The basics
Total Population
26,259
Median Age
39.4
Home values & property tax
Ranked against U.S. ZIP codes.
Median Home Value
$341,000
Median Property Tax
$2,917
Effective Tax Rate
1%
Cost of living & affordability
Ranked against U.S. ZIP codes.
Price-to-Income Ratio
3.46
Median Rent
$1,092
Home prices & appreciation
Ranked against U.S. ZIP codes.
HPI Growth 5yr %
54%
Appreciation 1yr %
4.8%
Pandemic Gain %
40%
Recession Drop %
-6.4%
Climate & weather
Ranked against U.S. ZIP codes.
Summer Avg High (°F)
86.3
Winter Avg Low (°F)
25.5
Avg Temperature (°F)
55.2
Hot Days/yr (>90°F)
36.7
Freezing Days/yr (<32°F)
105.2
Annual Precipitation (in)
52.9
Annual Snowfall (in)
12.3
Flood & disaster risk
Ranked against U.S. ZIP codes.
FEMA Risk Score
51.4
The full report
Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.
People
Work & Money
Housing
Amenities
Environment & Risk
ZIP Code 40031: frequently asked questions
- What is the median home value in ZIP Code 40031?
- The median home value in ZIP Code 40031 is $341,000, higher than 75% of U.S. ZIP codes.
- How much is property tax in ZIP Code 40031?
- The median annual property tax in ZIP Code 40031 is $2,917, an effective rate of 1% of home value.
- Is ZIP Code 40031 expensive to live in?
- Homes in ZIP Code 40031 cost about 3.46× the median household income, higher than 64% of U.S. ZIP codes.
- What is the average rent in ZIP Code 40031?
- The median gross rent in ZIP Code 40031 is $1,092 a month, higher than 66% of U.S. ZIP codes.
- How much have home prices grown in ZIP Code 40031?
- Home prices in ZIP Code 40031 have moved 54% over the past five years (4.8% in the past year), per the FHFA House Price Index.
- What is the weather like in ZIP Code 40031?
- ZIP Code 40031 averages 55.2°F year-round, summer highs near 86.3°F, winter lows around 25.5°F (NOAA 1991–2020 normals). It sees about 12.3 inches of snow a year.
- Is ZIP Code 40031 at risk of flooding or natural disasters?
- ZIP Code 40031's FEMA National Risk Index score is 51.4 (lower than 66% of U.S. ZIP codes). Its greatest modeled natural hazard is tornado.
Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →