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These days, finding an affordable place to live in the 40906 area can be challenging. Home prices in 40906 are now at a median cost of $134,626, lower than the Kentucky average of $219,615.
The average cost of rent is $748/mo in 40906, primarily driven by the current value of real estate in the 40906 area. In 40906, 39.61% of households rent, and 61.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40906 is $2,732 per month. Households that rent pay about 27.39% of their income on rent here. 40906’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern 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
- 40949, KY: higher priced homes
- 40915, KY: equally priced homes
- 40923, KY: equally priced homes
- 40903, KY: less expensive homes
- 40943, KY: less expensive homes
- 40953, KY: equally priced homes
- 40734, KY: higher priced homes
- 40935, KY: less expensive homes
- 40921, KY: less expensive homes
- 40946, KY: equally priced homes
Zip Codes with Similar Populations
- 12414, NY: higher priced homes
- 12209, NY: higher priced homes
- 11777, NY: higher priced homes
- 07075, NJ: higher priced homes
- 07463, NJ: higher priced homes
- 07607, NJ: higher priced homes
- 07876, NJ: higher priced homes
- 08251, NJ: higher priced homes
- 08889, NJ: higher priced homes
- 10280, NY: higher priced homes
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