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These days, finding an affordable place to live in the 40162 area can be challenging. Home prices in 40162 are now at a median cost of $287,167, higher than the Kentucky average of $219,615.
The average cost of rent is $1,144/mo in 40162, primarily driven by the current value of real estate in the 40162 area. In 40162, 17.11% of households rent, and 33.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40162 is $7,779 per month. Households that rent pay about 14.70% of their income on rent here. 40162’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern 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
- 40160, KY: less expensive homes
- 40175, KY: less expensive homes
- 42724, KY: less expensive homes
- 42701, KY: less expensive homes
- 40121, KY: less expensive homes
- 42740, KY: equally priced homes
- 42732, KY: less expensive homes
- 40115, KY: less expensive homes
- 40142, KY: less expensive homes
- 40150, KY: less expensive homes
Zip Codes with Similar Populations
- 25213, WV: less expensive homes
- 28722, NC: higher priced homes
- 28382, NC: less expensive homes
- 28310, NC: less expensive homes
- 27349, NC: less expensive homes
- 27325, NC: less expensive homes
- 27043, NC: less expensive homes
- 27020, NC: less expensive homes
- 27013, NC: less expensive homes
- 26757, WV: less expensive homes
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