Counties / Kentucky / Wolfe County

Wolfe County, KY

FIPS 21237 · population 6,443 · outside every metro area

$130k
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
$130k
▼ 1.9% year over year
Zillow ZHVI · direct
ACS median gross rent
$501
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$866
the Section 8 payment 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.

One annual series is unavailable
FHFA five-year cumulativen/anot annualized · through n/a
0%ZILLOW ZHVI2026-06−1.9%FHFA HPIperiod n/an/a
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$76k
Surveyed gross rent$501
Rent burden 30%+59.0%
Median year built1990
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
12.4%vacant
3,053estimated housing units
Occupied tenure26.5% renter
owner 73.6%renter 26.5%
Structure mix61.5% single-family
Single-family 61.5%20+ units 0.0%Mobile home 32.3%Other 6.2%
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 jobs1,594▲ 1.9% from the prior annual release
Covered establishments189annual average reporting locations
Average weekly wage$771▲ 2.4% from the prior annual release
Largest private supersectorEducation and health services33.7% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+1.9%WEEKLY WAGE+2.4%Education and health services33.7%
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

Both Zillow county and Realtor inventory observations are labeled 2026-06. Zillow's median home value was $130,478, down 1.92% year over year, while Realtor.com's MLS median listing price fell 7.03%. Wolfe County's decision tension is that value measure against weakening listing-market signals and unverified income; investors requiring cash flow or sale liquidity should investigate carefully. Zillow is a value measure; the Realtor figure is asking-price evidence, not a closed-sale result. No FHFA annual HPI is published, so repeat-transaction appreciation cannot test Zillow's direction.

02Housing economics

Effective property tax is 0.55%; each parcel's assessment and exemptions need validation. Market rent is not published, so gross yield cannot be computed. HUD's two-bedroom FMR of $866 per month is a payment standard, not an asking-rent estimate, and cannot fill that gap. Unpublished insurance, utilities, repairs, financing and rent comps prevent a cash-flow or net-yield conclusion.

03Demand & competition

Realtor.com shows 40 active MLS listings, up 26.98%, with median marketing time of 88 days, 21.33% of listings reduced, and a 16.25% pending-to-active ratio. These measures indicate visible supply, seller concessions and marketing time; they neither establish buyer demand nor indicate sale execution. QCEW's 2025 annual average records 1,594 covered jobs at county workplaces, up 1.92%; its average weekly wage is a covered-worker measure, not resident income. Education and health services is the largest disclosed private supersector, at 33.73% of private covered employment, not the whole county economy.

04Risk & next checks

Tax-return migration is negative at -45, yet the supplied average-AGI gap favors movers in by $10,083; that combination shows fewer moving tax households overall but higher reported income among arrivals, without identifying tenure or destination. Investor purchase mortgages represented 31.71% of 41 purchases, making buyer competition relevant but based on a small count rather than evidence of price support. Inland flood is the dominant hazard, with modeled annual climate loss of 0.30% of building value. Parcel flood exposure, insurance quotes, closed sales and vacancy data are needed next.

Cities & communities

Where people live within Wolfe 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
Campton city272Hazel Green CDP33
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

2 Census places

Population
  1. 01
    Campton cityIncorporated place
    272
  2. 02
    Hazel Green CDPCensus-designated place
    33

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

0.301% of building value expected lost per year

Effective property tax0.55%

$414 median annual bill

02
DemandIRS SOI household flows
Net migration-45

88 in · 133 out

Arriving vs leaving income+$10,083

$43,534 arriving · $33,451 leaving

03
CompetitionHMDA financed purchases
Purchases by investors31.7%

13 of 41 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 listings40▲ 27.0% year over year
Median days on market88▲ 13.3% year over year
Listings price-reduced21.3%seller-concession signal
Median listing pricen/a▼ 7.0% year over year

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

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Parcel rents and operating costs may not support cash flow despite the county value measure.
  2. Inland-flood exposure and insurance availability may vary sharply by parcel.
  3. MLS listing conditions may not match closed-sale pricing or appraisal outcomes.
Underwriting questions

Before pricing a property

Can gross yield be calculated from this record?

No. Market rent is not published, and HUD FMR is not a substitute for market rent.

What does the QCEW job count represent?

It represents annual average covered jobs located at workplaces in the county, not resident employment.

Which hazard should be checked at the parcel level?

Inland flood, including parcel-specific exposure and insurance availability.