US5.com
  1. Home
  2. States
  3. ZIP 40255
  4. Housing & Real Estate
,

ZIP 40255 — Housing & Real Estate

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

Upper Middle ClassRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40255

Median Home Value
$351,100
Median Rent
$1,138
Affordability Snapshot
$97,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,255/mo PITI).

13%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

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

25.7 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 40255, a household would need roughly $97,000 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 $2,255. That is roughly in line with the local median household income ($105,125). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics

Historic housing stock (22% built before 1939)

Owner Occupied
91.3%+40% vs US avg
x
Vacancy Rate
3.0%-71% vs US avg
x
Broadband Access
93.3%+7% vs US avg
x
4+ Bedrooms
4.7%-68% vs US avg
x
Built Pre-1939
21.7%+70% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
20.9%-58% vs US avg
x
Mortgage-Free
34.5%-10% vs US avg
x
$351,100
Home Value
$1,138
Rent
1938
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached95.9%
  • 1-unit attached0.0%
  • 2-9 units4.1%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$351,100
Median rent$1,138
Owner-occupied91.3%
Vacant3.0%
Price-to-income3.3x
Est. income to buy$97,000