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These days, finding an affordable place to live in the 40062 area can be challenging. Home prices in 40062 are now at a median cost of $162,971, lower than the Kentucky average of $164,895.
The average cost of rent is $831/mo in 40062, primarily driven by the current value of real estate in the 40062 area. While nearly 48.07% of residents own their homes outright in 40062, 11.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40062 is $5,762 per month. Households that rent pay about 14.43% of their income on rent here. 40062's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 40037, KY: less expensive homes
- 40060, KY: less expensive homes
- 40052, KY: equally priced homes
- 40063, KY: equally priced homes
- 40051, KY: equally priced homes
- 40033, KY: less expensive homes
- 40069, KY: equally priced homes
- 40107, KY: higher priced homes
- 42748, KY: less expensive homes
- 40328, KY: less expensive homes
Zip Codes with Similar Populations
- 79256, TX: less expensive homes
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- 48728, MI: less expensive homes
- 49116, MI: higher priced homes
- 50439, IA: less expensive homes
- 50556, IA: less expensive homes
- 50860, IA: higher priced homes
- 77470, TX: less expensive homes
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