Housing Insights for ZIP Code 42049 (Hazel, KY)

Housing Summary for ZIP Code 42049

Homeowners

The median home value in ZIP Code 42049 (Hazel, KY) is $109,900. Approximately 83.7% 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 42049 is 2.67 occupants, while owner-occupied units have an aggregate average size of 2.92 bedrooms per housing unit.

Renters

In the 42049 ZIP Code, an estimated 16.3% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 9.5%.

Among renter-occupied units in this ZIP, the average occupancy is 3.84 occupants, while renters in this Calloway County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 42049

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 42049.

ZIP 42049 Kentucky U.S.
Median Home Value $109,900 $223,560 $356,002
Owner-Occupied Housing Units 83.7% 67.2% 64.0%
Homeowner Vacancy Rate 0.0% 1.6% 1.6%
Average Size of Owner-Occupied Unit 2.67 2.55 2.70
Average # of Bedrooms Per Unit 2.92 2.78 2.75
Median Housing Rent $0 $763 $1,062
Renter-Occupied Housing Units 16.3% 32.8% 36.0%
Rental Vacancy Rate 9.5% 5.9% 6.0%
Average Size of Renter-Occupied Unit 3.84 2.36 2.49
Percent of Income Spent on Rent 0% 28.3% 29.83%

Home Values in ZIP Code 42049 (Hazel, KY)

The median home value in ZIP Code 42049 is $109,900. That median value is about 22% lower than the median home value of $141,000 in Kentucky overall, and is 49% lower than the $217,500 the median home value in the entire U.S. Approximately 30.8% of homes in ZIP Code 42049 are valued $50,000 to $99,999. That is 52% higher than in the state of Kentucky, in which 20.3% of homes are valued at $50,000 to $99,999, and is about 157% 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 42049 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 42049

This chart visualizes the breakdown of home values in ZIP Code 42049, Kentucky, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 42049 vs. home values in both the state of Kentucky and in the U.S. overall.

Home Values in ZIP Code 42049

See the table below for a regional comparison of home values in ZIP Code 42049.

Home Value ZIP 42049 Kentucky U.S.
Less than $50,000 14.2% 12.4% 6.9%
$50,000 to $99,999 30.8% 20.3% 12.0%
$100,000 to $149,999 17.2% 20.9% 13.3%
$150,000 to $199,999 8.6% 17.2% 14.0%
$200,000 to $299,999 20.3% 16.1% 19.6%
$300,000 to $499,999 7.4% 9.4% 19.3%
$500,000 to $999,999 1.4% 3.0% 11.4%
$1,000,000 or more 0.0% 0.7% 3.4%

Home Ages in ZIP Code 42049 (Hazel, KY)

Approximately 20.0% of homes in this Hazel, KY region were built in 1970 to 1979. This amount of homes built in 1970 to 1979 in ZIP Code 42049 is about 22% higher than percentage of homes built in this time period in Kentucky overall (16.4% of homes), and is 32% higher the percentage (15.2% of homes) in the U.S. as a whole. Additionally, an esimated 14.4% of local homes were built in 2000 to 2009. On the other end of the scale, just 2.1% of homes in this Calloway County ZIP Code were built in 2014 or later in ZIP Code 42049. 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 42049

A detailed regional comparison of home ages in ZIP Code 42049.

Year Built ZIP 42049 Kentucky U.S.
2014 or later 2.1% 2.2% 2.5%
2010 to 2013 2.3% 2.9% 2.7%
2000 to 2009 14.4% 14.7% 14.0%
1990 to 1999 14.4% 17.0% 13.9%
1980 to 1989 12.7% 12.6% 13.4%
1970 to 1979 20.0% 16.4% 15.2%
1960 to 1969 11.0% 10.8% 10.6%
1950 to 1959 10.6% 9.1% 10.3%
1940 to 1949 3.4% 4.4% 4.9%
1939 or earlier 9.2% 9.8% 12.6%

Age of Homes in ZIP Code 42049

See the chart below for details on the age of homes in ZIP Code 42049, 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 42049

Frequently asked questions about housing in this Hazel, KY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 42049.

1

What is the average home value ZIP Code 42049?

The median home value in ZIP Code 42049 (Hazel, KY) is $109,900.
2

Are homes expensive in ZIP Code 42049?

The median home value in 42049 ($109,900) is an estimated 22% lower than the aggregate median value of $141,000 in Kentucky, and is 49% 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 42049?

The vacacy rate for owner-occupied housing in ZIP Code 42049 is 0.0%. This rate is 100% lower than the overall Kentucky owner-occupied vacancy rate of 1.6%. Additionally, the 42049 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 42049 have older homes or newer construction?

In ZIP Code 42049, about 20.0% of homes were built in 1970 to 1979. That time range includes the most home construction. Also, 14.4% of homes in the region were built in 2000 to 2009. In contrast, 2.1% of homes in 42049 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 42049? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 42049 than renter-occupied housing. Owner-occupied units make up 83.7% of housing, compared to 16.3% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 42049?

The vacacy rate for rental units in ZIP Code 42049 is 9.5%. This rate is 61% higher than the overall Kentucky vacancy rate of 5.9%. Additionally, the 42049 vacancy rate is 58% higher than the entire U.S. vacancy rate of 6.0%.