Housing Insights for ZIP Code 40409 (Brodhead, KY)

Housing Summary for ZIP Code 40409

Homeowners

The median home value in ZIP Code 40409 (Brodhead, KY) is $86,300. Approximately 67.2% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.3%.

The average occupancy of owner-occupied units in ZIP Code 40409 is 2.95 occupants, while owner-occupied units have an aggregate average size of 2.84 bedrooms per housing unit.

Renters

In the 40409 ZIP Code, an estimated 32.8% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 8.6%.

Among renter-occupied units in this ZIP, the average occupancy is 2.86 occupants, while renters in this Rockcastle County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 40409

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 40409.

ZIP 40409 Kentucky U.S.
Median Home Value $86,300 $223,560 $356,002
Owner-Occupied Housing Units 67.2% 67.2% 64.0%
Homeowner Vacancy Rate 0.3% 1.6% 1.6%
Average Size of Owner-Occupied Unit 2.95 2.55 2.70
Average # of Bedrooms Per Unit 2.84 2.78 2.75
Median Housing Rent $0 $763 $1,062
Renter-Occupied Housing Units 32.8% 32.8% 36.0%
Rental Vacancy Rate 8.6% 5.9% 6.0%
Average Size of Renter-Occupied Unit 2.86 2.36 2.49
Percent of Income Spent on Rent 0% 28.3% 29.83%

Home Values in ZIP Code 40409 (Brodhead, KY)

The median home value in ZIP Code 40409 is $86,300. That median value is about 39% lower than the median home value of $141,000 in Kentucky overall, and is 60% lower than the $217,500 the median home value in the entire U.S. About 46.7% of homes in ZIP Code 40409 are valued $50,000 to $99,999. That is 130% higher than in Kentucky, in which 20.3% of homes are valued at $50,000 to $99,999, and is about 289% 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 40409 homes fall into is $500,000 to $999,999 (0.0% of homes).

Home Values in ZIP Code 40409

This chart visualizes the breakdown of home values in ZIP Code 40409, Kentucky, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 40409 vs. home values in both the state of Kentucky and in the U.S. overall.

Home Values in ZIP Code 40409

See the table below for a regional comparison of home values in ZIP Code 40409.

Home Value ZIP 40409 Kentucky U.S.
Less than $50,000 13.6% 12.4% 6.9%
$50,000 to $99,999 46.7% 20.3% 12.0%
$100,000 to $149,999 18.4% 20.9% 13.3%
$150,000 to $199,999 14.4% 17.2% 14.0%
$200,000 to $299,999 5.1% 16.1% 19.6%
$300,000 to $499,999 0.5% 9.4% 19.3%
$500,000 to $999,999 0.0% 3.0% 11.4%
$1,000,000 or more 1.2% 0.7% 3.4%

Home Ages in ZIP Code 40409 (Brodhead, KY)

Approximately 26.0% of homes in this Brodhead, KY region were built in 2000 to 2009. This amount of homes built in 2000 to 2009 in ZIP Code 40409 is about 77% higher than percentage of homes built in this time period in Kentucky overall (14.7% of homes), and is 86% higher the percentage (14.0% of homes) in the U.S. as a whole. Additionally, an esimated 19.7% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.0% of homes in this Rockcastle County ZIP Code were built in 2014 or later in ZIP Code 40409. 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 40409

A detailed regional comparison of home ages in ZIP Code 40409.

Year Built ZIP 40409 Kentucky U.S.
2014 or later 0.0% 2.2% 2.5%
2010 to 2013 1.4% 2.9% 2.7%
2000 to 2009 26.0% 14.7% 14.0%
1990 to 1999 17.3% 17.0% 13.9%
1980 to 1989 10.3% 12.6% 13.4%
1970 to 1979 19.7% 16.4% 15.2%
1960 to 1969 5.6% 10.8% 10.6%
1950 to 1959 5.4% 9.1% 10.3%
1940 to 1949 8.5% 4.4% 4.9%
1939 or earlier 5.7% 9.8% 12.6%

Age of Homes in ZIP Code 40409

See the chart below for details on the age of homes in ZIP Code 40409, 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 40409

Frequently asked questions about housing in this Brodhead, KY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 40409.

1

What is the average home value ZIP Code 40409?

The median home value in ZIP Code 40409 (Brodhead, KY) is $86,300.
2

Are homes expensive in ZIP Code 40409?

The median home value in 40409 ($86,300) is an estimated 39% lower than the aggregate median value of $141,000 in Kentucky, and is 60% 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 40409?

The vacacy rate for owner-occupied housing in ZIP Code 40409 is 0.3%. This rate is 81% lower than the overall Kentucky owner-occupied vacancy rate of 1.6%. Additionally, the 40409 vacancy rate is 81% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 40409 have older homes or newer construction?

In ZIP Code 40409, about 26.0% of homes were built in 2000 to 2009. That time range includes the most home construction. Also, 19.7% of homes in the region were built in 1970 to 1979. In contrast, 0.0% of homes in 40409 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 40409? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 40409 than renter-occupied housing. Owner-occupied units make up 67.2% of housing, compared to 32.8% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 40409?

The vacacy rate for rental units in ZIP Code 40409 is 8.6%. This rate is 46% higher than the overall Kentucky vacancy rate of 5.9%. Additionally, the 40409 vacancy rate is 43% higher than the entire U.S. vacancy rate of 6.0%.