Louisville/Jefferson County, KY-IN · Kentucky
Henry County
ZIP 40068
15,774 residents62 permits TTM$60,736 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$181,300
ACS 5-Year
Cap rate proxy
8.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.2%
HUD FMR ÷ ACS HHI
Net migration
+1.88%
IRS SOI
Permits (TTM)
62
Census BPS
Climate risk
15.7
FEMA NRI (0–100)
ZIP 40068
Median home value
$397,641
Gross yield
3.9%
Buy Box score
0.2
Section 8 gap
49.3%
Affordability
P/I: 6.5R/I: —
Section 8 detail
SAFMR: $1,300Rent: $871Gap: 49.3%
ZIP code breakdown10 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 40007 | $181,300county est. | $1,330 | 8.8% | 5.8% | 34.5% |
| 40036 | $181,300county est. | $1,080 | 7.1% | 5.8% | 19.4% |
| 40058 | $181,300county est. | $1,070 | 7.1% | 5.8% | 18.6% |
| 40070 | $181,300county est. | $1,100 | 7.3% | 5.8% | 20.8% |
| 40050 | $211,863 | $1,070 | 6.1% | 4.9% | 18.6% |
| 40011 | $222,944 | $1,070 | 5.8% | 4.7% | 18.6% |
| 40019 | $224,938 | $1,070 | 5.7% | 4.6% | 18.6% |
| 40075 | $228,711 | $1,070 | 5.6% | 4.6% | 18.6% |
| 40057 | $239,907 | $1,330 | 6.7% | 4.4% | 34.5% |
| 40068 | $397,641 | $1,300 | 3.9% | 2.6% | 33.0% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
75.8%
Census ACS
Vacancy rate
8.0%
Census ACS
Bachelor's degree +
14.8%
Census ACS
Rent burdened
50.8%
Census ACS (>30% income)
Median age
41.6
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