Monroe County, Kentucky: commercial real estate data.
Monroe County, Kentucky had an estimated 11,163 residents on July 1, 2024, down 1.5 percent since the 2020 census base of 11,336, across 329 square miles. County output reached $454.6 m in 2024, 209 establishments operate here, and the SBA record carries 3 7(a) approvals worth $106,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Monroe County
How many people live in Monroe County
- Population, American Community Survey 2020-202411,269
- Households4,645
- Average household size2.43
- Median household income$51,280
- Median age41.1
- Median gross rent$657 per month
- Median owner-occupied home value$115,900
- Home value to household income2.3 times
- Annual rent as a share of median income15.4 percent
- Adults 25 and over with a bachelor degree or higher16.0 percent
- Adults 25 and over with a graduate degree9.0 percent
- Adults 25 and over7,715
- Population under 182,753
- Share under 1824.4 percent
- Population 65 and over2,104
- Share 65 and over18.7 percent
- Working age population, 18 to 646,412
- Civilian labor force5,181
- Unemployment rate4.0 percent
- Labor force participation, adults 18 and over60.8 percent
- Rank by population among Kentucky counties95th of 120
- Rank by population among US county-equivalents, Puerto Rico included2403rd of 3,222
Monroe County is the 95th largest of 120 Kentucky counties by population. A median home costs 2.3 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 24.4 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.
Monroe County
Is Monroe County's population growing?
- Population, July 1, 202411,163
- Census 2020 base population11,336
- Population change since the 2020 census base-1.53 percent
- Population change, 2023 to 2024-108
- Births, 2024139
- Deaths, 2024185
- Natural change, 2024-46
- Net domestic migration, 2024-70
- Net international migration, 20249
- Total net migration, 2024-61
- Cumulative net domestic migration, 2021 to 202424
- Rank by growth among US county-equivalents2368th of 3,144
The county has lost 1.53 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.
Monroe County
Where are people moving to Monroe County from?
- Tax returns filed by households arriving166
- People arriving, from those returns371
- Tax returns filed by households leaving149
- Net household movement17
- Adjusted gross income arriving$7.9 m
- Net adjusted gross income movement$2.8 m
- Average income of an arriving household$47,410
- Average income of a leaving household$34,329
- Largest single originBarren County (39 households)
- Largest single destinationBarren County (34 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Barren County | 39 | 84 | $1.3 m |
Households arriving report $13,081 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 Barren 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.
Monroe County
What is the Monroe County economy?
- County GDP, 2024$454.6 m
- County GDP, 2023$406.7 m
- GDP change, 2023 to 202411.8 percent
- GDP change over five years42.8 percent
- Rank by GDP among the Kentucky areas BEA publishes81st of 120
- Rank by GDP among the US county areas BEA publishes2464th of 3,127
- GDP per resident$40,337
Output grew 11.8 percent in the latest year and 42.8 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.
Monroe County
Employment by industry in Monroe County
- Covered employment, annual average3,230
- Establishments reporting302
- Average annual pay$47,811
- Average weekly wage$919
- Manufacturing, employment592
- Manufacturing, average annual pay$49,490
- Retail trade, employment383
- Retail trade, average annual pay$32,413
- Construction, employment280
- Construction, average annual pay$97,362
- Administrative and support and waste management services, employment181
- Administrative and support and waste management services, average annual pay$49,851
- Wholesale trade, employment104
- Finance and insurance, employment96
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 592 | 15 | $49,490 |
| Retail trade | 383 | 50 | $32,413 |
| Construction | 280 | 24 | $97,362 |
| Administrative and support and waste management services | 181 | 8 | $49,851 |
| Wholesale trade | 104 | 14 | $58,719 |
| Finance and insurance | 96 | 14 | $62,525 |
| Agriculture, forestry, fishing and hunting | 62 | 9 | $36,051 |
| Other services, except public administration | 49 | 16 | $38,887 |
Manufacturing is the largest private sector at 592 jobs, 18.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Monroe County
How many businesses are in Monroe County?
- Establishments, all industries209
- Employment at those establishments2,649
- Annual payroll$123.8 m
- Establishments per 1,000 residents18.5
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.
Monroe County
SBA loans in Monroe County (7(a) and 504)
- 7(a) approvals recorded3
- 7(a) gross approval dollars$106,000
- Average 7(a) approval$35,333
- Median 7(a) approval$30,000
- Largest single approval$52,000
- Jobs reported supported, 7(a)38
- Jobs per approval12.7
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals3
- Median 7(a) term84 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter3
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded1
- 504 gross approval dollars$559,000
- Average 504 approval$559,000
- Median 504 approval$559,000
- Distinct CDCs active1
- 504 jobs per approval10.0
- 504 jobs per million dollars approved17.9
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$665,000
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.
Monroe County
SBA loan default and charge-off rates in Monroe County
Do SBA loans in Monroe County get paid back?
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Paid in full1
- Status: Cancelled2
Only 1 loan has 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.
Monroe County
How large is Monroe County?
- Land area329 sq mi
- Rank by land area among Kentucky counties56th of 120
- Width, east to west30 mi
- Height, north to south15.6 mi
- Geographies sharing a boundary6
- Residents per square mile of land34
- Establishments per square mile0.64
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.
Monroe County
Flood risk in Monroe County
- Participation of the county's own NFIP community Monroe County, unincorporated areasParticipating, community 210346
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP2
- NFIP participation rate50.0 percent
- Communities carrying a CRS class0
- Radon levels in Monroe 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 Monroe County (community 210346), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Monroe 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. 50.0 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 Monroe 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 Monroe County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202411,269
- Households4,645
- Average household size2.43
- Median household income$51,280
- Median age41.1
Common questions
Monroe County questions, answered from the record.
How many people live in Monroe County, Kentucky?
The Census Bureau estimates 11,163 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 11,269, in 4,645 households, ranking 95th of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Monroe County's population growing?
The population has fallen 1.53 percent since the 2020 census base of 11,336, to 11,163 on July 1, 2024. In 2024 there were 139 births against 185 deaths, with net migration of -61. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Monroe County?
$51,280. The median owner-occupied home is valued at $115,900, which is 2.3 times income, and median gross rent is $657 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Monroe County?
209 establishments, employing 2,649 people with an annual payroll of $123.8 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 Monroe County?
Manufacturing is the largest private sector at 592 jobs, 18.3 percent of covered employment. Covered employment averages 3,230 jobs at an average annual pay of $47,811, or $919 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Monroe County?
3 7(a) approvals totaling $106,000 since FY2020, across 2 lenders, with a median approval of $30,000, plus 1 504 approvals worth $559,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
What is the radon zone for Monroe 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 Monroe County come from?
The largest single origin is Barren County, with 39 households. Arriving households report an average income of $47,410 against $34,329 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Monroe 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 Monroe 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.
Monroe County
Cities and places in Monroe.
3 Census places lie wholly or partly in Monroe 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 |
|---|---|---|---|---|
| Tompkinsville | city | 2,613 | 3 | Wholly in this county |
| Gamaliel | city | 352 | None recorded | Wholly in this county |
| Fountain Run | city | 255 | None recorded | Wholly in this county |