Owen County, Kentucky Income Statistics
Owen 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
Owen County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Owen County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,403 | $64,312 | $80,455 |
| Median Personal Income | $50,598 | $52,849 | $60,758 |
| Average Yearly Income Growth | 5.3% | 4.6% | 4.8% |
| Six-Figure Earners | 5.9% | 8.9% | 13.9% |
| $200k+ Households | 2.2% | 7.2% | 13.2% |
The median household income in Owen County is about 1% lower than in Kentucky. Income has been growing faster in Owen County (5.3%/yr) than in Kentucky (4.6%/yr).
About 6% of adults in Owen 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 Owen County, Kentucky grew by 43.6% from 2009 to 2024, reaching $63,403 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Owen County
| Metric | Owen County | Kentucky Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.536 | 0.547 | 0.552 |
| Male Median Income | $65,488 | $60,966 | $69,667 |
| Female Median Income | $50,034 | $49,119 | $56,850 |
| Gender Pay Gap | 23.6% | 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 Owen County, it is 0.536, lower than Kentucky's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 31% more than women's income in Owen County, Kentucky. Over a 35-year career, a 31% wage gap accumulates to roughly $540,890 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Owen County, Kentucky has widened from about 22% to 24% in 2024. Over that period the gap was widest at 37% in 2016, and was narrowest at 7% in 2019. In dollar terms, the gap has widened by $6,206 since 2009.
Sharply against the trend: the pay gap in Owen County widened by 1.7 points while Kentucky's narrowed by 5.2 points.
Employment
| Metric | Owen County | Kentucky Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.0% | 4.8% | 5.2% |
| Working from Home | 11.3% | 10.2% | 15.0% |
| Commute time (minutes) | 37 | 20 | 22 |
Approximately 370 people are unemployed in Owen County, Kentucky.
The average commute time in Owen County is 37 minutes, longer than the 20 minutes in Kentucky.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Owen County, Kentucky has risen from 6.0% to 7.0% in 2024. Over that period the rate peaked at 9.2% in 2014 and fell as low as 3.6% in 2019.
Owen County, KY Wealth Compared With Nearby Counties
Owen County, KY is the 4th largest of the 6 counties compared here, 11,330 residents against a local median of 15,856. Where Owen County, KY breaks from the counties next to it is income growth, sitting 51% above the local median of 3.5%/yr at 5.3%/yr. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 7.0% against a local median of 5.0%, 41% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Owen County, KY is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.5%/yr on income growth, so Owen County, KY sits at one end of an already wide local range rather than apart from it. Owen County, KY has the 2nd 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. |
|---|---|---|---|---|---|
| Owen County, KY | 11,330 | $63,403 #5/6 | 5.3%/yr #2/6 | 7.0% #6/6 | 0.536 #4/6 |
| Gallatin County, KY | 8,769 | $65,030 | 3.0%/yr | 4.6% | 0.545 |
| Grant County, KY | 25,418 | $68,253 | 5.6%/yr | 4.9% | 0.498 |
| Franklin County, KY | 51,842 | $67,514 | 3.5%/yr | 5.9% | 0.504 |
| Henry County, KY | 15,856 | $64,064 | 3.1%/yr | 5.0% | 0.531 |
| Carroll County, KY | 10,949 | $57,580 | 4.0%/yr | 6.1% | 0.583 |
Conclusion
Considering all these factors, Owen 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 Owen County, Kentucky.
How Wealthy Is Owen County, Kentucky?
Owen 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 $63,403, about 1% lower than the Kentucky average of $64,312.
Are incomes growing in Owen County, Kentucky?
Between 2009 and 2024, the median household income in Owen County, Kentucky rose 44%, from $44,139 to $63,403. Over the same years, income here lagged behind Kentucky as a whole: +44% against +56%.
What was the median household income in Owen County in 2023?
In 2023, the median household income in Owen County, Kentucky was $59,280, up 7% from $55,295 in 2022. The Kentucky median that year was $62,783.
What was the median household income in Owen County in 2020?
In 2020, the median household income in Owen County, Kentucky was $51,638. By 2024 it had risen 23% to $63,403.
How strong is the job market in Owen County, Kentucky?
Unemployment in Owen County, Kentucky is 7.0%, well above the Kentucky rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Owen County, Kentucky?
The Gini coefficient in Owen County is 0.536. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Owen County, Kentucky?
Since 2009, the income gap between men and women in Owen County, Kentucky has widened from about 22% to 24% in 2024. Over that period the gap was widest at 37% in 2016, and was narrowest at 7% in 2019. In dollar terms, the gap has widened by $6,206 since 2009.
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