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Harlan city, KY

ZIP 40831 — 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 40831

Median Home Value
$106,500
Median Rent
$448
Affordability Snapshot
$29,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$684/mo PITI).

15%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

19.8 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 40831 in Harlan city, KY, a household would need roughly $29,000 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 $684. That sits below the local median household income ($35,417), 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

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
56.8%-13% vs US avg
x
Vacancy Rate
16.0%+55% vs US avg
x
Broadband Access
81.8%-6% vs US avg
x
4+ Bedrooms
3.1%-79% vs US avg
x
Built Pre-1939
5.7%-56% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
25.1%-50% vs US avg
x
Mortgage-Free
54.0%+41% vs US avg
x
$106,500
Home Value
$448
Rent
1977
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached57.6%
  • 1-unit attached0.8%
  • 2-9 units23.3%
  • 10+ units7.9%
  • Mobile home & other10.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$106,500
Median rent$448
Owner-occupied56.8%
Vacant16.0%
Price-to-income3.0x
Est. income to buy$29,000