61 / 100

Scott County, KY

Georgetown

RANK #386 / 996 NAT  ·  #6 / 19 KY  ·  POP 57,286

1YR FORECAST: +1.5%

5YR OUTLOOK: +26%

Scott County's housing market is projected to grow +1.5% over the next year, tracking near the national average.

[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] 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

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
Bachelor's Degree+
31.9%
of residents (national avg: 33%)

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] 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

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.

[08] Frequently Asked Questions

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

With a Boom Town Index score of 61/100, Scott County sits in the upper half of all 996 ranked counties. Employment is expanding at +3.1%, and median household income stands at $80,782 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in KY.

Is Scott County affordable?

Housing in Scott County is roughly in line with national affordability norms. The median home costs $240,800 and the income-to-home-value ratio sits at 0.34, with rents averaging $1,098/month. Not a bargain, but not a stretch for most local earners either.

Is Scott County growing or shrinking?

Scott County is growing on multiple fronts. Population is up +1.8% year-over-year while employers added jobs at a +3.1% clip — and home values reflect that momentum, rising +3.2% over the past 12 months.

Are people moving to Scott County?

There's a moderate stream of newcomers. About 4.84% of residents moved from another state, which is above average and suggests Scott County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Fayette County, KY 70 Jessamine County, KY 79 Jefferson County, KY 42 Warren County, KY 42 Kenton County, KY 81 Daviess County, KY 84 Kenai Peninsula Borough, AK 61 Franklin County, VA 61