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Pulaski County, KY

Somerset

RANK #841 / 996 NAT  ·  #16 / 19 KY  ·  POP 65,145

1YR FORECAST: +0.9%

5YR OUTLOOK: +14%

Our model projects Pulaski County's housing market at +0.9% over the next year, underperforming most U.S. counties.

[01] Why Pulaski County?

Pulaski County, Kentucky, is defined by Lake Cumberland, often called the "Houseboat Capital of the World" and a major draw for tourism. Located in south-central Kentucky, with Somerset as its county seat, Pulaski County is about 76 miles south of Lexington. The community maintains a small-town feel despite its size as Kentucky's third-largest county by area. Commutes are generally smooth, with U.S. Highway 27 running north-south and Highway 80 east-west, intersecting in Somerset. Beyond boating and fishing on Lake Cumberland, outdoor recreation includes extensive hiking and mountain biking trails at Pulaski County Park, which also offers camping and disc golf.

Life in Pulaski County offers an affordable cost of living compared to national averages, with many residents owning their homes. The public school systems, including Pulaski County Public Schools and Somerset Independent Schools, are highly rated and provide varied educational opportunities. The local economy is supported by agriculture, manufacturing, and a significant tourism sector driven by Lake Cumberland. Recent economic developments have seen investments in data centers, energy, and infrastructure, contributing to job growth and a stable market.

[02] Market Snapshot

Housing Ratio
3.9x

Undervalued relative to economy

GDP Growth
+1.9%

Below national median

Home Prices
-5.1%

Prices declining

Climate & Terrain
0.6

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks undervalued at 3.9x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Health Care & Social Assistance Healthcare
    2,500+
  2. 2
    Manufacturing Manufacturing
  3. 3
    Retail Trade Retail
  4. 4
    Somerset Community College Education
  5. 5
    MS Companies Manufacturing
    500+
  6. 6
    Factory Connection Retail
  7. 7
    Pulaski County School District Education
  8. 8
    Somerset Independent School District Education
  9. 9
    Science Hill Independent School District Education
  10. 10
    Optum Healthcare

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

[04] Home Value Growth vs National

Pulaski County U.S. National

The Numbers

DEMOGRAPHICS
Population
65,145
+0.66% YoY
Median Household Income
$48,768
Median Home Value
$140,400
-5.14% 12mo
Median Rent
$810
Average Annual Pay
$48,057
+3.1% YoY
Employment
26,252
+1.0% YoY
Income-to-Home-Value
0.3474
More affordable than average
Migration Inflow
2.74%
of pop. from another state
Bachelor's Degree+
17.8%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$230,000
Days on Market
109
Slower market
Months of Supply
6.4
Buyer's market
Sale-to-List Ratio
95.1%
Negotiation room for buyers
Sold Above List
6.2%
Listings w/ Price Drops
21.0%
Building Permits (2024)
122
Single-Family Permits
49

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

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.2
per 100K · nat avg 6.3
Firearm Fatalities
16.2
per 100K · nat avg 14.8
Injury Deaths
110.6
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] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
44.0
Good
Good Air Days
66%
720 of 1,083 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
45
2022
42
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

$5,130M
TOTAL
PROJECT AMOUNT STATUS
Pulaski County Data Center (Project Goose/Poseidon)
Undisclosed Developer
$3,000M Proposed
Cooper Station Natural Gas Unit Expansion
East Kentucky Power Cooperative (EKPC)
$745M Planned
Pulaski Solar Facility (405 MW)
Vistra
$650M Under Construction
Mammoth Central Solar (600 MW)
Doral Renewables LLC
$600M Planned
KY 461 Interchange Improvement and Road Widening
Kentucky Transportation Cabinet (Federal BUILD grants)
$84M Completed
SPEDA Commerce Park Development
Somerset-Pulaski Economic Development Authority (SPEDA)
$50M Under Construction

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

[08] Score Breakdown

GDP Growth +1.9% 31 percentile
Population Growth +0.7% 60 percentile
Income Growth +14.3% 99 percentile
Vacancy Rate 1.2% 43 percentile
Home Price Change -5.1% 2 percentile
Price/Rent 14x 40 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

The data is not encouraging — Pulaski County scores just 15/100 on the Boom Town Index, ranking #841 of 996 counties. Job growth at +1.0% and median household income of $48,768 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Pulaski County affordable?

Housing in Pulaski County is roughly in line with national affordability norms. The median home costs $140,400 and the income-to-home-value ratio sits at 0.35, with rents averaging $810/month. Not a bargain, but not a stretch for most local earners either.

Is Pulaski County growing or shrinking?

Pulaski County's population is growing — up +0.7% YoY — while the job market is roughly flat (employment change of +1.0%). Home values shifted -5.1% 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 Pulaski County?

There's a moderate stream of newcomers. About 2.74% of residents moved from another state, which is above average and suggests Pulaski County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

Is the housing market declining in Pulaski County?

Home values fell -5.1% over the past year in Pulaski County, bringing the median down to $140,400. 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

Oldham County, KY 12 Hardin County, KY 20 Franklin County, KY 21 Laurel County, KY 9 Madison County, KY 22 Pike County, KY 3 Carson City, NV 15 Starr County, TX 16