U.S. ZIP Code · KY40601
Franklin County
Appreciation
- 1-year
- -1.7%
- 5-year / yr
- +6.5%
- 10-year / yr
- +6.1%
Relative price
- vs U.S.
- -14.6%
- vs metro
- —
- vs state
- +46.1%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 40601 is worth $242,689. Over the past year, values have fallen 1.7%. Homes here rent for a typical $1,125 a month — a 5.6% 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 Franklin County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively 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
- Relatively Low
- Winter weather
- Relatively Moderate
#Who lives here
#Migration
Household moves in and out of Franklin County over a year, from IRS tax-return data.
- Net migration
- +125[5]
- Moved in
- 1,500
- Moved out
- 1,375
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 18
- Elementary
- 8
- Middle
- 2
- High
- 7
Franklin County High School
High · Grades 9–12 · Franklin County
968 students
Western Hills High School
High · Grades 9–12 · Franklin County
855 students
Elkhorn Middle School
Middle · Grades 6–8 · Franklin County
720 students
Bondurant Middle School
Middle · Grades 6–8 · Franklin County
599 students
Second Street School
Elementary · Grades K–8 · Frankfort Independent
585 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.
Rankings
Top-10 lists this ZIP code appears on.
Frequently asked
- How much is a home worth in ZIP code 40601?
- The typical home in 40601 is worth $242,689, based on the Zillow Home Value Index.
- Are home values rising in 40601?
- Home values in 40601 are down 1.7% over the past year, and up 6.5% a year over five years.
- What is the typical rent in 40601?
- A typical home in 40601 rents for about $1,125 a month, a gross rental yield of 5.6%.
- What is the property tax rate in 40601?
- The effective property tax rate in 40601 is 0.7% — roughly $1,740 a year on a typical home.
- Who lives in 40601?
- ZIP code 40601 has a population of 51,893 and a median household income of $65,732.
Compare ZIPs
Pit ZIP 40601 against any other ZIP — full side-by-side table.
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