RANK #433 / 1001 NAT · #17 / 28 IN · POP 80,918
1YR FORECAST: +1.7%
5YR OUTLOOK: +18%
Floyd County, Indiana, is often recognized for the "Floyds Knobs," a series of hills offering views of the Ohio River and downtown Louisville, Kentucky. Located just across the Ohio River from Louisville, the county seat, New Albany, provides a blend of historic charm and convenient access to a major metropolitan area. Commuting to Louisville is common, with the Sherman Minton Bridge connecting the two states. The county's landscape, with its rolling hills and woodlands, supports various outdoor activities, including hiking trails at places like Mount Saint Francis and the new Melvin and Vickie Jensen Nature Preserve.
Life in Floyd County appeals to families and professionals, many of whom commute to Louisville. The New Albany-Floyd County Consolidated School Corporation is a notable public school system in the state. Recent economic activity in the county has seen growth in sectors like manufacturing, healthcare, and education, with institutions such as Baptist Health Floyd Hospital and Indiana University Southeast contributing to the local economy. There has also been investment in infrastructure, including broadband expansion, and a focus on attracting and retaining jobs.
Floyd County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +2.9% YoY, population +0.5%, wages +3.2%). About 414 U.S. counties show this kind of mixed-signal pattern.
See all 414 Idiosyncratic Markets counties →Overvalued relative to economy
Above national median
Below-average climate & terrain
Above national median (15x)
Housing looks overvalued at 10.7x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.
Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.
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).
Source: Redfin · Census BPS — Browse sales on Redfin →
Source: Homicide rates from CDC/NCHS vital-statistics mortality data — a multi-year average that stabilizes counts in smaller counties — compiled in the County Health Rankings 2025 release. Rates per 100,000 population; U.S. average ≈ 6.5. Grade reflects homicide rate relative to the national average. Learn more →
See where Floyd County stands nationally: safest large counties in America · highest homicide-rate counties.
Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →
| PROJECT | AMOUNT | STATUS |
|---|---|---|
|
Floyd Wind Energy Center
Invenergy
|
$171M | Planned |
|
Multifamily Residential Development (Floyd's Knobs)
Theeneman Group LLC
|
$50M | Approved |
|
Microgravity Payload Development Facility (Novaparke Innovation & Technology Campus)
Redwire Corp.
|
$50M | Under Construction |
|
MP Global Products Manufacturing Facility
MP Global Products, LLC
|
$50M | Completed |
Source: public records, news, corporate announcements. Amounts are estimates where noted.
Bars show percentile rank among all 1001 counties.
Floyd County scores 56/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#433). Median household income is $79,704 and job growth is running at +1.9%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.
Housing in Floyd County is roughly in line with national affordability norms. The median home costs $251,000 and the income-to-home-value ratio sits at 0.32, with rents averaging $1,036/month. Not a bargain, but not a stretch for most local earners either.
Employers in Floyd County are hiring — job growth of +1.9% — but the population is close to flat (+0.5% YoY). Home values moved +2.9% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.
There's a moderate stream of newcomers. About 2.95% of residents moved from another state, which is above average and suggests Floyd County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.