Back to Explorer

ZIP Code 40508

Fayette, Kentucky

FIPS 40508

Juniper

ZIP Code 40508 is in the top 20% nationally for HPI growth 5yr %, but in the bottom 8% nationally for price-to-income ratio. It also sits in the top 35% nationally for appreciation 1yr %. And it sits in the top 39% nationally for FEMA risk score.

Median Home Value

$182,800

Lower than 56% of U.S. ZIP codes

HPI Growth 5yr %

55%

Higher than 80% of U.S. ZIP codes

FEMA Risk Score

56.6

Lower than 61% of U.S. ZIP codes

The basics

Total Population

23,756

Median Age

23.5

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$182,800

Lower than 56%

Median Property Tax

$1,564

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

6.21

Higher than 92%

Median Rent

$959

Higher than 57%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

55%

Higher than 80%

Appreciation 1yr %

-0.7%

Higher than 65%

Pandemic Gain %

56%

Recession Drop %

-1.4%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

85.6

Winter Avg Low (°F)

27.8

Avg Temperature (°F)

56.3

Hot Days/yr (>90°F)

25.1

Freezing Days/yr (<32°F)

89.9

Annual Precipitation (in)

49.8

Annual Snowfall (in)

14.5

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

56.6

Lower than 61%

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 40508: frequently asked questions

What is the median home value in ZIP Code 40508?
The median home value in ZIP Code 40508 is $182,800, lower than 56% of U.S. ZIP codes.
How much is property tax in ZIP Code 40508?
The median annual property tax in ZIP Code 40508 is $1,564, an effective rate of 1% of home value.
Is ZIP Code 40508 expensive to live in?
Homes in ZIP Code 40508 cost about 6.21× the median household income, higher than 92% of U.S. ZIP codes.
What is the average rent in ZIP Code 40508?
The median gross rent in ZIP Code 40508 is $959 a month, higher than 57% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 40508?
Home prices in ZIP Code 40508 have moved 55% over the past five years (-0.7% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 40508?
ZIP Code 40508 averages 56.3°F year-round, summer highs near 85.6°F, winter lows around 27.8°F (NOAA 1991–2020 normals). It sees about 14.5 inches of snow a year.
Is ZIP Code 40508 at risk of flooding or natural disasters?
ZIP Code 40508's FEMA National Risk Index score is 56.6 (lower than 61% 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 →