ZIP Code 40357

In ZIP code 40357, near Lexington, homes are valued at a median of $95,000, and the county's 0.71% effective property tax rate works out to roughly $675 a year on such a home. That bill lands hard against a median household income of just $11,750, with per-capita income at $8,975. Property taxes alone would absorb a noticeable share of earnings at these levels. A 6.00% combined sales tax adds further cost to everyday purchases. Low home values here do not translate into easy ownership, since the tax rate meets exceptionally low incomes.