HousingHandbookReference data

U.S. ZIP Code · KY42024

Ballard County · Paducah, KY-IL

Typical home value

$118,940[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-7.6%
5-year / yr
+4.9%
10-year / yr

Relative price

vs U.S.
-58.1%
vs metro
-11.5%
vs state
-28.4%
ZIP 42024 location in KY
Location of ZIP 42024 in KY

Price history

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

The typical home in 42024 is worth $118,940 — 11.5% below the Paducah, KY-IL median. Over the past year, values have fallen 7.6%. The effective property tax rate is 1.2%.

#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
1.2%[3]
Typical annual tax
$1,403[3]

#Climate risk

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

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

#Who lives here

Population
1,205[3]
Median household income
$46,925[3]

#Migration

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

Net migration
+64[5]
Moved in
237
Moved out
173

Schools

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

Public schools
5
Elementary
1
Middle
1
High
2
  • Ballard County Elementary School

    Elementary · Grades K–5 · Ballard County

    463 students

  • Ballard Memorial High School

    High · Grades 9–12 · Ballard County

    265 students

  • Ballard County Middle School

    Middle · Grades 6–8 · Ballard County

    221 students

  • Ballard Co. Preschool/Headstart Center

    Prekindergarten · Grades PK · Ballard County

    90 students

  • Ballard County Career and Technology Ctr

    High · Grades 9–12 · Ballard County

    0 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$601
Loan principal$95,152
Down payment$23,788
Total interest paid$121,361

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$817
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
61st percentile[1]
Rental yield
[2]
Property tax
94th percentile[3]

Frequently asked

How much is a home worth in ZIP code 42024?
The typical home in 42024 is worth $118,940, based on the Zillow Home Value Index.
Are home values rising in 42024?
Home values in 42024 are down 7.6% over the past year, and up 4.9% a year over five years.
What is the property tax rate in 42024?
The effective property tax rate in 42024 is 1.2% — roughly $1,403 a year on a typical home.
Who lives in 42024?
ZIP code 42024 has a population of 1,205 and a median household income of $46,925.

#Comparable ZIPs

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

  • Metropolis, IL

    Typical home
    $117,967
    Gross yield
  • La Center, KY

    Typical home
    $124,323
    Gross yield
  • Arlington, KY

    Typical home
    $112,266
    Gross yield
  • Smithland, KY

    Typical home
    $127,066
    Gross yield
  • Wickliffe, KY

    Typical home
    $128,819
    Gross yield
  • Salem, KY

    Typical home
    $102,361
    Gross yield

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