HousingHandbookReference data

U.S. ZIP Code · IN47122

Floyd County · Louisville/Jefferson County, KY-IN

Typical home value

$333,392[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.0%
5-year / yr
+4.8%
10-year / yr
+6.3%

Relative price

vs U.S.
+17.4%
vs metro
+23.8%
vs state
+44.1%
ZIP 47122 location in IN
Location of ZIP 47122 in IN

Price history

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

The typical home in 47122 is worth $333,392 — 23.8% above the Louisville/Jefferson County, KY-IN median. Over the past year, values have risen 3.0%. 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
$1,812[3]

#Climate risk

FEMA National Risk Index ratings for Floyd 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
Very Low
Drought
Very Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
11,357[3]
Median household income
$107,500[3]

#Migration

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

Net migration
+124[5]
Moved in
2,774
Moved out
2,650

Schools

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

Public schools
2
Elementary
1
Middle
1
High
0
  • Highland Hills Middle School

    Middle · Grades 5–8 · New Albany-Floyd Co Con Sch

    1,663 students

  • Georgetown Elementary School

    Elementary · Grades PK–4 · New Albany-Floyd Co Con Sch

    679 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$1,686
Loan principal$266,714
Down payment$66,678
Total interest paid$340,179

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$2,114
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
29th percentile[1]
Rental yield
[2]
Property tax
13th percentile[3]

Frequently asked

How much is a home worth in ZIP code 47122?
The typical home in 47122 is worth $333,392, based on the Zillow Home Value Index.
Are home values rising in 47122?
Home values in 47122 are up 3.0% over the past year, and up 4.8% a year over five years.
What is the property tax rate in 47122?
The effective property tax rate in 47122 is 0.5% — roughly $1,812 a year on a typical home.
Who lives in 47122?
ZIP code 47122 has a population of 11,357 and a median household income of $107,500.

#Comparable ZIPs

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

  • Westport CDP, KY

    Typical home
    $334,684
    Gross yield
  • Lyndon, KY

    Typical home
    $330,168
    Gross yield
    4.6%
  • Mount Washington, KY

    Typical home
    $326,816
    Gross yield
  • Middletown, KY

    Typical home
    $341,391
    Gross yield
    5.4%
  • Louisville, KY

    Typical home
    $341,635
    Gross yield
    4.1%
  • Lanesville, IN

    Typical home
    $342,389
    Gross yield

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