#443 Top 500 Most Distressed Counties · 2026

Nicholas County, Kentucky

71.1 · high county distress 443rd 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 Debt in America (2025)

Main Findings

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Nicholas County, Kentucky ranks 443rd 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%. Its highest-scoring domain is Default & Legal.

Key Findings
  • 443rd of 3,144 counties on the County Distress Index — 71.1 · high county distress, 40th 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. Source: Urban Institute Debt in America (2025).
  • Unemployment at 5% — national median 4%, ranked at the 84th percentile. Source: U.S. Bureau of Labor Statistics, LAUS (May 2026).
  • Disability rate at 22% — national median 16%, ranked at the 88th percentile. Source: U.S. Census Bureau, ACS 5-year (2023).
  • Credit card delinquency at 9% — national median 5%, ranked at the 90th percentile. Source: Urban Institute Debt in America (2025).
County Distress Index cluster map. Nicholas County, Kentucky and its neighbors colored by county distress score label.
Nicholas and its 5 geographic neighbors, graded by County Distress Index score. Nicholas County ranks 443rd of 3,144. American Default Research
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Nicholas County has a high county distress score. The score label gives the intensity; the rank gives the national position.

— American Default Research
Index note — for feature use 34 words

The CDI gives this county a high county distress label. The rank belongs beside the score because the two answer different questions: score intensity and national position. Its highest-scoring domain is Default & Legal.

— 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

According to Urban Institute Debt in America (2025), Nicholas County's auto loan delinquency indicator is at the 5th percentile. American Default Research's CDI places every other indicator in the Delinquency domain at or above the 82nd percentile. The gap stands out against credit card delinquency. Worth a call to the source agency or a local subject-matter contact in Carlisle.

Indicator History

Period-correct raw indicators from the county-history panel. The CDI composite is excluded because it is a current cross-sectional score.

Updated Jul 1, 2026
BLS 1990 to 2025

Unemployment rate

4.3% -1.4 pp since 1990
Census 1989 to 2024

Poverty rate

16.2% -2.1 pp since 1989
BEA 1969 to 2024

Transfer income share

38.5% +28.1 pp since 1969
FRED/Equifax 2014 Q2 to 2025 Q4

Subprime credit population

32.8% -7.4 pp since 2014 Q2

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; higher values represent a higher mean of distress-oriented indicator percentiles. A county's domain rank is computed separately against all counties. 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 Debt in America (2025)
Credit card delinquency Share of credit card accounts 60+ days past due 9% 6% 5% 90th Urban Institute Debt in America (2025)
Subprime credit share Share of residents with a credit score below 660 33% 28% 23% 82nd Federal Reserve Bank of St. Louis, Equifax (2025)
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 Debt in America (2025)
Bankruptcy filing rate Personal bankruptcy filings per 100,000 residents 260 243 126 87th Administrative Office of the U.S. Courts, F-5A (2025)
Debt Burden (housing basis) — domain score 57 · Rank 1,225 of 3,144
Rent-to-income ratio Fair Market Rent (2BR) as share of median household income 20% 20% 21% 35th HUD FMR (FY2026); U.S. Census Bureau, SAIPE (2023)
Severe rent burden (50%+) Share of renter households paying 50%+ of income on rent 23% 18% 18% 79th U.S. Census Bureau, ACS 5-year (2023)
Labor — domain score 84 · Rank 477 of 3,144
Unemployment Share of labor force unemployed 5% 5% 4% 84th U.S. Bureau of Labor Statistics, LAUS (May 2026)
Safety Net & Buffer — domain score 68 · Rank 853 of 3,144
Child poverty rate Share of children under 18 below the federal poverty line 25% 22% 18% 81st U.S. Census Bureau, SAIPE (2023)
Disability rate Share of residents reporting a disability 22% 21% 16% 88th U.S. Census Bureau, ACS 5-year (2023)
Poverty rate Share of population below the federal poverty line 17% 17% 14% 74th U.S. Census Bureau, SAIPE (2023)
Uninsured rate Share of residents without health insurance coverage 5% 6% 8% 20th U.S. Census Bureau, ACS 5-year (2023)
Data compiled May 2026 from Urban Institute Debt in America (2025 panel), U.S. Census Bureau (ACS 5-yr 2023, SAIPE 2023, Business Formation Statistics 2024), U.S. Bureau of Labor Statistics (LAUS May 2026, QCEW 2024), Administrative Office of the U.S. Courts (F-5A bankruptcy filings 2025), and HUD Fair Market Rents (FY2026).

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
Labor 84
Weight 20% · Rank 477 of 3,144
Safety Net & Buffer 68
Weight 20% · Rank 853 of 3,144
Delinquency 59
Weight 20% · Rank 1,243 of 3,144
Debt Burden (housing basis) 57
Weight 20% · Rank 1,225 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), FRED/Equifax (subprime credit share), U.S. Census Bureau (American Community Survey 5-year, Small Area Income and Poverty Estimates), Bureau of Labor Statistics (Local Area Unemployment Statistics), U.S. Courts Administrative Office (F-5A bankruptcy filings), and HUD Fair Market Rents. Data vintages range from 2022 to 2026 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.

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Press contact: Ross Kilburn · press@americandefault.org · (307) 264-2992 · same-day response, 9am–6pm ET
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CARLISLE, Ky. — Nicholas County ranks 443rd 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 71.1 out of 100 gives Nicholas a high county distress label. Among 3,144 U.S. counties scored, 442 counties rank more distressed. Within Kentucky, Nicholas ranks 40th of 120 counties.

The index, which draws on 13 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%.

American Default Research founder Ross Kilburn is available for interview at press@americandefault.org.

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 71.1 out of 100 on the County Distress Index, with the score label high county distress. It ranks 443rd of 3,144 U.S. counties and 40th 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 score labels. Highest-distress neighbor: Bourbon County (73.08, high county distress). Lowest: Harrison County (62.57, moderate-high county distress).

How is the County Distress Index calculated?

The CDI is a 0–100 composite of 13 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.

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