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These days, finding an affordable place to live in the 40840 area can be challenging. Home prices in 40840 are now at a median cost of $61,726, lower than the Kentucky average of $164,895.
The average cost of rent is $619/mo in 40840, primarily driven by the current value of real estate in the 40840 area. While nearly 71.98% of residents own their homes outright in 40840, 21.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40840 is $2,681 per month. Households that rent pay about 23.08% of their income on rent here. 40840's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 40874, KY: less expensive homes
- 40810, KY: equally priced homes
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- 40979, KY: less expensive homes
- 40806, KY: higher priced homes
- 40816, KY: equally priced homes
- 40854, KY: higher priced homes
- 40913, KY: less expensive homes
- 40824, KY: equally priced homes
Zip Codes with Similar Populations
- 40863, KY: less expensive homes
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- 42741, KY: higher priced homes
- 97839, OR: higher priced homes
- 41659, KY: higher priced homes
- 41606, KY: less expensive homes
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