How much is a home worth in ZIP code 42003?

The typical home in 42003 is worth $158,585, based on the Zillow Home Value Index.

Are home values rising in 42003?

Home values in 42003 are down 0.3% over the past year, and up 5.3% a year over five years.

What is the typical rent in 42003?

A typical home in 42003 rents for about $1,500 a month, a gross rental yield of 11.4%.

What is the property tax rate in 42003?

The effective property tax rate in 42003 is 0.7% — roughly $1,181 a year on a typical home.

ZIP code 42003 has a population of 29,672 and a median household income of $55,791.

HousingHandbookReference data

…

U.S. ZIP Code · KY42003

McCracken County · Paducah, KY-IL

Typical home value

$158,585^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.3%
5-year / yr: +5.3%
10-year / yr: +5.0%

Relative price

vs U.S.: -44.2%
vs metro: +18.0%
vs state: -4.6%

Price history

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

The typical home in 42003 is worth $158,585 — 18.0% above the Paducah, KY-IL median. Over the past year, values have fallen 0.3%. Homes here rent for a typical $1,500 a month — a 11.4% 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.

Monthly rent: $1,500^[2]
Gross yield: 11.4%^[2]
Cap rate: 6.8%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $1,181^[3]

#Climate risk

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

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively Moderate
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 29,672^[3]
Median household income: $55,791^[3]

#Migration

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

Net migration: +127^[5]
Moved in: 1,724
Moved out: 1,597

Schools

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

Public schools: 8
Elementary: 4
Middle: 0
High: 2

Paducah Tilghman High School
High · Grades 9–12 · Paducah Independent
840 students
Reidland Elementary School
Elementary · Grades PK–3 · McCracken County
566 students
Hendron Lone Oak Elementary School
Elementary · Grades PK–3 · McCracken County
489 students
Morgan Elementary School
Elementary · Grades K–5 · Paducah Independent
375 students
Paducah Head Start Preschool
Prekindergarten · Grades PK · Paducah Independent
241 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.

Home value$Monthly rent$

Gross yield11.4%

Net yield (after ~40% expenses)6.8%

Annual rent$18,000

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$802

Loan principal$126,868

Down payment$31,717

Total interest paid$161,813

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.69

Monthly cost to own$1,032

Monthly rent$1,500

Owning 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.

Appreciation: 67th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 61st percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

4th for highest rental yield in KYView list →

Frequently asked

How much is a home worth in ZIP code 42003?: The typical home in 42003 is worth $158,585, based on the Zillow Home Value Index.
Are home values rising in 42003?: Home values in 42003 are down 0.3% over the past year, and up 5.3% a year over five years.
What is the typical rent in 42003?: A typical home in 42003 rents for about $1,500 a month, a gross rental yield of 11.4%.
What is the property tax rate in 42003?: The effective property tax rate in 42003 is 0.7% — roughly $1,181 a year on a typical home.
Who lives in 42003?: ZIP code 42003 has a population of 29,672 and a median household income of $55,791.

#Comparable ZIPs

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

42058 vs 42003 →
Ledbetter CDP, KY
Typical home
$159,329
Gross yield
—
62908 vs 42003 →
Belknap, IL
Typical home
$152,720
Gross yield
—
42053
Bandana CDP, KY
Typical home
$166,070
Gross yield
—
42045
Grand Rivers, KY
Typical home
$167,921
Gross yield
—
42083
KY
Typical home
$144,823
Gross yield
—
42023
Bardwell, KY
Typical home
$140,053
Gross yield
—

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#Jump to section

U.S. ZIP Code · KY42003

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