Louisville/Jefferson County, KY-IN · Indiana
Clark County
ZIP 47129
122,800 residents825 permits TTM$72,298 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$212,400
ACS 5-Year
Cap rate proxy
7.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.6%
HUD FMR ÷ ACS HHI
Net migration
+2.39%
IRS SOI
Permits (TTM)
825
Census BPS
Climate risk
81.4
FEMA NRI (0–100)
ZIP 47129
Median home value
$197,367
Gross yield
7.2%
Cap rate
6.6%
Rent gap
8.0%
Affordability
P/I: 2.7R/I: 18.0%
Section 8 detail
SAFMR: $1,180Rent: $1,058Gap: 11.5%
ZIP code breakdown12 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 47129 | $197,367 | $1,180 | 7.2% | 6.6% | 8.0% |
| 47130 | $247,515 | $1,340 | 6.5% | 6.5% | -0.1% |
| 47104 | $212,400county est. | $1,130 | 6.4% | 6.0% | 6.4% |
| 47147 | $212,400county est. | $1,130 | 6.4% | 6.0% | 6.4% |
| 47162 | $212,400county est. | $1,240 | 7.0% | 6.0% | 14.7% |
| 47111 | $298,944 | $1,130 | 4.5% | 5.5% | -20.5% |
| 47163 | $281,910 | $1,080 | 4.6% | 4.5% | 2.0% |
| 47143 | $295,490 | $1,910 | 7.8% | 4.3% | 44.6% |
| 47106 | $296,145 | $1,070 | 4.3% | 4.3% | 1.1% |
| 47172 | $297,214 | $1,340 | 5.4% | 4.3% | 21.0% |
| 47141 | $298,696 | $1,170 | 4.7% | 4.3% | 9.6% |
| 47126 | $318,809 | $1,070 | 4.0% | 4.0% | 1.1% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
75.0%
Census ACS
Vacancy rate
8.7%
Census ACS
Bachelor's degree +
25.5%
Census ACS
Rent burdened
44.4%
Census ACS (>30% income)
Median age
39.8
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026