Median Household Income
$33,080
Median Home Value
$89,000
Median Gross Rent
$730/mo
Poverty Rate
38.2%
Unemployment Rate
9.0%
Homeownership Rate
75.4%
Bachelor's Degree or Higher
12.8%
Median Age
42.6
Population Over Time
Magoffin County shrank 13.2% from 2014 to 2024.
2014
13,076
2016
12,887
2018
12,666
2020
12,346
2022
11,647
2024
11,348
Business & Industry
Magoffin County has 156 business establishments employing 1,257 people.
Health care and social assistance
21
Professional, scientific, and technical services
14
Finance and insurance
11
Accommodation and food services
11
Other services (except public administration)
10
Construction
9
Mining, quarrying, and oil and gas extraction
6
Information
5
Establishments by industry sector. Source: U.S. Census Bureau, County Business Patterns.
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.