HousingHandbookReference data

U.S. ZIP Code · KY42261

Butler County · Bowling Green, KY

Typical home value

$189,471[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-8.0%
5-year / yr
+1.8%
10-year / yr
+5.1%

Relative price

vs U.S.
-33.3%
vs metro
-7.5%
vs state
+14.0%
ZIP 42261 location in KY
Location of ZIP 42261 in KY

Price history

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

The typical home in 42261 is worth $189,471 — 7.5% below the Bowling Green, KY median. Over the past year, values have fallen 8.0%. 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
$896[3]

#Climate risk

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

#Who lives here

Population
9,641[3]
Median household income
$52,953[3]

#Migration

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

Net migration
-23[5]
Moved in
238
Moved out
261

Schools

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

Public schools
6
Elementary
2
Middle
1
High
3
  • Morgantown Elementary School

    Elementary · Grades PK–5 · Butler County

    669 students

  • Butler County High School

    High · Grades 9–12 · Butler County

    638 students

  • Butler County Middle School

    Middle · Grades 6–8 · Butler County

    455 students

  • North Butler Elementary

    Elementary · Grades PK–5 · Butler County

    387 students

  • Butler County Learning Center

    High · Grades 6–12 · Butler County

    17 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$958
Loan principal$151,577
Down payment$37,894
Total interest paid$193,328

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$1,190
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
12th percentile[1]
Rental yield
[2]
Property tax
29th percentile[3]

Frequently asked

How much is a home worth in ZIP code 42261?
The typical home in 42261 is worth $189,471, based on the Zillow Home Value Index.
Are home values rising in 42261?
Home values in 42261 are down 8.0% over the past year, and up 1.8% a year over five years.
What is the property tax rate in 42261?
The effective property tax rate in 42261 is 0.5% — roughly $896 a year on a typical home.
Who lives in 42261?
ZIP code 42261 has a population of 9,641 and a median household income of $52,953.

#Comparable ZIPs

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

  • KY

    Typical home
    $186,371
    Gross yield
  • KY

    Typical home
    $193,597
    Gross yield
  • Brownsville, KY

    Typical home
    $196,090
    Gross yield
  • KY

    Typical home
    $196,871
    Gross yield
  • Park City, KY

    Typical home
    $200,265
    Gross yield
  • KY

    Typical home
    $171,128
    Gross yield

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