ZIP Code 40078 is primarily located in Willisburg, KY in Washington County. The median housing rent in this Kentucky region is estimated at $588 per month. About 18.9% of housing units in this Washington County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of zero.
The median rent in ZIP Code 40078 of $588 per month is 23% lower than the aggregate Kentucky median monthly rent of $763, and is 45% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 61.3% of residents in ZIP Code 40078 have a monthly rent payment between $500 and $999. That is 4% higher than in Kentucky overall, in which 58.9% of total state residents pay between $500 and $999 per month for housing. Just 2.4% of renters in this Willisburg, KY region pay $3,000 or more per month for rent.
See the chart below for a comparison of monthly rental costs in ZIP Code 40078, Kentucky, and also in the U.S. as a whole.
See the table below for the regional comparison of monthly rental costs.
| Cost | ZIP 40078 | Kentucky | U.S. |
|---|---|---|---|
| Less than $500 | 16.7% | 17.2% | 9.4% |
| $500 to $999 | 61.3% | 58.9% | 36.2% |
| $1,000 to $1,499 | 14.9% | 19.5% | 30.0% |
| $1,500 to $1,999 | 4.8% | 3.1% | 14.0% |
| $2,000 to $2,499 | 0.0% | 0.7% | 5.6% |
| $2,500 to $2,999 | 0.0% | 0.3% | 2.4% |
| $3,000 or more | 2.4% | 0.3% | 2.4% |
Renters in ZIP Code 40078 use an estimated 22.93% of their income to cover their monthly rent payments. That is about 19% lower than in Kentucky overall. The estimate for Kentucky overall is 28.3% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 40078 renters use about 23% less of their income to cover rent expense. Household income figures for ZIP Code 40078 come in higher than in Kentucky as a whole. The median annual household income in ZIP Code 40078 of $57,466 sits approximately 14% higher than the overall Kentucky median income of $50,589 and approximately 9% lower than median income of $62,843 in the U.S. as a whole.
See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 40078, Kentucky, and also in the U.S. as a whole.
See the table below for the regional comparison of monthly rent as a percentage of household income.
| Rent Cost as % of Income | ZIP 40078 | Kentucky | U.S. |
|---|---|---|---|
| Less than 15.0 percent | 41.1% | 17.2% | 13.1% |
| 15.0 to 19.9 percent | 19.0% | 13.8% | 12.9% |
| 20.0 to 24.9 percent | 7.1% | 12.9% | 12.9% |
| 25.0 to 29.9 percent | 0.0% | 11.5% | 11.6% |
| 30.0 to 34.9 percent | 0.0% | 8.6% | 9.1% |
| 35.0 percent or more | 32.7% | 36.0% | 40.5% |
See the table below for the regional comparison of annual household income in ZIP Code 40078.
| Income | ZIP 40078 | Kentucky | U.S. |
|---|---|---|---|
| Less than $10,000 | 5.4% | 8.3% | 6.0% |
| $10,000 to $14,999 | 6.3% | 5.8% | 4.3% |
| $15,000 to $24,999 | 8.8% | 11.1% | 8.9% |
| $25,000 to $34,999 | 15.0% | 10.5% | 8.9% |
| $35,000 to $49,999 | 7.6% | 13.8% | 12.3% |
| $50,000 to $74,999 | 24.1% | 17.7% | 17.2% |
| $75,000 to $99,999 | 12.5% | 12.1% | 12.7% |
| $100,000 to $149,999 | 9.5% | 12.5% | 15.1% |
| $150,000 to $199,999 | 6.5% | 4.3% | 6.8% |
| $200,000 or more | 4.4% | 3.9% | 7.7% |
See the chart below for a comparison of annual household income figures in ZIP Code 40078, Kentucky, and also in the U.S. overall.
See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 40078.
| ZIP 40078 | Kentucky | U.S. | |
|---|---|---|---|
| Median Housing Rent | $588 | $763 | $1,062 |
| Renter-Occupied Housing Units | 18.9% | 32.8% | 36.0% |
| Rental Vacancy Rate | 0.0% | 5.9% | 6.0% |
| Average Size of Renter-Occupied Unit | 3.17 | 2.36 | 2.49 |
| Average # of Bedrooms Per Unit | 2.84 | 2.78 | 2.75 |
| Percent of Income Spent on Rent | 22.93% | 28.3% | 29.83% |
| Per Capita Income | $28,382 | $28,178 | $34,103 |
| Median Household Income | $73,825 | $70,144 | $88,607 |
| Living Below the Poverty Line | 12.8% | 13.0% | 9.5% |
In ZIP Code 40078 (Willisburg, KY), and estimated 18.9% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.
The per capita income in 40078 is estimated at $28,382, which goes along with an estimated median household income of $73,825. About 12.8% of residents in this Washington County region live below the poverty line.
Among renter-occupied units in this ZIP, the average occupancy is 3.17 occupants, while the units have an aggregate average size of 2.84 bedrooms per unit.
Renters in this ZIP-defined region spend an average of 22.93% of their income on housing rental costs.
