20 / 100

Hardin County, KY

Elizabethtown

RANK #792 / 996 NAT  ·  #15 / 19 KY  ·  POP 111,005

1YR FORECAST: -0.1%

5YR OUTLOOK: +16%

Our model projects Hardin County's housing market at -0.1% over the next year, underperforming most U.S. counties.

[01] Why Hardin County?

Elizabethtown, the county seat, serves as a central hub in Hardin County, Kentucky, located about 44 miles south of Louisville. This area, part of the Elizabethtown-Fort Knox Metropolitan Statistical Area, offers a blend of historical sites and modern amenities. Residents experience a relaxed pace of life with access to outdoor recreation, including hiking, fishing, and camping at places like Freeman Lake Park and Saunders Springs Nature Preserve. The community provides a small-town feel while remaining connected to larger cities via major transportation routes like Interstate 65.

Life in Hardin County often appeals to families and young professionals. The public school system is rated above average, with institutions like John Hardin High School and East Hardin Middle School noted for their performance. The local economy is influenced by Fort Knox, a significant U.S. Army installation, and has seen recent growth in manufacturing. Major investments in energy and infrastructure are also shaping the economic landscape, contributing to job opportunities in various sectors.

[02] Market Snapshot

Housing Ratio
3.6x

Undervalued relative to economy

GDP Growth
-0.3%

Contracting economy

Home Prices
-0.5%

Prices declining

Climate & Terrain
-0.7

Below-average climate & terrain

Price/Rent
12x

Below national median (13x)

Housing looks undervalued at 3.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Hardin County Schools Education
    10,000+
  2. 2
    Fort Knox Military
    5,000+
  3. 3
    BlueOval SK Battery Park (Ford Motor Company & SK Innovation) Manufacturing
  4. 4
    Baptist Health Hardin Healthcare
    1,000+
  5. 5
    Elizabethtown Community and Technical College Education
  6. 6
    Hardin Memorial Hospital Healthcare
  7. 7
    Dollar General Retail
  8. 8
    Lee Building Products Manufacturing

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

[04] Home Value Growth vs National

Hardin County U.S. National

The Numbers

DEMOGRAPHICS
Population
111,005
+0.79% YoY
Median Household Income
$64,136
Median Home Value
$186,500
-0.47% 12mo
Median Rent
$909
Average Annual Pay
$55,787
+6.3% YoY
Employment
48,897
+2.7% YoY
Income-to-Home-Value
0.3439
More affordable than average
Migration Inflow
3.81%
of pop. from another state
Bachelor's Degree+
23.9%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$277,145
Days on Market
103
Slower market
Months of Supply
4.8
Balanced market
Sale-to-List Ratio
96.6%
Negotiation room for buyers
Sold Above List
13.1%
Listings w/ Price Drops
18.7%
Building Permits (2024)
945
Single-Family Permits
391

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

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.7
per 100K · nat avg 6.3
Firearm Fatalities
15.6
per 100K · nat avg 14.8
Injury Deaths
98.5
per 100K · nat avg 76.3
vs National Average
Near 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)
44.0
Good
Good Air Days
65%
705 of 1,091 days
Unhealthy+ Days (3yr)
5
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
43
2022
44
2023
45
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

$6,353M
TOTAL
PROJECT AMOUNT STATUS
BlueOval SK Battery Park
Ford Motor Company and SK Innovation
$5,800M Under Construction
CPV Stonecrop Solar
Competitive Power Ventures (CPV)
$143M In Development
Telesto Solar Project
Lightsource bp
$140M Proposed
Stonefield Solar Project
Candela Renewables (Stonefield Solar, LLC)
$120M Planned
Rhudes Creek Solar Project
ibV Energy Partners
$100M Proposed
Glendale KY Highway 222/Interstate 65 Interchange Improvement
Kentucky Transportation Cabinet (KYTC)
$50M Under Construction

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

[08] Score Breakdown

GDP Growth -0.3% 6 percentile
Population Growth +0.8% 64 percentile
Income Growth +7.1% 19 percentile
Vacancy Rate 1.8% 12 percentile
Home Price Change -0.5% 26 percentile
Rent Growth +3.4% 58 percentile
Price/Rent 12x 61 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

At 20/100, Hardin County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $64,136 combined with job growth of +2.7% suggests the local economy is struggling to keep pace with national trends.

Is Hardin County affordable?

Housing in Hardin County is roughly in line with national affordability norms. The median home costs $186,500 and the income-to-home-value ratio sits at 0.34, with rents averaging $909/month. Not a bargain, but not a stretch for most local earners either.

Is Hardin County growing or shrinking?

Hardin County is growing on multiple fronts. Population is up +0.8% year-over-year while employers added jobs at a +2.7% clip. Home values shifted -0.5% in the past year.

Are people moving to Hardin County?

There's a moderate stream of newcomers. About 3.81% of residents moved from another state, which is above average and suggests Hardin County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Franklin County, KY 21 Madison County, KY 22 Pulaski County, KY 15 Oldham County, KY 12 Laurel County, KY 9 Boone County, KY 32 Benton County, OR 20 Cumberland County, TN 20