Grayson County, Kentucky Income Statistics
Grayson 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.
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D
Grayson County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Grayson County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Household Income | $51,160 | $64,312 | $80,455 |
| Median Personal Income | $44,770 | $52,849 | $60,758 |
| Average Yearly Income Growth | 4.5% | 4.6% | 4.8% |
| Six-Figure Earners | 6.6% | 8.9% | 13.9% |
| $200k+ Households | 5.5% | 7.2% | 13.2% |
The median household income in Grayson County is about 20% lower than in Kentucky. Income has been growing slower in Grayson County (4.5%/yr) than in Kentucky (4.6%/yr).
About 7% of adults in Grayson 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 Grayson County, Kentucky grew by 54.6% from 2009 to 2024, reaching $51,160 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in Grayson County
| Metric | Grayson County | Kentucky Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.570 | 0.547 | 0.552 |
| Male Median Income | $54,476 | $60,966 | $69,667 |
| Female Median Income | $43,743 | $49,119 | $56,850 |
| Gender Pay Gap | 19.7% | 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 Grayson County, it is 0.570, higher than Kentucky's 0.547, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 25% more than women's income in Grayson County, Kentucky. Over a 35-year career, a 25% wage gap accumulates to roughly $375,655 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Grayson County, Kentucky has narrowed from about 30% to 20% in 2024. Over that period the gap was narrowest at 13% in 2013. In dollar terms, the gap has narrowed by $479 since 2009.
Employment
| Metric | Grayson County | Kentucky Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.6% | 4.8% | 5.2% |
| Working from Home | 6.6% | 10.2% | 15.0% |
| Commute time (minutes) | 20 | 20 | 22 |
Approximately 767 people are unemployed in Grayson County, Kentucky.
The average commute time in Grayson County is 20 minutes, about the same as in Kentucky.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Grayson County, Kentucky has fallen from 12.6% to 6.6% in 2024. Over that period the rate fell as low as 3.5% in 2020.
Grayson County, KY Wealth Compared With Nearby Counties
Grayson County, KY is the 3rd largest of the 6 counties compared here, 26,707 residents against a local median of 20,880. The measure that sets Grayson County, KY apart most is unemployment: 6.6%, 48% above the local median of 4.5%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 4.5%/yr against a local median of 3.5%/yr, 27% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Grayson County, KY is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 3.3% on unemployment, so Grayson County, KY sits at one end of an already wide local range rather than apart from it. Grayson County, KY has the 5th lowest unemployment 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. |
|---|---|---|---|---|---|
| Grayson County, KY | 26,707 | $51,160 #6/6 | 4.5%/yr #2/6 | 6.6% #5/6 | 0.570 #6/6 |
| Edmonson County, KY | 12,355 | $54,168 | 3.5%/yr | 7.7% | 0.536 |
| Breckinridge County, KY | 20,880 | $55,056 | 2.9%/yr | 4.5% | 0.569 |
| Butler County, KY | 12,393 | $55,422 | 4.9%/yr | 4.4% | 0.550 |
| Hardin County, KY | 111,942 | $67,218 | 3.4%/yr | 6.2% | 0.532 |
| Warren County, KY | 140,918 | $65,763 | 4.3%/yr | 4.4% | 0.554 |
Conclusion
Considering all these factors, Grayson 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 Grayson County, Kentucky.
How Rich Is Grayson County, Kentucky?
Grayson 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 $51,160, about 20% lower than the Kentucky average of $64,312.
How has median household income changed in Grayson County, Kentucky?
Between 2009 and 2024, the median household income in Grayson County, Kentucky rose 55%, from $33,099 to $51,160. Over the same years, income here lagged behind Kentucky as a whole: +55% against +56%.
What was the median household income in Grayson County in 2023?
In 2023, the median household income in Grayson County, Kentucky was $49,862, up 6% from $47,037 in 2022. The Kentucky median that year was $62,783.
What was the median household income in Grayson County in 2020?
In 2020, the median household income in Grayson County, Kentucky was $38,903. By 2024 it had risen 32% to $51,160.
How strong is the job market in Grayson County, Kentucky?
Unemployment in Grayson County, Kentucky is 6.6%, well above the Kentucky rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Grayson County, Kentucky?
The Gini coefficient in Grayson County is 0.570. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Grayson County, Kentucky?
Since 2009, the income gap between men and women in Grayson County, Kentucky has narrowed from about 30% to 20% in 2024. Over that period the gap was narrowest at 13% in 2013. In dollar terms, the gap has narrowed by $479 since 2009.
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