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ZIP 40259 — Housing & Real Estate

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

Middle Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40259

Median Home Value
$197,000
Median Rent
$843
Affordability Snapshot
$54,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,265/mo PITI).

16%
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.

19.5 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 40259, a household would need roughly $54,000 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 $1,265. That sits below the local median household income ($62,509), 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

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
33.2%-49% vs US avg
x
Vacancy Rate
10.2%-1% vs US avg
x
Broadband Access
93.4%+7% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
20.9%-58% vs US avg
x
Mortgage-Free
28.1%-26% vs US avg
x
$197,000
Home Value
$843
Rent
1981
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached33.5%
  • 1-unit attached1.5%
  • 2-9 units34.0%
  • 10+ units29.8%
  • Mobile home & other1.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$197,000
Median rent$843
Owner-occupied33.2%
Vacant10.2%
Price-to-income3.2x
Est. income to buy$54,000