Gallatin County, Kentucky: commercial real estate data.
Gallatin County, Kentucky had an estimated 8,805 residents on July 1, 2024, up 1.3 percent since the 2020 census base of 8,695, across 101 square miles. County output reached $461.4 m in 2024, 84 establishments operate here, and the SBA record carries 3 7(a) approvals worth $2.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Gallatin County
How many people live in Gallatin County
- Population, American Community Survey 2020-20248,769
- Households3,265
- Average household size2.69
- Median household income$63,346
- Median age39.6
- Median gross rent$832 per month
- Median owner-occupied home value$178,200
- Home value to household income2.8 times
- Annual rent as a share of median income15.8 percent
- Adults 25 and over with a bachelor degree or higher15.0 percent
- Adults 25 and over with a graduate degree5.3 percent
- Adults 25 and over5,996
- Population under 182,013
- Share under 1823.0 percent
- Population 65 and over1,390
- Share 65 and over15.9 percent
- Working age population, 18 to 645,366
- Civilian labor force4,270
- Unemployment rate4.6 percent
- Labor force participation, adults 18 and over63.2 percent
- Rank by population among Kentucky counties106th of 120
- Rank by population among US county-equivalents, Puerto Rico included2581st of 3,222
Gallatin County is the 106th largest of 120 Kentucky counties by population. A median home costs 2.8 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 23.0 percent against 15.9 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Gallatin County
Is Gallatin County's population growing?
- Population, July 1, 20248,805
- Census 2020 base population8,695
- Population change since the 2020 census base1.27 percent
- Population change, 2023 to 2024-18
- Births, 2024117
- Deaths, 2024107
- Natural change, 202410
- Net domestic migration, 2024-34
- Net international migration, 20247
- Total net migration, 2024-27
- Cumulative net domestic migration, 2021 to 2024115
- Rank by growth among US county-equivalents1394th of 3,144
The county has grown 1.27 percent since the 2020 census base. More people left than moved in during 2024 and births over deaths did not make up the difference, so the population fell.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Gallatin County
Where are people moving to Gallatin County from?
- Tax returns filed by households arriving265
- People arriving, from those returns509
- Tax returns filed by households leaving237
- Net household movement28
- Adjusted gross income arriving$13.7 m
- Net adjusted gross income movement$2.8 m
- Average income of an arriving household$51,558
- Average income of a leaving household$45,899
- Largest single originBoone County (67 households)
- Largest single destinationBoone County (65 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Boone County | 67 | 134 | $3.8 m |
| Kenton County | 41 | 73 | $2.5 m |
| Carroll County | 32 | 66 | $1.6 m |
| Grant County | 28 | 59 | $934,000 |
Households arriving report $5,659 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 Boone 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.
Gallatin County
What is the Gallatin County economy?
- County GDP, 2024$461.4 m
- County GDP, 2023$453.4 m
- GDP change, 2023 to 20241.8 percent
- GDP change over five years36.5 percent
- Rank by GDP among the Kentucky areas BEA publishes79th of 120
- Rank by GDP among the US county areas BEA publishes2456th of 3,127
- GDP per resident$52,618
Output grew 1.8 percent in the latest year and 36.5 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.
Gallatin County
Employment by industry in Gallatin County
- Covered employment, annual average2,488
- Establishments reporting162
- Average annual pay$70,485
- Average weekly wage$1,355
- Retail trade, employment150
- Retail trade, average annual pay$25,776
- Administrative and support and waste management services, employment62
- Administrative and support and waste management services, average annual pay$44,495
- Professional, scientific and technical services, employment22
- Professional, scientific and technical services, average annual pay$103,785
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 150 | 26 | $25,776 |
| Administrative and support and waste management services | 62 | 9 | $44,495 |
| Professional, scientific and technical services | 22 | 17 | $103,785 |
Retail trade is the largest private sector at 150 jobs, 6.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Gallatin County
How many businesses are in Gallatin County?
- Establishments, all industries84
- Employment at those establishments1,373
- Annual payroll$60.2 m
- Establishments per 1,000 residents9.6
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.
Gallatin County
Building permits in Gallatin County
- Housing units authorized by permit, 202456
- Declared construction value permitted$2.5 m
- Single family units authorized56
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$44,098
- Units authorized per 1,000 households17.2
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Gallatin County
SBA loans in Gallatin County (7(a) and 504)
- 7(a) approvals recorded3
- 7(a) gross approval dollars$2.8 m
- Average 7(a) approval$940,600
- Median 7(a) approval$50,000
- Largest single approval$2,760,000
- Jobs reported supported, 7(a)17
- Jobs per approval5.7
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer33.3 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter2
- Franchise loans1
- Franchise share of approvals33.3 percent
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Gallatin County
SBA loan default and charge-off rates in Gallatin County
Do SBA loans in Gallatin County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Cancelled2
- Status: Exempt from disclosure1
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.
Gallatin County
SBA lending by place in Gallatin County
- Borrower cities with recorded lending3
- Sparta, approvals1
- Warsaw, approvals1
- Glencoe, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Sparta | 1 | $2,760,000 |
| Warsaw | 1 | $50,000 |
| Glencoe | 1 | $11,800 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Gallatin County
How large is Gallatin County?
- Land area101 sq mi
- Rank by land area among Kentucky counties119th of 120
- Width, east to west19.6 mi
- Height, north to south13.4 mi
- Geographies sharing a boundary5
- Residents per square mile of land87
- Establishments per square mile0.83
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.
Gallatin County
Flood risk in Gallatin County
- Participation of the county's own NFIP community Gallatin County, unincorporated areasParticipating, community 210281
- 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 Gallatin 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 Gallatin County (community 210281), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Gallatin 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 Gallatin 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 Gallatin County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20248,769
- Households3,265
- Average household size2.69
- Median household income$63,346
- Median age39.6
Common questions
Gallatin County questions, answered from the record.
How many people live in Gallatin County, Kentucky?
The Census Bureau estimates 8,805 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 8,769, in 3,265 households, ranking 106th of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Gallatin County's population growing?
The population has grown 1.27 percent since the 2020 census base of 8,695, to 8,805 on July 1, 2024. In 2024 there were 117 births against 107 deaths, with net migration of -27. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Gallatin County?
$63,346. The median owner-occupied home is valued at $178,200, which is 2.8 times income, and median gross rent is $832 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Gallatin County?
84 establishments, employing 1,373 people with an annual payroll of $60.2 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 Gallatin County?
Retail trade is the largest private sector at 150 jobs, 6.0 percent of covered employment. Covered employment averages 2,488 jobs at an average annual pay of $70,485, or $1,355 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Gallatin County?
3 7(a) approvals totaling $2.8 m since FY2020, across 3 lenders, with a median approval of $50,000. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Gallatin County?
56 housing units were authorized by permit in 2024, with a declared construction value of $2.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Gallatin 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 Gallatin County come from?
The largest single origin is Boone County, with 67 households. Arriving households report an average income of $51,558 against $45,899 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Gallatin 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 Gallatin 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.
Gallatin County
Cities and places in Gallatin.
3 Census places lie wholly or partly in Gallatin 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 |
|---|---|---|---|---|
| Warsaw | city | 2,072 | 1 | Wholly in this county |
| Glencoe | city | 319 | 1 | Wholly in this county |
| Sparta | city | 272 | 1 | 93.5 percent here, 6.5 percent Owen County |
Nearby