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Bullitt County, KY

Shepherdsville Northwest

RANK #130 / 996 NAT  ·  #1 / 19 KY  ·  POP 82,482

1YR FORECAST: +0.9%

5YR OUTLOOK: +34%

Our model projects Bullitt County's housing market to grow +0.9% over the next year, significantly outpacing the national average.

[01] Why Bullitt County?

Bullitt County, Kentucky, is often recognized for Bernheim Arboretum and Research Forest, a significant natural landmark offering extensive hiking trails and unique art installations. Located just south of Louisville, about a 27-minute drive via I-65, the county provides a blend of rural scenery and convenient access to a larger city. Communities like Shepherdsville, the county seat, and Mount Washington, the largest city, offer a small-town atmosphere. The Salt River, important historically for salt production, winds through the area, contributing to the natural landscape.

Life in Bullitt County often appeals to families seeking a balance between country living and proximity to urban amenities. The Bullitt County Public Schools system is one of Kentucky's largest, serving communities across the county. While public transportation options are limited, most residents drive to work, with an average commute time of under 30 minutes. The economy is experiencing growth, particularly in industrial and logistics sectors, driven by its location along a major interstate corridor. This has led to the development of warehousing and distribution facilities, attracting investment to the area.

[02] Market Snapshot

Housing Ratio
6.2x

Above national median (4.7x)

GDP Growth
+2.9%

Above national median

Home Prices
+1.7%

Above national median

Climate & Terrain
-0.9

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 6.2x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Bullitt County Public Schools Education
    1,000+
  2. 2
    UPS Supply Chain Solutions Logistics
    100+
  3. 3
    Amazon, Inc. Logistics
  4. 4
    Magna Seating of America, Inc. Manufacturing
  5. 5
    Gordon Food Service Logistics
  6. 6
    McKesson Healthcare
  7. 7
    University of Louisville Health Healthcare
  8. 8
    Jim Beam Manufacturing
  9. 9
    Four Roses Manufacturing
  10. 10
    City of Shepherdsville Government

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Bullitt County U.S. National

The Numbers

DEMOGRAPHICS
Population
82,482
+0.92% YoY
Median Household Income
$73,900
Median Home Value
$214,000
+1.67% 12mo
Median Rent
$947
Average Annual Pay
$52,323
+5.8% YoY
Employment
29,786
+2.2% YoY
Income-to-Home-Value
0.3453
More affordable than average
Migration Inflow
3.0%
of pop. from another state
Bachelor's Degree+
17.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$276,500
Days on Market
59
Moderate pace
Months of Supply
3.6
Balanced market
Sale-to-List Ratio
98.9%
Near asking price
Sold Above List
21.3%
Listings w/ Price Drops
24.2%
Building Permits (2024)
380
Single-Family Permits
320

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.2
per 100K · nat avg 6.3
Firearm Fatalities
20.2
per 100K · nat avg 14.8
Injury Deaths
104.4
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
40.3
Good
Good Air Days
86%
612 of 714 days
Unhealthy+ Days (3yr)
8
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
37
2022
40
2023
44
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$386M
TOTAL
PROJECT AMOUNT STATUS
UPS Supply Chain Solutions Logistics Facility (New)
UPS Supply Chain Solutions Inc.
$178M Under Construction
UPS Velocity Facility
UPS Supply Chain Solutions
$79M Completed
Bullitt County 161 kV Battery Project
Undisclosed
$50M Planned
Grand Reserve at Bullitt County (Proposed)
Private Client
$50M Proposed
Louisville Water Company Regional Water Main Expansion
Louisville Water Company
$28M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +2.9% 55 percentile
Population Growth +0.9% 69 percentile
Income Growth +8.8% 60 percentile
Vacancy Rate 1.2% 37 percentile
Home Price Change +1.7% 55 percentile
Rent Growth +6.8% 90 percentile
Price/Rent 11x 76 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Bullitt County, KY a good place to move to?

Bullitt County ranks #130 out of 996 U.S. counties on the Boom Town Index with a score of 87/100, putting it in the top tier nationally. Job growth of +2.2% and a median household income of $73,900 point to a county with active economic momentum.

Is Bullitt County affordable?

Housing in Bullitt County is roughly in line with national affordability norms. The median home costs $214,000 and the income-to-home-value ratio sits at 0.35, with rents averaging $947/month. Not a bargain, but not a stretch for most local earners either.

Is Bullitt County growing or shrinking?

Bullitt County is growing on multiple fronts. Population is up +0.9% year-over-year while employers added jobs at a +2.2% clip. Home values shifted +1.7% in the past year.

Are people moving to Bullitt County?

There's a moderate stream of newcomers. About 3.0% of residents moved from another state, which is above average and suggests Bullitt County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Daviess County, KY 84 Kenton County, KY 81 Jessamine County, KY 79 Fayette County, KY 70 Scott County, KY 61 Jefferson County, KY 42 Orangeburg County, SC 87 Anderson County, TN 87