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These days, finding an affordable place to live in the 40863 area can be challenging. Home prices in 40863 are now at a median cost of $35,327, lower than the Kentucky average of $219,615.
The average cost of rent is $680/mo in 40863, primarily driven by the current value of real estate in the 40863 area. In 40863, 7.72% of households rent, and 85.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40863 is $4,025 per month. Households that rent pay about 16.90% of their income on rent here. 40863’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
- 40845, KY: higher priced homes
- 40819, KY: higher priced homes
- 40856, KY: higher priced homes
- 40873, KY: higher priced homes
- 40988, KY: higher priced homes
- 40824, KY: higher priced homes
- 40830, KY: higher priced homes
- 40964, KY: higher priced homes
- 40813, KY: higher priced homes
- 40958, KY: higher priced homes
Zip Codes with Similar Populations
- 36722, AL: higher priced homes
- 45886, OH: higher priced homes
- 45835, OH: higher priced homes
- 45646, OH: higher priced homes
- 41564, KY: higher priced homes
- 41264, KY: higher priced homes
- 40870, KY: higher priced homes
- 40840, KY: higher priced homes
- 39836, GA: higher priced homes
- 39166, MS: higher priced homes
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