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Magoffin County, Kentucky

County

Population: 11,495 (2023 estimate)

Located in Kentucky

County-level Census Bureau data covering income, housing, demographics, education, employment, and more. Counties are the primary administrative division in the U.S. and the most common unit for comparing local conditions across a state.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Magoffin County

What is the median household income in Magoffin County?
The median household income in Magoffin County is $184,643 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Magoffin County?
The poverty rate in Magoffin County is 0.0% (U.S. Census Bureau ACS 2023).
What is the median home value in Magoffin County?
$988,200 (U.S. Census Bureau ACS 2023).
What is the average rent in Magoffin County?
The median gross rent in Magoffin County is $633 per month (U.S. Census Bureau ACS 2023).
What percentage of Magoffin County residents have a college degree?
84.2% of adults in Magoffin County hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
519
Median Income
$184,643
Median Home Value
$988,200
Poverty Rate
0.0%
Unemployment (ACS 2023)
0.0%
Median Age
65.0 yrs
Since 2019 Median Income: +$156,496 (+556%) Home Value: +$163,200 (+19.8%) Poverty Rate: -11.2 pp (-100%) Bachelor's+: +21.9 pp (+35.2%)

Demographics

Total Population 519
Median Age 65.0
Female 56.8%
Race & Ethnicity
Hispanic or Latino 1.3% White (non-Hisp.) 84.0% Asian 7.3% Two or More 7.3% Other 1.3%
Asian Subgroups (% of total pop.)
Korean
5.0%
Indian
2.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $184,643 ±$123,586
+$122,226 vs. state
Per Capita Income $383,395
Median Family Income $250,001
Poverty Rate 0.0%
-11.8 pp vs. state
Child Poverty Rate 0.0%
Working-Age Poverty Rate
SNAP Recipients 0.0%
Social Security Income
Retirement Income 26.1%
Household Income Distribution
$35–50k
0.9%
$50–75k
15.0%
$75–100k
15.4%
$100–150k
16.2%
$150–200k
3.0%
$200k+
49.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 234
Owner-Occupied 88.5%
Renter-Occupied 11.5%
Vacancy Rate 0.0%
Median Home Value $988,200
+$795,900 vs. state
Median Gross Rent $633
Owner Cost Burden (30%+) 34.8%
Renter Cost Burden (30%+) 0.0%
Home Value Distribution
$50–100k
3.4%
$300–500k
1.0%
$500k–$1M
46.9%
$1M+
48.8%
Vehicle Availability
No vehicle
18.4%
1 vehicle
18.4%
2 vehicles
23.9%
3+
39.3%
Housing Type
Single-fam. det.
95.3%
5–19 units
4.7%
Housing Age
Pre-1940
14.1%
1940–1969
4.7%
1970–1999
12.0%
2000–2009
17.9%
2010+
3.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 100.0%
Bachelor's or Higher 84.2%
+57.2 pp vs. state
Graduate Degree 63.8%
Some College / Associate 11.6%
Less Than High School 0.0%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 48.8%
Unemployment Rate 0.0%
-4.8 pp vs. state
Work from Home 12.3%
Self-Employed 13.4%
Government Workers 0.0%
Private For-Profit 86.6%
Industry
Edu/Health
42.7%
Prof. Services
25.0%
Finance
11.6%
Retail
5.6%
Construction
4.7%
Agriculture
4.3%
Information
2.6%
Arts/Entmt.
2.2%
Manufacturing
1.3%
Occupation
Management
84.1%
Sales
10.3%
Food Prep
4.3%
Production
1.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 25.0 min
Drove Alone 80.6%
Carpool 7.0%
Public Transit 0.0%
Work from Home 12.3%
Walked 0.0%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 234
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 62.0%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 12.8%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
6.4%
5–9
0.8%
10–14
1.3%
15–19
4.4%
20–24
4.0%
25–34
5.6%
35–44
5.4%
45–54
6.9%
55–64
8.3%
65–74
6.2%
75–84
30.6%
85+
11.9%
Under 18: 11.2% Working age (18–64): 88.8% 65 and over: 50.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 13.9%
Naturalized Citizen 100.0%
Speaks English Less Than Very Well 3.5%
Foreign-Born Origin
Asia
51.4%
Europe
48.6%

Veterans & Disability

Veteran 6.5%
With a Disability 10.6%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 100.0%
Uninsured 0.0%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 91.9%
Has a Computer 88.0%
Same House 1 Year Ago 93.2%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare Magoffin County

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Where People Move From (IRS Migration Data)

Top origins of people who moved to Magoffin County in 2023, by number of tax returns filed (IRS SOI Migration Data).

Origin Tax Returns People (est.)
Floyd County 26 62
Johnson County 22 50