Housing market/Kentucky/ZIP 40322
ZIP 40322 Frenchburg, Menifee County, Kentucky
Menifee County, KY · Kentucky. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 40322 · KY — sent to you.
ZIP 40322 · KY
ACS rent vs 2BR SAFMR
ZIP 40322 — Frenchburg, KY HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 40322
- 1-unit detached1,17372.1%
- 1-unit attached181.1%
- 2–4 units573.5%
- 5–49 units543.3%
- Mobile32419.9%
2–4 unit share 3.5% · 5–49 unit share 3.3% · combined 2–49 6.8%.
Units by bedrooms
Rent burden
- ACS median gross rent $634 (all bedrooms, occupied rentals).
- Median contract rent $376.
- Renters paying ≥30% of income 29.6%; ≥50% 16.2%.
- FY2027 2BR SAFMR $930 (1.467× ACS median gross rent).
Population
3,207 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -1.8%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 2 projects, 48 units.
- HUD project-based assisted MF: 1 properties, 28 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
What the data shows
ZIP 40322 30.6% of occupied households are renters; vacancy is 20.6%; ACS median gross rent is $634; population changed -1.8% between the 2018 and 2023 ACS vintages; the housing stock includes 57 units in 2–4-unit structures and 54 units in 5–49-unit structures; 2 LIHTC projects totaling 48 units; FY2027 2BR SAFMR is $930 versus ACS median gross rent of $634. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
Kentucky research
ZIP 40322 is a Census / HUD profile for Menifee County, KY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 40322 — Frenchburg, KY HUD Section 8 Payment Standards / SAFMR·Kentucky ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Kentucky research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 40322?
ZIP 40322 (Menifee County, KY) has 3,207 residents, 1,291 households, a renter share of 30.6%, median household income of $44,720, and ACS 2023 median gross rent of $634. Vacancy is 20.6%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 40322?
ACS counts 23 units in 2-unit buildings, 34 in 3–4 unit buildings, 24 in 5–9, 12 in 10–19, and 18 in 20–49. Combined 2–49 unit stock is 111 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 40322?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $930. See the full schedule and 90–110% payment-standard band on the ZIP 40322 — Frenchburg, KY HUD Section 8 Payment Standards / SAFMR.
Does this Kentucky ZIP profile include Georgia listings?
No. ZIP 40322 is Census / HUD research for Menifee County, KY. Jeff Crowe CRE does not list Kentucky property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.