HousingHandbookReference data

U.S. ZIP Code · KY40330

Mercer County

Typical home value

$236,109[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.8%
5-year / yr
+6.4%
10-year / yr
+7.0%

Relative price

vs U.S.
-16.9%
vs metro
vs state
+42.1%
ZIP 40330 location in KY
Location of ZIP 40330 in KY

Price history

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

The typical home in 40330 is worth $236,109. Over the past year, values have fallen 0.8%. Homes here rent for a typical $835 a month — a 4.2% gross rental yield. 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
$835[2]
Gross yield
4.2%[2]
Cap rate
2.5%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$1,706[3]

#Climate risk

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

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

#Who lives here

Population
21,250[3]
Median household income
$63,992[3]

#Migration

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

Net migration
+141[5]
Moved in
729
Moved out
588

Schools

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

Public schools
7
Elementary
2
Middle
1
High
4
  • Mercer County Senior High School

    High · Grades 9–12 · Mercer County

    753 students

  • Mercer County Elementary School

    Elementary · Grades PK–2 · Mercer County

    728 students

  • Kenneth D. King Middle School

    Middle · Grades 6–8 · Mercer County

    620 students

  • Mercer County Intermediate School

    Elementary · Grades 3–5 · Mercer County

    565 students

  • Mercer Central

    High · Grades 9–12 · Mercer County

    46 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 yield4.2%
Net yield (after ~40% expenses)2.5%
Annual rent$10,020

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$188,887
Down payment$47,222
Total interest paid$240,915

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 ratio1.84
Monthly cost to own$1,532
Monthly rent$835

Renting is meaningfully cheaper month-to-month.

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 40330?
The typical home in 40330 is worth $236,109, based on the Zillow Home Value Index.
Are home values rising in 40330?
Home values in 40330 are down 0.8% over the past year, and up 6.4% a year over five years.
What is the typical rent in 40330?
A typical home in 40330 rents for about $835 a month, a gross rental yield of 4.2%.
What is the property tax rate in 40330?
The effective property tax rate in 40330 is 0.7% — roughly $1,706 a year on a typical home.
Who lives in 40330?
ZIP code 40330 has a population of 21,250 and a median household income of $63,992.

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