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These days, finding an affordable place to live in the 40242 area can be challenging. Home prices in 40242 are now at a median cost of $244,813, higher than the Kentucky average of $164,895.
The average cost of rent is $1,229/mo in 40242, primarily driven by the current value of real estate in the 40242 area. While nearly 34.46% of residents own their homes outright in 40242, 31.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40242 is $6,623 per month. Households that rent pay about 18.56% of their income on rent here. 40242's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 40222, KY: higher priced homes
- 40241, KY: higher priced homes
- 40223, KY: higher priced homes
- 40207, KY: higher priced homes
- 40025, KY: higher priced homes
- 40243, KY: equally priced homes
- 40220, KY: less expensive homes
- 40059, KY: higher priced homes
- 40280, KY: higher priced homes
- 40245, KY: higher priced homes
Zip Codes with Similar Populations
- 01475, MA: equally priced homes
- 99320, WA: equally priced homes
- 98611, WA: higher priced homes
- 97383, OR: higher priced homes
- 94925, CA: higher priced homes
- 93465, CA: higher priced homes
- 86040, AZ: less expensive homes
- 85123, AZ: less expensive homes
- 14031, NY: higher priced homes
- 13078, NY: equally priced homes
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