Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 21,146 ↓ 1.9% since 2020 |
| Median Household Income | $40,501 46% below national median |
| Median Home Value | $70,500 |
| Unemployment Rate | 5.8% |
| Median Age | 43.3 years |
| Housing Vacancy Rate | 21.0% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 21,146 |
| Population (2020) | 21,548 |
| Population Growth | -1.87% |
| Median Household Income | $40,501 |
| Median Home Value | $70,500 |
| Total Housing Units | 10,594 |
| Vacant Housing Units | 2,227 |
| Housing Vacancy Rate | 21.0% |
| Median Age | 43.3 |
| Bachelor's Degree or Higher | 1,040 (4.9%) |
| Unemployment Rate | 5.8% |
Market Overview
Letcher County, Kentucky has a population of 21,146, which has declined 1.87% since 2020. The median household income is $40,501, below the national median of $74,580 by 45.7%. The housing vacancy rate of 21.0% suggests soft market conditions. Letcher County remains a key area for land acquisition in Kentucky.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Letcher County, Kentucky?
As of the 2023 American Community Survey, Letcher County has a population of 21,146. The county has declined 1.87% since the 2020 Census.
What is the median household income in Letcher County?
The median household income in Letcher County is $40,501, which is 45.7% below the national median of $74,580.
Is Letcher County growing or shrinking?
Letcher County is shrinking. The population has declined 1.87% since 2020.
What is the housing market like in Letcher County?
The median home value in Letcher County is $70,500. The housing vacancy rate is 21.0%, which suggests soft market conditions. The unemployment rate is 5.8%, reflecting the local economic conditions.
Does Reelvest buy land in Letcher County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Letcher 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.