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These days, finding an affordable place to live in the 40402 area can be challenging. Home prices in 40402 are now at a median cost of $91,251, lower than the Kentucky average of $219,615.
The average cost of rent is $845/mo in 40402, primarily driven by the current value of real estate in the 40402 area. In 40402, 20.11% of households rent, and 50.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40402 is $4,224 per month. Households that rent pay about 20.00% of their income on rent here. 40402’s most expensive areas are in the southern 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
- 40486, KY: higher priced homes
- 40434, KY: higher priced homes
- 40447, KY: higher priced homes
- 40729, KY: higher priced homes
- 40983, KY: higher priced homes
- 40481, KY: less expensive homes
- 40445, KY: less expensive homes
- 40460, KY: equally priced homes
- 40492, KY: equally priced homes
- 41314, KY: equally priced homes
Zip Codes with Similar Populations
- 74343, OK: higher priced homes
- 39631, MS: equally priced homes
- 45858, OH: higher priced homes
- 03581, NH: higher priced homes
- 50237, IA: higher priced homes
- 70456, LA: higher priced homes
- 70542, LA: equally priced homes
- 70653, LA: higher priced homes
- 72016, AR: higher priced homes
- 48703, MI: higher priced homes
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