Magoffin County, KY — Income & Poverty
Household income, per capita income, poverty rates, and income distribution
Income Overview
Source: Census Bureau ACS (2023)Median Household Income
$33,632
Per Capita Income
$20,024
Poverty Rate
33.4%
SNAP Recipients
32.5%
Gini Index
0.491
Income Distribution
Source: Census Bureau ACS (2023)Income Brackets
Source: Census Bureau ACS (2023)Under $25K40.0%
$25K–$50K25.2%
$50K–$75K16.0%
$75K–$100K9.8%
$100K–$150K4.7%
$150K–$200K2.0%
$200K+2.3%
The median household income in Magoffin County, KY is $33,632 according to 2023 Census Bureau estimates, with a per capita income of $20,024. 33.4% of the county's population lives below the poverty line. 32.5% of households receive SNAP (food stamp) benefits. The Gini index of 0.491 measures income inequality (0 = perfect equality, 1 = maximum inequality).