Data / Magoffin County / Profile

Magoffin County in figures

A profile of Magoffin County from official statistics: 22 figures in 5 sections, each with its period, its change from a year earlier, its rank among similar places where a ranking exists, and its source.

Figures last updated on 2026-10-12.

People

Population in Magoffin County was 11,110 in 2025, down 0.5% from 2024, and the 25th lowest of 120 counties in Kentucky.

Population11,1102025Down 0.5% from 2024The 25th lowest of 120 counties in Kentucky
Median age42.6 years2024Up 0.7 years from 2023The 32nd highest of 120 counties in Kentucky
Population aged 65 and over21.7%2025Up 0.5 percentage points from 2024The 28th highest of 120 counties in Kentucky
Foreign-born population share0.5%2024Up 0.1 percentage points from 2023
Population density13.9 inhabitants per km²2025Down 0.6% from 2024
Net domestic migration, July to June-142025, estimatedCompared with -8 in 2024
11.1K11.2K11.3K11.4K11.5K11.6K11.7K2020202120222023202420252020: 11,606 persons2021: 11,491 persons2022: 11,321 persons2023: 11,224 persons2024: 11,171 persons2025: 11,110 persons
Population, 2020 to 2025. persons. Source: U.S. Census Bureau, Annual estimates of the resident population for the United States, states and counties, 1 July (Population Estimates Program).

Sources: U.S. Census Bureau, Annual estimates of the resident population for the United States, states and counties, 1 July (Population Estimates Program); U.S. Census Bureau, American Community Survey 5-year estimates, table B01002: median age, total population; U.S. Census Bureau, Population Estimates Program, county population by age and sex (cc-est agesex): residents aged 65 and over as a percentage of the total, 1 July; states and the nation summed from counties; U.S. Census Bureau, American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs; U.S. Census Bureau, Population Estimates Program resident population on 1 July divided by land area from the latest Census Gazetteer files, persons per km²; U.S. Census Bureau, Population Estimates Program: net domestic migration, states and counties, July 1 of the previous year to June 30 of the reported year; vintage 2020 files for 2011 to 2020 and the latest 2020s vintage from 2021. Population and demography statistics and rankings

Work and income

Unemployment rate in Magoffin County was 7.6% (provisional) in August 2026, down 0.6 percentage points from August 2025, and the 2nd highest of 120 counties in Kentucky.

Unemployment rate7.6%August 2026, provisionalDown 0.6 percentage points from August 2025The 2nd highest of 120 counties in Kentucky
Median household income$33,0802024Down 1.6% from 2023The 5th lowest of 120 counties in Kentucky
Per capita personal income$48,3912024Up 7.9% from 2023The 59th lowest of 120 counties in Kentucky
Poverty rate (US official measure)30.1%2024Up 0.9 percentage points from 2023
Gini index49.52024Up 0.4 points from 2023
67891011122021-072022-042023-012023-102024-072025-042026-082021-07: 10 %2021-08: 8.6 %2021-09: 9.1 %2021-10: 7.9 %2021-11: 7.5 %2021-12: 7.9 %2022-01: 10.9 %2022-02: 11.5 %2022-03: 9.8 %2022-04: 7.7 %2022-05: 8.1 %2022-06: 9.5 %2022-07: 9.2 %2022-08: 9.3 %2022-09: 7.1 %2022-10: 6.5 %2022-11: 6.9 %2022-12: 7.5 %2023-01: 9.8 %2023-02: 9.5 %2023-03: 8.6 %2023-04: 7.2 %2023-05: 7.7 %2023-06: 8.4 %2023-07: 8.1 %2023-08: 7.8 %2023-09: 7.4 %2023-10: 6.7 %2023-11: 6.9 %2023-12: 7.9 %2024-01: 9.6 %2024-02: 9.6 %2024-03: 8.8 %2024-04: 7.6 %2024-05: 7.5 %2024-06: 8.8 %2024-07: 9.6 %2024-08: 8.7 %2024-09: 8.6 %2024-10: 7.8 %2024-11: 7.6 %2024-12: 7.8 %2025-01: 10.7 %2025-02: 10.5 %2025-03: 9.5 %2025-04: 8.1 %2025-05: 9.3 %2025-06: 9.2 %2025-07: 9.1 %2025-08: 8.2 %2025-09: 8 %2025-11: 6.7 %2025-12: 7.4 %2026-01: 8.7 %2026-02: 9.7 %2026-03: 7.8 %2026-04: 7.2 %2026-05: 8 %2026-06: 9.7 %2026-07: 8.4 %2026-08: 7.6 %
Unemployment rate, July 2021 to August 2026. %. Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics: unemployment rate by county, not seasonally adjusted.

Sources: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics: unemployment rate by county, not seasonally adjusted; U.S. Census Bureau, American Community Survey 5-year estimates, table B19013: median household income in the past 12 months; U.S. Bureau of Economic Analysis, CAINC1: county annual personal income summary, per capita personal income, current dollars, individual counties and county equivalents; U.S. Census Bureau, Small Area Income and Poverty Estimates (SAIPE): percent of people of all ages in poverty, states and counties; U.S. Census Bureau, American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100). Labor market statistics and rankings

Economy

GDP (US dollars) in Magoffin County was $212.49 million in 2024, up 6.4% from 2023, and the 10th lowest of 120 counties in Kentucky.

Gross domestic product (GDP), US dollars$212.49 million2024Up 6.4% from 2023The 10th lowest of 120 counties in Kentucky
GDP per capita, US dollars$19,1122024Up 7.2% from 2023The 7th lowest of 120 counties in Kentucky
Real GDP growth3.7%2024Down 4.6 percentage points from 2023Tied for the 43rd highest of 120 counties in Kentucky
10015020025030020012005200920132017202120242001: 128 USD million2002: 131.7 USD million2003: 136 USD million2004: 138.6 USD million2005: 163.4 USD million2006: 196.9 USD million2007: 216.4 USD million2008: 240.7 USD million2009: 244.6 USD million2010: 242.2 USD million2011: 261.2 USD million2012: 221.6 USD million2013: 212.3 USD million2014: 188.9 USD million2015: 162.8 USD million2016: 152.3 USD million2017: 144.9 USD million2018: 158.6 USD million2019: 170 USD million2020: 158.3 USD million2021: 169.1 USD million2022: 178.4 USD million2023: 199.7 USD million2024: 212.5 USD million
Gross domestic product (GDP), US dollars, 2001 to 2024. USD million. Source: U.S. Bureau of Economic Analysis, CAGDP1: county GDP summary, current-dollar GDP (published in thousands of dollars, shown in millions).

Sources: U.S. Bureau of Economic Analysis, CAGDP1: county GDP summary, current-dollar GDP (published in thousands of dollars, shown in millions); Invokely, GDP in current dollars (BEA SAGDP2 and CAGDP1) divided by mid-year population (BEA SAINC1 and CAINC1); U.S. Bureau of Economic Analysis, CAGDP11: annual percent change in real GDP, all industry total, individual counties and county equivalents. Economy statistics and rankings

Prices and housing

Median home value in Magoffin County was $89,000 in 2024, up 0.8% from 2023, and tied for the 12th lowest of 120 counties in Kentucky.

Median home value$89,0002024Up 0.8% from 2023Tied for the 12th lowest of 120 counties in Kentucky
Median gross rent (monthly)$7302024Up 15.3% from 2023The 45th lowest of 120 counties in Kentucky
Homeownership rate (US, housing units)75.4%2024Down 2.1 percentage points from 2023The 51st highest of 120 counties in Kentucky
77.5K80K82.5K85K87.5K90K20212022202320242021: 77,900 USD2022: 83,400 USD2023: 88,300 USD2024: 89,000 USD
Median home value, 2021 to 2024. USD. Source: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units.

Sources: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units; U.S. Census Bureau, American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent; U.S. Census Bureau, American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs. Housing statistics and rankings

Business and tourism

Employer firms in Magoffin County were 139 in 2023, up 6.1% from 2022, and the 31st lowest of 120 counties in Kentucky.

Employer firms1392023Up 6.1% from 2022The 31st lowest of 120 counties in Kentucky
Establishment entry rate11.348%2023Up 0.48 percentage points from 2022The 24th highest of 118 counties in Kentucky
Establishment exit rate4.255%2023Down 6.62 percentage points from 2022The 6th lowest of 118 counties in Kentucky
Job creation rate11.935%2023Down 1.52 percentage points from 2022
Farms3162022No 2021 figure to compare
12014016018019992003200720112015201920231999: 179 count2000: 172 count2001: 161 count2002: 169 count2003: 171 count2004: 169 count2005: 171 count2006: 160 count2007: 150 count2008: 147 count2009: 152 count2010: 143 count2011: 140 count2012: 140 count2013: 144 count2014: 157 count2015: 155 count2016: 140 count2017: 138 count2018: 131 count2019: 133 count2020: 127 count2021: 130 count2022: 131 count2023: 139 count
Employer firms, 1999 to 2023. count. Source: U.S. Census Bureau, Business Dynamics Statistics: employer firms, all covered industries, nation, states and counties.

Sources: U.S. Census Bureau, Business Dynamics Statistics: employer firms, all covered industries, nation, states and counties; U.S. Census Bureau, Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010; U.S. Census Bureau, Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010; U.S. Census Bureau, Business Dynamics Statistics: job creation rate, all covered industries, nation and states from 1978, counties from 2010; U.S. Department of Agriculture, National Agricultural Statistics Service, Census of Agriculture: number of farms, nation, states and counties (1997 to 2022). Companies statistics and rankings

Sources and citations

Each figure comes from the table cited here. Cite the publisher; these citations include any notice the publisher requires.

  1. U.S. Census Bureau. Annual estimates of the resident population for the United States, states and counties, 1 July (Population Estimates Program). https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/. Retrieved 2026-10-08.
  2. U.S. Census Bureau. American Community Survey 5-year estimates, table B01002: median age, total population. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b01002.dat. Retrieved 2026-10-08.
  3. U.S. Census Bureau. Population Estimates Program, county population by age and sex (cc-est agesex): residents aged 65 and over as a percentage of the total, 1 July; states and the nation summed from counties. https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/counties/asrh/cc-est2025-agesex-all.csv. Retrieved 2026-10-09.
  4. U.S. Census Bureau. American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b05002.dat. Retrieved 2026-10-09.
  5. U.S. Census Bureau. Population Estimates Program resident population on 1 July divided by land area from the latest Census Gazetteer files, persons per km². https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/. Retrieved 2026-10-09.
  6. U.S. Census Bureau. Population Estimates Program: net domestic migration, states and counties, July 1 of the previous year to June 30 of the reported year; vintage 2020 files for 2011 to 2020 and the latest 2020s vintage from 2021. https://www.census.gov/programs-surveys/popest/data/data-sets.html. Retrieved 2026-10-12.
  7. U.S. Bureau of Labor Statistics. Local Area Unemployment Statistics: unemployment rate by county, not seasonally adjusted. https://download.bls.gov/pub/time.series/la/la.data.0.CurrentU25-29. Retrieved 2026-10-08.
  8. U.S. Census Bureau. American Community Survey 5-year estimates, table B19013: median household income in the past 12 months. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19013.dat. Retrieved 2026-10-08.
  9. U.S. Bureau of Economic Analysis. CAINC1: county annual personal income summary, per capita personal income, current dollars, individual counties and county equivalents. https://apps.bea.gov/regional/zip/CAINC1.zip. Retrieved 2026-10-11.
  10. U.S. Census Bureau. Small Area Income and Poverty Estimates (SAIPE): percent of people of all ages in poverty, states and counties. https://www2.census.gov/programs-surveys/saipe/datasets/2024/2024-state-and-county/est24all.txt. Retrieved 2026-10-08.
  11. U.S. Census Bureau. American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19083.dat. Retrieved 2026-10-10.
  12. U.S. Bureau of Economic Analysis. CAGDP1: county GDP summary, current-dollar GDP (published in thousands of dollars, shown in millions). https://apps.bea.gov/regional/zip/CAGDP1.zip. Retrieved 2026-10-08.
  13. Invokely calculation from GDP in current dollars (BEA SAGDP2 and CAGDP1) divided by mid-year population (BEA SAINC1 and CAINC1). https://invokely.ai/docs/methodology#gdp_per_capita_usd. Retrieved 2026-10-09.
  14. U.S. Bureau of Economic Analysis. CAGDP11: annual percent change in real GDP, all industry total, individual counties and county equivalents. https://apps.bea.gov/regional/zip/CAGDP11.zip. Retrieved 2026-10-08.
  15. U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Retrieved 2026-10-09.
  16. U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25064.dat. Retrieved 2026-10-09.
  17. U.S. Census Bureau. American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25003.dat. Retrieved 2026-10-09.
  18. U.S. Census Bureau. Business Dynamics Statistics: employer firms, all covered industries, nation, states and counties. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-11.
  19. U.S. Census Bureau. Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-12.
  20. U.S. Census Bureau. Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-12.
  21. U.S. Census Bureau. Business Dynamics Statistics: job creation rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-12.
  22. Source: USDA National Agricultural Statistics Service, Census of Agriculture. Census of Agriculture: number of farms, nation, states and counties (1997 to 2022). Retrieved through Data Commons (datacommons.org). https://www.nass.usda.gov/AgCensus/. Retrieved 2026-10-11. Retrieved through Data Commons (https://datacommons.org).

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