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These days, finding an affordable place to live in the 40206 area can be challenging. Home prices in 40206 are now at a median cost of $328,631, higher than the Kentucky average of $219,615.
The average cost of rent is $1,194/mo in 40206, primarily driven by the current value of real estate in the 40206 area. In 40206, 48.12% of households rent, and 34.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40206 is $7,370 per month. Households that rent pay about 16.20% of their income on rent here. 40206’s most expensive areas are in the southeastern 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
- 40280, KY: higher priced homes
- 40204, KY: higher priced homes
- 40205, KY: higher priced homes
- 40207, KY: higher priced homes
- 40202, KY: less expensive homes
- 40203, KY: higher priced homes
- 40217, KY: less expensive homes
- 47130, IN: less expensive homes
- 40025, KY: higher priced homes
- 40208, KY: less expensive homes
Zip Codes with Similar Populations
- 06801, CT: higher priced homes
- 07650, NJ: higher priced homes
- 13212, NY: less expensive homes
- 14214, NY: less expensive homes
- 17225, PA: less expensive homes
- 24141, VA: less expensive homes
- 55744, MN: less expensive homes
- 44108, OH: less expensive homes
- 54501, WI: less expensive homes
- 53022, WI: higher priced homes
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