HousingHandbookReference data

U.S. ZIP Code · KY40050

Henry County · Louisville/Jefferson County, KY-IN

Typical home value

$216,921[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.5%
5-year / yr
+5.8%
10-year / yr
+6.9%

Relative price

vs U.S.
-23.6%
vs metro
-19.5%
vs state
+30.5%
ZIP 40050 location in KY
Location of ZIP 40050 in KY

Price history

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

The typical home in 40050 is worth $216,921 — 19.5% below the Louisville/Jefferson County, KY-IN median. Over the past year, values have fallen 3.5%. The effective property tax rate is 0.8%.

#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
0.8%[3]
Typical annual tax
$1,720[3]

#Climate risk

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

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

#Who lives here

Population
2,045[3]
Median household income
$44,688[3]

#Migration

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

Net migration
+15[5]
Moved in
466
Moved out
451

Schools

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

Public schools
4
Elementary
1
Middle
1
High
1
  • Henry County High School

    High · Grades 9–12 · Henry County

    617 students

  • Henry County Middle School

    Middle · Grades 6–8 · Henry County

    419 students

  • New Castle Elementary School

    Elementary · Grades K–5 · Henry County

    334 students

  • Henry County Early Childhood

    Prekindergarten · Grades PK · Henry County

    117 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$1,097
Loan principal$173,536
Down payment$43,384
Total interest paid$221,336

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$1,420
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
63rd percentile[1]
Rental yield
[2]
Property tax
62nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 40050?
The typical home in 40050 is worth $216,921, based on the Zillow Home Value Index.
Are home values rising in 40050?
Home values in 40050 are down 3.5% over the past year, and up 5.8% a year over five years.
What is the property tax rate in 40050?
The effective property tax rate in 40050 is 0.8% — roughly $1,720 a year on a typical home.
Who lives in 40050?
ZIP code 40050 has a population of 2,045 and a median household income of $44,688.

#Comparable ZIPs

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

  • Chaplin CDP, KY

    Typical home
    $217,528
    Gross yield
  • Louisville/Jefferson County metro government (balance), KY

    Typical home
    $219,686
    Gross yield
    6.6%
  • Louisville/Jefferson County metro government (balance), KY

    Typical home
    $221,014
    Gross yield
    6.8%
  • Louisville, KY

    Typical home
    $212,717
    Gross yield
  • Louisville/Jefferson County metro government (balance), KY

    Typical home
    $211,994
    Gross yield
    7.6%
  • New Haven, KY

    Typical home
    $211,500
    Gross yield

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