Housing market/Kentucky/ZIP 40310

ACS 2023 · FY2027 SAFMR

ZIP 40310 Burgin, Mercer County, Kentucky

Mercer 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
541
Households
210
Median HH income
$53,750
Renter share
34.8%
Median gross rent
$946
Vacancy
23.9%
Pop. change
+60.5%
2BR SAFMR
$1,040
SAFMR / rent
1.099×
2–49 unit stock
43
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 40310 · KY — sent to you.

ZIP 40310 · KY

ACS median rent$946
2BR SAFMR$1,040
90% floor$936
110% ceiling$1,144

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

Housing stock

ACS 2023 units-in-structure · ZCTA 40310

  • 1-unit detached18767.8%
  • 1-unit attached269.4%
  • 2–4 units3613.0%
  • 5–49 units72.5%
  • Mobile207.2%
TypeUnitsShare
1-unit detached18767.8%
1-unit attached269.4%
2 units (duplex)62.2%
3–4 units3010.9%
5–9 units72.5%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile207.2%

2–4 unit share 13.0% · 5–49 unit share 2.5% · combined 2–49 15.6%.

Units by bedrooms

Studio
0
1BR
27
2BR
84
3BR
129
4BR
27
5+
9

Rent burden

Rent ≥30% of income50.7%
Rent ≥50% of income0.0%
  • ACS median gross rent $946 (all bedrooms, occupied rentals).
  • Median contract rent $640.
  • Renters paying ≥30% of income 50.7%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,040 (1.099× ACS median gross rent).

Population

541 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +60.5%.

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 20 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 40310 34.8% of occupied households are renters; vacancy is 23.9%; ACS median gross rent is $946; population increased +60.5% between the 2018 and 2023 ACS vintages; the housing stock includes 36 units in 2–4-unit structures and 7 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,040 versus ACS median gross rent of $946. 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 40310 is a Census / HUD profile for Mercer 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 40310?

ZIP 40310 (Mercer County, KY) has 541 residents, 210 households, a renter share of 34.8%, median household income of $53,750, and ACS 2023 median gross rent of $946. Vacancy is 23.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 40310?

ACS counts 6 units in 2-unit buildings, 30 in 3–4 unit buildings, 7 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 43 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 40310?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,040. See the full schedule and 90–110% payment-standard band on the ZIP 40310 — Burgin, KY HUD Section 8 Payment Standards / SAFMR.

Does this Kentucky ZIP profile include Georgia listings?

No. ZIP 40310 is Census / HUD research for Mercer 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.