Kentucky
Rowan County
24,525 residents49 permits TTM$53,657 median HHI2 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$155,900
ACS 5-Year
Cap rate proxy
6.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.2%
HUD FMR ÷ ACS HHI
Net migration
+1.14%
IRS SOI
Permits (TTM)
49
Census BPS
Climate risk
47.9
FEMA NRI (0–100)
ZIP code breakdown2 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 40351 | $186,644 | $911 | 5.9% | 8.2% | -37.5% |
| 40313 | $150,512 | $911 | 7.3% | 6.6% | 10.5% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
63.1%
Census ACS
Vacancy rate
11.6%
Census ACS
Bachelor's degree +
27.0%
Census ACS
Rent burdened
42.4%
Census ACS (>30% income)
Median age
31.2
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026