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Hardin County, KY

RANK #659 / 996  ·  POP 111,005  ·  KY

PROJECTED GROWTH: +0.2%

Hardin County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Hardin County?

Elizabethtown, the county seat, serves as a central hub in Hardin County, Kentucky, located about 44 miles south of Louisville. This area, part of the Elizabethtown-Fort Knox Metropolitan Statistical Area, offers a blend of historical sites and modern amenities. Residents experience a relaxed pace of life with access to outdoor recreation, including hiking, fishing, and camping at places like Freeman Lake Park and Saunders Springs Nature Preserve. The community provides a small-town feel while remaining connected to larger cities via major transportation routes like Interstate 65.

Life in Hardin County often appeals to families and young professionals. The public school system is rated above average, with institutions like John Hardin High School and East Hardin Middle School noted for their performance. The local economy is influenced by Fort Knox, a significant U.S. Army installation, and has seen recent growth in manufacturing. Major investments in energy and infrastructure are also shaping the economic landscape, contributing to job opportunities in various sectors.

[02] Market Snapshot

Housing Ratio
3.6x

Undervalued relative to economy

GDP Growth
-0.3%

Contracting economy

Home Prices
-0.5%

Prices declining

Climate & Terrain
-0.7

Below-average climate & terrain

Price/Rent
12x

Below national median (13x)

Housing looks undervalued at 3.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Hardin County U.S. National

The Numbers

DEMOGRAPHICS
Population
111,005
+0.79% YoY
Median Household Income
$64,136
Median Home Value
$186,500
-0.47% 12mo
Median Rent
$909
Average Annual Pay
$55,787
+6.3% YoY
Employment
48,897
+2.7% YoY
Income-to-Home-Value
0.3439
More affordable than average
Migration Inflow
3.81%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$277,145
Days on Market
103
Slower market
Months of Supply
4.8
Balanced market
Sale-to-List Ratio
96.6%
Negotiation room for buyers
Sold Above List
13.1%
Listings w/ Price Drops
18.7%
Building Permits (2024)
945
Single-Family Permits
391

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$6,353M
TOTAL
PROJECT AMOUNT STATUS
BlueOval SK Battery Park
Ford Motor Company and SK Innovation
$5,800M Under Construction
CPV Stonecrop Solar
Competitive Power Ventures (CPV)
$143M In Development
Telesto Solar Project
Lightsource bp
$140M Proposed
Stonefield Solar Project
Candela Renewables (Stonefield Solar, LLC)
$120M Planned
Rhudes Creek Solar Project
ibV Energy Partners
$100M Proposed
Glendale KY Highway 222/Interstate 65 Interchange Improvement
Kentucky Transportation Cabinet (KYTC)
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth -0.3% 6 percentile
Population Growth +0.8% 64 percentile
Income Growth +7.1% 19 percentile
Vacancy Rate 1.8% 12 percentile
Home Price Change -0.5% 26 percentile
Rent Growth +3.4% 58 percentile
Price/Rent 12x 61 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Hardin County, KY a good place to move to?

Hardin County has a Boom Town Index score of 34/100, ranking #659 among 996 U.S. counties. With job growth at +2.7% and a median household income of $64,136, it faces some economic headwinds compared to faster-growing counties.

Is Hardin County affordable?

The median home value in Hardin County is $186,500 with median rent at $909/month. The income-to-home-value ratio is 0.3439, which is more affordable than the national average.

Is Hardin County growing or shrinking?

Population growth: +0.8% year-over-year. Job growth: +2.7%. Home values changed -0.5% in the past 12 months.

Are people moving to Hardin County?

Yes — 3.81% of Hardin County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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