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These days, finding an affordable place to live in the 40824 area can be challenging. Home prices in 40824 are now at a median cost of $59,963, lower than the Kentucky average of $219,615.
The average cost of rent is $665/mo in 40824, primarily driven by the current value of real estate in the 40824 area. In 40824, 35.13% of households rent, and 66.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40824 is $3,362 per month. Households that rent pay about 19.78% of their income on rent here. 40824’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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: higher priced homes
- 40873, KY: higher priced homes
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- 40819, KY: higher priced homes
- 40829, KY: higher priced homes
- 40830, KY: higher priced homes
- 40810, KY: equally priced homes
- 40818, KY: higher priced homes
Zip Codes with Similar Populations
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