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These days, finding an affordable place to live in the 42040 area can be challenging. Home prices in 42040 are now at a median cost of $137,826, lower than the Kentucky average of $219,615.
The average cost of rent is $799/mo in 42040, primarily driven by the current value of real estate in the 42040 area. In 42040, 14.17% of households rent, and 48.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 42040 is $5,474 per month. Households that rent pay about 14.60% of their income on rent here. 42040’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 42079, KY: higher priced homes
- 42054, KY: equally priced homes
- 42066, KY: equally priced homes
- 42071, KY: higher priced homes
- 42020, KY: higher priced homes
- 42049, KY: higher priced homes
- 42088, KY: higher priced homes
- 42036, KY: less expensive homes
- 42048, KY: equally priced homes
- 42085, KY: less expensive homes
Zip Codes with Similar Populations
- 49268, MI: higher priced homes
- 76621, TX: higher priced homes
- 74957, OK: equally priced homes
- 57345, SD: higher priced homes
- 50510, IA: less expensive homes
- 50229, IA: higher priced homes
- 49958, MI: equally priced homes
- 49818, MI: higher priced homes
- 49675, MI: higher priced homes
- 77456, TX: equally priced homes
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