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Scott County, KY

RANK #743 / 1001 NAT  ·  #15 / 19 KY  ·  POP 59,536

1YR FORECAST: +1.7%

5YR OUTLOOK: +24%

Our model projects Scott County's housing market at +1.7% over the next year, underperforming most U.S. counties.

[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.

MARKET PROFILE

Idiosyncratic Markets

Scott County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +3.9% YoY, population +2.2%, wages +4.6%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
7.2x

Overvalued relative to economy

Home Prices
+3.9%

Outpacing national median

Climate & Terrain
-1.9

Below-average climate & terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 7.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Toyota Kentucky Manufacturing
    5,000+
  2. 2
    Scott County Public Schools Education
    1,000+
  3. 3
    Georgetown College Education
  4. 4
    Scott County Government Government
  5. 5
    City of Georgetown Government

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

[04] Home Value Growth vs National

Scott 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
59,536
+2.17% YoY
Median Household Income
$85,158
Median Home Value
$288,500
+3.87% 12mo
Median Rent
$1,247
Average Annual Pay
$75,561
+4.6% YoY
Employment
31,430
-0.6% YoY
Income-to-Home-Value
0.2952
More affordable than average
Migration Inflow
5.39%
of pop. from another state
Bachelor's Degree+
34.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$335,000
Days on Market
41
Moderate pace
Months of Supply
1.7
Seller's market
Sale-to-List Ratio
98.9%
Near asking price
Sold Above List
23.0%
Listings w/ Price Drops
30.1%
Building Permits (2025)
393
Single-Family Permits
351

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

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.0
per 100K · nat avg 6.3
Firearm Fatalities
16.3
per 100K · nat avg 14.8
Injury Deaths
91.0
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

$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.

[07] Score Breakdown

Population Growth +2.2% 89 percentile
Income Growth +1.8% 27 percentile
Vacancy Rate 0.7% 80 percentile
Home Price Change +3.9% 76 percentile
Rent Growth +3.2% 54 percentile
Price/Rent 16x 41 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

At 25/100, Scott County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $85,158 combined with job growth of -0.6% suggests the local economy is struggling to keep pace with national trends.

Is Scott County affordable?

Housing in Scott County is roughly in line with national affordability norms. The median home costs $288,500 and the income-to-home-value ratio sits at 0.30, with rents averaging $1,247/month. Not a bargain, but not a stretch for most local earners either.

Is Scott County growing or shrinking?

Scott County's population is growing — up +2.2% YoY — while the job market is roughly flat (employment change of -0.6%). Home values shifted +3.9% 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 Scott County?

In significant numbers — 5.39% of Scott County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[09] Similar Counties by Size & Score

Hardin County, KY 27 Jefferson County, KY 23 Boone County, KY 30 Christian County, KY 20 Warren County, KY 37 Madison County, KY 38 Pickaway County, OH 25 Maverick County, TX 24