Funeral services · County · Kentucky
Funeral homes in Madison County, KY
The funeral homes in Madison County, KY, the household spending behind them and how the market ranks against other counties.
Groundwork market score · out of 100
Score 61 out of 100: Upper middle
Ranked #457 of 1,472 scored counties
#5 of 37 scored counties in Kentucky
- Listings
- 6
- 0 chain locations (0%)
- Official establishments
- 5
- Businesses with payroll, 2023
- Household spending a year
- $4.3M
- On funerals · $117 a household
- Spending per listing
- $719K
- 6% above the U.S.
- Listings per 10k households
- 1.6
- 24% below the U.S.
- Population, 2025
- 101,696
- +9.4% since 2020
See the funeral homes around any address in Madison County
The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Madison County. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
As of September 2026, map listings count 6 funeral homes in Madison County. None of them are chain locations, against 10% across the U.S. Per 10,000 households, that is 1.6, 24% below the U.S. rate of 2.1.
At $117 per household (18% below the U.S. average), households in Madison County spend about $4.3M a year on funerals. Spread across 6 funeral homes, that is $719K per home, 6% above the U.S. figure of $679K.
In 2023, official counts showed 5 businesses with payroll in Madison County classed as funeral homes and funeral services. That is one for every 7,410 households, against one for every 8,510 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $1.8M has gone to businesses classed as funeral homes and funeral services in Madison County.
Population estimates show Madison County grew 9.4% from 2020 to 2025, faster than the U.S. (+3.1%). For funeral homes, Madison County has a Groundwork market score of 61 (upper middle): #457 of 1,472 scored counties and #5 of 37 scored counties in Kentucky.
How Madison County compares
The same measures for Kentucky and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.
| Measure | Madison County | Kentucky | U.S. |
|---|---|---|---|
| Listings per 10k households | 1.6 | 3.2 | 2.1 |
| Spending per listing | $719K | $415K | $679K |
| Households per official establishment | 7,410 | 4,931 | 8,510 |
| Official establishment growth, 2019–2023 | n/a | −2.6% | −1.7% |
| Population growth, 2020–2025 | +9.4% | +2.2% | +3.1% |
| Spending per household on funerals | $117 | $134 | $143 |
| Median household income | $63,351 | $63,726 | $80,734 |
| Groundwork market score | 61 | 17 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 5 → 5
- Employees, 2023
- 38
- Annual payroll, 2023
- $1.3M
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 60 chain locations
- Listings at the U.S. rate for this spending
- 6The U.S. ratio of listings to household spending, applied here
SBA-backed loans since fiscal 2022
- Loans
- 1
- Amount
- $1.8M
SBA-backed loans to businesses classed as funeral homes and funeral services in Madison County, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.
Population and households in Madison County
- Population, 2025 estimate
- 101,696+9.4% since 2020
- Households
- 37,051
- Median age
- 36.4
- Homes lived in by their owners
- 62%
- Vehicles per household
- 1.9
- Land area
- 438 sq. mi.
- People per square mile
- 219
- Median household income
- $63,351+26.6% vs. 2015–2019, before inflation
- Average household income
- $83,157
- Median home value
- $232,000
- Jobs located here
- 35,314
- Daytime population
- 89,450Residents who don’t work, plus everyone whose job is here
Looking at a specific site in Madison County?
These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.
Or open the report at the center of Madison County. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardFuneral homes across Kentucky
Every Kentucky market ranked →The highest-scoring counties in Kentucky for funeral homes, numbered among those based in Kentucky, with Madison County marked.
Top counties in Kentucky
| Market | Score | Listings | Per 10k households | Spending per listing | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Daviess County, KY | 66 | 6 | 1.4 | $976K | +1.5% | #320 of 1,472 |
| 2Pulaski County, KY | 64 | 6 | 2.3 | $692K | +3.5% | #382 of 1,472 |
| 3Warren County, KY | 63 | 8 | 1.4 | $772K | +10.6% | #400 of 1,472 |
| 4Bullitt County, KY | 63 | 8 | 2.5 | $578K | +5.0% | #421 of 1,472 |
| 5Madison County, KY | 61 | 6 | 1.6 | $719K | +9.4% | #457 of 1,472 |
| 6Fayette County, KY | 59 | 23 | 1.6 | $662K | +2.2% | #503 of 1,472 |
| 7Boone County, KY | 57 | 10 | 2.0 | $632K | +6.5% | #535 of 1,472 |
| 8Jefferson County, KY | 54 | 64 | 1.9 | $660K | +1.6% | #597 of 1,472 |
| 9Laurel County, KY | 50 | 6 | 2.5 | $556K | +1.6% | #695 of 1,472 |
| 10Campbell County, KY | 48 | 9 | 2.3 | $557K | +2.5% | #749 of 1,472 |
Other business types in Madison County
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
Funeral services
- Funeral homes61
Questions
How many funeral homes are in Madison County, KY?
Madison County has 6 funeral homes on map listings as of September 2026. None of them are chain locations. The listings count funeral homes, mortuaries and cremation services. Official counts show 5 businesses with payroll classed as funeral homes and funeral services in 2023.
How much do households in Madison County, KY spend on funerals?
About $4.3M a year, or $117 per household. That is 18% below the U.S. average (an index of 82, where 100 is the U.S. average). Spread across the 6 funeral homes on map listings, it comes to $719K per home. It is estimated from the incomes of the 37,051 households in Madison County and national spending patterns by income.
How does Madison County, KY compare with the U.S. for funeral homes?
Madison County has 1.6 funeral homes per 10,000 households, 24% below the U.S. rate of 2.1. Spending per home is $719K, 6% above the U.S. figure of $679K. The count on map listings matches the U.S. ratio of funeral homes to household spending. There is one business with payroll in the industry for every 7,410 households, against one for every 8,510 across the U.S.
How fast is Madison County, KY growing?
Population estimates put Madison County at 101,696 people in 2025, up 9.4% since 2020, faster than the U.S. (+3.1%). It has 37,051 households. Median household income in Madison County is $63,351, 22% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 26.6%, before inflation.
What is the Groundwork market score?
The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Madison County scores 61 for funeral homes (upper middle), #457 of 1,472 scored counties.
How can I see the market around a specific site?
Run a Groundwork site report on an address in Madison County. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.
How the score works · Top markets for funeral homes · All 56 business types in Madison County
Screening a site or an acquisition in Madison County?
A site report maps the competitors on map listings near an address and sizes the households and spending around it.
The button opens the report at the center of Madison County. Signed out, you see a blurred preview; on an account, each report is one action.
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are estimates for research only. Not investment or real estate advice.