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Clay City city, KY

ZIP 40312 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40312

Median Home Value
$148,300
Median Rent
$515
Affordability Snapshot
$41,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$953/mo PITI).

16%
Rent-to-Income Ratio

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

3.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.0 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 40312 in Clay City city, KY, a household would need roughly $41,000 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 $953. That is roughly in line with the local median household income ($38,081). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 17% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
66.2%+1% vs US avg
x
Vacancy Rate
17.1%+66% vs US avg
x
Broadband Access
74.5%-14% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
2.1%-84% vs US avg
x
Built Post-2014
0.9%-86% vs US avg
x
Rent Burden >30%
10.5%-79% vs US avg
x
Mortgage-Free
55.7%+46% vs US avg
x
$148,300
Home Value
$515
Rent
1984
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 detached58.6%
  • 1-unit attached0.5%
  • 2-9 units6.5%
  • 10+ units0.4%
  • Mobile home & other33.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$148,300
Median rent$515
Owner-occupied66.2%
Vacant17.1%
Price-to-income3.9x
Est. income to buy$41,000