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Daviess County, KY

RANK #466 / 1001 NAT  ·  #6 / 19 KY  ·  POP 103,648

1YR FORECAST: +1.0%

5YR OUTLOOK: +29%

Daviess County's housing market is projected to grow +1.0% over the next year, tracking near the national average.

[01] Why Daviess County?

Daviess County, Kentucky, is known for its distinctive barbecue mutton and its historical role in bourbon distilling. The county seat, Owensboro, sits along the Ohio River, approximately an hour's drive southeast of Evansville, Indiana, and about two hours north of Nashville, Tennessee. The community offers a blend of urban amenities in Owensboro and a more rural feel in its smaller towns like Whitesville and Philpot. Commutes within the county are generally short, ranging from 5 to 20 minutes. The landscape features flat areas near the river and rolling hills to the south, with numerous parks like Yellow Creek and Panther Creek offering hiking, fishing, and disc golf.

Life in Daviess County appeals to families, with public schools in the Daviess County Public School District generally performing above average. The cost of living is lower than the national average. The economy, historically rooted in agriculture and manufacturing, is experiencing growth driven by investments in various sectors. Recent expansions in manufacturing and other industries have created new jobs. The county's river port also plays a role in commerce, facilitating the movement of goods.

MARKET PROFILE

Heartland Steady Growth

Daviess County is one of 145 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +1.6% runs below the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
7.7x

Overvalued relative to economy

Home Prices
+1.6%

Below national median

Climate & Terrain
-1.2

Below-average climate & terrain

Price/Rent
14x

Below national median (15x)

Housing looks overvalued at 7.7x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Owensboro Health Healthcare
    2,500+
  2. 2
    Daviess County Public Schools Education
    1,000+
  3. 3
    Swedish Match Manufacturing
  4. 4
    US Bank Home Mortgage Finance
  5. 5
    Audubon Area Community Services Other
  6. 6
    Specialty Food Group Manufacturing
  7. 7
    Owensboro Community & Technical College Education
  8. 8
    City of Owensboro Government
  9. 9
    UniFirst Manufacturing
  10. 10
    Metalsa Manufacturing

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

[04] Home Value Growth vs National

Daviess County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
103,648
+0.44% YoY
Median Household Income
$68,214
Median Home Value
$199,900
+1.59% 12mo
Median Rent
$918
Average Annual Pay
$56,481
+5.4% YoY
Employment
47,783
+1.2% YoY
Income-to-Home-Value
0.3412
More affordable than average
Migration Inflow
2.48%
of pop. from another state
Bachelor's Degree+
26.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$225,000
Days on Market
27
Active market
Months of Supply
1.7
Seller's market
Sale-to-List Ratio
98.1%
Near asking price
Sold Above List
18.6%
Listings w/ Price Drops
54.5%
Building Permits (2025)
253
Single-Family Permits
183

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

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.1
per 100K · nat avg 6.3
Firearm Fatalities
16.8
per 100K · nat avg 14.8
Injury Deaths
81.8
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)
48.3
Good
Good Air Days
56%
529 of 946 days
Unhealthy+ Days (3yr)
9
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
48
2022
46
2023
51
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

$450M
TOTAL
PROJECT AMOUNT STATUS
Reid - Daviess Co 161 kV Solar Project
Undisclosed
$200M Planned
Owensboro Solar Project
NextEra Energy Resources
$150M Planned
Daviess County RNG Project (Landfill Gas-to-Energy)
Red Tail Renewables / Pacolet Milliken / Inyarek partners (TC Energy for pipeline connection)
$50M Operating
Public Safety Facility (Sheriff's Office, Fire Station, EMA, Backup Dispatch)
Daviess County
$50M Planned

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

[08] Score Breakdown

Population Growth +0.4% 41 percentile
Income Growth +4.4% 84 percentile
Vacancy Rate 1.2% 36 percentile
Home Price Change +1.6% 49 percentile
Rent Growth +3.7% 64 percentile
Price/Rent 14x 61 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

Daviess County scores 53/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#466). Median household income is $68,214 and job growth is running at +1.2%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Daviess County affordable?

Housing in Daviess County is roughly in line with national affordability norms. The median home costs $199,900 and the income-to-home-value ratio sits at 0.34, with rents averaging $918/month. Not a bargain, but not a stretch for most local earners either.

Is Daviess County growing or shrinking?

Employers in Daviess County are hiring — job growth of +1.2% — but the population is close to flat (+0.4% YoY). Home values moved +1.6% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Daviess County?

There's a moderate stream of newcomers. About 2.48% of residents moved from another state, which is above average and suggests Daviess County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Campbell County, KY 47 Franklin County, KY 44 Kenton County, KY 43 Bullitt County, KY 65 Fayette County, KY 41 Madison County, KY 38 Christian County, MO 53 Bonneville County, ID 53