US5.com
  1. Home
  2. States
  3. Kentucky
  4. ZIP 40059
  5. Housing & Real Estate
Louisville/Jefferson County metro government (balance), KY

ZIP 40059 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40059

Median Home Value
$533,800
Median Rent
$1,598
Affordability Snapshot
$147,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,429/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

27.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 40059 in Louisville/Jefferson County metro government (balance), KY, a household would need roughly $147,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,429. That sits below the local median household income ($165,000), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
88.2%+35% vs US avg
x
Vacancy Rate
5.6%-46% vs US avg
x
Broadband Access
95.5%+10% vs US avg
x
4+ Bedrooms
24.2%+63% vs US avg
x
Built Pre-1939
0.3%-97% vs US avg
x
Built Post-2014
2.3%-67% vs US avg
x
Rent Burden >30%
18.4%-63% vs US avg
x
Mortgage-Free
34.3%-10% vs US avg
x
$533,800
Home Value
$1,598
Rent
1998
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.9%
  • 1-unit attached7.1%
  • 2-9 units5.4%
  • 10+ units5.5%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$533,800
Median rent$1,598
Owner-occupied88.2%
Vacant5.6%
Price-to-income3.2x
Est. income to buy$147,000