ZIP code 40831: income, home prices and cost of living

The median household income in ZIP 40831 is $29,746, which is 46% below the Kentucky median of $54,757 and 57% below the national figure. The typical home is valued at $112,900, and the median rent is $509/month. 52.4% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$29,746

Kentucky average
$54,75746%
National
$68,75057%

Median home value

$112,900

Kentucky average
$137,20018%
National
$209,60046%

Median gross rent

$509

Kentucky average
$78035%
National
$98448%

Median age

41.1 yrs

Kentucky average
40.6 yrs1%
National
41.0 yrs

Homeownership rate

52.4%

Kentucky average
75.8%31%
National
75.8%31%

Bachelor's degree or higher

6.6%

Kentucky average
9.6%31%
National
15.9%58%

How ZIP 40831 compares with Kentucky and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Kentucky

40769409064074440741407294070140962409654097741001

Or compare 40831 with 40769.

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What people search about ZIP 40831

Searches for the cost of living in 40831, the median household income in 40831, average rent in 40831 and home values in this part of Kentucky all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 40831, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.