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These days, finding an affordable place to live in the 40040 area can be challenging. Home prices in 40040 are now at a median cost of $115,135, lower than the Kentucky average of $164,895.
The average cost of rent is $799/mo in 40040, primarily driven by the current value of real estate in the 40040 area. While nearly 51.61% of residents own their homes outright in 40040, 26.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40040 is $6,282 per month. Households that rent pay about 12.73% of their income on rent here. 40040's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 40078, KY: equally priced homes
- 40468, KY: higher priced homes
- 40069, KY: higher priced homes
- 40330, KY: higher priced homes
- 40310, KY: equally priced homes
- 40422, KY: higher priced homes
- 40037, KY: higher priced homes
- 40004, KY: higher priced homes
- 40062, KY: higher priced homes
- 40390, KY: higher priced homes
Zip Codes with Similar Populations
- 29065, SC: less expensive homes
- 16839, PA: higher priced homes
- 17093, PA: higher priced homes
- 17213, PA: higher priced homes
- 19931, DE: higher priced homes
- 21864, MD: higher priced homes
- 23307, VA: higher priced homes
- 23889, VA: less expensive homes
- 98530, WA: higher priced homes
- 97870, OR: higher priced homes
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