HousingHandbookReference data

U.S. ZIP Code · KY40390

Jessamine County · Lexington-Fayette, KY

Typical home value

$312,876[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.3%
5-year / yr
+7.0%
10-year / yr
+6.9%

Relative price

vs U.S.
+10.1%
vs metro
-8.0%
vs state
+88.3%
ZIP 40390 location in KY
Location of ZIP 40390 in KY

Price history

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

The typical home in 40390 is worth $312,876 — 8.0% below the Lexington-Fayette, KY median. Over the past year, values have risen 0.3%. 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
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$2,302[3]

#Climate risk

FEMA National Risk Index ratings for Jessamine 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
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
7,429[3]
Median household income
$73,767[3]

#Migration

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

Net migration
+193[5]
Moved in
1,833
Moved out
1,640

Schools

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

Public schools
2
Elementary
1
Middle
0
High
1
  • Wilmore Elementary School

    Elementary · Grades 1–5 · Jessamine County

    469 students

  • The Providence School

    High · Grades 6–12 · Jessamine County

    150 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$1,582
Loan principal$250,301
Down payment$62,575
Total interest paid$319,245

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$2,036
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
65th percentile[1]
Rental yield
[2]
Property tax
39th percentile[3]

Frequently asked

How much is a home worth in ZIP code 40390?
The typical home in 40390 is worth $312,876, based on the Zillow Home Value Index.
Are home values rising in 40390?
Home values in 40390 are up 0.3% over the past year, and up 7.0% a year over five years.
What is the property tax rate in 40390?
The effective property tax rate in 40390 is 0.7% — roughly $2,302 a year on a typical home.
Who lives in 40390?
ZIP code 40390 has a population of 7,429 and a median household income of $73,767.

#Comparable ZIPs

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

  • Lexington-Fayette urban county, KY

    Typical home
    $314,302
    Gross yield
    7.0%
  • Sadieville, KY

    Typical home
    $323,251
    Gross yield
  • Nicholasville, KY

    Typical home
    $323,929
    Gross yield
    5.4%
  • Georgetown, KY

    Typical home
    $338,467
    Gross yield
    5.3%
  • Lexington-Fayette urban county, KY

    Typical home
    $341,760
    Gross yield
  • Lexington-Fayette urban county, KY

    Typical home
    $347,576
    Gross yield
    5.4%

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