Market insights · Kentucky
Mercer County, KY: growth, migration and housing
Mercer County has 23,733 residents, up 4.8% since 2020 (+1.0% in the last year). In 2022–2023, 729 households moved in and 588 moved out (+141 net), bringing in a net $13.0M of income. Median household income is $64,824, the median home $202,300 and median rent $831 a month.
In Kentucky: 25th of 120 counties for 5-year population growth · 8th of 120 counties for net in-migration (per resident) · 30th of 120 counties for median household income · 27th of 120 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Mercer County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Boyle County, KY | 124 | $5.8M |
| Fayette County, KY | 85 | $5.7M |
| Anderson County, KY | 42 | $2.2M |
| Jessamine County, KY | 41 | $2.3M |
| Woodford County, KY | 31 | $1.7M |
| Franklin County, KY | 25 | $1.4M |
| Garrard County, KY | 25 | $1.1M |
| Lincoln County, KY | 25 | $0.9M |
Where leavers went
Top counties by households leaving Mercer County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Boyle County, KY | 103 | $5.2M |
| Fayette County, KY | 67 | $3.1M |
| Lincoln County, KY | 46 | $1.8M |
| Anderson County, KY | 42 | $2.4M |
| Jessamine County, KY | 28 | $0.9M |
| Madison County, KY | 22 | $1.1M |
| Franklin County, KY | 21 | $0.9M |
BizyFi in Mercer 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.