Housing market/Kentucky/ZIP 42518

ACS 2023 · FY2027 SAFMR

ZIP 42518 Bronston, Wayne County, Kentucky

Wayne 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
2,946
Households
1,119
Median HH income
$52,472
Renter share
20.0%
Median gross rent
$838
Vacancy
48.0%
Pop. change
+6.6%
2BR SAFMR
$950
SAFMR / rent
1.134×
2–49 unit stock
613
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 42518 · KY — sent to you.

ZIP 42518 · KY

ACS median rent$838
2BR SAFMR$950
90% floor$855
110% ceiling$1,045

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

Housing stock

ACS 2023 units-in-structure · ZCTA 42518

  • 1-unit detached1,01347.1%
  • 1-unit attached572.6%
  • 2–4 units61328.5%
  • Mobile46921.8%
TypeUnitsShare
1-unit detached1,01347.1%
1-unit attached572.6%
2 units (duplex)643.0%
3–4 units54925.5%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile46921.8%

2–4 unit share 28.5% · 5–49 unit share 0.0% · combined 2–49 28.5%.

Units by bedrooms

Studio
0
1BR
38
2BR
793
3BR
987
4BR
317
5+
17

Rent burden

Rent ≥30% of income45.1%
Rent ≥50% of income6.3%
  • ACS median gross rent $838 (all bedrooms, occupied rentals).
  • Median contract rent $550.
  • Renters paying ≥30% of income 45.1%; ≥50% 6.3%.
  • FY2027 2BR SAFMR $950 (1.134× ACS median gross rent).

Population

2,946 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.6%.

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 102 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 42518 20.0% of occupied households are renters; vacancy is 48.0%; ACS median gross rent is $838; population increased +6.6% between the 2018 and 2023 ACS vintages; the housing stock includes 613 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $950 versus ACS median gross rent of $838. 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 42518 is a Census / HUD profile for Wayne 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 42518?

ZIP 42518 (Wayne County, KY) has 2,946 residents, 1,119 households, a renter share of 20.0%, median household income of $52,472, and ACS 2023 median gross rent of $838. Vacancy is 48.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 42518?

ACS counts 64 units in 2-unit buildings, 549 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 613 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 42518?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $950. See the full schedule and 90–110% payment-standard band on the ZIP 42518 — Bronston, KY HUD Section 8 Payment Standards / SAFMR.

Does this Kentucky ZIP profile include Georgia listings?

No. ZIP 42518 is Census / HUD research for Wayne 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.