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These days, finding an affordable place to live in the 40847 area can be challenging. Home prices in 40847 are now at a median cost of $59,000, lower than the Kentucky average of $164,895.
The average cost of rent is $513/mo in 40847, primarily driven by the current value of real estate in the 40847 area. While nearly 59.46% of residents own their homes outright in 40847, 11.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40847 is $2,582 per month. Households that rent pay about 19.87% of their income on rent here. 40847's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 40828, KY: equally priced homes
- 40849, KY: less expensive homes
- 40801, KY: higher priced homes
- 40820, KY: less expensive homes
- 40865, KY: higher priced homes
- 40870, KY: higher priced homes
- 40815, KY: less expensive homes
- 40818, KY: less expensive homes
- 24282, VA: higher priced homes
- 40927, KY: less expensive homes
Zip Codes with Similar Populations
- 68923, NE: higher priced homes
- 71002, LA: higher priced homes
- 70773, LA: higher priced homes
- 70580, LA: higher priced homes
- 70513, LA: higher priced homes
- 70463, LA: higher priced homes
- 69355, NE: higher priced homes
- 69221, NE: higher priced homes
- 69157, NE: higher priced homes
- 71048, LA: equally priced homes
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