ZIP Code 40509

In ZIP code 40509, near Lexington, homes carry a median value of $366,300, and the county's 0.87% effective property tax rate translates to roughly $3,187 a year in taxes on such a home. With median household income at $94,804 and per-capita income at $51,034, that annual bill equals about 3.4% of household earnings. A 6.00% combined sales tax applies to purchases. The relationship between income and housing costs here leaves room in many budgets, though the gap between median home value and per-capita income shows how much of the cost rests on full household earnings.