Market Snapshot
| Indicator | Value |
|---|---|
| Population | 56,462 ↑ 0.2% since 2020 |
| Median Household Income | $48,435 35% below national median |
| Median Home Value | $157,200 |
| Unemployment Rate | 6.8% |
| Median Age | 45.8 years |
| Housing Vacancy Rate | 13.6% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 26,515 |
| Population (2020) | 26,627 |
| Population Growth | -0.42% |
| Median Household Income | $50,389 |
| Median Home Value | $126,100 |
| Total Housing Units | 12,283 |
| Vacant Housing Units | 1,912 |
| Housing Vacancy Rate | 15.6% |
| Median Age | 41.8 |
| Bachelor's Degree or Higher | 1,573 (5.9%) |
| Unemployment Rate (BLS) | 5.9% |
Market Overview
Carter County, Kentucky has a population of 26,515, which has declined 0.42% since 2020. The median household income is $50,389, below the national median of $74,580 by 32.4%. With a median home value of $126,100 and an unemployment rate of 5.9%, the local economy is struggling. The housing vacancy rate of 15.6% suggests soft market conditions. Carter County is part of Kentucky's land market, attracting both local and out-of-state buyers.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Carter County, Kentucky?
As of the 2023 American Community Survey, Carter County has a population of 26,515. The county has declined 0.42% since the 2020 Census.
What is the median household income in Carter County?
The median household income in Carter County is $50,389, which is 32.4% below the national median of $74,580.
Is Carter County growing or shrinking?
Carter County is shrinking. The population has declined 0.42% since 2020.
What is the housing market like in Carter County?
The median home value in Carter County is $126,100. The housing vacancy rate is 15.6%, which suggests soft market conditions. The unemployment rate is 5.9%, indicating a struggling local economy.
Does Reelvest buy land in Carter County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Carter County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.