US5.com
  1. Home
  2. States
  3. Kentucky
  4. ZIP 40069
  5. Housing & Real Estate
Springfield city, KY

ZIP 40069 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40069

Median Home Value
$172,800
Median Rent
$534
Affordability Snapshot
$48,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,110/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

27.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 40069 in Springfield city, KY, a household would need roughly $48,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,110. That sits below the local median household income ($65,357), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
75.9%+16% vs US avg
x
Vacancy Rate
10.4%+1% vs US avg
x
Broadband Access
84.2%-3% vs US avg
x
4+ Bedrooms
5.7%-62% vs US avg
x
Built Pre-1939
4.7%-63% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
14.7%-70% vs US avg
x
Mortgage-Free
43.5%+14% vs US avg
x
$172,800
Home Value
$534
Rent
1979
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached80.1%
  • 1-unit attached0.7%
  • 2-9 units11.3%
  • 10+ units1.1%
  • Mobile home & other6.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$172,800
Median rent$534
Owner-occupied75.9%
Vacant10.4%
Price-to-income2.6x
Est. income to buy$48,000