Boyle County, Kentucky Income Statistics
Boyle County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
-
D
Boyle County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Boyle County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Household Income | $61,212 | $64,312 | $80,455 |
| Median Personal Income | $50,393 | $52,849 | $60,758 |
| Average Yearly Income Growth | 5.3% | 4.6% | 4.8% |
| Six-Figure Earners | 6.4% | 8.9% | 13.9% |
| $200k+ Households | 4.1% | 7.2% | 13.2% |
The median household income in Boyle County is about 5% lower than in Kentucky. Income has been growing faster in Boyle County (5.3%/yr) than in Kentucky (4.6%/yr).
About 6% of adults in Boyle County earn six figures ($100,000 or more) a year, lower than the Kentucky average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Boyle County, Kentucky grew by 56.4% from 2009 to 2024, reaching $61,212 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Boyle County
| Metric | Boyle County | Kentucky Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.554 | 0.547 | 0.552 |
| Male Median Income | $54,028 | $60,966 | $69,667 |
| Female Median Income | $50,325 | $49,119 | $56,850 |
| Gender Pay Gap | 6.9% | 19.4% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Boyle County, it is 0.554, higher than Kentucky's 0.547, so income is less evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 7% more than women's income in Boyle County, Kentucky. Over a 35-year career, a 7% wage gap accumulates to roughly $129,605 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Boyle County, Kentucky has narrowed from about 19% to 7% in 2024. Over that period the gap was widest at 31% in 2019. In dollar terms, the gap has narrowed by $3,206 since 2009.
Employment
| Metric | Boyle County | Kentucky Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.8% | 4.8% | 5.2% |
| Working from Home | 10.0% | 10.2% | 15.0% |
| Commute time (minutes) | 16 | 20 | 22 |
Approximately 803 people are unemployed in Boyle County, Kentucky.
The average commute time in Boyle County is 16 minutes, shorter than the 20 minutes in Kentucky.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Boyle County, Kentucky has fallen from 8.4% to 5.8% in 2024. Over that period the rate peaked at 10.4% in 2013 and fell as low as 4.7% in 2018.
Boyle County, KY Wealth Compared With Nearby Counties
Boyle County, KY is the largest of the 6 counties compared here, 30,941 residents against a local median of 17,568. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Boyle County, KY an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is income growth, 13% above the local median at 5.3%/yr against 4.7%/yr. Boyle County, KY has the highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Boyle County, KY | 30,941 | $61,212 #4/6 | 5.3%/yr #1/6 | 5.8% #4/6 | 0.554 #5/6 |
| Mercer County, KY | 23,027 | $66,328 | 4.7%/yr | 4.3% | 0.512 |
| Lincoln County, KY | 24,512 | $52,661 | 5.2%/yr | 6.5% | 0.530 |
| Casey County, KY | 15,914 | $45,684 | 4.5%/yr | 8.9% | 0.569 |
| Garrard County, KY | 17,568 | $62,823 | 3.9%/yr | 5.1% | 0.552 |
| Washington County, KY | 12,140 | $61,907 | 4.8%/yr | 3.4% | 0.519 |
Conclusion
Considering all these factors, Boyle County, Kentucky has an overall wealth index grade of D, making it about on par with Kentucky, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Boyle County, Kentucky.
How Rich Is Boyle County, Kentucky?
Boyle County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $61,212, about 5% lower than the Kentucky average of $64,312.
How fast is household income rising in Boyle County, Kentucky?
Between 2009 and 2024, the median household income in Boyle County, Kentucky rose 56%, from $39,138 to $61,212. Over the same years, income here kept pace with Kentucky as a whole: +56% against +56%.
What was the median household income in Boyle County in 2023?
In 2023, the median household income in Boyle County, Kentucky was $62,130, up 10% from $56,679 in 2022. The Kentucky median that year was $62,783.
What was the median household income in Boyle County in 2020?
In 2020, the median household income in Boyle County, Kentucky was $52,078. By 2024 it had risen 18% to $61,212.
What is the Gini coefficient in Boyle County, Kentucky?
The Gini coefficient in Boyle County is 0.554. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Boyle County, Kentucky?
Since 2009, the income gap between men and women in Boyle County, Kentucky has narrowed from about 19% to 7% in 2024. Over that period the gap was widest at 31% in 2019. In dollar terms, the gap has narrowed by $3,206 since 2009.
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