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Rental Insights for ZIP Code 42352 (Livermore, KY)

Housing Rentals in ZIP Code 42352 (Livermore, KY)

42352 ZIP Code in Kentucky

Learn About Housing Rentals in the ZIP Code 42352

ZIP Code 42352 is primarily located in Livermore, KY in McLean County. This Kentucky region has a median housing rent payment of $407 per month. Approximately 27.5% of housing units in the region are renter-occupied, and this this McLean County ZIP Code has an estimated rental vacancy rate of 15.0%.

The median rent in ZIP Code 42352 of $407 per month is 47% lower than the aggregate Kentucky median monthly rent of $763, and is 62% lower than the $1,062 the median monthly rent in the U.S. overall. About 73.6% of renters in ZIP Code 42352 pay less than $500 per month for housing. That is 328% higher than in Kentucky overall, in which 17.2% of total state residents pay less than $500 per month for housing. Only 1.0% of ZIP Code 42352 renters pay between $1,000 and $1,499 for monthly rent.

ZIP Code 42352 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 42352

See the chart below for a comparison of monthly rental costs in ZIP Code 42352, Kentucky, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 42352 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 42352

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

Cost ZIP 42352 Kentucky U.S.
Less than $500 73.6% 17.2% 9.4%
$500 to $999 25.4% 58.9% 36.2%
$1,000 to $1,499 1.0% 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 42352

Renters in ZIP Code 42352 use an estimated 25.83% of their income to cover their monthly rent payments. That is about 9% 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 42352 renters use about 13% less of their income to cover rent expense. Household income figures for ZIP Code 42352 come in lower than in Kentucky as a whole. The median annual household income in ZIP Code 42352 of $47,059 sits approximately 7% lower than the overall Kentucky median income of $50,589 and approximately 25% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 42352

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 42352, 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 42352 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 42352

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

Rent Cost as % of Income ZIP 42352 Kentucky U.S.
Less than 15.0 percent 18.2% 17.2% 13.1%
15.0 to 19.9 percent 16.6% 13.8% 12.9%
20.0 to 24.9 percent 2.8% 12.9% 12.9%
25.0 to 29.9 percent 40.3% 11.5% 11.6%
30.0 to 34.9 percent 0.0% 8.6% 9.1%
35.0 percent or more 22.1% 36.0% 40.5%

Household Income in ZIP Code 42352

See the table below for the regional comparison of annual household income in ZIP Code 42352.

Income ZIP 42352 Kentucky U.S.
Less than $10,000 12.2% 8.3% 6.0%
$10,000 to $14,999 7.8% 5.8% 4.3%
$15,000 to $24,999 13.8% 11.1% 8.9%
$25,000 to $34,999 5.4% 10.5% 8.9%
$35,000 to $49,999 13.0% 13.8% 12.3%
$50,000 to $74,999 25.7% 17.7% 17.2%
$75,000 to $99,999 9.8% 12.1% 12.7%
$100,000 to $149,999 5.4% 12.5% 15.1%
$150,000 to $199,999 6.0% 4.3% 6.8%
$200,000 or more 0.9% 3.9% 7.7%

Household Income in ZIP Code 42352

See the chart below for a comparison of annual household income figures in ZIP Code 42352, Kentucky, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 42352 alongside the same figures for the state of Kentucky and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 42352

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 42352.

ZIP 42352 Kentucky U.S.
Median Housing Rent $407 $763 $1,062
Renter-Occupied Housing Units 27.5% 32.8% 36.0%
Rental Vacancy Rate 15.0% 5.9% 6.0%
Average Size of Renter-Occupied Unit 2.27 2.36 2.49
Average # of Bedrooms Per Unit 2.68 2.78 2.75
Percent of Income Spent on Rent 25.83% 28.3% 29.83%
Per Capita Income $23,575 $28,178 $34,103
Median Household Income $53,547 $70,144 $88,607
Living Below the Poverty Line 15.8% 13.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 42352

In ZIP Code 42352 (Livermore, KY), and estimated 27.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 15.0%.

The per capita income in 42352 is estimated at $23,575, which goes along with an estimated median household income of $53,547. About 15.8% of residents in this McLean County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.27 occupants, while the units have an aggregate average size of 2.68 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 25.83% of their income on housing rental costs.

Rental FAQs for ZIP Code 42352

1

What is the median monthly rent in ZIP Code 42352?

Median rent for housing in ZIP Code 42352 in McLean County in Kentucky is approximately $407 per month.
2

Is it expensive to rent in ZIP Code 42352?

Rent in ZIP Code 42352 is lower than average in the state of Kentucky overall. The median monthly rent of $407 in ZIP Code 42352 is approximately 47% lower than the Kentucky median of $763. Additionally, median rent in this Livermore, KY region ($407) is about 62% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 42352?

High-priced rentals are not common in the Livermore, KY ZIP Code of 42352, 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 42352?

Affordable rentals are more common in ZIP Code 42352 than in Kentucky overall. The percentage of housing rentals in ZIP Code 42352 costing $999 or less per month (99%) is approximately 30% 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 117% lower than the previously mentioned 42352 rate of 99%.
5

What is the most common cost range that rentals fall into in ZIP Code 42352?

The most common range for rental cost in ZIP Code 42352 is less than $500 per month. About 73.6% of renters in 42352 pay in this range for monthly rent. In comparison, approximately 17.2% of renters in the state of Kentucky fall in the less than $500 range, and 9.4% of overall U.S. renters fall in this range.
6

Does ZIP Code 42352 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 42352 is higher than the rental vacancy rate in the state of Kentucky overall. Rental vacancy of 15.0% in ZIP Code 42352 is about 154% higher than the Kentucky rate of 5.9%. Looking more broadly, rental vacancy in this Livermore, KY region (15.0%) is an estimated 150% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 42352? How does it compare to other Kentucky regions?

Median household income in ZIP Code 42352 is lower than in the state of Kentucky overall. Annual household income of $47,059 in ZIP Code 42352 is about 7% lower than the Kentucky median of $50,589. Additionally, median household income in this Livermore, KY region ($47,059) is approximately 25% 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 42352 spend on housing costs?

Renters in ZIP Code 42352 spend a lower amount of their income on rent costs than do renters in Kentucky overall. Renters in ZIP Code 42352 spend an estimated 25.83% of their income on rent payments, which is about 9% lower 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 13% higher than the ZIP Code 42352 estimated rate of 25.83%.
9

Do renters in ZIP Code 42352 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 42352 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 42352 spending 30 percent or more of their income on rent costs (22.1%) is approximately 50% 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 55% higher than the aforementioned 42352 rate of 22.1%.
10

What is the average household size of renter-occupied units in ZIP Code 42352?

The average household size of renter-occupied units in ZIP Code 42352 is lower than in the state of Kentucky overall. Annual household size of 2.27 in ZIP Code 42352 is about 4% lower than the Kentucky median of 2.36. Additionally, median household size in this Livermore, KY region (2.27) is approximately 9% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Kentucky ZIP Codes