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Water Valley CDP, KY

ZIP 42085 — 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 42085

Median Home Value
$101,800
Median Rent
$607
Affordability Snapshot
$28,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$654/mo PITI).

13%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.0 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 42085 in Water Valley CDP, KY, a household would need roughly $28,000 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 $654. That sits below the local median household income ($55,662), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
74.8%+14% vs US avg
x
Vacancy Rate
7.8%-25% vs US avg
x
Broadband Access
55.6%-36% vs US avg
x
4+ Bedrooms
2.2%-85% vs US avg
x
Built Pre-1939
13.3%+4% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
39.3%-21% vs US avg
x
Mortgage-Free
35.7%-6% vs US avg
x
$101,800
Home Value
$607
Rent
1973
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached80.3%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other19.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$101,800
Median rent$607
Owner-occupied74.8%
Vacant7.8%
Price-to-income1.8x
Est. income to buy$28,000