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These days, finding an affordable place to live in the 42406 area can be challenging. Home prices in 42406 are now at a median cost of $197,937, lower than the Kentucky average of $219,615.
The average cost of rent is $819/mo in 42406, primarily driven by the current value of real estate in the 42406 area. In 42406, 18.61% of households rent, and 51.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 42406 is $6,260 per month. Households that rent pay about 13.08% of their income on rent here. 42406’s most expensive areas are in the southern 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
- 42462, KY: less expensive homes
- 42452, KY: less expensive homes
- 42420, KY: equally priced homes
- 42455, KY: less expensive homes
- 42437, KY: less expensive homes
- 42461, KY: less expensive homes
- 42458, KY: less expensive homes
- 42322, KY: equally priced homes
- 42451, KY: less expensive homes
- 42356, KY: higher priced homes
Zip Codes with Similar Populations
- 16262, PA: equally priced homes
- 28385, NC: less expensive homes
- 30182, GA: higher priced homes
- 49310, MI: equally priced homes
- 98813, WA: higher priced homes
- 03576, NH: equally priced homes
- 88312, NM: higher priced homes
- 72101, AR: less expensive homes
- 71957, AR: less expensive homes
- 62670, IL: equally priced homes
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