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These days, finding an affordable place to live in the 40228 area can be challenging. Home prices in 40228 are now at a median cost of $245,232, higher than the Kentucky average of $219,615.
The average cost of rent is $1,501/mo in 40228, primarily driven by the current value of real estate in the 40228 area. In 40228, 21.40% of households rent, and 33.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40228 is $7,116 per month. Households that rent pay about 21.09% of their income on rent here. 40228’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern 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
- 40291, KY: higher priced homes
- 40219, KY: less expensive homes
- 40229, KY: equally priced homes
- 40218, KY: less expensive homes
- 40299, KY: higher priced homes
- 40220, KY: equally priced homes
- 40213, KY: less expensive homes
- 40205, KY: higher priced homes
- 40118, KY: less expensive homes
- 40047, KY: higher priced homes
Zip Codes with Similar Populations
- 02865, RI: higher priced homes
- 49010, MI: less expensive homes
- 29379, SC: less expensive homes
- 30011, GA: higher priced homes
- 00656, PR: less expensive homes
- 32095, FL: higher priced homes
- 33605, FL: higher priced homes
- 33637, FL: equally priced homes
- 33761, FL: higher priced homes
- 33774, FL: higher priced homes
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