Boyle County, Kentucky: commercial real estate data.
Boyle County, Kentucky had an estimated 31,394 residents on July 1, 2024, up 2.5 percent since the 2020 census base of 30,622, across 180 square miles. County output reached $1.76 bn in 2024, 780 establishments operate here, and the SBA record carries 11 7(a) approvals worth $2.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Boyle County
How many people live in Boyle County
- Population, American Community Survey 2020-202430,941
- Households12,045
- Average household size2.57
- Median household income$61,159
- Median age39.5
- Median gross rent$778 per month
- Median owner-occupied home value$209,900
- Home value to household income3.4 times
- Annual rent as a share of median income15.3 percent
- Adults 25 and over with a bachelor degree or higher26.2 percent
- Adults 25 and over with a graduate degree11.6 percent
- Adults 25 and over20,918
- Population under 186,467
- Share under 1820.9 percent
- Population 65 and over5,773
- Share 65 and over18.7 percent
- Working age population, 18 to 6418,701
- Civilian labor force13,840
- Unemployment rate5.8 percent
- Labor force participation, adults 18 and over56.5 percent
- Rank by population among Kentucky counties33rd of 120
- Rank by population among US county-equivalents, Puerto Rico included1452nd of 3,222
Boyle County is the 33rd largest of 120 Kentucky counties by population. A median home costs 3.4 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 20.9 percent against 18.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Boyle County
Is Boyle County's population growing?
- Population, July 1, 202431,394
- Census 2020 base population30,622
- Population change since the 2020 census base2.52 percent
- Population change, 2023 to 2024298
- Births, 2024319
- Deaths, 2024371
- Natural change, 2024-52
- Net domestic migration, 2024223
- Net international migration, 2024126
- Total net migration, 2024349
- Cumulative net domestic migration, 2021 to 2024729
- Rank by growth among US county-equivalents1003rd of 3,144
The county has grown 2.52 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration 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.
Boyle County
Where are people moving to Boyle County from?
- Tax returns filed by households arriving885
- People arriving, from those returns1,667
- Tax returns filed by households leaving812
- Net household movement73
- Adjusted gross income arriving$50.9 m
- Net adjusted gross income movement$12.6 m
- Average income of an arriving household$57,493
- Average income of a leaving household$47,200
- Largest single originLincoln County (122 households)
- Largest single destinationLincoln County (126 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Lincoln County | 122 | 245 | $5.1 m |
| Mercer County | 108 | 202 | $5.3 m |
| Fayette County | 74 | 120 | $4.2 m |
| Jessamine County | 58 | 119 | $3.0 m |
| Garrard County | 41 | 90 | $1.7 m |
| Madison County | 27 | 52 | $1.4 m |
| Casey County | 22 | 42 | $813,000 |
| Washington County | 22 | 46 | $1.1 m |
Households arriving report $10,293 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 Lincoln 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.
Boyle County
What is the Boyle County economy?
- County GDP, 2024$1.76 bn
- County GDP, 2023$1.67 bn
- GDP change, 2023 to 20245.3 percent
- GDP change over five years36.9 percent
- Rank by GDP among the Kentucky areas BEA publishes29th of 120
- Rank by GDP among the US county areas BEA publishes1381st of 3,127
- GDP per resident$56,980
Output grew 5.3 percent in the latest year and 36.9 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.
Boyle County
Employment by industry in Boyle County
- Covered employment, annual average14,690
- Establishments reporting1,066
- Average annual pay$52,071
- Average weekly wage$1,001
- Manufacturing, employment2,104
- Manufacturing, average annual pay$59,180
- Retail trade, employment1,738
- Retail trade, average annual pay$39,941
- Accommodation and food services, employment1,629
- Accommodation and food services, average annual pay$20,720
- Wholesale trade, employment794
- Wholesale trade, average annual pay$47,307
- Administrative and support and waste management services, employment559
- Construction, employment437
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 2,104 | 50 | $59,180 |
| Retail trade | 1,738 | 140 | $39,941 |
| Accommodation and food services | 1,629 | 94 | $20,720 |
| Wholesale trade | 794 | 49 | $47,307 |
| Administrative and support and waste management services | 559 | 62 | $53,729 |
| Construction | 437 | 75 | $58,416 |
| Finance and insurance | 351 | 66 | $79,320 |
| Other services, except public administration | 257 | 77 | $30,004 |
Manufacturing is the largest private sector at 2,104 jobs, 14.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Boyle County
How many businesses are in Boyle County?
- Establishments, all industries780
- Employment at those establishments13,620
- Annual payroll$655.3 m
- Establishments per 1,000 residents25.2
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.
Boyle County
Building permits in Boyle County
- Housing units authorized by permit, 202485
- Declared construction value permitted$23.8 m
- Single family units authorized77
- Multifamily units authorized8
- Multifamily share of units9.4 percent
- Average declared value per unit$280,377
- Units authorized per 1,000 households7.1
Single-family homes are 90.6 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Boyle County
SBA loans in Boyle County (7(a) and 504)
- 7(a) approvals recorded11
- 7(a) gross approval dollars$2.8 m
- Average 7(a) approval$255,045
- Median 7(a) approval$240,000
- Largest single approval$763,800
- Jobs reported supported, 7(a)91
- Jobs per approval8.3
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals8
- Median 7(a) term120 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 shorter9
- Franchise loans1
- Franchise share of approvals9.1 percent
- Most active lenderCommunity Trust Bank, Inc. (6)
- 504 approvals recorded4
- 504 gross approval dollars$2.6 m
- Average 504 approval$658,750
- Median 504 approval$515,000
- Distinct CDCs active2
- 504 jobs per approval20.3
- 504 jobs per million dollars approved30.7
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$5.4 m
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.
Boyle County
SBA loan default and charge-off rates in Boyle County
Do SBA loans in Boyle County get paid back?
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Exempt from disclosure4
- Status: Cancelled2
- Status: Committed, not yet disbursed3
Only 2 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.
Boyle County
How large is Boyle County?
- Land area180 sq mi
- Rank by land area among Kentucky counties111th of 120
- Width, east to west20.9 mi
- Height, north to south11.6 mi
- Geographies sharing a boundary6
- Residents per square mile of land172
- Establishments per square mile4.33
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.
Boyle County
Flood risk in Boyle County
- Participation of the county's own NFIP community Boyle County, unincorporated areasParticipating, community 210322
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP4
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Boyle County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Boyle County (community 210322), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Boyle County in radon zone 1, a predicted average indoor radon screening level greater than 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 Boyle 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 Boyle County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202430,941
- Households12,045
- Average household size2.57
- Median household income$61,159
- Median age39.5
Common questions
Boyle County questions, answered from the record.
How many people live in Boyle County, Kentucky?
The Census Bureau estimates 31,394 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 30,941, in 12,045 households, ranking 33rd of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Boyle County's population growing?
The population has grown 2.52 percent since the 2020 census base of 30,622, to 31,394 on July 1, 2024. In 2024 there were 319 births against 371 deaths, with net migration of 349. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Boyle County?
$61,159. The median owner-occupied home is valued at $209,900, which is 3.4 times income, and median gross rent is $778 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Boyle County?
780 establishments, employing 13,620 people with an annual payroll of $655.3 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 Boyle County?
Manufacturing is the largest private sector at 2,104 jobs, 14.3 percent of covered employment. Covered employment averages 14,690 jobs at an average annual pay of $52,071, or $1,001 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Boyle County?
11 7(a) approvals totaling $2.8 m since FY2020, across 5 lenders, with a median approval of $240,000, plus 4 504 approvals worth $2.6 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Boyle County?
85 housing units were authorized by permit in 2024, with a declared construction value of $23.8 m. Multifamily was 9.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Boyle 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 Boyle County come from?
The largest single origin is Lincoln County, with 122 households. Arriving households report an average income of $57,493 against $47,200 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Boyle 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 Boyle 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.
Boyle County
Cities and places in Boyle.
3 Census places lie wholly or partly in Boyle County. All 3 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Danville | city | 17,327 | 11 | Wholly in this county |
| Junction City | city | 2,643 | None recorded | Wholly in this county |
| Perryville | city | 970 | None recorded | Wholly in this county |
Nearby