#517 Kentucky · 2026

Nicholas County, Kentucky

Most distressed fifth 517th of 3,144 counties nationally · 7,686 residents How this is calculated →
The headline number
36% Nicholas residents
vs.
23% U.S. median

Above the national median of residents with debt in collections — and 19.0× the rate of the healthiest U.S. county (Logan County, ND — 2%).

Urban Institute (2024)

Main Findings

Wire lede · 36 words · paste-ready

Nicholas County, Kentucky ranks 517th most distressed in the United States on the County Distress Index. The driver: 36% of residents with a credit file carry debt in collections — above the national median of 23%.

Key Findings
  • 517th of 3,144 counties on the County Distress Index — Most distressed fifth, 41st in Kentucky.
  • 36% of residents with a credit file carry debt in collections (U.S. median 23%). Debt in collections at the 89th percentile nationally.
  • Transfer-income dependency at 38% — national median 27%, ranked at the 91st percentile.
  • Unemployment at 4% — national median 4%, ranked at the 68th percentile.
  • Credit card delinquency at 9% — national median 5%, ranked at the 90th percentile.
County Distress Index cluster map. Nicholas County, Kentucky and its neighbors colored by distress fifth.
Nicholas and its 5 geographic neighbors, graded by County Distress Index score. Nicholas County ranks 517th of 3,144. American Default Research
Wire quote — paste-ready, any angle 22 words

"Nicholas County ranks in the most distressed fifth of U.S. counties. The five-domain profile shows where local household pressure is most concentrated."

— Ross Kilburn, Founder, American Default Research
Analyst quote — for feature use 29 words

"The CDI places this county in the most distressed fifth nationally. The rank is the important geography signal: it compares the county with every other county-equivalent in the release."

— Ross Kilburn, Founder, American Default Research

Reporter's Notes

Two data points in the indicator table worth a follow-up call.

Data anomaly
Auto loan delinquency sits well below the rest of the delinquency domain — the one indicator that doesn't fit

Nicholas County's auto loan delinquency indicator is at the 5th percentile — while every other indicator in the delinquency domain sits at or above the 82nd percentile. The gap stands out against credit card delinquency. Worth a call to Urban Institute or a local credit counselor in Carlisle.

The Indicators Behind Nicholas County's CDI Score

Every number traces to a public source. Nicholas County's value shown alongside KY's median and the U.S. median. Full CSV available for download.

How to read the table. A domain score is a 0–100 composite of the indicators in that domain, where 50 = U.S. county median and higher = more distressed. Percentile is Nicholas County's national rank among all 3,144 U.S. counties for that indicator, always oriented so higher = more distressed.
Indicator Nicholas KY median U.S. median Pctile Source
Delinquency — domain score 59 · Rank 1,243 of 3,144
Auto loan delinquency Share of auto loan accounts 60+ days past due 1% 6% 5% 5th Urban Institute (2024)
Credit card delinquency Share of credit card accounts 60+ days past due 9% 6% 5% 90th Urban Institute (2024)
Subprime credit share Share of residents with a credit score below 660 33% 28% 23% 82nd Urban Institute (2024)
Default & Legal — domain score 88 · Rank 204 of 3,144
Debt in collections Share of residents with a credit file who have debt in collections 36% 29% 23% 89th Urban Institute (2024)
Bankruptcy filing rate Personal bankruptcy filings per 100,000 residents 260 243 126 87th US Courts F-5A (2025)
Debt Burden (housing basis) — domain score 57 · Rank 1,226 of 3,144
Rent-to-income ratio Fair Market Rent (2BR) as share of median household income 20% 20% 21% 35th HUD FMR × Census ACS (2024)
Severe rent burden (50%+) Share of renter households paying 50%+ of income on rent 23% 18% 18% 79th Census ACS 5-yr (2023)
Labor — domain score 68 · Rank 977 of 3,144
Unemployment Share of labor force unemployed 4% 4% 4% 68th BLS LAUS (Dec 2025)
Safety Net & Buffer — domain score 73 · Rank 667 of 3,144
Child poverty rate Share of children under 18 below the federal poverty line 25% 22% 18% 81st Census SAIPE (2023)
Disability rate Share of residents reporting a disability 22% 21% 16% 88th Census ACS 5-yr (2023)
Poverty rate Share of population below the federal poverty line 17% 17% 14% 74th Census SAIPE (2023)
Transfer-income dependency Share of personal income from government transfers 38% 34% 27% 91st BEA Regional Personal Income (2023)
Uninsured rate Share of residents without health insurance coverage 5% 6% 8% 20th Census ACS 5-yr (2023)
Data compiled April 2026 from Urban Institute Debt in America (Equifax 2024 panel), U.S. Census Bureau (ACS 5-yr 2023, SAIPE 2023, Business Formation Statistics 2024), Bureau of Labor Statistics (LAUS Dec 2025, QCEW 2024), U.S. Courts Administrative Office (F-5A bankruptcy filings 2025), and HUD Fair Market Rents (FY2024).

Five-Domain Breakdown

The CDI is an equal-weight composite of five family-v1 distress domains. Each domain contributes 20% of the county score.

Default & Legal Primary driver 88
Weight 20% · Rank 204 of 3,144
Safety Net & Buffer 73
Weight 20% · Rank 667 of 3,144
Labor 68
Weight 20% · Rank 977 of 3,144
Delinquency 59
Weight 20% · Rank 1,243 of 3,144
Debt Burden (housing basis) 57
Weight 20% · Rank 1,226 of 3,144

Methodology

The County Distress Index is a 0–100 composite score of household financial distress, computed for all 3,144 U.S. counties. Higher scores indicate greater distress. The index is built from five equal-weighted domains: Delinquency, Default & Legal, Debt Burden, Labor, and Safety Net & Buffer. Each domain is the mean of distress-oriented indicator percentiles; the CDI score is the equal-weight mean of those domain scores.

Data sources include the Urban Institute Debt in America (Equifax consumer credit panel), U.S. Census Bureau (American Community Survey 5-year, Small Area Income and Poverty Estimates, Business Formation Statistics), Bureau of Labor Statistics (Local Area Unemployment Statistics, Quarterly Census of Employment and Wages), U.S. Courts Administrative Office (F-5A bankruptcy filings), and HUD Fair Market Rents. Data vintages range from 2023 to 2025 depending on source; full indicator-level vintage detail is in the methodology document.

For Press & Research

Everything you need to cite Nicholas County data — in under 60 seconds.

Embed preview — paste into any CMS <iframe src="https://americandefault.org/embed/county/21181/" width="600" height="300" frameborder="0" scrolling="no" style="border:1px solid #e5e7eb;border-radius:8px;" title="Nicholas County, KY — County Distress Index"></iframe>
Press contact: Ross Kilburn · press@americandefault.org · (307) 264-2992 · same-day response, 9am–6pm ET
Draft wire copy 150-word AP-style article — use freely with attribution
DRAFT · 150 words · for immediate release · cleared for reuse with attribution to American Default Research

CARLISLE, Ky. — Nicholas County ranks 517th among the nation's most financially distressed counties, according to the County Distress Index released this month by American Default Research.

The composite score of 69 out of 100 places Nicholas in the most distressed fifth. Among 3,144 U.S. counties scored, 516 counties rank more distressed. Within Kentucky, Nicholas ranks 41st of 120 counties.

The index, which draws on 16 source indicators from the U.S. Census Bureau, Bureau of Labor Statistics, Urban Institute and federal court filings, identifies default & legal as the primary driver in Nicholas. 36% of residents with a credit file carry debt in collections — above the national median of 23%.

"Nicholas County ranks in the most distressed fifth of U.S. counties. The five-domain profile shows where local household pressure is most concentrated," said Ross Kilburn, founder of American Default Research.

Full methodology and county-by-county data are available at americandefault.org/methodology/cdi.

— 30 —

Frequently Asked Questions

What is Nicholas County's CDI score, and what does it mean?

Nicholas County scores 69 out of 100 on the County Distress Index, placing it in the most distressed fifth. It ranks 517th of 3,144 U.S. counties and 41st of 120 Kentucky counties. Higher county scores indicate more distress.

What drives Nicholas County's distress score?

The highest-scoring domain is Default & Legal, at a domain score of 88. Debt in collections ranks at the 89th percentile nationally.

How does Nicholas County compare to its neighbors?

Nicholas County's neighbors span two CDI distress fifths. Highest-distress neighbor: Bourbon County (68.82, Most distressed fifth). Lowest: Harrison County (61.20, Second-most distressed fifth).

How is the County Distress Index calculated?

The CDI is a 0–100 composite of 16 source indicators across five equal-weighted domains: Delinquency, Default & Legal, Debt Burden, Labor, and Safety Net & Buffer. Data comes from Urban Institute, Census Bureau, BLS, U.S. Courts, HUD, and related public sources. Full methodology →
Ross Kilburn
Written by

Ross Kilburn, Founder

Founder · American Default Research · Seattle, Washington

Two decades working directly with financially distressed American households — from property preservation in 2003, to negotiating over 1,000 short sales during the Great Recession, to foreclosure defense marketing today. Author, The Ark Law Group Complete Guide to Short Sales (Auroch Press, 2013). Founded American Default Research in 2026.

Read more
from Ross →