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These days, finding an affordable place to live in the 40511 area can be challenging. Home prices in 40511 are now at a median cost of $283,023, higher than the Kentucky average of $219,615.
The average cost of rent is $1,371/mo in 40511, primarily driven by the current value of real estate in the 40511 area. In 40511, 39.38% of households rent, and 31.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40511 is $7,181 per month. Households that rent pay about 19.09% of their income on rent here. 40511’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 40508, KY: less expensive homes
- 40507, KY: higher priced homes
- 40504, KY: less expensive homes
- 40505, KY: less expensive homes
- 40510, KY: higher priced homes
- 40506, KY: equally priced homes
- 40526, KY: equally priced homes
- 40502, KY: higher priced homes
- 40503, KY: higher priced homes
- 40513, KY: higher priced homes
Zip Codes with Similar Populations
- 27609, NC: higher priced homes
- 53132, WI: higher priced homes
- 30161, GA: less expensive homes
- 00602, PR: less expensive homes
- 53211, WI: higher priced homes
- 29407, SC: higher priced homes
- 29301, SC: less expensive homes
- 29063, SC: equally priced homes
- 28792, NC: equally priced homes
- 28677, NC: less expensive homes
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