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Kenton County, KY

RANK #562 / 1001 NAT  ·  #9 / 19 KY  ·  POP 171,288

1YR FORECAST: +0.8%

5YR OUTLOOK: +27%

Kenton County's housing market is projected to grow +0.8% over the next year, below the national average.

[01] Why Kenton County?

Kenton County, Kentucky, is distinguished by its dual county seats, Covington and Independence, a historical arrangement dating back to 1840. Situated in Northern Kentucky, it lies directly across the Ohio River from Cincinnati, Ohio, making it part of the Cincinnati metropolitan area. This proximity means a commute to downtown Cincinnati can be as short as 10-20 minutes during off-peak hours, though rush hour can extend this. The Transit Authority of Northern Kentucky (TANK) provides bus services, including express routes, connecting the county to Cincinnati. The county offers a mix of urban and suburban environments, with numerous parks like Devou Park in Covington, which provides views of the Cincinnati skyline and extensive trails for hiking and mountain biking.

Life in Kenton County appeals to families and young professionals, with a significant portion of residents owning their homes. The public school system is extensive, comprising five districts, including Kenton County Public Schools, which serves over 13,000 students. The local economy is diverse, with a notable increase in employment in warehousing and storage, and a strong presence of public sector, education, and healthcare jobs. Recent economic developments include investments in public amenities, such as a new county park in Independence, and funding for educational infrastructure, including a biomedical center in Covington.

MARKET PROFILE

Idiosyncratic Markets

Kenton County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +1.8% YoY, population +0.9%, wages +1.4%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
7.6x

Overvalued relative to economy

Home Prices
+1.8%

Above national median

Climate & Terrain
-1.6

Below-average climate & terrain

Price/Rent
14x

Below national median (15x)

Housing looks overvalued at 7.6x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    St. Elizabeth Healthcare Healthcare
    10,000+
  2. 2
    Kenton County School Districts Education
    5,000+
  3. 3
    Northern Kentucky University Education
    1,000+
  4. 4
    Cincinnati/Northern Kentucky International Airport (CVG) Logistics
  5. 5
    Perfetti Van Melle Manufacturing
    500+
  6. 6
    Mazak Corporation Manufacturing
  7. 7
    Mubea Manufacturing
  8. 8
    Transit Authority of Northern Kentucky (TANK) Government
    250+
  9. 9
    R.A. Jones & Co. Manufacturing
    100+
  10. 10
    Drees Homes Other

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

[04] Home Value Growth vs National

Kenton 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
171,288
+0.87% YoY
Median Household Income
$80,548
Median Home Value
$244,400
+1.78% 12mo
Median Rent
$1,069
Average Annual Pay
$72,965
+1.4% YoY
Employment
75,370
+0.9% YoY
Income-to-Home-Value
0.3296
More affordable than average
Migration Inflow
3.2%
of pop. from another state
Bachelor's Degree+
37.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$300,000
Days on Market
10
Very hot — homes selling fast
Months of Supply
1.3
Seller's market
Sale-to-List Ratio
99.0%
Near asking price
Sold Above List
30.0%
Listings w/ Price Drops
44.0%
Building Permits (2025)
681
Single-Family Permits
412

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

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.2
per 100K · nat avg 6.3
Firearm Fatalities
11.9
per 100K · nat avg 14.8
Injury Deaths
97.6
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] Capital Investment

$245M
TOTAL
PROJECT AMOUNT STATUS
Niagara Bottling Manufacturing Facility
Niagara Bottling
$130M Planned
Biomedical Center for Excellence / UK College of Medicine–NKY Campus & NKU Chase College of Law
Northern Kentucky Port Authority, University of Kentucky, Northern Kentucky University
$115M Planned

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

[07] Score Breakdown

Population Growth +0.9% 62 percentile
Income Growth +1.4% 21 percentile
Vacancy Rate 1.4% 24 percentile
Home Price Change +1.8% 52 percentile
Rent Growth +2.9% 50 percentile
Price/Rent 14x 69 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

Kenton County scores 43/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#562). Median household income is $80,548 and job growth is running at +0.9%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Kenton County affordable?

Housing in Kenton County is roughly in line with national affordability norms. The median home costs $244,400 and the income-to-home-value ratio sits at 0.33, with rents averaging $1,069/month. Not a bargain, but not a stretch for most local earners either.

Is Kenton County growing or shrinking?

Kenton County's population is growing — up +0.9% YoY — while the job market is roughly flat (employment change of +0.9%). Home values shifted +1.8% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Kenton County?

There's a moderate stream of newcomers. About 3.2% of residents moved from another state, which is above average and suggests Kenton County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Franklin County, KY 44 Fayette County, KY 41 Campbell County, KY 47 Madison County, KY 38 Warren County, KY 37 Daviess County, KY 53 Johnson County, TX 43 Madison County, MS 43