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These days, finding an affordable place to live in the 40874 area can be challenging. Home prices in 40874 are now at a median cost of $64,798, lower than the Kentucky average of $219,615.
The average cost of rent is $587/mo in 40874, primarily driven by the current value of real estate in the 40874 area. In 40874, 5.55% of households rent, and 71.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40874 is $3,303 per month. Households that rent pay about 17.78% of their income on rent here. 40874’s most expensive areas are in the central regions, while the cheapest areas are in the eastern 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
- 40979, KY: equally priced homes
- 40858, KY: equally priced homes
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- 40803, KY: less expensive homes
- 40913, KY: less expensive homes
- 40844, KY: higher priced homes
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- 40816, KY: higher priced homes
- 40810, KY: equally priced homes
Zip Codes with Similar Populations
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