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These days, finding an affordable place to live in the 42516 area can be challenging. Home prices in 42516 are now at a median cost of $110,890, lower than the Kentucky average of $164,895.
The average cost of rent is $657/mo in 42516, primarily driven by the current value of real estate in the 42516 area. While nearly 65.27% of residents own their homes outright in 42516, 19.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 42516 is $2,891 per month. Households that rent pay about 22.74% of their income on rent here. 42516's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 42566, KY: less expensive homes
- 42553, KY: equally priced homes
- 42565, KY: less expensive homes
- 42567, KY: less expensive homes
- 40442, KY: less expensive homes
- 42541, KY: less expensive homes
- 42539, KY: equally priced homes
- 40489, KY: less expensive homes
- 42528, KY: equally priced homes
- 42753, KY: less expensive homes
Zip Codes with Similar Populations
- 24595, VA: higher priced homes
- 18083, PA: higher priced homes
- 98830, WA: higher priced homes
- 18456, PA: higher priced homes
- 98829, WA: higher priced homes
- 19944, DE: higher priced homes
- 41149, KY: less expensive homes
- 22943, VA: higher priced homes
- 98533, WA: higher priced homes
- 42151, KY: equally priced homes
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