Join us at 2 p.m. Tuesday, September 10, via
Zoom to hear the Phase II findings of the Kentucky Housing Supply Gap Analysis. Kentucky Housing Corporation and Bowen National Research will discuss the new findings, which build upon the data released in April 2024. Phase II projects gaps across the state and in each county through 2029.
Sign up to attend.
This page is your gateway to understanding Kentucky's housing supply gap. Here, you'll find comprehensive datasets, reports, and tools that illuminate the current state of the housing market across the Commonwealth.
For additional information on how to use the visualization below, check out our
"How to Use Tableau" video.
Current Housing Needs
2024
Visualization
You can filter the visualization below using the dropdown menus to select the current or future numbers, as well as county.
Download the Raw Data |
Download the Phase I Full Report |
Download the Phase II Full Report
As of 5/21/24, the following counties were updated in the Phase I raw data file to correct AMI-level supply gaps:
Madison, Magoffin, Marion, Marshall, Martin, Mason, McCracken, McCreary, McLean. Phase II data was added 9/10/24.
Summary
- The state of Kentucky has an
overall current (2024) housing gap of 206,207 units; with the gap split relatively evenly between:
- Rental Units - 101,569 units (49.3% of the overall statewide housing gap)
- For-Sale Units - 104,638 units (50.7% of the overall statewide housing gap)
- The overall projected future (2029) housing gap is 287,120 units (80,913, 39%, increase over current gap):
- Rental Units - 139,162 (48.5% of the overall statewide housing gap)
- For-Sale Units: 147,958 (51.5% of the overall statewide housing gap)
- The
largest overall housing gap by area media income (AMI) level is among households earning up to 30% of AMI, representing 79,819 current units or 38.7% of the state's overall housing gap.
- Rental housing gaps serving households earning less than or equal to 80% of AMI have a combined rental housing gap of 92,757 current units, representing 91.3% of the statewide rental housing gap.
- For-sale housing represents just over one-half (50.7%) of the state's overall current housing gap; gaps are distributed relatively evenly among the different levels of affordability.
- Many rural or non-urban markets in Kentucky have disproportionately high shares of housing gaps relative to their overall number of households.
- Typically, around 40% of non-resident commuters indicated that they would move to the same county they work in if housing was available and affordable.
Methodology
KHC and Bowen National Research crafted the below methodology together and chose to take a more conservative approach. The data in this report may vary slightly from other similar studies. A key difference in the Kentucky Housing Supply Gap Analysis is it focuses on the number of new units that will fill the gap.
The data is presented by Area Median Income (AMI) and categorized by housing type. This detailed breakdown allows you to:
- Analyze housing availability and affordability trends across different income levels.
- Compare the needs of renters versus homeowners within specific regions.
- Identify areas where housing gaps are most prevalent.
This page will continue to evolve, offering regularly updated resources for researchers, policymakers, developers, and all those dedicated to solving Kentucky's housing challenges.
Data was compiled by
Bowen National Research for Kentucky Housing Corporation (KHC).
This data has been processed and presented by KHC using Tableau.
