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These days, finding an affordable place to live in the 40342 area can be challenging. Home prices in 40342 are now at a median cost of $234,577, higher than the Kentucky average of $219,615.
The average cost of rent is $888/mo in 40342, primarily driven by the current value of real estate in the 40342 area. In 40342, 22.61% of households rent, and 41.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40342 is $6,274 per month. Households that rent pay about 14.15% of their income on rent here. 40342’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern 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
- 40372, KY: equally priced homes
- 40383, KY: higher priced homes
- 40076, KY: higher priced homes
- 40601, KY: equally priced homes
- 40046, KY: higher priced homes
- 40347, KY: higher priced homes
- 40339, KY: higher priced homes
- 40012, KY: less expensive homes
- 40510, KY: higher priced homes
- 40513, KY: higher priced homes
Zip Codes with Similar Populations
- 06610, CT: equally priced homes
- 07724, NJ: higher priced homes
- 08619, NJ: higher priced homes
- 10591, NY: higher priced homes
- 11563, NY: higher priced homes
- 17078, PA: higher priced homes
- 83835, ID: higher priced homes
- 25404, WV: equally priced homes
- 75240, TX: higher priced homes
- 77586, TX: higher priced homes
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