Market Snapshot
| Indicator | Value |
|---|---|
| Population | 7,655 ↑ 1.6% since 2020 |
| Median Household Income | $53,616 28% below national median |
| Median Home Value | $119,600 |
| Unemployment Rate | 7.2% |
| Median Age | 38.9 years |
| Housing Vacancy Rate | 17.6% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 7,655 |
| Population (2020) | 7,537 |
| Population Growth | 1.57% |
| Median Household Income | $53,616 |
| Median Home Value | $119,600 |
| Total Housing Units | 3,333 |
| Vacant Housing Units | 588 |
| Housing Vacancy Rate | 17.6% |
| Median Age | 38.9 |
| Bachelor's Degree or Higher | 288 (3.8%) |
| Unemployment Rate | 7.2% |
Market Overview
Nicholas County, Kentucky has a population of 7,655, which has grown 1.57% since 2020. The median household income is $53,616, below the national median of $74,580 by 28.1%. The housing vacancy rate of 17.6% suggests soft market conditions. The county's location in Kentucky makes it accessible for investors and developers seeking rural land.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Nicholas County, Kentucky?
As of the 2023 American Community Survey, Nicholas County has a population of 7,655. The county has grown 1.57% since the 2020 Census, indicating a growing community.
What is the median household income in Nicholas County?
The median household income in Nicholas County is $53,616, which is 28.1% below the national median of $74,580.
Is Nicholas County growing or shrinking?
Nicholas County is growing. The population has increased 1.57% since 2020.
What is the housing market like in Nicholas County?
The median home value in Nicholas County is $119,600. The housing vacancy rate is 17.6%, which suggests soft market conditions. The unemployment rate is 7.2%, reflecting the local economic conditions.
Does Reelvest buy land in Nicholas County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, including Nicholas 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.