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, KY

ZIP 40489 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40489

Median Home Value
$117,500
Median Rent
$393
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$755/mo PITI).

10%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

24.9 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 40489 in KY, a household would need roughly $32,000 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 $755. That sits below the local median household income ($49,205), 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
89.1%+36% vs US avg
x
Vacancy Rate
7.3%-30% vs US avg
x
Broadband Access
75.3%-13% vs US avg
x
4+ Bedrooms
3.3%-78% vs US avg
x
Built Pre-1939
2.4%-82% vs US avg
x
Built Post-2014
2.8%-59% vs US avg
x
Rent Burden >30%
31.6%-37% vs US avg
x
Mortgage-Free
58.9%+54% vs US avg
x
$117,500
Home Value
$393
Rent
1982
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

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

  • 1-unit detached75.2%
  • 1-unit attached2.5%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other22.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$117,500
Median rent$393
Owner-occupied89.1%
Vacant7.3%
Price-to-income2.4x
Est. income to buy$32,000