Louisville/Jefferson County, KY-IN · Indiana
Floyd County
ZIP 47150
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 47150
Median home value
$228,164
Gross yield
6.6%
Cap rate
6.4%
Rent gap
3.2%
Affordability
P/I: 2.9R/I: 18.6%
Section 8 detail
SAFMR: $1,250Rent: $990Gap: 26.3%
ZIP code breakdown4 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 47150 | $228,164 | $1,250 | 6.6% | 6.4% | 3.2% |
| 47122 | $323,742 | $1,140 | 4.2% | 3.7% | 13.2% |
| 47124 | $332,816 | $1,380 | 5.0% | 3.6% | 28.3% |
| 47119 | $390,878 | $1,430 | 4.4% | 3.0% | 30.8% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
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
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