Economically, Woodford County’s median income per household is approximately $49,490, but families, specifically, bring in a higher level of income at $58,200. About 7 percent of the population in-county are officially below the national poverty line, and of that figure, 21 percent are under 18 or over age 65. In terms of property values, Woodford County commands a bit higher value than other locations in the greater region. The median property is valued at approximately $188,200; part if this is due to the fact that 70 percent of the County population live in a home versus high-density housing.
Woodford County’s labor market is made up of a large number of commuters who earn higher than average income outside of the county and bring it back to the local market. Utilities, government, and manufacturing make up the lion’s share of income generation and occupation areas for residents. The most common role of employed is a position in management as well as office positions. The third highest group are those who work in sales careers. Interestingly, the County also employs a notable cluster of people working in agriculture and fishing.
Average vehicle ownership hovers at about two cars per household. Interstate 64 cuts across the top of the County, but it’s state routes 60, 62, and 9002 that are the main traffic conduits. The average trip to major centers regionally is about 21 minutes by car. For education, the main institution in the County is Midway University, with most college graduates focusing on business and nursing. For primary education, the County public school system provides 2 high schools, 5 elementary schools, and 1 preschool.
Getting a Closer Look
If you’re thinking about a relocation or move near Lexington, Kentucky, Woodford County would be an excellent place to look, especially for a growing family. It has all the right elements and is far enough away from the urban center to avoid many of the big city issues. Capstone Realty Consultants can help, providing local expertise and knowledge to find you the best new home or living package in the area. Give us a call today to find out more or when you’re ready to begin local research.