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Owensboro city, KY

ZIP 42301 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 42301

Median Home Value
$180,600
Median Rent
$657
Affordability Snapshot
$50,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,160/mo PITI).

13%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.9 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 42301 in Owensboro city, KY, a household would need roughly $50,000 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 $1,160. That sits below the local median household income ($62,010), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
60.9%-7% vs US avg
x
Vacancy Rate
7.3%-29% vs US avg
x
Broadband Access
89.0%+2% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
5.8%-55% vs US avg
x
Built Post-2014
0.9%-88% vs US avg
x
Rent Burden >30%
19.0%-62% vs US avg
x
Mortgage-Free
39.7%+4% vs US avg
x
$180,600
Home Value
$657
Rent
1975
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 detached72.5%
  • 1-unit attached1.1%
  • 2-9 units15.5%
  • 10+ units7.9%
  • Mobile home & other3.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$180,600
Median rent$657
Owner-occupied60.9%
Vacant7.3%
Price-to-income2.9x
Est. income to buy$50,000