ZIP 41360 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 41360 in the Powell County, KY FMR area.

Powell County, KY

$660Efficiency

$7601 bedroom

$9302 bedrooms

$1,2003 bedrooms

$1,3704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$660	$594	$726	$650
1 bedroom	$760	$684	$836	$695
2 bedrooms	$930	$837	$1,023	$909
3 bedrooms	$1,200	$1,080	$1,320	$1,259
4 bedrooms	$1,370	$1,233	$1,507	$1,519

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Wolfe County, KY

$660Efficiency

$7601 bedroom

$9302 bedrooms

$1,2003 bedrooms

$1,3704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$660	$594	$726	$650
1 bedroom	$760	$684	$836	$774
2 bedrooms	$930	$837	$1,023	$909
3 bedrooms	$1,200	$1,080	$1,320	$1,133
4 bedrooms	$1,370	$1,233	$1,507	$1,270

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 41360

$41,508average adjusted gross income per tax return (2022)

$30,462average salaries and wages per return

130tax returns filed

27%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	38.5%
$25,000 to $50,000	46.2%
$50,000 to $75,000	0.0%
$75,000 to $100,000	15.4%
$100,000 to $200,000	0.0%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 30.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 41360?

HUD's FY2027 Small Area FMRs for ZIP 41360 (Powell County, KY) are $660 efficiency, $760 one bedroom, $930 two bedrooms, $1,200 three and $1,370 four bedrooms.

What payment standard can a housing authority set in ZIP 41360?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $837 to $1,023.

How affordable is rent in ZIP 41360?

Tax returns filed from ZIP 41360 reported an average adjusted gross income of $41,508 (2022). A two-bedroom unit at the Small Area FMR costs $11,160 a year, or 27% of that income.