The basics
Total Population
2,926
Median Age
38.7
Home values & property tax
Ranked against U.S. ZIP codes.
Median Home Value
$264,100
Median Property Tax
$2,547
Effective Tax Rate
1%
Cost of living & affordability
Ranked against U.S. ZIP codes.
Price-to-Income Ratio
3.13
Median Rent
$1,114
Home prices & appreciation
Ranked against U.S. ZIP codes.
HPI Growth 5yr %
64%
Appreciation 1yr %
4.8%
Pandemic Gain %
37%
Recession Drop %
-9.5%
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)
51.5
Annual Snowfall (in)
14.5
Flood & disaster risk
Ranked against U.S. ZIP codes.
FEMA Risk Score
48.9
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 40516: frequently asked questions
- What is the median home value in ZIP Code 40516?
- The median home value in ZIP Code 40516 is $264,100, higher than 64% of U.S. ZIP codes.
- How much is property tax in ZIP Code 40516?
- The median annual property tax in ZIP Code 40516 is $2,547, an effective rate of 1% of home value.
- Is ZIP Code 40516 expensive to live in?
- Homes in ZIP Code 40516 cost about 3.13× the median household income, higher than 56% of U.S. ZIP codes.
- What is the average rent in ZIP Code 40516?
- The median gross rent in ZIP Code 40516 is $1,114 a month, higher than 67% of U.S. ZIP codes.
- How much have home prices grown in ZIP Code 40516?
- Home prices in ZIP Code 40516 have moved 64% 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 40516?
- ZIP Code 40516 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 40516 at risk of flooding or natural disasters?
- ZIP Code 40516's FEMA National Risk Index score is 48.9 (lower than 69% 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 →