Anderson County, Kentucky: commercial real estate data.
Anderson County, Kentucky had an estimated 24,883 residents on July 1, 2024, up 4.2 percent since the 2020 census base of 23,869, across 202 square miles. County output reached $814.7 m in 2024, 352 establishments operate here, and the SBA record carries 23 7(a) approvals worth $9.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Anderson County
How many people live in Anderson County
- Population, American Community Survey 2020-202424,353
- Households9,653
- Average household size2.52
- Median household income$74,488
- Median age41.7
- Median gross rent$927 per month
- Median owner-occupied home value$225,100
- Home value to household income3.0 times
- Annual rent as a share of median income14.9 percent
- Adults 25 and over with a bachelor degree or higher26.2 percent
- Adults 25 and over with a graduate degree8.8 percent
- Adults 25 and over16,960
- Population under 185,634
- Share under 1823.1 percent
- Population 65 and over4,132
- Share 65 and over17.0 percent
- Working age population, 18 to 6414,587
- Civilian labor force11,720
- Unemployment rate2.2 percent
- Labor force participation, adults 18 and over62.6 percent
- Rank by population among Kentucky counties48th of 120
- Rank by population among US county-equivalents, Puerto Rico included1687th of 3,222
Anderson County is the 48th largest of 120 Kentucky counties by population. A median home costs 3.0 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 23.1 percent against 17.0 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Anderson County
Is Anderson County's population growing?
- Population, July 1, 202424,883
- Census 2020 base population23,869
- Population change since the 2020 census base4.25 percent
- Population change, 2023 to 2024265
- Births, 2024273
- Deaths, 2024258
- Natural change, 202415
- Net domestic migration, 2024224
- Net international migration, 202424
- Total net migration, 2024248
- Cumulative net domestic migration, 2021 to 2024975
- Rank by growth among US county-equivalents646th of 3,144
The county has grown 4.25 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Anderson County
Where are people moving to Anderson County from?
- Tax returns filed by households arriving750
- People arriving, from those returns1,417
- Tax returns filed by households leaving593
- Net household movement157
- Adjusted gross income arriving$39.0 m
- Net adjusted gross income movement$12.2 m
- Average income of an arriving household$51,960
- Average income of a leaving household$45,130
- Largest single originFranklin County (165 households)
- Largest single destinationFranklin County (144 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Franklin County | 165 | 315 | $7.8 m |
| Fayette County | 101 | 171 | $4.9 m |
| Woodford County | 47 | 86 | $2.7 m |
| Mercer County | 42 | 87 | $1.6 m |
| Jefferson County | 33 | 53 | $1.4 m |
| Shelby County | 30 | 58 | $1.6 m |
| Jessamine County | 26 | 41 | $1.3 m |
| Scott County | 26 | 55 | $1.8 m |
Households arriving report $6,830 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Franklin County, 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.
Anderson County
What is the Anderson County economy?
- County GDP, 2024$814.7 m
- County GDP, 2023$766.6 m
- GDP change, 2023 to 20246.3 percent
- GDP change over five years38.9 percent
- Rank by GDP among the Kentucky areas BEA publishes56th of 120
- Rank by GDP among the US county areas BEA publishes2014th of 3,127
- GDP per resident$33,453
Output grew 6.3 percent in the latest year and 38.9 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.
Anderson County
Employment by industry in Anderson County
- Covered employment, annual average5,066
- Establishments reporting565
- Average annual pay$48,999
- Average weekly wage$942
- Manufacturing, employment1,062
- Manufacturing, average annual pay$74,170
- Retail trade, employment743
- Retail trade, average annual pay$34,903
- Accommodation and food services, employment623
- Accommodation and food services, average annual pay$23,655
- Health care and social assistance, employment386
- Health care and social assistance, average annual pay$35,618
- Wholesale trade, employment328
- Finance and insurance, employment127
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,062 | 42 | $74,170 |
| Retail trade | 743 | 66 | $34,903 |
| Accommodation and food services | 623 | 40 | $23,655 |
| Health care and social assistance | 386 | 76 | $35,618 |
| Wholesale trade | 328 | 22 | $53,637 |
| Finance and insurance | 127 | 22 | $50,278 |
| Professional, scientific and technical services | 125 | 71 | $69,039 |
| Other services, except public administration | 94 | 38 | $45,108 |
Manufacturing is the largest private sector at 1,062 jobs, 21.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Anderson County
How many businesses are in Anderson County?
- Establishments, all industries352
- Employment at those establishments4,175
- Annual payroll$189.3 m
- Establishments per 1,000 residents14.5
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Anderson County
Building permits in Anderson County
- Housing units authorized by permit, 202475
- Declared construction value permitted$23.5 m
- Single family units authorized69
- Multifamily units authorized6
- Multifamily share of units8.0 percent
- Average declared value per unit$313,000
- Units authorized per 1,000 households7.8
Single-family homes are 92.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Anderson County
SBA loans in Anderson County (7(a) and 504)
- 7(a) approvals recorded23
- 7(a) gross approval dollars$9.5 m
- Average 7(a) approval$415,065
- Median 7(a) approval$100,000
- 10th percentile approval$25,140
- 90th percentile approval$721,540
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)84
- Jobs per approval3.7
- Distinct 7(a) lenders active12
- Distinct industries receiving approvals18
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer21.7 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter17
- Franchise loans1
- Franchise share of approvals4.3 percent
- Leading industry by approval countOther Clothing Stores (3)
- Most active lenderCommunity Trust Bank, Inc. (6)
- 504 approvals recorded1
- 504 gross approval dollars$196,000
- Average 504 approval$196,000
- Median 504 approval$196,000
- Distinct CDCs active1
- 504 jobs per approval3.0
- 504 jobs per million dollars approved15.3
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$9.7 m
The average approval of $415,065 sits well above the median of $100,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 21.7 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. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Anderson County
SBA loan default and charge-off rates in Anderson County
Do SBA loans in Anderson County get paid back?
- Loans with a final outcome recorded8
- Paid in full8
- Charged off0
- Status: Paid in full8
- Status: Exempt from disclosure11
- Status: Cancelled4
Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Anderson County
SBA lending by place in Anderson County
- Borrower cities with recorded lending2
- Lawrenceburg, approvals22
- Salvisa, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Lawrenceburg | 22 | $9,396,500 |
| Salvisa | 1 | $150,000 |
Lawrenceburg accounts for 22 approvals against 1 in Salvisa. 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.
Anderson County
How large is Anderson County?
- Land area202 sq mi
- Rank by land area among Kentucky counties101st of 120
- Width, east to west20.3 mi
- Height, north to south16.4 mi
- Geographies sharing a boundary7
- Residents per square mile of land121
- Establishments per square mile1.74
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.
Anderson County
Flood risk in Anderson County
- Participation of the county's own NFIP community Anderson County, unincorporated areasParticipating, community 210002
- Communities in the county in the NFIP Community Status Book2
- Of those, participating in the NFIP2
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Anderson County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Anderson County (community 210002), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Anderson County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Anderson 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 Anderson County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202424,353
- Households9,653
- Average household size2.52
- Median household income$74,488
- Median age41.7
Common questions
Anderson County questions, answered from the record.
How many people live in Anderson County, Kentucky?
The Census Bureau estimates 24,883 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 24,353, in 9,653 households, ranking 48th of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Anderson County's population growing?
The population has grown 4.25 percent since the 2020 census base of 23,869, to 24,883 on July 1, 2024. In 2024 there were 273 births against 258 deaths, with net migration of 248. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Anderson County?
$74,488. The median owner-occupied home is valued at $225,100, which is 3.0 times income, and median gross rent is $927 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Anderson County?
352 establishments, employing 4,175 people with an annual payroll of $189.3 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Anderson County?
Manufacturing is the largest private sector at 1,062 jobs, 21.0 percent of covered employment. Covered employment averages 5,066 jobs at an average annual pay of $48,999, or $942 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Anderson County?
23 7(a) approvals totaling $9.5 m since FY2020, across 12 lenders, with a median approval of $100,000, plus 1 504 approvals worth $196,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Anderson County?
75 housing units were authorized by permit in 2024, with a declared construction value of $23.5 m. Multifamily was 8.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Anderson 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 Anderson County come from?
The largest single origin is Franklin County, with 165 households. Arriving households report an average income of $51,960 against $45,130 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Anderson 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 Anderson County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Anderson County
Cities and places in Anderson.
1 Census place lies wholly or partly in Anderson County. It carries enough published place level data for a page of its own and is linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Lawrenceburg | city | 11,943 | 22 | Wholly in this county |
A further 1 of the county's 23 SBA 7(a) approvals are to borrowers in cities that match no Census place in Anderson County, the largest being Salvisa (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby