Housing Insights for ZIP Code 40313 (Clearfield, KY)

Housing Summary for ZIP Code 40313

Homeowners

The median home value in ZIP Code 40313 (Clearfield, KY) is $83,300. Approximately 50.9% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 40313 is 3.22 occupants, while owner-occupied units have an aggregate average size of 2.53 bedrooms per housing unit.

Renters

In the 40313 ZIP Code, an estimated 49.1% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 26.6%.

Among renter-occupied units in this ZIP, the average occupancy is 2.90 occupants, while renters in this Rowan County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 40313

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 40313.

ZIP 40313 Kentucky U.S.
Median Home Value $83,300 $223,560 $356,002
Owner-Occupied Housing Units 50.9% 67.2% 64.0%
Homeowner Vacancy Rate 0.0% 1.6% 1.6%
Average Size of Owner-Occupied Unit 3.22 2.55 2.70
Average # of Bedrooms Per Unit 2.53 2.78 2.75
Median Housing Rent $0 $763 $1,062
Renter-Occupied Housing Units 49.1% 32.8% 36.0%
Rental Vacancy Rate 26.6% 5.9% 6.0%
Average Size of Renter-Occupied Unit 2.90 2.36 2.49
Percent of Income Spent on Rent 0% 28.3% 29.83%

Home Values in ZIP Code 40313 (Clearfield, KY)

The median home value in ZIP Code 40313 is $83,300. That median value is about 41% lower than the median home value of $141,000 in Kentucky overall, and is 62% lower than the $217,500 the median home value in the entire U.S. An estimated 39.5% of homes in ZIP Code 40313 are valued $50,000 to $99,999. That is 95% higher than in the stat of Kentucky, in which 20.3% of homes are valued at $50,000 to $99,999, and is about 229% higher than in the U.S. overall (12.0% of homes valued at $50,000 to $99,999). The home value range that the smallest portion of ZIP Code 40313 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 40313

This chart visualizes the breakdown of home values in ZIP Code 40313, Kentucky, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 40313 vs. home values in both the state of Kentucky and in the U.S. overall.

Home Values in ZIP Code 40313

See the table below for a regional comparison of home values in ZIP Code 40313.

Home Value ZIP 40313 Kentucky U.S.
Less than $50,000 27.9% 12.4% 6.9%
$50,000 to $99,999 39.5% 20.3% 12.0%
$100,000 to $149,999 4.3% 20.9% 13.3%
$150,000 to $199,999 15.8% 17.2% 14.0%
$200,000 to $299,999 5.1% 16.1% 19.6%
$300,000 to $499,999 7.4% 9.4% 19.3%
$500,000 to $999,999 0.0% 3.0% 11.4%
$1,000,000 or more 0.0% 0.7% 3.4%

Home Ages in ZIP Code 40313 (Clearfield, KY)

Approximately 30.5% of homes in this Clearfield, KY region were built in 1980 to 1989. This amount of homes built in 1980 to 1989 in ZIP Code 40313 is about 142% higher than percentage of homes built in this time period in Kentucky overall (12.6% of homes), and is 128% higher the percentage (13.4% of homes) in the U.S. as a whole. Additionally, an esimated 21.6% of local homes were built in 1990 to 1999. On the other end of the scale, just 0.0% of homes in this Rowan County ZIP Code were built in 2014 or later in ZIP Code 40313. In comparison, 2.2% of homes in Kentucky overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 40313

A detailed regional comparison of home ages in ZIP Code 40313.

Year Built ZIP 40313 Kentucky U.S.
2014 or later 0.0% 2.2% 2.5%
2010 to 2013 5.4% 2.9% 2.7%
2000 to 2009 15.7% 14.7% 14.0%
1990 to 1999 21.6% 17.0% 13.9%
1980 to 1989 30.5% 12.6% 13.4%
1970 to 1979 10.1% 16.4% 15.2%
1960 to 1969 7.2% 10.8% 10.6%
1950 to 1959 7.6% 9.1% 10.3%
1940 to 1949 1.3% 4.4% 4.9%
1939 or earlier 0.5% 9.8% 12.6%

Age of Homes in ZIP Code 40313

See the chart below for details on the age of homes in ZIP Code 40313, Kentucky, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 40313

Frequently asked questions about housing in this Clearfield, KY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 40313.

1

What is the average home value ZIP Code 40313?

The median home value in ZIP Code 40313 (Clearfield, KY) is $83,300.
2

Are homes expensive in ZIP Code 40313?

The median home value in 40313 ($83,300) is an estimated 41% lower than the aggregate median value of $141,000 in Kentucky, and is 62% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 40313?

The vacacy rate for owner-occupied housing in ZIP Code 40313 is 0.0%. This rate is 100% lower than the overall Kentucky owner-occupied vacancy rate of 1.6%. Additionally, the 40313 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 40313 have older homes or newer construction?

In ZIP Code 40313, about 30.5% of homes were built in 1980 to 1989. That time range includes the most home construction. Also, 21.6% of homes in the region were built in 1990 to 1999. In contrast, 0.0% of homes in 40313 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 40313? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 40313 than renter-occupied housing. Owner-occupied units make up 50.9% of housing, compared to 49.1% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 40313?

The vacacy rate for rental units in ZIP Code 40313 is 26.6%. This rate is 351% higher than the overall Kentucky vacancy rate of 5.9%. Additionally, the 40313 vacancy rate is 343% higher than the entire U.S. vacancy rate of 6.0%.