62 / 100

Scott County, KY

RANK #384 / 996  ·  POP 57,286  ·  KY

PROJECTED GROWTH: +1.2%

Scott County sits in the middle of the pack — stable but not accelerating.

[01] Why Scott County?

Scott County, Kentucky, is often recognized for Georgetown, its county seat, which is home to the largest Toyota manufacturing plant in the world. Located in central Kentucky, just 12 miles north of Lexington, the county offers a blend of small-town character with access to a larger city. The landscape features gently rolling hills, horse farms, and more densely wooded areas to the north, providing opportunities for outdoor recreation like hiking, fishing, and kayaking along Elkhorn Creek. The Georgetown-Scott County Parks & Recreation Department maintains over 500 acres across 11 park sites, including recreation centers, walking trails, and aquatic facilities. Life in Scott County is characterized by a strong sense of community, with many families and young professionals residing there. The public school system is considered above average. The economy is largely driven by manufacturing, with the automotive plant being a major employer. There is also a growing healthcare sector and a focus on attracting new businesses and talent. Recent developments include infrastructure improvements in downtown Georgetown and the expansion of business parks to support diverse employers.

[02] Market Snapshot

Housing Ratio
3.5x

Undervalued relative to economy

GDP Growth
+6.6%

Well above national median

Home Prices
+3.2%

Outpacing national median

Climate & Terrain
-1.9

Below-average climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 3.5x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Scott County U.S. National

The Numbers

DEMOGRAPHICS
Population
57,286
+1.81% YoY
Median Household Income
$80,782
Median Home Value
$240,800
+3.24% 12mo
Median Rent
$1,098
Average Annual Pay
$72,236
+8.3% YoY
Employment
31,634
+3.1% YoY
Income-to-Home-Value
0.3355
More affordable than average
Migration Inflow
4.84%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$350,000
Days on Market
47
Moderate pace
Months of Supply
2.3
Seller's market
Sale-to-List Ratio
98.5%
Near asking price
Sold Above List
18.6%
Listings w/ Price Drops
20.0%
Building Permits (2024)
546
Single-Family Permits
430

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

[05] Capital Investment

$1,085M
TOTAL
PROJECT AMOUNT STATUS
Toyota Motor Manufacturing Kentucky Expansion
Toyota Motor Manufacturing Kentucky
$800M Under Construction
Pearl River Solar Park
Pearl River Solar Park
$235M Completed
Lanes Run Business Park Phase III Expansion
Scott County United, City of Georgetown, Scott County Fiscal Court
$50M Planned

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

[06] Score Breakdown

GDP Growth +6.6% 93 percentile
Population Growth +1.8% 88 percentile
Income Growth +10.5% 85 percentile
Vacancy Rate 0.7% 80 percentile
Home Price Change +3.2% 75 percentile
Rent Growth +4.3% 70 percentile
Price/Rent 13x 51 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Scott County has a Boom Town Index score of 62/100, ranking #384 among 996 U.S. counties. With job growth at +3.1% and a median household income of $80,782, it's an above-average county on economic indicators.

Is Scott County affordable?

The median home value in Scott County is $240,800 with median rent at $1,098/month. The income-to-home-value ratio is 0.3355, which is more affordable than the national average.

Is Scott County growing or shrinking?

Population growth: +1.8% year-over-year. Job growth: +3.1%. Home values changed +3.2% in the past 12 months.

Are people moving to Scott County?

Yes — 4.84% of Scott County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Garfield County, OK 72 Johnson County, KS 72 Calcasieu Parish, LA 72 Morris County, NJ 72 Chisago County, MN 72 Fauquier County, VA 72 Bossier Parish, LA 72 Allegany County, MD 72