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These days, finding an affordable place to live in the 40806 area can be challenging. Home prices in 40806 are now at a median cost of $98,264, lower than the Kentucky average of $219,615.
The average cost of rent is $705/mo in 40806, primarily driven by the current value of real estate in the 40806 area. In 40806, 24.64% of households rent, and 56.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40806 is $5,674 per month. Households that rent pay about 12.43% of their income on rent here. 40806’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern 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
- 40854, KY: less expensive homes
- 40810, KY: less expensive homes
- 40831, KY: equally priced homes
- 40824, KY: less expensive homes
- 40801, KY: less expensive homes
- 40829, KY: equally priced homes
- 40818, KY: less expensive homes
- 40873, KY: less expensive homes
- 40865, KY: less expensive homes
- 40964, KY: less expensive homes
Zip Codes with Similar Populations
- 44046, OH: higher priced homes
- 99148, WA: higher priced homes
- 96772, HI: higher priced homes
- 87321, NM: equally priced homes
- 85173, AZ: higher priced homes
- 77482, TX: higher priced homes
- 76648, TX: higher priced homes
- 71846, AR: higher priced homes
- 48414, MI: higher priced homes
- 12207, NY: higher priced homes
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