HousingHandbookReference data

U.S. ZIP Code · KY40008

Nelson County · Louisville/Jefferson County, KY-IN

Typical home value

$259,668[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.4%
5-year / yr
+6.2%
10-year / yr
+7.8%

Relative price

vs U.S.
-8.6%
vs metro
-3.6%
vs state
+56.3%
ZIP 40008 location in KY
Location of ZIP 40008 in KY

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 40008 is worth $259,668 — 3.6% below the Louisville/Jefferson County, KY-IN median. Over the past year, values have risen 2.4%. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$1,884[3]

#Climate risk

FEMA National Risk Index ratings for Nelson County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
4,020[3]
Median household income
$66,486[3]

#Migration

Household moves in and out of Nelson County over a year, from IRS tax-return data.

Net migration
+146[5]
Moved in
1,145
Moved out
999

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
1
Middle
1
High
0
  • Bloomfield Middle School

    Middle · Grades 6–8 · Nelson County

    305 students

  • Bloomfield Elementary School

    Elementary · Grades K–5 · Nelson County

    230 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,313
Loan principal$207,735
Down payment$51,934
Total interest paid$264,954

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,687
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
73rd percentile[1]
Rental yield
[2]
Property tax
47th percentile[3]

Frequently asked

How much is a home worth in ZIP code 40008?
The typical home in 40008 is worth $259,668, based on the Zillow Home Value Index.
Are home values rising in 40008?
Home values in 40008 are up 2.4% over the past year, and up 6.2% a year over five years.
What is the property tax rate in 40008?
The effective property tax rate in 40008 is 0.7% — roughly $1,884 a year on a typical home.
Who lives in 40008?
ZIP code 40008 has a population of 4,020 and a median household income of $66,486.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Laconia, IN

    Typical home
    $258,277
    Gross yield
  • KY

    Typical home
    $257,909
    Gross yield
  • Bardstown, KY

    Typical home
    $263,758
    Gross yield
  • Jeffersonville, IN

    Typical home
    $254,044
    Gross yield
    6.3%
  • Elizabeth, IN

    Typical home
    $266,113
    Gross yield
  • Louisville/Jefferson County metro government (balance), KY

    Typical home
    $252,789
    Gross yield
    7.0%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 40008 against any other ZIP — full side-by-side table.

Compare 40008

#Jump to section