Housing market/Kentucky/ZIP 40873

ACS 2023 · FY2027 SAFMR

ZIP 40873 Wallins Creek, Harlan County, Kentucky

Harlan County, KY · Kentucky. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
2,329
Households
924
Median HH income
$31,389
Renter share
24.1%
Median gross rent
$863
Vacancy
19.1%
Pop. change
+3.7%
2BR SAFMR
$1,100
SAFMR / rent
1.275×
2–49 unit stock
48
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 40873 · KY — sent to you.

ZIP 40873 · KY

ACS median rent$863
2BR SAFMR$1,100
90% floor$990
110% ceiling$1,210

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 40873

  • 1-unit detached72663.6%
  • 2–4 units484.2%
  • Mobile36832.2%
TypeUnitsShare
1-unit detached72663.6%
1-unit attached00.0%
2 units (duplex)484.2%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile36832.2%

2–4 unit share 4.2% · 5–49 unit share 0.0% · combined 2–49 4.2%.

Units by bedrooms

Studio
0
1BR
21
2BR
372
3BR
633
4BR
116
5+
0

Rent burden

Rent ≥30% of income37.2%
Rent ≥50% of income21.5%
  • ACS median gross rent $863 (all bedrooms, occupied rentals).
  • Median contract rent $560.
  • Renters paying ≥30% of income 37.2%; ≥50% 21.5%.
  • FY2027 2BR SAFMR $1,100 (1.275× ACS median gross rent).

Population

2,329 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.7%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 40873 24.1% of occupied households are renters; vacancy is 19.1%; ACS median gross rent is $863; population increased +3.7% between the 2018 and 2023 ACS vintages; the housing stock includes 48 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,100 versus ACS median gross rent of $863. 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 40873 is a Census / HUD profile for Harlan County, KY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

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 40873?

ZIP 40873 (Harlan County, KY) has 2,329 residents, 924 households, a renter share of 24.1%, median household income of $31,389, and ACS 2023 median gross rent of $863. Vacancy is 19.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 40873?

ACS counts 48 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 48 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 40873?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,100. See the full schedule and 90–110% payment-standard band on the ZIP 40873 — Wallins Creek, KY HUD Section 8 Payment Standards / SAFMR.

Does this Kentucky ZIP profile include Georgia listings?

No. ZIP 40873 is Census / HUD research for Harlan 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.