Interested in purchasing investment houses in the 40220 zip code in Louisville, KY?
The zip code 40220 is in Jefferson county with a latitude of -85.617220000000 and longitude of 38.215500000000, is in the state of Kentucky. The average asking price of houses and condos is $151,987.00 and the average sale price was $148,769.00. this regions is classified as the Louisville metro area and is in the 502 area code. The location in degrees is 38° 12' 55.8" N, 85° 37' 1.992" W. The county F.I.P.S. is 21111. This zip code contains seven cities including Jeffersontown, KY (12.75%), St. Regis Park, KY (4.61%), Hurstbourne Acres, KY (4.53%), Houston Acres, KY (1.85%), Meadowview Estates, KY (1.02%), Cambridge, KY (0.73%), and Lincolnshire, KY (0.62%) The total land area is 7.6 square miles and the water area is 0.0 square miles. The elevation in this area is 528 - 650 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40220 is in county number 111 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 34,396 in 2019 and 33,109 in 2010. This further breaks down to 16,109 males (46.8%) and 18,286 females (53.2%). The median age of residents is 39.6 years. The population of the greater Louisville-Jefferson County, KY-IN area is 1,273,611. The population density (people per square mile) is 4,515. This zip code has a combined total of 15,630 houses and condos. There are 5,374 rented appartments. 36% of residents rent versus the 36% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $50,494 and the average salary is $43,584. The median household income of individuals is $61,520.00 and the average is $58,490.00. This zip code has a mean commute time to work of 21.5 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 39.60% (Under $50,000), 37.70% ($50,000-$100,000), and 22.70% earn over $100,000. 8.5% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 88.9. The educational breakdown is 95.9% have a high school education or higher, 40.5% have a bachelor's degree or higher, and 16.9% have some kind of profesional degree.
This area has 14,512 households and the average size is 2.3 people. Individuals who are single and have never been married are 32.3%, 46.5% are now married, 1.2% are separated, 5.7% are widowed, and 14.3% are divorced. The average yearly contribution amount given by people to charity was $3,327 versus the state average of $4,303. The percent of residents who gave to charity was 31.1%.
The estimated median value of houses and condos is $200,472. The median monthly owner costs of mortgage holders was $1,347, where as the costs for those who don't have a mortgage are $471. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,827. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $1,257. The median housing property tax percent for residents with mortgages was 0.9% which amounted to an average tax amount of $1,882. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $1,736. Reported taxable interest for persons was $1,232, dividends $3,748, capital gains +$4,257, and itemized deductions $18,497. The average earned income tax credit is $2,008. The percent of individuals that use a tax preparer is 49.1%. The total average income taxes paid by individuals was $7,471. Businesses reported an average profit of $12,049.
Alwatan Restaurant
3707 Klondike Ln, Louisville, KY 40218 (2.4 miles away)
Wild Ginger
1700 Bardstown Rd, Louisville, KY 40205 (3.5 miles away)
Steak & Bourbon
1321 Herr Ln Ste 130, Louisville, KY 40222 (3.6 miles away)
Drakes
3939 Shelbyville Rd, Louisville, KY 40207 (4 miles away)
Corner Cafe
9307 New La Grange Rd, Louisville, KY 40242 (4.7 miles away)
O'Connell's Irish Pub
5520 Fern Valley Rd, Louisville, KY 40228 (4.9 miles away)
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