US5.com
  1. Home
  2. States
  3. Kentucky
  4. ZIP 40222
  5. Housing & Real Estate
Louisville/Jefferson County metro government (balance), KY

ZIP 40222 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40222

Median Home Value
$347,000
Median Rent
$1,186
Affordability Snapshot
$96,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,229/mo PITI).

17%
Rent-to-Income Ratio

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

4.3x
Home Price-to-Income Ratio

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

24.4 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 40222 in Louisville/Jefferson County metro government (balance), KY, a household would need roughly $96,000 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 $2,229. That is about 18% above the local median household income ($81,623), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
56.0%-14% vs US avg
x
Vacancy Rate
7.0%-32% vs US avg
x
Broadband Access
89.6%+3% vs US avg
x
4+ Bedrooms
5.2%-65% vs US avg
x
Built Pre-1939
2.5%-81% vs US avg
x
Built Post-2014
2.1%-69% vs US avg
x
Rent Burden >30%
18.3%-63% vs US avg
x
Mortgage-Free
39.4%+3% vs US avg
x
$347,000
Home Value
$1,186
Rent
1978
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached51.0%
  • 1-unit attached4.4%
  • 2-9 units21.5%
  • 10+ units23.0%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$347,000
Median rent$1,186
Owner-occupied56.0%
Vacant7.0%
Price-to-income4.3x
Est. income to buy$96,000