Market insights · Kentucky
Madison County, KY: growth, migration and housing
Madison County has 101,696 residents, up 9.3% since 2020 (+2.1% in the last year). In 2022–2023, 3,186 households moved in and 2,509 moved out (+677 net), bringing in a net $37.0M of income. Median household income is $63,351, the median home $232,000 and median rent $889 a month.
In Kentucky: 3rd of 120 counties for 5-year population growth · 6th of 120 counties for net in-migration (per resident) · 34th of 120 counties for median household income · 15th of 120 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Madison County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Fayette County, KY | 661 | $37.7M |
| Clark County, KY | 117 | $5.4M |
| Estill County, KY | 104 | $3.9M |
| Rockcastle County, KY | 94 | $3.2M |
| Laurel County, KY | 86 | $3.7M |
| Garrard County, KY | 73 | $2.8M |
| Jefferson County, KY | 72 | $2.9M |
| Jessamine County, KY | 58 | $2.6M |
Where leavers went
Top counties by households leaving Madison County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Fayette County, KY | 461 | $22.9M |
| Rockcastle County, KY | 109 | $4.6M |
| Garrard County, KY | 86 | $6.8M |
| Clark County, KY | 79 | $3.2M |
| Jefferson County, KY | 79 | $3.0M |
| Estill County, KY | 77 | $2.8M |
| Scott County, KY | 71 | $4.1M |
| Laurel County, KY | 56 | $2.6M |
BizyFi in Madison County
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.