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These days, finding an affordable place to live in the 40111 area can be challenging. Home prices in 40111 are now at a median cost of $129,016, lower than the Kentucky average of $219,615.
The average cost of rent is $440/mo in 40111, primarily driven by the current value of real estate in the 40111 area. In 40111, 21.40% of households rent, and 56.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40111 is $4,076 per month. Households that rent pay about 10.79% of their income on rent here. 40111’s most expensive areas are in the southern regions, while the cheapest areas are in the central 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
- 42348, KY: equally priced homes
- 47520, IN: higher priced homes
- 40143, KY: higher priced homes
- 47574, IN: higher priced homes
- 40170, KY: equally priced homes
- 47586, IN: higher priced homes
- 40144, KY: higher priced homes
- 40171, KY: less expensive homes
- 42351, KY: higher priced homes
- 40176, KY: higher priced homes
Zip Codes with Similar Populations
- 49893, MI: higher priced homes
- 61913, IL: higher priced homes
- 61570, IL: higher priced homes
- 61369, IL: equally priced homes
- 59858, MT: higher priced homes
- 58367, ND: higher priced homes
- 56528, MN: higher priced homes
- 55335, MN: higher priced homes
- 54514, WI: higher priced homes
- 50554, IA: less expensive homes
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