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Flat Lick CDP, KY

ZIP 40935 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40935

Median Home Value
$50,900
Median Rent
$435
Affordability Snapshot
$14,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$327/mo PITI).

24%
Rent-to-Income Ratio

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

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

9.8 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 40935 in Flat Lick CDP, KY, a household would need roughly $14,000 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 $327. That sits below the local median household income ($21,707), 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 30% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
65.9%+1% vs US avg
x
Vacancy Rate
29.6%+188% vs US avg
x
Broadband Access
92.4%+6% vs US avg
x
4+ Bedrooms
5.6%-62% vs US avg
x
Built Pre-1939
2.3%-82% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
67.7%+36% vs US avg
x
Mortgage-Free
92.8%+143% vs US avg
x
$50,900
Home Value
$435
Rent
1985
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 detached47.0%
  • 1-unit attached0.0%
  • 2-9 units4.6%
  • 10+ units0.0%
  • Mobile home & other48.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$50,900
Median rent$435
Owner-occupied65.9%
Vacant29.6%
Price-to-income2.3x
Est. income to buy$14,000