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These days, finding an affordable place to live in the 42740 area can be challenging. Home prices in 42740 are now at a median cost of $297,319, higher than the Kentucky average of $219,615.
The average cost of rent is $863/mo in 42740, primarily driven by the current value of real estate in the 42740 area. In 42740, 13.29% of households rent, and 45.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 42740 is $8,659 per month. Households that rent pay about 9.96% of their income on rent here. 42740’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 42776, KY: less expensive homes
- 42724, KY: less expensive homes
- 42788, KY: equally priced homes
- 42701, KY: less expensive homes
- 42732, KY: less expensive homes
- 42748, KY: less expensive homes
- 40162, KY: equally priced homes
- 42712, KY: less expensive homes
- 40107, KY: less expensive homes
- 40115, KY: less expensive homes
Zip Codes with Similar Populations
- 79019, TX: less expensive homes
- 29525, SC: less expensive homes
- 82939, WY: less expensive homes
- 36321, AL: less expensive homes
- 36912, AL: less expensive homes
- 39108, MS: less expensive homes
- 39747, MS: less expensive homes
- 81410, CO: higher priced homes
- 41121, KY: less expensive homes
- 42039, KY: less expensive homes
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