74 / 100

Pike County, KY

RANK #258 / 1001 NAT  ·  #4 / 19 KY  ·  POP 56,727

1YR FORECAST: -1.3%

5YR OUTLOOK: +32%

Our model projects above-average housing market growth for Pike County at -1.3% over the next year.

[01] Why Pike County?

Pike County, Kentucky, is perhaps best known for its connection to the legendary Hatfield-McCoy feud, with numerous historic sites related to the families scattered throughout the area. Located in Eastern Kentucky, Pike County is the state's largest by land area. Its county seat, Pikeville, is roughly 140 miles from Lexington, KY, and serves as a regional hub for commerce and entertainment. The community offers a blend of rural tranquility and access to outdoor recreation, including Breaks Interstate Park, often called the "Grand Canyon of the South," and various trails for hiking, biking, and ATV riding.

Life in Pike County offers a mix of small-town hospitality and access to educational and healthcare resources. The public schools in Pike County are above average, with the Pikeville Independent School District consistently ranking among the best in the state. The local economy, historically tied to natural resources, is diversifying with investments in industrial parks and infrastructure. The presence of the University of Pikeville and a regional medical center also contributes to local employment and draws people to the area.

MARKET PROFILE

Idiosyncratic Markets

Pike County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices -12.7% YoY, population -1.3%, wages +3.1%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
5.9x

Below national median (11.3x)

Home Prices
-12.7%

Prices declining

Climate & Terrain
-0.2

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 5.9x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Pikeville Medical Center Healthcare
    2,500+
  2. 2
    Pike County Public Schools Education
    1,000+
  3. 3
    McLeRoy, Inc. Other
    100+
  4. 4
    Supreme Wabash Manufacturing
  5. 5
    TENCATE Manufacturing
  6. 6
    United Bank Finance
    97
  7. 7
    Walmart Retail
  8. 8
    Community Trust Bank Finance
  9. 9
    University of Pikeville Education
  10. 10
    Altice USA Technology

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

[04] Home Value Growth vs National

Pike 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
56,727
-1.29% YoY
Median Household Income
$44,312
Median Home Value
$112,000
-12.66% 12mo
Median Rent
$858
Average Annual Pay
$53,115
+3.1% YoY
Employment
20,169
-1.8% YoY
Income-to-Home-Value
0.3956
More affordable than average
Migration Inflow
1.87%
of pop. from another state
Bachelor's Degree+
17.8%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$180,000
Days on Market
24
Active market
Months of Supply
6.3
Buyer's market
Sale-to-List Ratio
91.5%
Negotiation room for buyers
Sold Above List
16.7%
Listings w/ Price Drops
31.9%
Building Permits (2025)
14
Single-Family Permits
3

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

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.7
per 100K · nat avg 6.3
Firearm Fatalities
20.9
per 100K · nat avg 14.8
Injury Deaths
146.3
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)
39.7
Good
Good Air Days
78%
855 of 1,094 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
41
2022
39
2023
39
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

$35,400M
TOTAL
PROJECT AMOUNT STATUS
SoftBank AI Data Center & Natural Gas Power Plant
SoftBank
$33,000M Under Construction
Oklo/Meta Nuclear Power Campus (1.2 GW)
Oklo Inc. / Meta Platforms, Inc.
$1,500M Planned
US 460 Reconstruction Project
Kentucky Transportation Cabinet
$800M Completed
Pike County Solar Project (100 MW)
Savion Energy
$100M Proposed

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

[08] Score Breakdown

Income Growth +5.1% 91 percentile
Vacancy Rate 0.6% 86 percentile
Price/Rent 11x 94 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 74/100, Pike County sits in the upper half of all 1001 ranked counties. and median household income stands at $44,312 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in KY.

Is Pike County affordable?

By national standards, Pike County is quite affordable. Homes here have a median value of $112,000, and the income-to-home-value ratio of 0.40 is well above the U.S. average — especially with median rent at just $858/month. Residents can generally buy a home without being cost-burdened.

Is Pike County growing or shrinking?

Both population (-1.3% YoY) and employment (-1.8%) are contracting in Pike County, though housing tells its own story with values moving -12.7% over the past 12 months. This is a county where the trend lines are pointing in the wrong direction.

Are many people relocating to Pike County?

Not particularly — 1.87% of Pike County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

Is the housing market declining in Pike County?

Home values fell -12.7% over the past year in Pike County, bringing the median down to $112,000. A drop of that magnitude usually reflects weakening demand or population outflow — worth watching if you're considering buying here.

[10] Similar Counties by Size & Score

McCracken County, KY 78 Jessamine County, KY 80 Bullitt County, KY 65 Pulaski County, KY 91 Daviess County, KY 53 Campbell County, KY 47 Washington County, VA 74 Coffee County, TN 74