Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the 40940 area can be challenging. Home prices in 40940 are now at a median cost of $95,560, lower than the Kentucky average of $219,615.
The average cost of rent is $827/mo in 40940, primarily driven by the current value of real estate in the 40940 area. In 40940, 7.22% of households rent, and 63.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40940 is $4,876 per month. Households that rent pay about 16.97% of their income on rent here. 40940’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
- 37851, TN: equally priced homes
- 37715, TN: equally priced homes
- 40763, KY: less expensive homes
- 37730, TN: equally priced homes
- 37729, TN: higher priced homes
- 40921, KY: less expensive homes
- 37762, TN: higher priced homes
- 40995, KY: less expensive homes
- 40965, KY: equally priced homes
- 40769, KY: higher priced homes
Zip Codes with Similar Populations
- 58487, ND: higher priced homes
- 72346, AR: less expensive homes
- 69217, NE: higher priced homes
- 66769, KS: equally priced homes
- 64722, MO: higher priced homes
- 61485, IL: higher priced homes
- 61042, IL: higher priced homes
- 60029, IL: higher priced homes
- 59934, MT: higher priced homes
- 59826, MT: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood