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These days, finding an affordable place to live in the 40854 area can be challenging. Home prices in 40854 are now at a median cost of $88,468, lower than the Kentucky average of $219,615.
The average cost of rent is $747/mo in 40854, primarily driven by the current value of real estate in the 40854 area. In 40854, 27.17% of households rent, and 62.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40854 is $4,623 per month. Households that rent pay about 16.16% of their income on rent here. 40854’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
- 40824, KY: less expensive homes
- 40806, KY: higher priced homes
- 40831, KY: higher priced homes
- 40873, KY: less expensive homes
- 40829, KY: higher priced homes
- 40810, KY: less expensive homes
- 40964, KY: less expensive homes
- 40830, KY: less expensive homes
- 40818, KY: equally priced homes
- 40801, KY: equally priced homes
Zip Codes with Similar Populations
- 02659, MA: higher priced homes
- 72469, AR: higher priced homes
- 65082, MO: higher priced homes
- 61942, IL: higher priced homes
- 59930, MT: higher priced homes
- 58646, ND: higher priced homes
- 58370, ND: higher priced homes
- 58369, ND: higher priced homes
- 54175, WI: higher priced homes
- 52320, IA: higher priced homes
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