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These days, finding an affordable place to live in the 40740 area can be challenging. Home prices in 40740 are now at a median cost of $108,143, lower than the Kentucky average of $164,895.
The average cost of rent is $732/mo in 40740, primarily driven by the current value of real estate in the 40740 area. While nearly 50.78% of residents own their homes outright in 40740, 29.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40740 is $3,936 per month. Households that rent pay about 18.60% of their income on rent here. 40740's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 40744, KY: higher priced homes
- 40737, KY: equally priced homes
- 40743, KY: higher priced homes
- 40701, KY: higher priced homes
- 40734, KY: equally priced homes
- 40741, KY: equally priced homes
- 40943, KY: less expensive homes
- 40923, KY: less expensive homes
- 40946, KY: less expensive homes
- 40953, KY: less expensive homes
Zip Codes with Similar Populations
- 13476, NY: higher priced homes
- 14025, NY: higher priced homes
- 03269, NH: higher priced homes
- 99166, WA: higher priced homes
- 98610, WA: higher priced homes
- 95428, CA: higher priced homes
- 92521, CA: higher priced homes
- 65338, MO: higher priced homes
- 52591, IA: equally priced homes
- 43758, OH: equally priced homes
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