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These days, finding an affordable place to live in the 40502 area can be challenging. Home prices in 40502 are now at a median cost of $544,530, higher than the Kentucky average of $219,615.
The average cost of rent is $1,186/mo in 40502, primarily driven by the current value of real estate in the 40502 area. In 40502, 42.49% of households rent, and 43.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40502 is $7,888 per month. Households that rent pay about 15.03% of their income on rent here. 40502’s most expensive areas are in the central 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
- 40526, KY: less expensive homes
- 40506, KY: less expensive homes
- 40507, KY: less expensive homes
- 40517, KY: less expensive homes
- 40508, KY: less expensive homes
- 40503, KY: less expensive homes
- 40505, KY: less expensive homes
- 40515, KY: less expensive homes
- 40509, KY: less expensive homes
- 40504, KY: less expensive homes
Zip Codes with Similar Populations
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- 76114, TX: less expensive homes
- 76034, TX: higher priced homes
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