The basics
Total Population
22,798
Median Age
43.1
Home values & property tax
Ranked against U.S. ZIP codes.
Median Home Value
$362,500
Median Property Tax
$2,778
Effective Tax Rate
1%
Cost of living & affordability
Ranked against U.S. ZIP codes.
Price-to-Income Ratio
3.75
Median Rent
$1,482
Home prices & appreciation
Ranked against U.S. ZIP codes.
HPI Growth 5yr %
45%
Appreciation 1yr %
8.6%
Pandemic Gain %
33%
Recession Drop %
-3.4%
Climate & weather
Ranked against U.S. ZIP codes.
Summer Avg High (°F)
86.6
Winter Avg Low (°F)
29.4
Avg Temperature (°F)
57.8
Hot Days/yr (>90°F)
38.1
Freezing Days/yr (<32°F)
79.9
Annual Precipitation (in)
48
Annual Snowfall (in)
15.1
Flood & disaster risk
Ranked against U.S. ZIP codes.
FEMA Risk Score
61.6
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 40223: frequently asked questions
- What is the median home value in ZIP Code 40223?
- The median home value in ZIP Code 40223 is $362,500, higher than 77% of U.S. ZIP codes.
- How much is property tax in ZIP Code 40223?
- The median annual property tax in ZIP Code 40223 is $2,778, an effective rate of 1% of home value.
- Is ZIP Code 40223 expensive to live in?
- Homes in ZIP Code 40223 cost about 3.75× the median household income, higher than 70% of U.S. ZIP codes.
- What is the average rent in ZIP Code 40223?
- The median gross rent in ZIP Code 40223 is $1,482 a month, higher than 82% of U.S. ZIP codes.
- How much have home prices grown in ZIP Code 40223?
- Home prices in ZIP Code 40223 have moved 45% over the past five years (8.6% in the past year), per the FHFA House Price Index.
- What is the weather like in ZIP Code 40223?
- ZIP Code 40223 averages 57.8°F year-round, summer highs near 86.6°F, winter lows around 29.4°F (NOAA 1991–2020 normals). It sees about 15.1 inches of snow a year.
- Is ZIP Code 40223 at risk of flooding or natural disasters?
- ZIP Code 40223's FEMA National Risk Index score is 61.6 (near the U.S. ZIP codes median). 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 →