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These days, finding an affordable place to live in the 42501 area can be challenging. Home prices in 42501 are now at a median cost of $145,542, lower than the Kentucky average of $219,615.
The average cost of rent is $801/mo in 42501, primarily driven by the current value of real estate in the 42501 area. In 42501, 36.98% of households rent, and 47.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 42501 is $4,307 per month. Households that rent pay about 18.60% of their income on rent here. 42501’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 42533, KY: equally priced homes
- 42503, KY: higher priced homes
- 42519, KY: less expensive homes
- 42518, KY: equally priced homes
- 42553, KY: equally priced homes
- 42544, KY: higher priced homes
- 42565, KY: equally priced homes
- 40737, KY: less expensive homes
- 40743, KY: higher priced homes
- 42528, KY: equally priced homes
Zip Codes with Similar Populations
- 55127, MN: higher priced homes
- 28501, NC: less expensive homes
- 29575, SC: higher priced homes
- 31701, GA: less expensive homes
- 38901, MS: equally priced homes
- 39426, MS: higher priced homes
- 40228, KY: higher priced homes
- 45405, OH: less expensive homes
- 46319, IN: higher priced homes
- 47501, IN: higher priced homes
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