CITY. 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.
Pike County
How big is Pike County
- Land area787 sq mi
- Rank by land area among Kentucky counties1st of 120
- Width, east to west42 mi
- Height, north to south37.6 mi
- Geographies sharing a boundary4
- Residents per square mile of land72
- Establishments per square mile1.41
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 Pike 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 Pike County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population56,727
- Households24,284
- Average household size2.34
- Median household income$44,312
- Median age43.3
Common questions
Pike County questions, answered from the record.
How many people live in Pike County, Kentucky?
56,727, in 24,284 households, ranking 17th of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Pike County growing?
The population has fallen 5.52 percent since the 2020 census base. In 2024 there were 523 births against 900 deaths, with net migration of -189. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Pike County?
$44,312. The median owner-occupied home is valued at $112,000, which is 2.5 times income, and median gross rent is $858 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Pike County?
1,109 establishments, employing 16,918 people with an annual payroll of $830.8 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 Pike County?
Average annual pay is $51,529, or $991 a week, across 20,549 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Pike County?
60 7(a) approvals totalling $8.6 m since FY2020, across 5 lenders, with a median approval of $83,000, plus 1 504 approvals worth $4.3 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Pike County get paid back?
Of the 14 loans that have reached a final outcome, 14 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Pike County?
5 housing units were authorised by permit in 2024, with a declared construction value of $1.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Pike 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 Pike County come from?
The largest single origin is Pike County Non-migrants, with 16,007 households. Arriving households report an average income of $39,412 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 Pike 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 Pike 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.