HousingHandbookReference data

U.S. ZIP Code · KY41840

Letcher County

Typical home value

$53,201[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-25.8%
5-year / yr
-3.7%
10-year / yr
+2.0%

Relative price

vs U.S.
-81.3%
vs metro
vs state
-68.0%
ZIP 41840 location in KY
Location of ZIP 41840 in KY

Price history

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

The typical home in 41840 is worth $53,201. Over the past year, values have fallen 25.8%. The effective property tax rate is 0.5%.

#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
0.5%[3]
Typical annual tax
$276[3]

#Climate risk

FEMA National Risk Index ratings for Letcher County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
No Rating
Heat wave
Very Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
1,245[3]
Median household income
$58,428[3]

#Migration

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

Net migration
-91[5]
Moved in
203
Moved out
294

Schools

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

Public schools
1
Elementary
0
Middle
1
High
0
  • Fleming Neon Middle School

    Middle · Grades 6–8 · Letcher County

    137 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$269
Loan principal$42,561
Down payment$10,640
Total interest paid$54,284

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$336
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 41840?
The typical home in 41840 is worth $53,201, based on the Zillow Home Value Index.
Are home values rising in 41840?
Home values in 41840 are down 25.8% over the past year, and down 3.7% a year over five years.
What is the property tax rate in 41840?
The effective property tax rate in 41840 is 0.5% — roughly $276 a year on a typical home.
Who lives in 41840?
ZIP code 41840 has a population of 1,245 and a median household income of $58,428.

Compare ZIPs

Pit ZIP 41840 against any other ZIP — full side-by-side table.

Compare 41840

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