42303, Owensboro, KY

The 42303 zip code of Owensboro, Kentucky has a population of around 36,000 and is located in the southeastern part of the state. The median household income in this zip code is $40,000 which is lower than the national median household income of $57,617. The home equity and home prices in this zip code are below average when compared to other zip codes in Kentucky.

The average home value in the 42303 zip code is $128,000 which is lower than the statewide average home value of $157,600. The percentage of homes that are owner-occupied in this zip code is below the statewide percentage of owner-occupied homes at 59%. Additionally, the percentage of homes that are rented is above the statewide percentage of rented homes at 41%. This indicates that there may be a shortage of housing options for people who live in this zip code.

One reason why there may be a shortage of housing options for people who live in the 42303 zip code may be because it has a low population density. The population density for this zipcode is only 2 per square mile which is lower than both the statewide population density (3 per square mile) and Kentuckys overall population density (6 per square mile). This low population density makes it difficult to find enough land to build new housing units on and could lead to higher prices for existing housing units.