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These days, finding an affordable place to live in the 40997 area can be challenging. Home prices in 40997 are now at a median cost of $81,900, lower than the Kentucky average of $164,895.
The average cost of rent is $605/mo in 40997, primarily driven by the current value of real estate in the 40997 area. While nearly 83.72% of residents own their homes outright in 40997, 48.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40997 is $770 per month. Households that rent pay about 78.57% of their income on rent here. 40997's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 40982, KY: less expensive homes
- 40935, KY: higher priced homes
- 40902, KY: equally priced homes
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- 40915, KY: higher priced homes
- 40953, KY: equally priced homes
- 40958, KY: less expensive homes
- 40903, KY: less expensive homes
- 40923, KY: less expensive homes
- 40946, KY: equally priced homes
Zip Codes with Similar Populations
- 40763, KY: less expensive homes
- 85347, AZ: higher priced homes
- 84644, UT: higher priced homes
- 84031, UT: higher priced homes
- 83526, ID: higher priced homes
- 83466, ID: higher priced homes
- 83272, ID: higher priced homes
- 83244, ID: higher priced homes
- 82943, WY: less expensive homes
- 82432, WY: higher priced homes
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