HousingHandbookReference data

U.S. ZIP Code · KY40219

Jefferson County · Louisville/Jefferson County, KY-IN

Typical home value

$236,201[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.8%
5-year / yr
+5.9%
10-year / yr
+7.0%

Relative price

vs U.S.
-16.9%
vs metro
-12.3%
vs state
+42.2%
ZIP 40219 location in KY
Location of ZIP 40219 in KY

Price history

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

The typical home in 40219 is worth $236,201 — 12.3% below the Louisville/Jefferson County, KY-IN median. Over the past year, values have risen 5.8%. Homes here rent for a typical $1,504 a month — a 7.6% gross rental yield. 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
$1,504[2]
Gross yield
7.6%[2]
Cap rate
4.6%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$1,917[3]

#Climate risk

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

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

#Who lives here

Population
39,909[3]
Median household income
$55,720[3]

#Migration

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

Net migration
-1,585[5]
Moved in
15,433
Moved out
17,018

Schools

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

Public schools
8
Elementary
6
Middle
1
High
1
  • Southern High

    High · Grades 9–12 · Jefferson County

    1,540 students

  • Thomas Jefferson Middle

    Middle · Grades 6–8 · Jefferson County

    894 students

  • Hartstern Elementary

    Elementary · Grades PK–5 · Jefferson County

    567 students

  • Blake Elementary

    Elementary · Grades PK–5 · Jefferson County

    546 students

  • Rangeland Elementary

    Elementary · Grades K–5 · Jefferson County

    504 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 yield7.6%
Net yield (after ~40% expenses)4.6%
Annual rent$18,050

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$1,194
Loan principal$188,961
Down payment$47,240
Total interest paid$241,009

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 ratio1.03
Monthly cost to own$1,551
Monthly rent$1,504

Owning and renting are roughly even.

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
64th percentile[1]
Rental yield
74th percentile[2]
Property tax
65th percentile[3]

Frequently asked

How much is a home worth in ZIP code 40219?
The typical home in 40219 is worth $236,201, based on the Zillow Home Value Index.
Are home values rising in 40219?
Home values in 40219 are up 5.8% over the past year, and up 5.9% a year over five years.
What is the typical rent in 40219?
A typical home in 40219 rents for about $1,504 a month, a gross rental yield of 7.6%.
What is the property tax rate in 40219?
The effective property tax rate in 40219 is 0.8% — roughly $1,917 a year on a typical home.
Who lives in 40219?
ZIP code 40219 has a population of 39,909 and a median household income of $55,720.

#Comparable ZIPs

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

  • New Albany, IN

    Typical home
    $235,992
    Gross yield
    6.4%
  • Mauckport, IN

    Typical home
    $234,373
    Gross yield
  • KY

    Typical home
    $238,094
    Gross yield
  • New Pekin, IN

    Typical home
    $234,246
    Gross yield
  • KY

    Typical home
    $238,504
    Gross yield
  • Palmyra, IN

    Typical home
    $233,537
    Gross yield

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