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Rental Insights for ZIP Code 40143 (Hardinsburg, KY)

Housing Rentals in ZIP Code 40143 (Hardinsburg, KY)

40143 ZIP Code in Kentucky

Learn About Housing Rentals in the ZIP Code 40143

ZIP Code 40143 is primarily located in Hardinsburg, KY in Breckinridge County. The median housing rent in this Kentucky region is estimated at $615 per month. Approximately 24.1% of housing units in this Breckinridge County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of 4.4%.

The median rent in ZIP Code 40143 of $615 per month is 19% lower than the aggregate Kentucky median monthly rent of $763, and is 42% lower than the $1,062 the median monthly rent in the U.S. overall. About 82.4% of residents in ZIP Code 40143 pay between $500 and $999 per month for rent. That is 40% higher than in Kentucky overall, in which 58.9% of total state residents pay between $500 and $999 per month for housing. Just 3.8% of renters in ZIP Code 40143 pay between $1,000 and $1,499 for monthly rent.

ZIP Code 40143 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 40143

See the chart below for a comparison of monthly rental costs in ZIP Code 40143, Kentucky, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 40143 along with those in the state of Kentucky and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 40143

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 40143 Kentucky U.S.
Less than $500 13.8% 17.2% 9.4%
$500 to $999 82.4% 58.9% 36.2%
$1,000 to $1,499 3.8% 19.5% 30.0%
$1,500 to $1,999 0.0% 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 0.0% 0.3% 2.4%

Rent Cost vs. Income in ZIP Code 40143

Renters in ZIP Code 40143 use an estimated 28.42% of their income to cover their monthly rent payments. That is about 0% higher 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 40143 renters use about 5% less of their income to cover rent expense. Household income figures for ZIP Code 40143 come in lower than in Kentucky as a whole. The median annual household income in ZIP Code 40143 of $48,227 sits approximately 5% lower than the overall Kentucky median income of $50,589 and approximately 23% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 40143

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 40143, Kentucky, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 40143 along with the same calculations in the state of Kentucky and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 40143

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 40143 Kentucky U.S.
Less than 15.0 percent 19.3% 17.2% 13.1%
15.0 to 19.9 percent 8.3% 13.8% 12.9%
20.0 to 24.9 percent 20.2% 12.9% 12.9%
25.0 to 29.9 percent 9.6% 11.5% 11.6%
30.0 to 34.9 percent 2.5% 8.6% 9.1%
35.0 percent or more 40.1% 36.0% 40.5%

Household Income in ZIP Code 40143

See the table below for the regional comparison of annual household income in ZIP Code 40143.

Income ZIP 40143 Kentucky U.S.
Less than $10,000 4.9% 8.3% 6.0%
$10,000 to $14,999 7.0% 5.8% 4.3%
$15,000 to $24,999 10.3% 11.1% 8.9%
$25,000 to $34,999 14.1% 10.5% 8.9%
$35,000 to $49,999 15.3% 13.8% 12.3%
$50,000 to $74,999 14.9% 17.7% 17.2%
$75,000 to $99,999 17.4% 12.1% 12.7%
$100,000 to $149,999 11.0% 12.5% 15.1%
$150,000 to $199,999 3.1% 4.3% 6.8%
$200,000 or more 1.9% 3.9% 7.7%

Household Income in ZIP Code 40143

See the chart below for a comparison of annual household income figures in ZIP Code 40143, Kentucky, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 40143 alongside the same figures for the state of Kentucky and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 40143

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 40143.

ZIP 40143 Kentucky U.S.
Median Housing Rent $615 $763 $1,062
Renter-Occupied Housing Units 24.1% 32.8% 36.0%
Rental Vacancy Rate 4.4% 5.9% 6.0%
Average Size of Renter-Occupied Unit 2.32 2.36 2.49
Average # of Bedrooms Per Unit 2.77 2.78 2.75
Percent of Income Spent on Rent 28.42% 28.3% 29.83%
Per Capita Income $24,492 $28,178 $34,103
Median Household Income $61,632 $70,144 $88,607
Living Below the Poverty Line 9.8% 13.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 40143

In ZIP Code 40143 (Hardinsburg, KY), and estimated 24.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 4.4%.

The per capita income in 40143 is estimated at $24,492, which goes along with an estimated median household income of $61,632. About 9.8% of residents in this Breckinridge County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.32 occupants, while the units have an aggregate average size of 2.77 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.42% of their income on housing rental costs.

Rental FAQs for ZIP Code 40143

1

What is the median monthly rent in ZIP Code 40143?

Median rent for housing in ZIP Code 40143 in Breckinridge County in Kentucky is approximately $615 per month.
2

Is it expensive to rent in ZIP Code 40143?

Rent in ZIP Code 40143 is lower than average in the state of Kentucky overall. The median monthly rent of $615 in ZIP Code 40143 is approximately 19% lower than the Kentucky median of $763. Additionally, median rent in this Hardinsburg, KY region ($615) is about 42% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 40143?

High-priced rentals are not common in the Hardinsburg, KY ZIP Code of 40143, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Kentucky overall, approximately 0.3% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 40143?

Affordable rentals are more common in ZIP Code 40143 than in Kentucky overall. The percentage of housing rentals in ZIP Code 40143 costing $999 or less per month (96.2%) is approximately 26% higher than the Kentucky rate of 76.1% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 111% lower than the previously mentioned 40143 rate of 96.2%.
5

What is the most common cost range that rentals fall into in ZIP Code 40143?

The most common range for rental cost in ZIP Code 40143 is between $500 and $999 per month. About 82.4% of renters in 40143 pay in this range for monthly rent. In comparison, approximately 58.9% of renters in the state of Kentucky fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 40143 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 40143 is lower than the rental vacancy rate in the state of Kentucky overall. Rental vacancy of 4.4% in ZIP Code 40143 is about 25% lower than the Kentucky rate of 5.9%. Looking more broadly, rental vacancy in this Hardinsburg, KY region (4.4%) is an estimated 27% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 40143? How does it compare to other Kentucky regions?

Median household income in ZIP Code 40143 is lower than in the state of Kentucky overall. Annual household income of $48,227 in ZIP Code 40143 is about 5% lower than the Kentucky median of $50,589. Additionally, median household income in this Hardinsburg, KY region ($48,227) is approximately 23% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 40143 spend on housing costs?

Renters in ZIP Code 40143 spend a higher amount of their income on rent costs than do renters in Kentucky overall. Renters in ZIP Code 40143 spend an estimated 28.42% of their income on rent payments, which is about 0% higher than the overall Kentucky estimated rate of 28.3%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 5% higher than the ZIP Code 40143 estimated rate of 28.42%.
9

Do renters in ZIP Code 40143 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 40143 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 40143 spending 30 percent or more of their income on rent costs (42.6%) is approximately 4% lower than the Kentucky rate of 44.6% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 14% higher than the aforementioned 40143 rate of 42.6%.
10

What is the average household size of renter-occupied units in ZIP Code 40143?

The average household size of renter-occupied units in ZIP Code 40143 is lower than in the state of Kentucky overall. Annual household size of 2.32 in ZIP Code 40143 is about 2% lower than the Kentucky median of 2.36. Additionally, median household size in this Hardinsburg, KY region (2.32) is approximately 7% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Kentucky ZIP Codes