Louisville/Jefferson County, KY-IN · Indiana

Floyd County

ZIP 47124

80,512 residents362 permits TTM$78,179 median HHI4 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$235,100

ACS 5-Year

Cap rate proxy

6.5%

FMR × 0.65 ÷ Home Value

Rent-to-income

15.2%

HUD FMR ÷ ACS HHI

Net migration

+2.49%

IRS SOI

Permits (TTM)

362

Census BPS

Climate risk

75.4

FEMA NRI (0–100)

ZIP 47124

Median home value

$235,100

Gross yield

7.0%

Buy Box score

0.8

Section 8 gap

39.4%

Affordability

P/I: 4.3R/I:

Section 8 detail

SAFMR: $1,380Rent: $990Gap: 39.4%
ZIP code breakdown4 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
47150$235,100$1,2506.4%0.826.3%
47124$235,100$1,3807.0%0.839.4%
47119$235,100$1,4307.3%0.844.4%
47122$235,100$1,1405.8%0.615.2%

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Demographics

Owner-occupied

73.1%

Census ACS

Vacancy rate

9.9%

Census ACS

Bachelor's degree +

31.3%

Census ACS

Rent burdened

42.7%

Census ACS (>30% income)

Median age

40.1

Census ACS

Data sources
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