Oldham County, Kentucky Income Statistics
Oldham 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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B
Oldham County Around averageWealthiest county in Kentucky
Source: Map AI Methodology
Income Statistics Overview
| Metric | Oldham County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Household Income | $123,816 | $64,312 | $80,455 |
| Median Personal Income | $78,896 | $52,849 | $60,758 |
| Average Yearly Income Growth | 4.5% | 4.6% | 4.8% |
| Six-Figure Earners | 20.9% | 8.9% | 13.9% |
| $200k+ Households | 24.3% | 7.2% | 13.2% |
The median household income in Oldham County is about 93% higher than in Kentucky. Income has been growing slower in Oldham County (4.5%/yr) than in Kentucky (4.6%/yr).
About 21% of adults in Oldham County earn six figures ($100,000 or more) a year, higher than the Kentucky average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Oldham County, Kentucky grew by 56.6% from 2009 to 2024, reaching $123,816 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in Oldham County
| Metric | Oldham County | Kentucky Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.558 | 0.547 | 0.552 |
| Male Median Income | $97,803 | $60,966 | $69,667 |
| Female Median Income | $70,834 | $49,119 | $56,850 |
| Gender Pay Gap | 27.6% | 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 Oldham County, it is 0.558, 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 38% more than women's income in Oldham County, Kentucky. Over a 35-year career, a 38% wage gap accumulates to roughly $943,915 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Oldham County, Kentucky has narrowed from about 37% to 28% in 2024. Over that period the gap was widest at 38% in 2010. In dollar terms, the gap has widened by $2,263 since 2009.
Employment
| Metric | Oldham County | Kentucky Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 4.8% | 5.2% |
| Working from Home | 18.7% | 10.2% | 15.0% |
| Commute time (minutes) | 27 | 20 | 22 |
Approximately 1,213 people are unemployed in Oldham County, Kentucky.
The average commute time in Oldham County is 27 minutes, longer than the 20 minutes in Kentucky.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Oldham County, Kentucky has fallen from 6.1% to 3.5% in 2024. Over that period the rate peaked at 6.4% in 2012 and fell as low as 3.0% in 2018.
Oldham County, KY Wealth Compared With Nearby Counties
Oldham County, KY is the 3rd largest of the 6 counties compared here, 69,249 residents against a local median of 49,096. The measure that sets Oldham County, KY apart most is median household income: $123,816, 77% above the local median of $69,976. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 3.5% against a local median of 5.0%, 30% below it. Every measure here with a clear better direction points the same way, so Oldham County, KY is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves sit within $22,151 of each other on median household income, a tighter band than the gap between any of them and Oldham County, KY, which makes it a genuine outlier here rather than one end of a wide local spread. Oldham County, KY has the highest median household income 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. |
|---|---|---|---|---|---|
| Oldham County, KY | 69,249 | $123,816 #1/6 | 4.5%/yr #2/6 | 3.5% #1/6 | 0.558 #6/6 |
| Trimble County, KY | 8,550 | $68,622 | 5.3%/yr | 6.2% | 0.518 |
| Clark County, IN | 124,346 | $74,105 | 4.5%/yr | 4.0% | 0.497 |
| Jefferson County, KY | 781,949 | $69,976 | 4.3%/yr | 5.2% | 0.530 |
| Shelby County, KY | 49,096 | $86,215 | 4.2%/yr | 4.2% | 0.534 |
| Henry County, KY | 15,856 | $64,064 | 3.1%/yr | 5.0% | 0.531 |
Conclusion
Considering all these factors, Oldham County, Kentucky has an overall wealth index grade of B, making it notably better than Kentucky, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Oldham County, Kentucky.
How Wealthy Is Oldham County, Kentucky?
Oldham County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $123,816, about 93% higher than the Kentucky average of $64,312.
How has median household income changed in Oldham County, Kentucky?
Between 2009 and 2024, the median household income in Oldham County, Kentucky rose 57%, from $79,084 to $123,816. Over the same years, income here kept pace with Kentucky as a whole: +57% against +56%.
What was the median household income in Oldham County in 2023?
In 2023, the median household income in Oldham County, Kentucky was $120,298, up 4% from $115,412 in 2022. The Kentucky median that year was $62,783.
What was the median household income in Oldham County in 2020?
In 2020, the median household income in Oldham County, Kentucky was $103,392. By 2024 it had risen 20% to $123,816.
Is Oldham County, Kentucky a high-income area?
Yes. 21% of adults in Oldham County, Kentucky earn $100,000 or more a year (about 1 in 5), against 9% (about 1 in 11) in Kentucky. 24% of households have a combined income of $200,000 or more, compared with 7% in Kentucky.
Is unemployment high in Oldham County, Kentucky?
Unemployment in Oldham County, Kentucky is only 3.5%, well below the Kentucky rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Oldham County, Kentucky?
The Gini coefficient in Oldham County is 0.558. 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 Oldham County, Kentucky?
Since 2009, the income gap between men and women in Oldham County, Kentucky has narrowed from about 37% to 28% in 2024. Over that period the gap was widest at 38% in 2010. In dollar terms, the gap has widened by $2,263 since 2009.
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