HousingHandbookReference data

U.S. ZIP Code · KY40906

Knox County

Typical home value

$137,818[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-5.9%
5-year / yr
+5.6%
10-year / yr
+6.1%

Relative price

vs U.S.
-51.5%
vs metro
vs state
-17.1%
ZIP 40906 location in KY
Location of ZIP 40906 in KY

Price history

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

The typical home in 40906 is worth $137,818. Over the past year, values have fallen 5.9%. 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
$996[3]

#Climate risk

FEMA National Risk Index ratings for Knox 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
Relatively Low
Drought
Very Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
10,813[3]
Median household income
$23,375[3]

#Migration

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

Net migration
+10[5]
Moved in
681
Moved out
671

Schools

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

Public schools
13
Elementary
3
Middle
1
High
7
  • Knox Central High School

    High · Grades 9–12 · Knox County

    751 students

  • Barbourville City School

    Other · Grades PK–12 · Barbourville Independent

    731 students

  • Knox County Middle School

    Middle · Grades 6–8 · Knox County

    530 students

  • Central Elementary School

    Elementary · Grades PK–5 · Knox County

    311 students

  • Jesse D Lay Elementary School

    Elementary · Grades PK–5 · Knox County

    306 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$697
Loan principal$110,254
Down payment$27,564
Total interest paid$140,623

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$894
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 40906?
The typical home in 40906 is worth $137,818, based on the Zillow Home Value Index.
Are home values rising in 40906?
Home values in 40906 are down 5.9% over the past year, and up 5.6% a year over five years.
What is the property tax rate in 40906?
The effective property tax rate in 40906 is 0.7% — roughly $996 a year on a typical home.
Who lives in 40906?
ZIP code 40906 has a population of 10,813 and a median household income of $23,375.

Compare ZIPs

Pit ZIP 40906 against any other ZIP — full side-by-side table.

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