Housing market/Kentucky/ZIP 42003

ACS 2023 · FY2027 SAFMR

ZIP 42003 Paducah, Marshall County, Kentucky

Marshall 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
29,384
Households
11,534
Median HH income
$54,052
Renter share
30.7%
Median gross rent
$696
Vacancy
18.4%
Pop. change
+2.5%
2BR SAFMR
$960
SAFMR / rent
1.379×
2–49 unit stock
1,712
LIHTC proj / units
—
HUD assisted MF
6 / 342

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 42003 · KY — sent to you.

ZIP 42003 · KY

ACS median rent$696
2BR SAFMR$960
90% floor$864
110% ceiling$1,056

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

Housing stock

ACS 2023 units-in-structure · ZCTA 42003

  • 1-unit detached9,42566.8%
  • 1-unit attached2651.9%
  • 2–4 units1,0307.3%
  • 5–49 units6824.8%
  • 50+ units9096.4%
  • Mobile1,78912.7%
TypeUnitsShare
1-unit detached9,42566.7%
1-unit attached2651.9%
2 units (duplex)5513.9%
3–4 units4793.4%
5–9 units4623.3%
10–19 units960.7%
20–49 units1240.9%
50+ units9096.4%
Mobile1,78912.7%

2–4 unit share 7.3% · 5–49 unit share 4.8% · combined 2–49 12.1%.

Units by bedrooms

Studio
605
1BR
1,207
2BR
3,984
3BR
6,068
4BR
1,779
5+
489

Rent burden

Rent ≥30% of income37.4%
Rent ≥50% of income20.3%
  • ACS median gross rent $696 (all bedrooms, occupied rentals).
  • Median contract rent $555.
  • Renters paying ≥30% of income 37.4%; ≥50% 20.3%.
  • FY2027 2BR SAFMR $960 (1.379× ACS median gross rent).

Population

29,384 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.5%.

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: 6 properties, 342 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 44 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 42003 30.7% of occupied households are renters; vacancy is 18.4%; ACS median gross rent is $696; population increased +2.5% between the 2018 and 2023 ACS vintages; the housing stock includes 1,030 units in 2–4-unit structures and 682 units in 5–49-unit structures; FY2027 2BR SAFMR is $960 versus ACS median gross rent of $696. 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 42003 is a Census / HUD profile for Marshall 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 42003?

ZIP 42003 (Marshall County, KY) has 29,384 residents, 11,534 households, a renter share of 30.7%, median household income of $54,052, and ACS 2023 median gross rent of $696. Vacancy is 18.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 42003?

ACS counts 551 units in 2-unit buildings, 479 in 3–4 unit buildings, 462 in 5–9, 96 in 10–19, and 124 in 20–49. Combined 2–49 unit stock is 1,712 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 42003?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $960. See the full schedule and 90–110% payment-standard band on the ZIP 42003 — Paducah, KY HUD Section 8 Payment Standards / SAFMR.

Does this Kentucky ZIP profile include Georgia listings?

No. ZIP 42003 is Census / HUD research for Marshall 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.