40359, Owenton, KY

The 40359 zip code of Owenton, KY has a population of about 2,000 people. The median household income in this zip code is about $40,000. The home equity and home prices in this zip code are both relatively low when compared to other areas of the country.

The average home value in the 40359 zip code is about $130,000. This is significantly lower than the national average home value of $247,500. The average home equity in the 40359 zip code is also much lower than the national average home equity of $142,200. This indicates that many homeowners in this area are not using their homes as their primary source of income.

There are a few reasons why homeowners in the 40359 zip code have low home equity and home prices. One reason is that Owenton is located in a rural area and there are not many jobs available nearby. Another reason is that many homeowners here are retired or have low incomes and do not have enough money saved up to buy a house outright.