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Hopkinsville city, KY

ZIP 42240 — 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 42240

Median Home Value
$147,400
Median Rent
$669
Affordability Snapshot
$41,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$947/mo PITI).

16%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.4 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 42240 in Hopkinsville city, KY, a household would need roughly $41,000 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 $947. That sits below the local median household income ($49,872), 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 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
55.6%-15% vs US avg
x
Vacancy Rate
12.3%+20% vs US avg
x
Broadband Access
79.3%-9% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
4.1%-68% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
20.4%-59% vs US avg
x
Mortgage-Free
46.4%+21% vs US avg
x
$147,400
Home Value
$669
Rent
1978
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached70.1%
  • 1-unit attached1.2%
  • 2-9 units15.0%
  • 10+ units6.0%
  • Mobile home & other7.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$147,400
Median rent$669
Owner-occupied55.6%
Vacant12.3%
Price-to-income3.0x
Est. income to buy$41,000