Pike County, Kentucky: commercial real estate data.
Pike County, Kentucky had an estimated 55,430 residents on July 1, 2024, down 5.5 percent since the 2020 census base of 58,668, across 787 square miles. County output reached $2.67 bn in 2024, 1,109 establishments operate here, and the SBA record carries 60 7(a) approvals worth $8.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Pike County
How many people live in Pike County
- Population, American Community Survey 2020-202456,727
- Households24,284
- Average household size2.34
- Median household income$44,312
- Median age43.3
- Median gross rent$858 per month
- Median owner-occupied home value$112,000
- Home value to household income2.5 times
- Annual rent as a share of median income23.2 percent
- Adults 25 and over with a bachelor degree or higher17.8 percent
- Adults 25 and over with a graduate degree8.0 percent
- Adults 25 and over40,716
- Population under 1811,494
- Share under 1820.3 percent
- Population 65 and over11,401
- Share 65 and over20.1 percent
- Working age population, 18 to 6433,832
- Civilian labor force20,300
- Unemployment rate5.2 percent
- Labor force participation, adults 18 and over44.9 percent
- Rank by population among Kentucky counties17th of 120
- Rank by population among US county-equivalents, Puerto Rico included932nd of 3,222
Pike County is the 17th largest of 120 Kentucky counties by population. A median home costs 2.5 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 20.3 percent against 20.1 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Pike County
Is Pike County's population growing?
- Population, July 1, 202455,430
- Census 2020 base population58,668
- Population change since the 2020 census base-5.52 percent
- Population change, 2023 to 2024-568
- Births, 2024523
- Deaths, 2024900
- Natural change, 2024-377
- Net domestic migration, 2024-268
- Net international migration, 202479
- Total net migration, 2024-189
- Cumulative net domestic migration, 2021 to 2024-1,293
- Rank by growth among US county-equivalents3016th of 3,144
The county has lost 5.52 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.
Pike County
Where are people moving to Pike County from?
- Tax returns filed by households arriving680
- People arriving, from those returns1,287
- Tax returns filed by households leaving867
- Net household movement-187
- Adjusted gross income arriving$26.8 m
- Net adjusted gross income movement$-12.5 m
- Average income of an arriving household$39,412
- Average income of a leaving household$45,359
- Largest single originFloyd County (98 households)
- Largest single destinationFloyd County (108 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Floyd County | 98 | 204 | $4.0 m |
| Mingo County | 66 | 141 | $3.3 m |
| Fayette County | 33 | 43 | $1.3 m |
| Letcher County | 27 | 59 | $1.1 m |
Households arriving report $5,947 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Floyd 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.
Pike County
What is the Pike County economy?
- County GDP, 2024$2.67 bn
- County GDP, 2023$2.60 bn
- GDP change, 2023 to 20242.4 percent
- GDP change over five years33.7 percent
- Rank by GDP among the Kentucky areas BEA publishes21st of 120
- Rank by GDP among the US county areas BEA publishes1062nd of 3,127
- GDP per resident$46,988
Output grew 2.4 percent in the latest year and 33.7 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.
Pike County
Employment by industry in Pike County
- Covered employment, annual average20,549
- Establishments reporting1,627
- Average annual pay$51,529
- Average weekly wage$991
- Retail trade, employment3,490
- Retail trade, average annual pay$32,033
- Accommodation and food services, employment1,904
- Accommodation and food services, average annual pay$19,200
- Manufacturing, employment668
- Manufacturing, average annual pay$63,126
- Finance and insurance, employment654
- Finance and insurance, average annual pay$58,055
- Professional, scientific and technical services, employment596
- Construction, employment555
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 3,490 | 260 | $32,033 |
| Accommodation and food services | 1,904 | 115 | $19,200 |
| Manufacturing | 668 | 32 | $63,126 |
| Finance and insurance | 654 | 68 | $58,055 |
| Professional, scientific and technical services | 596 | 132 | $62,853 |
| Construction | 555 | 97 | $50,814 |
| Wholesale trade | 504 | 45 | $80,426 |
| Administrative and support and waste management services | 482 | 81 | $34,437 |
Retail trade is the largest private sector at 3,490 jobs, 17.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Pike County
How many businesses are in Pike County?
- Establishments, all industries1,109
- Employment at those establishments16,918
- Annual payroll$830.8 m
- Establishments per 1,000 residents19.5
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.
Pike County
Building permits in Pike County
- Housing units authorized by permit, 20245
- Declared construction value permitted$1.9 m
- Single family units authorized5
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$380,000
- Units authorized per 1,000 households0.2
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.
Pike County
SBA loans in Pike County (7(a) and 504)
- 7(a) approvals recorded60
- 7(a) gross approval dollars$8.6 m
- Average 7(a) approval$142,855
- Median 7(a) approval$80,350
- 10th percentile approval$20,960
- 90th percentile approval$291,380
- Largest single approval$1,050,000
- Jobs reported supported, 7(a)292
- Jobs per approval4.9
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals43
- Median 7(a) term99 months
- Share of loans on real estate terms, 240 months or longer10.0 percent
- Loans on real estate terms6
- Loans on working capital terms, 120 months or shorter50
- Franchise loans6
- Franchise share of approvals10.0 percent
- Leading industry by approval countOffices of All Other Miscellaneous Health Practitioners (5)
- Most active lenderCommunity Trust Bank, Inc. (53)
- 504 approvals recorded1
- 504 gross approval dollars$4.3 m
- Average 504 approval$4,285,000
- Median 504 approval$4,285,000
- Distinct CDCs active1
- 504 jobs per approval30.0
- 504 jobs per million dollars approved7.0
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$12.9 m
The average approval of $142,855 sits well above the median of $80,350, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 10.0 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.
Pike County
SBA loan default and charge-off rates in Pike County
Do SBA loans in Pike County get paid back?
- Loans with a final outcome recorded14
- Paid in full14
- Charged off0
- Status: Paid in full14
- Status: Exempt from disclosure43
- Status: Cancelled3
Only 14 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.
Pike County
SBA lending by place in Pike County
- Borrower cities with recorded lending8
- Pikeville, approvals41
- Elkhorn City, approvals5
- South Williamson, approvals4
- Belfry, approvals3
- Forest Hills, approvals3
- Shelbiana, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Pikeville | 41 | $6,999,300 |
| Elkhorn City | 5 | $349,600 |
| South Williamson | 4 | $352,600 |
| Belfry | 3 | $406,700 |
| Forest Hills | 3 | $82,800 |
| Shelbiana | 2 | $45,400 |
| Ashcamp | 1 | $284,900 |
| Canada | 1 | $50,000 |
Pikeville accounts for 41 approvals against 5 in Elkhorn City. 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.
Pike County
How large is Pike County?
- Land area787 sq mi
- Rank by land area among Kentucky counties1st of 120
- Width, east to west42 mi
- Height, north to south37.6 mi
- Geographies sharing a boundary8
- Residents per square mile of land72
- Establishments per square mile1.41
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.
Pike County
Flood risk in Pike County
- Participation of the county's own NFIP community Pike County, unincorporated areasParticipating, community 210298
- Community Rating System class of the county's own communityClass 9
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP4
- 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 9
- Communities carrying a CRS class2
- Radon levels in Pike 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 Pike County (community 210298), participates in the National Flood Insurance Program and carries Community Rating System class 9, a flood insurance premium discount for policies written there. The EPA places Pike 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 9, 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 Pike 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 Pike County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202456,727
- Households24,284
- Average household size2.34
- Median household income$44,312
- Median age43.3
Common questions
Pike County questions, answered from the record.
How many people live in Pike County, Kentucky?
The Census Bureau estimates 55,430 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 56,727, in 24,284 households, ranking 17th of 120 Kentucky counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Pike County's population growing?
The population has fallen 5.52 percent since the 2020 census base of 58,668, to 55,430 on July 1, 2024. In 2024 there were 523 births against 900 deaths, with net migration of -189. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Pike County?
$44,312. The median owner-occupied home is valued at $112,000, which is 2.5 times income, and median gross rent is $858 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Pike County?
1,109 establishments, employing 16,918 people with an annual payroll of $830.8 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 Pike County?
Retail trade is the largest private sector at 3,490 jobs, 17.0 percent of covered employment. Covered employment averages 20,549 jobs at an average annual pay of $51,529, or $991 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Pike County?
60 7(a) approvals totaling $8.6 m since FY2020, across 5 lenders, with a median approval of $80,350, plus 1 504 approvals worth $4.3 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Pike County?
5 housing units were authorized by permit in 2024, with a declared construction value of $1.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Pike 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 Pike County come from?
The largest single origin is Floyd County, with 98 households. Arriving households report an average income of $39,412 against $45,359 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Pike 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 Pike 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.
Pike County
Cities and places in Pike.
9 Census places lie wholly or partly in Pike County. All 9 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 |
|---|---|---|---|---|
| Pikeville | city | 7,490 | 41 | Wholly in this county |
| Coal Run Village | city | 1,724 | None recorded | Wholly in this county |
| Elkhorn City | city | 846 | 5 | Wholly in this county |
| South Williamson | CDP | 472 | 4 | Wholly in this county |
| Virgie | CDP | 424 | None recorded | Wholly in this county |
| Phelps | CDP | 301 | None recorded | Wholly in this county |
| McCarr | CDP | 265 | None recorded | Wholly in this county |
| Belfry | CDP | 118 | 3 | Wholly in this county |
| Freeburn | CDP | 91 | None recorded | Wholly in this county |
A further 7 of the county's 60 SBA 7(a) approvals are to borrowers in cities that match no Census place in Pike County, the largest being Forest Hills (3), Shelbiana (2), Ashcamp (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.