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Rental Insights for ZIP Code 41721 (Buckhorn, KY)

Housing Rentals in ZIP Code 41721 (Buckhorn, KY)

41721 ZIP Code in Kentucky

Learn About Housing Rentals in the ZIP Code 41721

ZIP Code 41721 is primarily located in Buckhorn, KY in Perry County. The median housing rent payment in this Kentucky region is $443 per month. Approximately 35.5% of housing units in this Perry County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of zero.

The median rent in ZIP Code 41721 of $443 per month is 42% lower than the aggregate Kentucky median monthly rent of $763, and is 58% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 53.5% of residents in ZIP Code 41721 pay less than $500 per month for rent. That is 211% higher than in Kentucky overall, in which 17.2% of total state residents pay less than $500 per month for housing. Only 2.3% of renters in this Buckhorn, KY region pay between $1,500 and $1,999 per month for rent.

ZIP Code 41721 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 41721

See the chart below for a comparison of monthly rental costs in ZIP Code 41721, Kentucky, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 41721 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 41721

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

Cost ZIP 41721 Kentucky U.S.
Less than $500 53.5% 17.2% 9.4%
$500 to $999 44.2% 58.9% 36.2%
$1,000 to $1,499 0.0% 19.5% 30.0%
$1,500 to $1,999 2.3% 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 41721

Renters in ZIP Code 41721 use an estimated 35.87% of their income to cover their monthly rent payments. That is about 27% 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 41721 renters use about 20% more of their income to cover rent expense. Household income figures for ZIP Code 41721 come in lower than in Kentucky as a whole. The median annual household income in ZIP Code 41721 of $18,917 sits approximately 63% lower than the overall Kentucky median income of $50,589 and approximately 70% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 41721

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 41721, 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 41721 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 41721

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

Rent Cost as % of Income ZIP 41721 Kentucky U.S.
Less than 15.0 percent 0.0% 17.2% 13.1%
15.0 to 19.9 percent 10.5% 13.8% 12.9%
20.0 to 24.9 percent 0.0% 12.9% 12.9%
25.0 to 29.9 percent 26.7% 11.5% 11.6%
30.0 to 34.9 percent 0.0% 8.6% 9.1%
35.0 percent or more 62.8% 36.0% 40.5%

Household Income in ZIP Code 41721

See the table below for the regional comparison of annual household income in ZIP Code 41721.

Income ZIP 41721 Kentucky U.S.
Less than $10,000 25.8% 8.3% 6.0%
$10,000 to $14,999 8.1% 5.8% 4.3%
$15,000 to $24,999 25.0% 11.1% 8.9%
$25,000 to $34,999 13.7% 10.5% 8.9%
$35,000 to $49,999 10.1% 13.8% 12.3%
$50,000 to $74,999 6.5% 17.7% 17.2%
$75,000 to $99,999 4.0% 12.1% 12.7%
$100,000 to $149,999 6.0% 12.5% 15.1%
$150,000 to $199,999 0.0% 4.3% 6.8%
$200,000 or more 0.8% 3.9% 7.7%

Household Income in ZIP Code 41721

See the chart below for a comparison of annual household income figures in ZIP Code 41721, Kentucky, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 41721 alongside the same figures for the state of Kentucky and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 41721

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 41721.

ZIP 41721 Kentucky U.S.
Median Housing Rent $443 $763 $1,062
Renter-Occupied Housing Units 35.5% 32.8% 36.0%
Rental Vacancy Rate 0.0% 5.9% 6.0%
Average Size of Renter-Occupied Unit 1.73 2.36 2.49
Average # of Bedrooms Per Unit 2.77 2.78 2.75
Percent of Income Spent on Rent 35.87% 28.3% 29.83%
Per Capita Income $15,104 $28,178 $34,103
Median Household Income $32,170 $70,144 $88,607
Living Below the Poverty Line 34.6% 13.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 41721

In ZIP Code 41721 (Buckhorn, KY), and estimated 35.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 41721 is estimated at $15,104, which goes along with an estimated median household income of $32,170. About 34.6% of residents in this Perry County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.73 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 35.87% of their income on housing rental costs.

Rental FAQs for ZIP Code 41721

1

What is the median monthly rent in ZIP Code 41721?

Median rent for housing in ZIP Code 41721 in Perry County in Kentucky is approximately $443 per month.
2

Is it expensive to rent in ZIP Code 41721?

Rent in ZIP Code 41721 is lower than average in the state of Kentucky overall. The median monthly rent of $443 in ZIP Code 41721 is approximately 42% lower than the Kentucky median of $763. Additionally, median rent in this Buckhorn, KY region ($443) is about 58% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 41721?

High-priced rentals are not common in the Buckhorn, KY ZIP Code of 41721, 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 41721?

Affordable rentals are more common in ZIP Code 41721 than in Kentucky overall. The percentage of housing rentals in ZIP Code 41721 costing $999 or less per month (97.7%) is approximately 28% 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 114% lower than the previously mentioned 41721 rate of 97.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 41721?

The most common range for rental cost in ZIP Code 41721 is less than $500 per month. About 53.5% of renters in 41721 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 41721 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 41721 is lower than the rental vacancy rate in the state of Kentucky overall. Rental vacancy of 0.0% in ZIP Code 41721 is about 100% lower than the Kentucky rate of 5.9%. Looking more broadly, rental vacancy in this Buckhorn, KY region (0.0%) is an estimated 100% 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 41721? How does it compare to other Kentucky regions?

Median household income in ZIP Code 41721 is lower than in the state of Kentucky overall. Annual household income of $18,917 in ZIP Code 41721 is about 63% lower than the Kentucky median of $50,589. Additionally, median household income in this Buckhorn, KY region ($18,917) is approximately 70% 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 41721 spend on housing costs?

Renters in ZIP Code 41721 spend a higher amount of their income on rent costs than do renters in Kentucky overall. Renters in ZIP Code 41721 spend an estimated 35.87% of their income on rent payments, which is about 27% 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 20% lower than the ZIP Code 41721 estimated rate of 35.87%.
9

Do renters in ZIP Code 41721 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 41721 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 41721 spending 30 percent or more of their income on rent costs (62.8%) is approximately 41% higher 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 27% lower than the aforementioned 41721 rate of 62.8%.
10

What is the average household size of renter-occupied units in ZIP Code 41721?

The average household size of renter-occupied units in ZIP Code 41721 is lower than in the state of Kentucky overall. Annual household size of 1.73 in ZIP Code 41721 is about 27% lower than the Kentucky median of 2.36. Additionally, median household size in this Buckhorn, KY region (1.73) is approximately 31% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Kentucky ZIP Codes