County profile
Magoffin County, KY
United States · GDP 2024
#2886 of 3,127 US counties by GDP72nd-percentile growthmore diversified than 19% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$212.5M
BEA · 2024
GDP growth (YoY)
+6.4%
BEA · 2024
Jobs tracked
1,257
Census CBP · 2023
Employers
156
Census CBP · 2023
Avg. wage
$37.3k
BLS QCEW · 2023
Population
11,110
Census PEP · 2025
Labor, income & education
Unemployment
9.6%
Median HH income
$33.1k±$6.7k
Bachelor's degree+
12.8%±2.8%
Poverty rate
38.2%±6.4%
Business applications
103 · 2025
Retail establishments
35
31.3/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-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 care30%
Retail trade25%
Food & accommodation25%
Professional services10%
Transportation5%
Mining & energy4%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
11,110
residents · 2025 · -4.3% since 2020
Income per capita $48.4k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−198
International migration−17
Natural change−283
GDP trend
2019–2024 · nominal
$170.0M2019
$158.3M2020
$169.1M2021
$178.4M2022
$199.7M2023
$212.5M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$89.0k±$11.9k
Median gross rent
$730/mo±$44/mo
Vacancy rate
13.8%±3.8%
Affordability
2.4× wages
Residential permits
Census BPS
FEMA risk score
35.0
HUD Fair Market Rent (2BR):$866/mo · 2026
TOP PERILS · FEMA NRI
Landslide 89Wildfire 82Winter weather 46
Transport access
BTS · FAA · USACE
Nearest interstate
65.2 km
I-64
Nearest freight rail
3.3 km
Freight rail
Nearest port
79.1 km
Redbud South
Nearest commercial airport
85.8 km
TRI-STATE/MILTON J FERGUSON FLD
Wage trend
BLS QCEW · 2019–2023$37.3k
avg. annual pay · +21% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Magoffin?
Magoffin's economy produced $212.5M in 2024, growing 6.4% year over year — faster than most 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.