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These days, finding an affordable place to live in the 40409 area can be challenging. Home prices in 40409 are now at a median cost of $128,125, lower than the Kentucky average of $219,615.
The average cost of rent is $718/mo in 40409, primarily driven by the current value of real estate in the 40409 area. In 40409, 27.53% of households rent, and 57.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40409 is $4,522 per month. Households that rent pay about 15.88% of their income on rent here. 40409’s most expensive areas are in the southern regions, while the cheapest areas are in the central 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
- 40456, KY: equally priced homes
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- 42567, KY: equally priced homes
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Zip Codes with Similar Populations
- 06089, CT: higher priced homes
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