Louisville/Jefferson County, KY-IN · Kentucky
Bullitt County
ZIP 40150
83,209 residents832 permits TTM$77,640 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$233,700
ACS 5-Year
Cap rate proxy
6.5%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.0%
HUD FMR ÷ ACS HHI
Net migration
+2.54%
IRS SOI
Permits (TTM)
832
Census BPS
Climate risk
71.8
FEMA NRI (0–100)
ZIP 40150
Median home value
$238,429
Gross yield
5.4%
Buy Box score
0.8
Section 8 gap
10.0%
Affordability
P/I: 3.1R/I: —
Section 8 detail
SAFMR: $1,070Rent: $973Gap: 10.0%
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 40177 | $127,146 | $1,070 | 10.1% | 9.2% | 9.1% |
| 40165 | $294,591 | $1,160 | 4.7% | 7.4% | -57.2% |
| 40110 | $233,700county est. | $1,140 | 5.9% | 5.0% | 14.7% |
| 40150 | $238,429 | $1,070 | 5.4% | 4.9% | 9.1% |
| 40109 | $298,177 | $1,250 | 5.0% | 3.9% | 22.2% |
| 40047 | $322,297 | $1,120 | 4.2% | 3.6% | 13.1% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
83.9%
Census ACS
Vacancy rate
5.4%
Census ACS
Bachelor's degree +
18.9%
Census ACS
Rent burdened
39.9%
Census ACS (>30% income)
Median age
41.3
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