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These days, finding an affordable place to live in the 40437 area can be challenging. Home prices in 40437 are now at a median cost of $159,550, lower than the Kentucky average of $219,615.
The average cost of rent is $755/mo in 40437, primarily driven by the current value of real estate in the 40437 area. In 40437, 14.07% of households rent, and 54.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40437 is $4,532 per month. Households that rent pay about 16.66% of their income on rent here. 40437’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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
- 40448, KY: less expensive homes
- 42541, KY: less expensive homes
- 40440, KY: less expensive homes
- 40484, KY: equally priced homes
- 40442, KY: equally priced homes
- 40464, KY: higher priced homes
- 40489, KY: less expensive homes
- 42539, KY: less expensive homes
- 40328, KY: less expensive homes
- 40009, KY: less expensive homes
Zip Codes with Similar Populations
- 03748, NH: higher priced homes
- 61910, IL: equally priced homes
- 54171, WI: higher priced homes
- 54426, WI: higher priced homes
- 54552, WI: equally priced homes
- 54771, WI: higher priced homes
- 56143, MN: equally priced homes
- 56288, MN: higher priced homes
- 56474, MN: higher priced homes
- 57013, SD: higher priced homes
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