40419, Crab Orchard, KY

The Crab Orchard, KY zip code 40419 has a population of just over 2,000 people. The median household income in this zip code is just under $50,000. This means that the majority of homes in this area are likely worth less than the amount of money that their owners owe on their mortgages. In fact, according to Zillow, the median home value in this zip code is only $128,500.

This means that many homeowners in Crab Orchard are likely struggling to pay off their mortgages. And because there are so few homes in this area that are worth more than what they owe on their mortgages, many homeowners who do not have enough money saved up to cover their mortgage payments may be forced to sell their homes at a loss. This could lead to a decrease in home values and an increase in foreclosure rates in the 40419 zip code.