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These days, finding an affordable place to live in the 40055 area can be challenging. Home prices in 40055 are now at a median cost of $232,805, higher than the Kentucky average of $219,615.
The average cost of rent is $1,241/mo in 40055, primarily driven by the current value of real estate in the 40055 area. In 40055, 13.63% of households rent, and 49.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40055 is $6,579 per month. Households that rent pay about 18.86% of their income on rent here. 40055’s most expensive areas are in the western regions, while the cheapest areas are in the northern 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
- 40070, KY: less expensive homes
- 47104, IN: higher priced homes
- 40077, KY: higher priced homes
- 40031, KY: higher priced homes
- 40006, KY: less expensive homes
- 40068, KY: higher priced homes
- 40011, KY: less expensive homes
- 40050, KY: less expensive homes
- 40058, KY: less expensive homes
- 47162, IN: equally priced homes
Zip Codes with Similar Populations
- 74735, OK: less expensive homes
- 35593, AL: less expensive homes
- 38232, TN: less expensive homes
- 42082, KY: equally priced homes
- 44010, OH: equally priced homes
- 44613, OH: less expensive homes
- 79355, TX: less expensive homes
- 76433, TX: higher priced homes
- 75930, TX: less expensive homes
- 36562, AL: less expensive homes
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