Housing market/Kentucky/ZIP 40965
ZIP 40965 Middlesboro, Claiborne County, Kentucky
Claiborne County, TN · Kentucky. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 40965 · KY — sent to you.
ZIP 40965 · KY
ACS rent vs 2BR SAFMR
ZIP 40965 — Middlesboro, KY HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 40965
- 1-unit detached3,72961.7%
- 1-unit attached240.4%
- 2–4 units5028.3%
- 5–49 units5609.3%
- 50+ units801.3%
- Mobile1,15219.1%
2–4 unit share 8.3% · 5–49 unit share 9.3% · combined 2–49 17.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $664 (all bedrooms, occupied rentals).
- Median contract rent $433.
- Renters paying ≥30% of income 54.2%; ≥50% 27.6%.
- FY2027 2BR SAFMR $1,000 (1.506× ACS median gross rent).
Population
11,698 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -5.8%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 3 projects, 152 units.
- HUD project-based assisted MF: 3 properties, 196 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 40965 43.0% of occupied households are renters; vacancy is 17.8%; ACS median gross rent is $664; population changed -5.8% between the 2018 and 2023 ACS vintages; the housing stock includes 502 units in 2–4-unit structures and 560 units in 5–49-unit structures; 3 LIHTC projects totaling 152 units; FY2027 2BR SAFMR is $1,000 versus ACS median gross rent of $664. 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 40965 is a Census / HUD profile for Claiborne County, KY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 40965 — Middlesboro, KY HUD Section 8 Payment Standards / SAFMR·Kentucky ZIP directory
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 40965?
ZIP 40965 (Claiborne County, TN) has 11,698 residents, 4,973 households, a renter share of 43.0%, median household income of $30,980, and ACS 2023 median gross rent of $664. Vacancy is 17.8%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 40965?
ACS counts 152 units in 2-unit buildings, 350 in 3–4 unit buildings, 374 in 5–9, 103 in 10–19, and 83 in 20–49. Combined 2–49 unit stock is 1,062 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 40965?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,000. See the full schedule and 90–110% payment-standard band on the ZIP 40965 — Middlesboro, KY HUD Section 8 Payment Standards / SAFMR.
Does this Kentucky ZIP profile include Georgia listings?
No. ZIP 40965 is Census / HUD research for Claiborne County, TN. 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.