County profile
Fayette County, KY
United States · GDP 2024
#202 of 3,127 US counties by GDP56th-percentile growthmore diversified than 89% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$28.9B
BEA · 2024
GDP growth (YoY)
+4.9%
BEA · 2024
Jobs tracked
171,507
Census CBP · 2023
Employers
9,295
Census CBP · 2023
Avg. wage
$62.6k
BLS QCEW · 2023
Population
329,751
Census PEP · 2025
Labor, income & education
Unemployment
4.7%
Median HH income
$69.5k±$1.7k
Bachelor's degree+
48.3%±1.3%
Poverty rate
14.9%±0.9%
Business applications
7,030 · 2025
Retail establishments
1,173
35.9/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Somnigroup International IncConsumer Cyclical$7.5B67B2Valvoline Inc.Energy$1.7B63C3Ramaco Resources, Inc.Energy$536.6M49DHQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care33%
Food & accommodation18%
Retail trade17%
Professional services11%
Admin & support10%
Construction10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
329,751
residents · 2025 · +2.2% since 2020
Income per capita $69.1k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−11,015
International migration+14,094
Natural change+4,211
GDP trend
2019–2024 · nominal
$21.4B2019
$21.1B2020
$22.8B2021
$25.3B2022
$27.6B2023
$28.9B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$293.5k±$5.6k
Median gross rent
$1.2k/mo±$18/mo
Vacancy rate
6.2%±0.5%
Affordability
4.7× wages
Residential permits
$165.4M
1,052 units · 3.2/1k pop
FEMA risk score
92.0
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Tornado 98Cold wave 97Winter weather 96
FHFA HOUSE PRICE INDEX · 2016–2025
4342016
4602017
4862018
5062019
5262020
5822021
6672022
7512023
7872024
8232025
RESIDENTIAL PERMITS · 2021–2025
↓ -36% since 20211,6552021
1,7312022
1,3982023
1,0362024
1,0522025
Transport access
BTS · FAA · USACE
Nearest interstate
2.7 km
I-64
Nearest freight rail
0.6 km
RJCC
Nearest port
21.9 km
VALLEY VIEW FERRY, MADISON-JESSAMINE
Nearest commercial airport
13.2 km
BLUE GRASS
Filing activity
SEC EDGAR5 filings from 3 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$62.6k
avg. annual pay · +24% since 2019
Similar US counties
nearest by GDPThe read
What is the GDP of Fayette?
Fayette's economy produced $28.9B in 2024, growing 4.9% year over year — about the middle of the pack among US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.