HousingHandbookReference data

U.S. ZIP Code · KY40350

Nicholas County

Typical home value

$234,024[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.6%
5-year / yr
10-year / yr

Relative price

vs U.S.
-17.6%
vs metro
vs state
+40.8%
ZIP 40350 location in KY
Location of ZIP 40350 in KY

Price history

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

The typical home in 40350 is worth $234,024. Over the past year, values have fallen 1.6%.

#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
[3]
Typical annual tax
[3]

#Climate risk

FEMA National Risk Index ratings for Nicholas 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 Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
73[3]
Median household income
[3]

#Migration

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

Net migration
-52[5]
Moved in
140
Moved out
192

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$1,183
Loan principal$187,219
Down payment$46,805
Total interest paid$238,788

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$1,612
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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 40350?
The typical home in 40350 is worth $234,024, based on the Zillow Home Value Index.
Are home values rising in 40350?
Home values in 40350 are down 1.6% over the past year.

Compare ZIPs

Pit ZIP 40350 against any other ZIP — full side-by-side table.

Compare 40350

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