Housing market/Kentucky/ZIP 42459

ACS 2023 · FY2027 SAFMR

ZIP 42459 Sturgis, Union County, Kentucky

Union 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
3,965
Households
1,548
Median HH income
$54,388
Renter share
24.8%
Median gross rent
$642
Vacancy
10.5%
Pop. change
-4.0%
2BR SAFMR
$910
SAFMR / rent
1.417×
2–49 unit stock
118
LIHTC proj / units
—
HUD assisted MF
1 / 44

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 42459 · KY — sent to you.

ZIP 42459 · KY

ACS median rent$642
2BR SAFMR$910
90% floor$819
110% ceiling$1,001

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

Housing stock

ACS 2023 units-in-structure · ZCTA 42459

  • 1-unit detached1,37679.6%
  • 1-unit attached160.9%
  • 2–4 units724.2%
  • 5–49 units462.7%
  • 50+ units150.9%
  • Mobile20411.8%
TypeUnitsShare
1-unit detached1,37679.6%
1-unit attached160.9%
2 units (duplex)20.1%
3–4 units704.0%
5–9 units120.7%
10–19 units110.6%
20–49 units231.3%
50+ units150.9%
Mobile20411.8%

2–4 unit share 4.2% · 5–49 unit share 2.7% · combined 2–49 6.8%.

Units by bedrooms

Studio
3
1BR
129
2BR
515
3BR
774
4BR
238
5+
70

Rent burden

Rent ≥30% of income40.4%
Rent ≥50% of income19.0%
  • ACS median gross rent $642 (all bedrooms, occupied rentals).
  • Median contract rent $430.
  • Renters paying ≥30% of income 40.4%; ≥50% 19.0%.
  • FY2027 2BR SAFMR $910 (1.417× ACS median gross rent).

Population

3,965 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.0%.

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: 1 properties, 44 assisted units.
  • 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 42459 24.8% of occupied households are renters; vacancy is 10.5%; ACS median gross rent is $642; population changed -4.0% between the 2018 and 2023 ACS vintages; the housing stock includes 72 units in 2–4-unit structures and 46 units in 5–49-unit structures; FY2027 2BR SAFMR is $910 versus ACS median gross rent of $642. 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 42459 is a Census / HUD profile for Union 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 42459?

ZIP 42459 (Union County, KY) has 3,965 residents, 1,548 households, a renter share of 24.8%, median household income of $54,388, and ACS 2023 median gross rent of $642. Vacancy is 10.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 42459?

ACS counts 2 units in 2-unit buildings, 70 in 3–4 unit buildings, 12 in 5–9, 11 in 10–19, and 23 in 20–49. Combined 2–49 unit stock is 118 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 42459?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $910. See the full schedule and 90–110% payment-standard band on the ZIP 42459 — Sturgis, KY HUD Section 8 Payment Standards / SAFMR.

Does this Kentucky ZIP profile include Georgia listings?

No. ZIP 42459 is Census / HUD research for Union 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.