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Oldham County, KY

RANK #434 / 996  ·  POP 67,997  ·  KY

PROJECTED GROWTH: +0.9%

Oldham County sits in the middle of the pack — stable but not accelerating.

[01] Why Oldham County?

Oldham County, Kentucky, distinguishes itself with La Grange, its county seat, where an active freight train runs directly down Main Street, sharing the roadway with pedestrians and vehicles. Located about 25 miles northeast of Louisville on I-71, the county offers a blend of quiet, residential living with access to urban amenities. Its landscape features rolling hills and horse farms, contributing to a scenic environment. Residents have access to numerous parks and nature preserves, such as Creasy Mahan Nature Preserve and Yew Dell Botanical Gardens, providing miles of trails for outdoor recreation.

Life in Oldham County often appeals to families, drawn by its highly-rated public school system. The community maintains a suburban feel with a focus on quality of life, including local restaurants and shopping. Commuting to Louisville is a common practice for many residents. The local economy is seeing growth, partly driven by investment in technology infrastructure, including data centers. While these developments bring economic activity, they have also prompted community discussions regarding their scale and impact.

[02] Market Snapshot

Housing Ratio
10.4x

Overvalued relative to economy

GDP Growth
+8.8%

Well above national median

Home Prices
+2.4%

Outpacing national median

Climate & Terrain
-0.8

Below-average climate & terrain

Price/Rent
27x

Speculative pricing

Housing looks overvalued at 10.4x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Oldham County U.S. National

The Numbers

DEMOGRAPHICS
Population
67,997
+0.61% YoY
Median Household Income
$117,334
Median Home Value
$357,500
+2.36% 12mo
Median Rent
$1,113
Average Annual Pay
$68,157
+12.9% YoY
Employment
17,474
+3.1% YoY
Income-to-Home-Value
0.3282
More affordable than average
Migration Inflow
5.16%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$377,500
Days on Market
98
Slower market
Months of Supply
2.9
Seller's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
13.3%
Listings w/ Price Drops
16.2%
Building Permits (2024)
402
Single-Family Permits
346

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

[05] Capital Investment

$6,100M
TOTAL
PROJECT AMOUNT STATUS
Project Lincoln: OC Data Center
Western Hospitality Partners - Kentucky LLC
$6,000M Proposed
Oldham Reserve
Hollenbach-Oakley
$50M Under Construction
Oldham County Schools Capital Projects (various campus improvements, new high school site, athletic/site enhancements)
Oldham County Schools
$50M Planned

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

[06] Score Breakdown

GDP Growth +8.8% 97 percentile
Population Growth +0.6% 58 percentile
Income Growth +6.8% 16 percentile
Vacancy Rate 0.6% 90 percentile
Home Price Change +2.4% 64 percentile
Price/Rent 27x 1 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Oldham County has a Boom Town Index score of 56/100, ranking #434 among 996 U.S. counties. With job growth at +3.1% and a median household income of $117,334, it's an above-average county on economic indicators.

Is Oldham County affordable?

The median home value in Oldham County is $357,500 with median rent at $1,113/month. The income-to-home-value ratio is 0.3282, which is more affordable than the national average.

Is Oldham County growing or shrinking?

Population growth: +0.6% year-over-year. Job growth: +3.1%. Home values changed +2.4% in the past 12 months.

Are people moving to Oldham County?

Yes — 5.16% of Oldham County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Fayette County, KY 66 Plymouth County, MA 66 Wright County, MN 66 Washington County, NY 66 Floyd County, IN 66 Kalamazoo County, MI 66 Warren County, OH 66 Nacogdoches County, TX 66