How much is a home worth in ZIP code 42301?

The typical home in 42301 is worth $207,385, based on the Zillow Home Value Index.

Are home values rising in 42301?

Home values in 42301 are up 2.6% over the past year, and up 6.7% a year over five years.

What is the typical rent in 42301?

A typical home in 42301 rents for about $1,191 a month, a gross rental yield of 6.9%.

What is the property tax rate in 42301?

The effective property tax rate in 42301 is 0.9% — roughly $1,776 a year on a typical home.

ZIP code 42301 has a population of 45,445 and a median household income of $66,885.

HousingHandbookReference data

…

U.S. ZIP Code · KY42301

Daviess County · Owensboro, KY

Typical home value

$207,385^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.6%
5-year / yr: +6.7%
10-year / yr: +7.1%

Relative price

vs U.S.: -27.0%
vs metro: +12.5%
vs state: +24.8%

Price history

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

The typical home in 42301 is worth $207,385 — 12.5% above the Owensboro, KY median. Over the past year, values have risen 2.6%. Homes here rent for a typical $1,191 a month — a 6.9% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,191^[2]
Gross yield: 6.9%^[2]
Cap rate: 4.1%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $1,776^[3]

#Climate risk

FEMA National Risk Index ratings for Daviess 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: 45,445^[3]
Median household income: $66,885^[3]

#Migration

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

Net migration: -43^[5]
Moved in: 1,732
Moved out: 1,775

Schools

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

Public schools: 22
Elementary: 9
Middle: 3
High: 7

Apollo High School
High · Grades 9–12 · Daviess County
1,350 students
Owensboro High School
High · Grades 9–12 · Owensboro Independent
1,329 students
Owensboro Middle School
Middle · Grades 6–8 · Owensboro Independent
786 students
F T Burns Middle School
Middle · Grades 6–8 · Daviess County
756 students
Tamarack Elementary School
Elementary · Grades PK–5 · Daviess County
542 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 yield6.9%

Net yield (after ~40% expenses)4.1%

Annual rent$14,295

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$1,049

Loan principal$165,908

Down payment$41,477

Total interest paid$211,607

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 ratio1.15

Monthly cost to own$1,370

Monthly rent$1,191

Renting 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: 100th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 89th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

9th for most populous in KYView list →

Frequently asked

How much is a home worth in ZIP code 42301?: The typical home in 42301 is worth $207,385, based on the Zillow Home Value Index.
Are home values rising in 42301?: Home values in 42301 are up 2.6% over the past year, and up 6.7% a year over five years.
What is the typical rent in 42301?: A typical home in 42301 rents for about $1,191 a month, a gross rental yield of 6.9%.
What is the property tax rate in 42301?: The effective property tax rate in 42301 is 0.9% — roughly $1,776 a year on a typical home.
Who lives in 42301?: ZIP code 42301 has a population of 45,445 and a median household income of $66,885.

#Comparable ZIPs

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

42303 vs 42301 →
Owensboro, KY
Typical home
$216,015
Gross yield
—
42355 vs 42301 →
Maceo CDP, KY
Typical home
$191,327
Gross yield
—
42327
Beech Grove CDP, KY
Typical home
$177,353
Gross yield
—
42376
Masonville CDP, KY
Typical home
$242,465
Gross yield
—
42366
Philpot CDP, KY
Typical home
$267,899
Gross yield
—
42350
Island, KY
Typical home
$138,367
Gross yield
—

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#Jump to section

U.S. ZIP Code · KY42301

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