Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 40228, Kentucky?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 40228, Kentucky (ZIP 40228) is $1,371/month (±$74), based on Census ACS 5-Year estimates (2024). The median home value is $241,300 (±$13,086), and the median household income is $79,404/year. The unemployment rate in Jefferson County, Kentucky was 4.4% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 40228
| Metric | Value |
|---|---|
| Median Gross Rent | $1,371 |
| Median Home Value | $241,300 |
| Median Household Income | $79,404 |
| Total Housing Units | 7,279 |
| Renter-Occupied Units | 1,662 |
| Renter-Occupied Share | 23% |
| Households Paying 50%+ Income | 95 households |
| Unemployment Rate(April 2026) | 4.4% |
How does ZIP 40228 compare?
Median gross rent ranked against all ZIP codes in Kentucky.
Higher rent than 97% of ZIP codes in Kentucky · 17th of 468
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 40026 | $2,069 |
| 2 | ZCTA5 40059 | $2,006 |
| 3 | ZCTA5 40245 | $1,688 |
| … 13 more … | ||
| 17 | ZCTA5 40228(you are here) | $1,371 |
| … 448 more … | ||
| 466 | ZCTA5 41651 | $255 |
| 467 | ZCTA5 41553 | $254 |
| 468 | ZCTA5 40771 | $99 |
Geography
ZIP 40228 is in Jefferson County, Kentucky.
It covers part of Louisville/Jefferson County metro government (balance) city, Kentucky.
More data for ZCTA5 40228
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Frequently asked questions
What is the average rent in ZCTA5 40228, Kentucky?
The median gross rent in ZCTA5 40228, Kentucky (ZIP 40228) is $1,371/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 40228, Kentucky?
The median rent for a 2-bedroom in ZCTA5 40228, Kentucky is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 40228, Kentucky?
The median home value in ZCTA5 40228, Kentucky (ZIP 40228) is $241,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 40228 are rent-burdened?
In ZCTA5 40228, Kentucky, 95 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 40228, Kentucky?
The median household income in ZCTA5 40228, Kentucky is $79,404/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,371 has a margin of error of ±$74. In very small areas, MOEs can be large relative to the estimate.
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