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The total population of Magoffin County is estimated to be 11,647 with 5,888 males (50.55%) and 5,759 females (49.45%). There are 129 less females than males in Magoffin County.
The median household income in Magoffin County was $32,011 in 2021, which marked an an increase of 502(1.59%) from $31,509 in 2020. This income is 42.91% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Magoffin County sees its highest median household income among householders in the age group of 25 to 44 years old, at $44,457. Overall, the median household income for the county of Magoffin County stands at $32,011.
In Magoffin County, the median income for all workers aged 15 years and older, regardless of work hours, was $21,496 for males and $14,858 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,393 for males and $41,876 for females.
In Magoffin County, population is primarily represented by White households, reporting a median income of $32,076.
In 2022, the population of Magoffin County was 11,357, a 1.04% decrease year-by-year from 2021. Previously, in 2021, Magoffin County's population was 11,476, a decline of 1.10% compared to a population of 11,604 in 2020.
The median age in Magoffin County, KY is 42.1, as per 2021 ACS 5-Year Estimates. Of the total population, 18.94% were under the age of 15, 16.95% aged 15 to 29, 46.56% aged 30 to 64, 15.47% aged 65 to 84, and 2.08% were 85 years of age and older.
Racial distribution of Magoffin County population: 97.91% are White, 0.03% are Black or African American, 0.25% are American Indian and Alaska Native, 0.44% are Asian, 0.19% are some other race and 1.18% are multiracial.