Kentucky
Mercer County
ZIP 40372
22,824 residents150 permits TTM$63,115 median HHI3 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$189,700
ACS 5-Year
Cap rate proxy
5.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.2%
HUD FMR ÷ ACS HHI
Net migration
+1.63%
IRS SOI
Permits (TTM)
150
Census BPS
Climate risk
41.4
FEMA NRI (0–100)
ZIP 40372
Median home value
$285,917
Gross yield
3.6%
Cap rate
3.4%
Rent gap
7.4%
Affordability
P/I: 4.5R/I: —
Section 8 detail
SAFMR: $866Rent: $802Gap: 8.0%
ZIP code breakdown3 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 40330 | $234,314 | $866 | 4.4% | 5.3% | -19.4% |
| 40310 | $189,700county est. | $866 | 5.5% | 5.1% | 7.4% |
| 40372 | $285,917 | $866 | 3.6% | 3.4% | 7.4% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
77.1%
Census ACS
Vacancy rate
12.2%
Census ACS
Bachelor's degree +
22.5%
Census ACS
Rent burdened
38.4%
Census ACS (>30% income)
Median age
42.8
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