U.S. ZIP Code · KY40342
Anderson County
Appreciation
- 1-year
- +1.7%
- 5-year / yr
- +8.0%
- 10-year / yr
- +7.5%
Relative price
- vs U.S.
- -8.6%
- vs metro
- —
- vs state
- +56.2%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 40342 is worth $259,585. Over the past year, values have risen 1.7%. Homes here rent for a typical $1,245 a month — a 5.8% 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.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Anderson 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
- Relatively Low
#Who lives here
#Migration
Household moves in and out of Anderson County over a year, from IRS tax-return data.
- Net migration
- +93[5]
- Moved in
- 706
- Moved out
- 613
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 7
- Elementary
- 4
- Middle
- 1
- High
- 1
Anderson County High School
High · Grades 9–12 · Anderson County
1,215 students
Anderson County Middle School
Middle · Grades 6–8 · Anderson County
722 students
Robert B. Turner Elementary School
Elementary · Grades K–5 · Anderson County
589 students
Emma B. Ward Elementary School
Elementary · Grades 1–5 · Anderson County
470 students
Saffell Street Elementary School
Elementary · Grades 1–5 · Anderson County
409 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 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.
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.
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.
Frequently asked
- How much is a home worth in ZIP code 40342?
- The typical home in 40342 is worth $259,585, based on the Zillow Home Value Index.
- Are home values rising in 40342?
- Home values in 40342 are up 1.7% over the past year, and up 8.0% a year over five years.
- What is the typical rent in 40342?
- A typical home in 40342 rents for about $1,245 a month, a gross rental yield of 5.8%.
- What is the property tax rate in 40342?
- The effective property tax rate in 40342 is 0.7% — roughly $1,873 a year on a typical home.
- Who lives in 40342?
- ZIP code 40342 has a population of 23,963 and a median household income of $74,408.
Compare ZIPs
Pit ZIP 40342 against any other ZIP — full side-by-side table.
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