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, KY

ZIP 40385 — 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 40385

Median Home Value
$176,000
Median Rent
$377
Affordability Snapshot
$48,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,131/mo PITI).

8%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

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

38.9 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 40385 in KY, a household would need roughly $48,000 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 $1,131. That sits below the local median household income ($58,092), 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 27% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
80.5%+23% vs US avg
x
Vacancy Rate
26.8%+160% vs US avg
x
Broadband Access
75.8%-13% vs US avg
x
4+ Bedrooms
2.0%-87% vs US avg
x
Built Pre-1939
2.1%-83% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
12.3%-75% vs US avg
x
Mortgage-Free
46.3%+21% vs US avg
x
$176,000
Home Value
$377
Rent
1991
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached81.2%
  • 1-unit attached0.7%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other18.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$176,000
Median rent$377
Owner-occupied80.5%
Vacant26.8%
Price-to-income3.0x
Est. income to buy$48,000