1st Advantage Mortgage35% of Anderson County households earn $100,000 or more; the median is $74,488 (ACS 2020-24). Your income, debts and credit decide what you qualify for. Get offers in writing, compare the total repaid, and never pay a fee up front.
On this page
- Anderson County by the numbers
- Where Anderson County differs from the rest of Kentucky
- Anderson County industries and commutes
- Income in Anderson County compared with Kentucky
- Rent, home values and ownership in Anderson County
- The counties around Anderson County
- Cities, towns and CDPs in Anderson County
- What a median Anderson County budget can carry
- Anderson County residents: age, schooling, coverage
- Local borrowing considerations for Anderson County
- A Anderson County borrower's checklist
- Checking a lender's license in Kentucky
- More guides for Anderson County
- Frequently asked questions
Anderson County by the numbers
The latest five-year Census estimate puts Anderson County's population at 24,353; only 47 of Kentucky's 120 county-level areas are larger. It covers 202 square miles of land, or about 120 people per square mile. No metropolitan area includes Anderson County in the 2023 federal delineation, so its numbers stand on their own rather than as part of a metro. Largest place: Lawrenceburg, about 11,943 residents (49% of Anderson County); 1 Census place in all.
Where Anderson County differs from the rest of Kentucky
The 4 Anderson County numbers that rank furthest from typical in Kentucky, and what each means for a borrower:
- On the ACS unemployment rate, Anderson County sits near the bottom of Kentucky at 2.2%, 3rd lowest of 120. Low unemployment does not lower your rate; your credit does.
- Median household income: $74,488 in Anderson County. Only 10 of 120 Kentucky counties are higher. A high county median can hide a wide spread, so budget from your own pay.
- On the housing vacancy rate, Anderson County sits near the bottom of Kentucky at 7%, 12th lowest of 120. Low vacancy tends to push rents up over time.
- Few Kentucky counties match Anderson County on the share of households earning $100,000 or more: 35% here, 30% for the state, ranking 12th highest of 120. High earners still overpay when they skip comparing offers.
Anderson County industries and commutes
Top Anderson County industry by residents employed: education and health care, 24%; second, manufacturing, 18%. Relative to Kentucky (4%), public administration is 7 points bigger in Anderson County (11%). 2.2% of Anderson County's labor force reported being unemployed, averaged across 2020 to 2024. Long commutes are common here: 22% of workers spend 45 minutes or longer getting to work. Households without a car make up 3.8% of the total (6.8% statewide).
| Sector | Anderson County | Compared with Kentucky |
|---|---|---|
| Education and health care | 24.0% | -0.3 pts |
| Manufacturing | 17.9% | +3.6 pts |
| Public administration | 11.3% | +7.0 pts |
| Retail trade | 9.7% | -1.9 pts |
| Other services | 7.8% | +3.2 pts |
| Professional and administrative services | 5.9% | -3.1 pts |
A lender verifies what your own job pays. The county's industry mix tells you about the local economy, not about your application.
Income in Anderson County compared with Kentucky
Median household income in Anderson County: $74,488 (17% above Kentucky, $63,726). In the state ranking that is 11th of 120.
| Income band | Share in Anderson County | Difference from Kentucky |
|---|---|---|
| Under $35,000 | 20.9% | -7.1 pts |
| $35,000 to $99,999 | 43.7% | +1.8 pts |
| $100,000 to $199,999 | 30.4% | +7.5 pts |
| $200,000 or more | 5.0% | -2.2 pts |
About 21% of households earn under $35,000, while 35% clear $100,000. 11.5% of residents fall below the federal poverty line (statewide: 16.1%). Anderson County scores 0.397 on the Gini index, where higher means more unequal incomes. None of these numbers decides a Anderson County application. Lenders weigh your own documented income against your own debts.
Rent, home values and ownership in Anderson County
Half of Anderson County renters pay more than $927 a month and half pay less; the Kentucky midpoint is $967. Cost-burdened renters, paying 30%-plus of income: 46% in Anderson County, 45% statewide. Anderson County homes are worth $225,100 at the median, a 3.0-to-1 ratio to income. Owners occupy 78% of homes. The median year built is 1989. Nationally, Anderson County's $927 rent is 6% above the middle county.
| Measure | Anderson County | Kentucky | Gap |
|---|---|---|---|
| Owners | 78% | 68% | +9.3 pts |
| Mobile homes | 6.6% | 10.7% | -4.1 pts |
| Burdened owners | 19% | 23% | -3.4 pts |
| Median home value | $225,100 | $205,600 | 9% higher |
| Median gross rent | $927/mo | $967/mo | 4% lower |
| Rent-burdened renters | 46% | 45% | +0.4 pts |
With 78% of Anderson County homes owner-occupied, equity is a real alternative for many readers; just remember a missed HELOC payment puts the home at risk.
The counties around Anderson County
The six counties whose centers lie closest to Anderson County's, from 13 to 21 miles away. 3 of the six report a higher median household income than Anderson County; Spencer County is highest at $102,618 and Washington County lowest at $61,616.
| Nearby county | Center to center | Household income | Gross rent | Owner-occupied |
|---|---|---|---|---|
| Anderson County | - | $74,488 | $927/mo | 78% |
| Woodford County, KY | 13 mi | $83,788 | $1,138/mo | 72% |
| Mercer County, KY | 15 mi | $64,824 | $831/mo | 76% |
| Franklin County, KY | 17 mi | $65,298 | $967/mo | 64% |
| Spencer County, KY | 18 mi | $102,618 | $987/mo | 88% |
| Washington County, KY | 20 mi | $61,616 | $744/mo | 78% |
| Shelby County, KY | 21 mi | $82,604 | $1,033/mo | 74% |
Cities, towns and CDPs in Anderson County
Lawrenceburg is the only Census place mainly inside Anderson County, with about 11,943 of the county's 24,353 residents. Live in one of these Anderson County communities, or between them? This is your local guide.
| Name | Kind | Pop. | Income | Rent | Miles |
|---|---|---|---|---|---|
| Lawrenceburg | city | 11,943 | $66,486 | $954 | 5 mi |
What a median Anderson County budget can carry
Lenders compare monthly debt payments with gross monthly income, the debt-to-income ratio. For a Anderson County household at the medians it works out like this; treat it as an illustration only.
- Median income divided by twelve: $6,207 before taxes
- 15% goes to median rent ($927)
- 36% debt-to-income limit: $1,308 left for all other debt payments
If your rent is above $927, the room shrinks dollar for dollar.
Anderson County residents: age, schooling, coverage
Degree holders: 26% of adults over 25. The uninsured rate is 4.5%, against 6.0% for Kentucky.
| Anderson County | vs Kentucky | vs U.S. county median | |
|---|---|---|---|
| Poverty rate | 11.5% | -4.6 pts | -1.7 pts |
| No vehicle | 3.8% | -3.0 pts | -1.6 pts |
| Unemployment (ACS) | 2.2% | -2.6 pts | -2.2 pts |
| Median age | 41.7 | +2.6 yrs | +0.2 yrs |
| No high school diploma | 9.5% | -1.6 pts | n/a |
| No health insurance | 4.5% | -1.5 pts | -3.4 pts |
| Bachelor's or higher | 26.2% | -1.3 pts | +4.0 pts |
| Work from home | 9.5% | -0.7 pts | +0.8 pts |
| Trip time | Share |
|---|---|
| Under 15 min | 17.4% |
| 15 to 29 min | 32.6% |
| 30 to 44 min | 27.6% |
| 45 to 59 min | 15.9% |
| 60+ min | 6.4% |
Local borrowing considerations for Anderson County
Where the Anderson County numbers stand out, and why it matters for a loan:
- Long drives. With 22% of commutes over 45 minutes, tires and repairs are fixed costs in many Anderson County budgets.
- 46% rent-burdened. A payment on top of high rent needs a cushion; size it with the calculator.
- Paperwork. ID, proof of income and a bank account are the basics (requirements).
A Anderson County borrower's checklist
Quick steps for Anderson County:
- Price the Anderson County expense first and borrow that amount, no more.
- Ask each lender for the APR and all fees in writing.
- Confirm the lender is licensed in Kentucky.
- Ask a Anderson County credit union about member loans.
Checking a lender's license in Kentucky
The Kentucky Department of Financial Institutions is the place to verify any lender's Kentucky license. If a Anderson County lender ignores a dispute, the CFPB complaint portal is the federal backstop. See the Kentucky state guide for the statewide picture.
More guides for Anderson County
No city in Anderson County has its own guide yet; the state page is next up.
Frequently asked questions
Is $74,488 a good income in Anderson County?
It is the county median, so half of Anderson County households earn more and half less; 35% earn $100,000 or more.
How much is rent in Anderson County?
Median gross rent, utilities included, is $927 a month; 46% of renters spend 30% or more of income on it.
I live near Lawrenceburg. Which guide is mine?
This one. Lawrenceburg and the rest of Anderson County have no separate city guide.
Will a Anderson County address affect my match?
Beyond confirming Kentucky as your state, no. Your answers about amount, credit, income and payments are all that count.
Who do I complain to about a lender in Anderson County?
Start with the Kentucky Department of Financial Institutions, then the CFPB complaint portal. Keep copies of every message.