Counties / Kentucky / Boyle County

Boyle County, KY

FIPS 21021 · population 30,941 · part of Danville, KY

$247k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$247k
▲ 0.8% year over year
Zillow ZHVI · direct
Median asking rent
$1,148
n/a year over year
Zillow ZORI · direct
Gross yield
5.6%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$913
market rent is 1.26x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+50.0%not annualized · through 2025
0%ZILLOW ZHVI2026-06+0.8%FHFA HPI2025+0.4%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$210k
Surveyed gross rent$778
Rent burden 30%+48.7%
Median year built1978
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
7.4%vacant
13,010estimated housing units
Occupied tenure32.0% renter
owner 68.0%renter 32.0%
Structure mix77.3% single-family
Single-family 77.3%20+ units 1.6%Mobile home 4.5%Other 16.5%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs14,505▼ 1.3% from the prior annual release
Covered establishments1,075annual average reporting locations
Average weekly wage$1,062▲ 6.1% from the prior annual release
Largest private supersectorEducation and health services30.7% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−1.3%WEEKLY WAGE+6.1%Education and health services30.7%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Boyle County presents a tension between modest measured price movement, a positive preliminary rent metric, and a listing market showing seller concessions. It merits property-level investigation for buyers able to validate rents and flood costs; investors relying on quick resale evidence should be cautious. Zillow’s 2026-06 county median home value was $246,553, up 0.78% year over year. Separately, FHFA’s 2025 annual repeat-transaction HPI rose 0.44%; it confirms direction but is not a home value and cannot be combined with Zillow’s observation.

02Housing economics

Measured median asking rent was $1,148 per month, supporting a 5.59% gross yield before taxes, insurance, repairs, vacancy, management, or financing. This is market rent, unlike HUD’s $913 two-bedroom Fair Market Rent payment standard; FMR cannot be substituted for asking rent. The effective property-tax rate was 0.83%, creating a county-level carrying-cost consideration alongside the price and rent figures, but not a parcel-level expense estimate.

03Demand & competition

Realtor.com’s 2026-06 MLS listing evidence requires asking-price signals to be tested: median listing price was 30.37% higher year over year, median marketing time was 56 days, and 22.94% of listings had a price reduction. These are asking-price, marketing-time, and seller-concession measures—not closed-sale prices or proof of buyer demand. Active listings are visible supply, while migration was positive and incoming mover households reported higher average income than outgoing movers. Neither measure establishes tenant demand.

04Risk & next checks

The principal hazard is inland flood: modeled annual climate loss equals 0.12% of building value, not a parcel prediction or insurance quote. QCEW’s 2025 annual average shows covered workplace employment declined; it is neither resident employment nor an unemployment measure. Education and health services was the largest disclosed private supersector, not the whole economy. Investor purchase-mortgage share was a minority of total purchase mortgages, offering only a limited view of buyer competition. Closed-sale comps, vacancy, operating expenses, parcel flood zones, insurance terms, and lease-level rent comps are not published; without them, net yield, exit pricing, and property-specific hazard conclusions cannot be underwritten.

Cities & communities

Where people live within Boyle County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Danville city17.3KJunction City city*2.6KPerryville city970
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

3 Census places

Population
  1. 01
    Danville cityIncorporated place
    17,327
  2. 02
    Junction City cityIncorporated place · spans 2 counties
    2,643
  3. 03
    Perryville cityIncorporated place
    970

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.120% of building value expected lost per year

Effective property tax0.83%

$1,731 median annual bill

02
DemandIRS SOI household flows
Net migration+16

872 in · 856 out

Arriving vs leaving income+$7,651

$63,382 arriving · $55,731 leaving

03
CompetitionHMDA financed purchases
Purchases by investors9.3%

29 of 313 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings113▲ 2.3% year over year
Median days on market56▼ 3.5% year over year
Listings price-reduced22.9%seller-concession signal
Median listing pricen/a▲ 30.4% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Danville, KY

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Boyle County30,941$247k$1,1485.6%inland flooding
Lincoln County24,504$199kn/an/ainland flooding
Bear case

What can break the county thesis

  1. Property-level flood insurance, mitigation needs, or flood-zone conditions could erase the preliminary yield.
  2. Reported market rent may not be achievable for a specific unit after condition, lease, and vacancy are tested.
  3. MLS listing-market evidence may not translate into achievable closed-sale exit pricing.
Underwriting questions

Before pricing a property

What is the reported market rent and gross yield?

Median asking rent is $1,148 per month and reported gross yield is 5.59% before costs.

What does QCEW show about county labor conditions?

The 2025 annual average for covered workplace employment declined 1.26%; this is not resident employment or an unemployment measure.

What share of purchase mortgages went to investors?

Investor purchase mortgages accounted for 9.27% of total purchase mortgages.