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These days, finding an affordable place to live in the 40855 area can be challenging. Home prices in 40855 are now at a median cost of $58,397, lower than the Kentucky average of $219,615.
The average cost of rent is $882/mo in 40855, primarily driven by the current value of real estate in the 40855 area. In 40855, 33.04% of households rent, and 84.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40855 is $2,549 per month. Households that rent pay about 34.61% of their income on rent here. 40855’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 40807, KY: less expensive homes
- 40862, KY: less expensive homes
- 40823, KY: higher priced homes
- 41833, KY: higher priced homes
- 40843, KY: less expensive homes
- 24216, VA: equally priced homes
- 24265, VA: equally priced homes
- 40927, KY: less expensive homes
- 41819, KY: higher priced homes
- 41821, KY: equally priced homes
Zip Codes with Similar Populations
- 61039, IL: higher priced homes
- 54563, WI: higher priced homes
- 56083, MN: higher priced homes
- 56327, MN: higher priced homes
- 56521, MN: higher priced homes
- 56650, MN: higher priced homes
- 57034, SD: higher priced homes
- 57235, SD: higher priced homes
- 58005, ND: higher priced homes
- 52535, IA: higher priced homes
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