Market insights · Kentucky
Spencer County, KY: growth, migration and housing
Spencer County has 20,998 residents, up 7.7% since 2020 (+1.4% in the last year). In 2022–2023, 623 households moved in and 578 moved out (+45 net), bringing in a net $9.0M of income. Median household income is $102,618, the median home $330,000 and median rent $987 a month.
In Kentucky: 6th of 120 counties for 5-year population growth · 43rd of 120 counties for net in-migration (per resident) · 2nd of 120 counties for median household income · 2nd of 120 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Spencer County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Jefferson County, KY | 247 | $19.6M |
| Bullitt County, KY | 80 | $6.0M |
| Shelby County, KY | 64 | $3.8M |
| Nelson County, KY | 24 | $1.5M |
Where leavers went
Top counties by households leaving Spencer County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Jefferson County, KY | 199 | $12.3M |
| Shelby County, KY | 73 | $4.6M |
| Bullitt County, KY | 68 | $4.0M |
| Nelson County, KY | 40 | $1.8M |
BizyFi in Spencer County
No companies in the BizyFi directory are based here yet. Search them on the company map (company names with a free account), or browse Kentucky companies.
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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.