Louisville/Jefferson County, KY-IN · Kentucky

Bullitt County

ZIP 40177

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 40177

Median home value

$233,700

Gross yield

5.5%

Buy Box score

0.9

Section 8 gap

10.0%

Affordability

P/I: 1.6R/I:

Section 8 detail

SAFMR: $1,070Rent: $973Gap: 10.0%
ZIP code breakdown6 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
40177$233,700$1,0705.5%0.910.0%
40165$233,700$1,1606.0%0.919.2%
40109$233,700$1,2506.4%0.828.5%
40150$233,700$1,0705.5%0.810.0%
40047$233,700$1,1205.8%0.615.1%
40110$233,700$1,1405.9%17.2%

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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

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