Kentucky
Garrard County
ZIP 40461
17,346 residents0 permits TTM$62,572 median HHI2 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$186,800
ACS 5-Year
Cap rate proxy
5.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.2%
HUD FMR ÷ ACS HHI
Net migration
+1.84%
IRS SOI
Permits (TTM)
0
Census BPS
Climate risk
30.2
FEMA NRI (0–100)
ZIP 40461
Median home value
$286,087
Gross yield
3.8%
Cap rate
3.3%
Rent gap
11.9%
Affordability
P/I: 4.6R/I: —
Section 8 detail
SAFMR: $900Rent: $793Gap: 13.5%
ZIP code breakdown2 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 40444 | $269,970 | $900 | 4.0% | 3.5% | 11.9% |
| 40461 | $286,087 | $900 | 3.8% | 3.3% | 11.9% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
79.8%
Census ACS
Vacancy rate
8.9%
Census ACS
Bachelor's degree +
19.1%
Census ACS
Rent burdened
41.5%
Census ACS (>30% income)
Median age
42.9
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