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Jefferson County, KY

Southeast Jefferson

RANK #570 / 996 NAT  ·  #7 / 19 KY  ·  POP 779,232

1YR FORECAST: +1.0%

5YR OUTLOOK: +22%

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

[01] Why Jefferson County?

Jefferson County, Kentucky, often recognized as Louisville Metro since its 2003 merger with the city of Louisville, stands out for its extensive park system and the Ohio River flowing along its northern border. This north-central Kentucky county offers diverse outdoor recreation, including the 6,500-acre Jefferson Memorial Forest, one of the largest municipal urban forests in the United States, providing opportunities for hiking, camping, and wildlife viewing. Commuting within the county is generally manageable, with an average one-way commute of 22.2 minutes, shorter than the national average. The Transit Authority of River City (TARC) provides bus and trolley services throughout the metropolitan area, connecting neighborhoods and job centers.

Life in Jefferson County blends urban amenities with suburban and natural spaces. Many residents own their homes, and the area is characterized by a variety of neighborhoods, from lively urban districts like The Highlands to more peaceful, tree-lined communities such as Anchorage. The economy is experiencing growth, with new businesses and capital investment contributing to job creation. Recent economic developments include significant state budget allocations aimed at improving infrastructure, supporting affordable housing, and enhancing cultural attractions, suggesting a focus on both resident well-being and drawing visitors.

[02] Market Snapshot

Housing Ratio
2.8x

Undervalued relative to economy

GDP Growth
+0.1%

Well below national median

Home Prices
+2.5%

Outpacing national median

Climate & Terrain
0.3

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks undervalued at 2.8x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    United Parcel Service (UPS) Logistics
    25,000+
  2. 2
    Norton Healthcare Healthcare
    10,000+
  3. 3
    Jefferson County Public Schools Education
  4. 4
    UofL Health Healthcare
  5. 5
    Humana Inc. Healthcare
  6. 6
    Ford Motor Company Manufacturing
  7. 7
    University of Louisville Education
    5,000+
  8. 8
    Louisville-Jefferson County Metro Government Government
  9. 9
    GE Appliances (a Haier company) Manufacturing
  10. 10
    The Kroger Co. Retail

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

[04] Home Value Growth vs National

Jefferson County U.S. National

The Numbers

DEMOGRAPHICS
Population
779,232
-0.16% YoY
Median Household Income
$66,296
Median Home Value
$222,200
+2.5% 12mo
Median Rent
$1,045
Average Annual Pay
$71,280
+3.3% YoY
Employment
482,313
+0.5% YoY
Income-to-Home-Value
0.2984
More affordable than average
Migration Inflow
1.56%
of pop. from another state
Bachelor's Degree+
36.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$271,000
Days on Market
57
Moderate pace
Months of Supply
3.2
Balanced market
Sale-to-List Ratio
97.6%
Negotiation room for buyers
Sold Above List
16.4%
Listings w/ Price Drops
22.5%
Building Permits (2024)
2,863
Single-Family Permits
1,173

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

[05] Crime & Safety

F
SAFETY
GRADE
Homicide Rate
17.5
per 100K · nat avg 6.3
Firearm Fatalities
27.4
per 100K · nat avg 14.8
Injury Deaths
131.7
per 100K · nat avg 76.3
vs National Average
Well above 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

C+
AIR QUALITY
GRADE
Median AQI (3yr)
54.0
Moderate
Good Air Days
37%
408 of 1,095 days
Unhealthy+ Days (3yr)
29
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
54
2022
53
2023
55
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

$2,139M
TOTAL
PROJECT AMOUNT STATUS
Mill Creek 5 Natural Gas Combined-Cycle Generating Unit
LG&E and KU
$902M Under Construction
Mill Creek 6 Natural Gas Combined-Cycle Unit
LG&E and KU
$645M Planned
Louisville Hyperscale Data Center Campus
PowerHouse Data Centers and Poe Companies
$450M Under Construction
I-264/U.S. 42 Improvement Project
Kentucky Transportation Cabinet (KYTC)
$50M Construction Phase
U.S. 60 (Shelbyville Road) Widening and Improvement Project
Kentucky Transportation Cabinet (KYTC)
$50M Construction Phase
Anthro Energy Battery Manufacturing Facility
Anthro Energy Inc.
$42M Planned

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

[08] Score Breakdown

GDP Growth +0.1% 8 percentile
Population Growth -0.2% 22 percentile
Income Growth +7.6% 27 percentile
Vacancy Rate 1.5% 24 percentile
Home Price Change +2.5% 65 percentile
Rent Growth +2.0% 33 percentile
Price/Rent 14x 48 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

Jefferson County scores 42/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#570). Median household income is $66,296 and job growth is running at +0.5%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Jefferson County affordable?

Housing in Jefferson County is roughly in line with national affordability norms. The median home costs $222,200 and the income-to-home-value ratio sits at 0.30, with rents averaging $1,045/month. Not a bargain, but not a stretch for most local earners either.

Is Jefferson County growing or shrinking?

Population and employment in Jefferson County are both close to flat — population -0.2% YoY and jobs +0.5%. Home values shifted +2.5% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are many people relocating to Jefferson County?

Not particularly — 1.56% of Jefferson County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[10] Similar Counties by Size & Score

Warren County, KY 42 Christian County, KY 36 McCracken County, KY 36 Campbell County, KY 34 Boone County, KY 32 Scott County, KY 61 Hillsborough County, NH 42 Essex County, NJ 43