Floyd County, Kentucky: commercial real estate data.
Floyd County, Kentucky had an estimated 34,532 residents on July 1, 2024, down 3.9 percent since the 2020 census base of 35,942, across 393 square miles. County output reached $1.40 bn in 2024, 700 establishments operate here, and the SBA record carries 19 7(a) approvals worth $5.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Floyd County
How many people live in Floyd County
- Population, American Community Survey 2020-202435,224
- Households14,700
- Average household size2.40
- Median household income$41,279
- Median age42.8
- Median gross rent$672 per month
- Median owner-occupied home value$98,700
- Home value to household income2.4 times
- Annual rent as a share of median income19.5 percent
- Adults 25 and over with a bachelor degree or higher15.3 percent
- Adults 25 and over with a graduate degree6.9 percent
- Adults 25 and over24,942
- Population under 187,729
- Share under 1821.9 percent
- Population 65 and over6,907
- Share 65 and over19.6 percent
- Working age population, 18 to 6420,588
- Civilian labor force12,343
- Unemployment rate7.7 percent
- Labor force participation, adults 18 and over44.9 percent
- Rank by population among Kentucky counties31st of 120
- Rank by population among US county-equivalents, Puerto Rico included1337th of 3,222
Floyd County is the 31st largest of 120 Kentucky counties by population. A median home costs 2.4 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 21.9 percent against 19.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Floyd County
Is Floyd County's population growing?
- Population, July 1, 202434,532
- Census 2020 base population35,942
- Population change since the 2020 census base-3.92 percent
- Population change, 2023 to 2024-439
- Births, 2024364
- Deaths, 2024714
- Natural change, 2024-350
- Net domestic migration, 2024-100
- Net international migration, 202411
- Total net migration, 2024-89
- Cumulative net domestic migration, 2021 to 20240
- Rank by growth among US county-equivalents2891st of 3,144
The county has lost 3.92 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Floyd County
Where are people moving to Floyd County from?
- Tax returns filed by households arriving512
- People arriving, from those returns989
- Tax returns filed by households leaving575
- Net household movement-63
- Adjusted gross income arriving$20.4 m
- Net adjusted gross income movement$-3.5 m
- Average income of an arriving household$39,863
- Average income of a leaving household$41,513
- Largest single originPike County (108 households)
- Largest single destinationPike County (98 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Pike County | 108 | 203 | $4.3 m |
| Johnson County | 74 | 170 | $2.8 m |
| Knott County | 29 | 64 | $1.3 m |
| Magoffin County | 24 | 50 | $847,000 |
Households arriving report $1,650 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Pike 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.
Floyd County
What is the Floyd County economy?
- County GDP, 2024$1.40 bn
- County GDP, 2023$1.35 bn
- GDP change, 2023 to 20243.8 percent
- GDP change over five years30.9 percent
- Rank by GDP among the Kentucky areas BEA publishes36th of 120
- Rank by GDP among the US county areas BEA publishes1570th of 3,127
- GDP per resident$39,822
Output grew 3.8 percent in the latest year and 30.9 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.
Floyd County
Employment by industry in Floyd County
- Covered employment, annual average11,156
- Establishments reporting1,160
- Average annual pay$47,449
- Average weekly wage$912
- Health care and social assistance, employment3,113
- Health care and social assistance, average annual pay$51,789
- Retail trade, employment1,344
- Retail trade, average annual pay$34,813
- Accommodation and food services, employment679
- Accommodation and food services, average annual pay$16,867
- Administrative and support and waste management services, employment674
- Administrative and support and waste management services, average annual pay$55,715
- Wholesale trade, employment452
- Construction, employment407
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 3,113 | 367 | $51,789 |
| Retail trade | 1,344 | 162 | $34,813 |
| Accommodation and food services | 679 | 58 | $16,867 |
| Administrative and support and waste management services | 674 | 42 | $55,715 |
| Wholesale trade | 452 | 43 | $59,248 |
| Construction | 407 | 68 | $57,023 |
| Transportation and warehousing | 403 | 36 | $59,975 |
| Information | 394 | 16 | $56,317 |
Health care and social assistance is the largest private sector at 3,113 jobs, 27.9 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Floyd County
How many businesses are in Floyd County?
- Establishments, all industries700
- Employment at those establishments7,604
- Annual payroll$356.1 m
- Establishments per 1,000 residents19.9
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. 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.
Floyd County
Building permits in Floyd County
- Housing units authorized by permit, 20244
- Declared construction value permitted$2.0 m
- Single family units authorized2
- Multifamily units authorized2
- Multifamily share of units50.0 percent
- Average declared value per unit$506,250
- Units authorized per 1,000 households0.3
Multifamily is 50.0 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Floyd County
SBA loans in Floyd County (7(a) and 504)
- 7(a) approvals recorded19
- 7(a) gross approval dollars$5.9 m
- Average 7(a) approval$309,195
- Median 7(a) approval$120,000
- Largest single approval$1,929,600
- Jobs reported supported, 7(a)114
- Jobs per approval6.0
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals13
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer15.8 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter15
- Franchise loans1
- Franchise share of approvals5.3 percent
- Leading industry by approval countPharmacies and Drug Retailers (4)
- Most active lenderCommunity Trust Bank, Inc. (12)
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Floyd County
SBA loan default and charge-off rates in Floyd County
Do SBA loans in Floyd County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Cancelled4
- Status: Exempt from disclosure13
- Status: Committed, not yet disbursed2
Only 0 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.
Floyd County
SBA lending by place in Floyd County
- Borrower cities with recorded lending8
- Prestonsburg, approvals11
- Minnie, approvals2
- Betsy Layne, approvals1
- McDowell, approvals1
- Allen, approvals1
- Wayland, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Prestonsburg | 11 | $3,799,100 |
| Minnie | 2 | $274,000 |
| Betsy Layne | 1 | $1,300,000 |
| McDowell | 1 | $300,000 |
| Allen | 1 | $60,000 |
| Wayland | 1 | $50,000 |
| Weeksbury | 1 | $50,000 |
| Stanville | 1 | $41,600 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Floyd County
How large is Floyd County?
- Land area393 sq mi
- Rank by land area among Kentucky counties34th of 120
- Width, east to west20.7 mi
- Height, north to south32.5 mi
- Geographies sharing a boundary5
- Residents per square mile of land90
- Establishments per square mile1.78
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.
Floyd County
Flood risk in Floyd County
- Participation of the county's own NFIP community Floyd County, unincorporated areasParticipating, community 210069
- Communities in the county in the NFIP Community Status Book6
- Of those, participating in the NFIP6
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 10
- Communities carrying a CRS class1
- Radon levels in Floyd 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 Floyd County (community 210069), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Floyd 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. The best Community Rating System class among the county's communities is 10, which carries a flood insurance premium discount for policies written in that community. 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 Floyd 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 Floyd County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202435,224
- Households14,700
- Average household size2.40
- Median household income$41,279
- Median age42.8
Common questions
Floyd County questions, answered from the record.
How many people live in Floyd County, Kentucky?
The Census Bureau estimates 34,532 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 35,224, in 14,700 households, ranking 31st of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Floyd County's population growing?
The population has fallen 3.92 percent since the 2020 census base of 35,942, to 34,532 on July 1, 2024. In 2024 there were 364 births against 714 deaths, with net migration of -89. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Floyd County?
$41,279. The median owner-occupied home is valued at $98,700, which is 2.4 times income, and median gross rent is $672 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Floyd County?
700 establishments, employing 7,604 people with an annual payroll of $356.1 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 Floyd County?
Health care and social assistance is the largest private sector at 3,113 jobs, 27.9 percent of covered employment. Covered employment averages 11,156 jobs at an average annual pay of $47,449, or $912 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Floyd County?
19 7(a) approvals totaling $5.9 m since FY2020, across 4 lenders, with a median approval of $120,000. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Floyd County?
4 housing units were authorized by permit in 2024, with a declared construction value of $2.0 m. Multifamily was 50.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Floyd 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 Floyd County come from?
The largest single origin is Pike County, with 108 households. Arriving households report an average income of $39,863 against $41,513 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Floyd 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 Floyd 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.
Floyd County
Cities and places in Floyd.
10 Census places lie wholly or partly in Floyd County. All 10 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 |
|---|---|---|---|---|
| Prestonsburg | city | 3,765 | 11 | Wholly in this county |
| Wheelwright | city | 964 | None recorded | Wholly in this county |
| McDowell | CDP | 718 | 1 | Wholly in this county |
| Auxier | CDP | 651 | None recorded | Wholly in this county |
| Betsy Layne | CDP | 557 | 1 | Wholly in this county |
| Martin | city | 494 | None recorded | Wholly in this county |
| Wayland | city | 316 | 1 | Wholly in this county |
| Dwale | CDP | 170 | None recorded | Wholly in this county |
| Allen | city | 157 | 1 | Wholly in this county |
| Maytown | CDP | 11 | None recorded | Wholly in this county |
A further 4 of the county's 19 SBA 7(a) approvals are to borrowers in cities that match no Census place in Floyd County, the largest being Minnie (2), Weeksbury (1), Stanville (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