Counties / Kentucky / Scott County

Scott County, KY

FIPS 21209 · population 59,536 · part of Lexington, KY

$346k
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
$346k
▲ 4.1% year over year
Zillow ZHVI · direct
Median asking rent
$1,527
▲ 4.4% year over year
Zillow ZORI · direct
Gross yield
5.3%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,272
market rent is 1.20x 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+56.5%not annualized · through 2025
0%ZILLOW ZHVI2026-06+4.1%FHFA HPI2025+4.0%
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$289k
Surveyed gross rent$1,247
Rent burden 30%+41.4%
Median year built2000
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
4.6%vacant
23,725estimated housing units
Occupied tenure28.3% renter
owner 71.7%renter 28.3%
Structure mix78.6% single-family
Single-family 78.6%20+ units 2.6%Mobile home 4.4%Other 14.4%
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 jobs31,430▼ 0.6% from the prior annual release
Covered establishments1,868annual average reporting locations
Average weekly wage$1,453▲ 4.6% from the prior annual release
Largest private supersectorManufacturing44.9% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.6%WEEKLY WAGE+4.6%Manufacturing44.9%
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

Scott County’s central tension is that a measured 5.30% gross yield sits beside a softer county workplace-employment signal and inland-flood exposure. It warrants property-level work for operators able to verify flood insurance, taxes and lease comparables; buyers depending on appreciation or rapid resale should be cautious. Zillow’s June 2026 county median home value was $345,530 and median asking rent was $1,527 per month, up 4.07% and 4.44%, respectively, year over year. These are county measures, not a property appraisal or a lease quote.

02Housing economics

That yield is based on annual market rent before operating costs and therefore is not net cash flow. The 0.66% effective property-tax rate and $1,908 median annual tax identify one carrying cost, but insurance, repairs, financing, vacancy and flood mitigation are not published. HUD FMR is $1,272 monthly; it is a payment standard, not an estimate of asking rent, and should not substitute for the measured market rent. FHFA’s 2025 repeat-transaction HPI increased 4.05% annually and 56.54% over five years. It corroborates positive price direction, but is neither a home value nor the same vintage or method as Zillow.

03Demand & competition

Realtor.com’s MLS listing-market evidence shows 145 active listings, 28.57% fewer than a year earlier, while 12.64% of listings had price reductions. Reduced visible supply can coexist with seller concessions; neither asking-price behavior nor inventory proves closed-sale demand. Net migration was positive, and average in-mover AGI exceeded average out-mover AGI by $2,698, a favorable composition signal with no proof that movers are homebuyers or renters. Investor purchases represented 8.43% of all purchase mortgages, signaling participation but not a dominant buyer base or investor rent performance.

04Risk & next checks

Labor support needs scrutiny: QCEW annual covered employment at county workplaces declined 0.64%, while Manufacturing, the largest disclosed private supersector, accounted for 44.94% of private covered jobs. This is not resident employment, unemployment, or a forecast. Modeled annual climate loss equals 0.11% of building value and aligns with inland flood as the dominant hazard; it is not a property-specific loss estimate. Missing flood-zone, insurance and elevation data prevent a reliable net-yield conclusion; missing closed-sale, lease, vacancy and property-condition evidence prevents a defensible purchase-price and rent-underwriting conclusion.

Cities & communities

Where people live within Scott 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
Georgetown city39.1KStamping Ground city994Sadieville city370Corinth city*226
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

4 Census places

Population
  1. 01
    Georgetown cityIncorporated place
    39,117
  2. 02
    Stamping Ground cityIncorporated place
    994
  3. 03
    Sadieville cityIncorporated place
    370
  4. 04
    Corinth cityIncorporated place · spans 2 counties
    226

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

0.109% of building value expected lost per year

Effective property tax0.66%

$1,908 median annual bill

02
DemandIRS SOI household flows
Net migration+278

2,104 in · 1,826 out

Arriving vs leaving income+$2,698

$63,114 arriving · $60,416 leaving

03
CompetitionHMDA financed purchases
Purchases by investors8.4%

78 of 925 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 listings145▼ 28.6% year over year
Median days on market35▼ 44.4% year over year
Listings price-reduced12.6%seller-concession signal
Median listing pricen/a▼ 1.5% 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 Lexington, 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
Scott County59,536$346k$1,5275.3%inland flooding
Fayette County323,725$336k$1,5515.5%inland flooding
Jessamine County54,588$328k$1,5425.6%inland flooding
Clark County37,192$258k$1,2095.6%inland flooding
Woodford County27,279$356k$1,5665.3%inland flooding
Bourbon County20,240$258k$1,0234.8%inland flooding
Bear case

What can break the county thesis

  1. Flood insurance, mitigation, or property-tax expenses could erase a pre-cost yield.
  2. Workplace employment contraction and manufacturing concentration could weaken the tenant base.
  3. County rent and price indicators may not match the target property's submarket, condition, or lease terms.
Underwriting questions

Before pricing a property

Is a market-rent measure published?

Yes. The record publishes a county median asking-rent measure that is distinct from HUD FMR.

Does the record show buyer competition from investors?

It shows investor participation in purchase mortgages, but not investor bidding behavior, purchase pricing, or operating performance.

Can net yield be underwritten from the record?

No. The record lacks property-specific insurance, flood, condition, financing, vacancy, repair, and operating-expense evidence.