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These days, finding an affordable place to live in the 40051 area can be challenging. Home prices in 40051 are now at a median cost of $227,260, higher than the Kentucky average of $219,615.
The average cost of rent is $841/mo in 40051, primarily driven by the current value of real estate in the 40051 area. In 40051, 15.85% of households rent, and 42.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40051 is $6,507 per month. Households that rent pay about 12.92% of their income on rent here. 40051’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 40052, KY: higher priced homes
- 40107, KY: equally priced homes
- 40037, KY: less expensive homes
- 40062, KY: equally priced homes
- 40060, KY: less expensive homes
- 42748, KY: less expensive homes
- 40063, KY: equally priced homes
- 42701, KY: higher priced homes
- 40033, KY: less expensive homes
- 40069, KY: less expensive homes
Zip Codes with Similar Populations
- 22853, VA: higher priced homes
- 74881, OK: less expensive homes
- 29069, SC: less expensive homes
- 28323, NC: equally priced homes
- 27891, NC: less expensive homes
- 27243, NC: higher priced homes
- 25045, WV: less expensive homes
- 24910, WV: less expensive homes
- 24184, VA: higher priced homes
- 24066, VA: equally priced homes
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