40242 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 40242 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateKentucky
CityLouisville
Time ZoneAmerica/New_York
Geo Location38.27732, -85.59065
Population10982
Size6.909 square miles
Median Family Income$93284.00
Median Home Value$239800.00

Population & Demographics

The following information lists the population statistics and breakdown for the 40242 zip code. The total population is 10982, of which, 5273 are male and 5709 are female. With a total area of 6.909 square miles, the population density is 1602.7 people per square mile. The median age of the population is 38.2 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201111002
201210761
201311193
201411334
201511403
201611304
201711570
201811056
201911073
202011635
202110982

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 7957.2%
Age 5-97817.1%
Age 10-147126.5%
Age 15-195515%
Age 20-245414.9
Age 25-297366.7%
Age 30-348567.8%
Age 35-397156.5%
Age 40-44748 6.8%
Age 45-496335.8%
Age 50-544974.5%
Age 55-598217.5%
Age 60-647166.5%
Age 65-696886.3%
Age 70-745765.2%
Age 75-792782.5%
Age 80-841861.7%
Age 85 and over1521.4%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 10.1 %
  • Speaks Spanish: 2.3 %
  • Speaks Other Indo-European Language: 2.9 %
  • Speaks Pacific Island Languages: 3 %
  • Speak Other Languages: 1.8 %
Marital Status: 
  • Currently Married: 49.8 %
  • Divorced: 12 %
  • Separated (not divorced): 0.7 %
  • Never Married: 31.5 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 40242 zip code is $93284. This is 15.34% greater than the national average. This income places 6.2% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $30099. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0070
$10,000.00 – $14,999.006
$15,000.00 – $24,999.00118
$25,000.00 – $34,999.00110
$35,000.00 – $49,999.00263
$50,000.00 – $74,999.00468
$75,000.00 – $99,999.00381
$100,000.00 – $149,999.00671
$150,000.00 – $199,999,00355
$200,000.00 +212

YearMedian Family Income ($ USD)
201175198
201278869
201379044
201477000
201573591
201677007
201782776
201883816
201988912
202092316
202193284

Income Source# of Households
Wage or Salary3574
Self Employment484
Social Security1365
Dividends, Interest, or Rental970
Retirement946
Other463

Total Insured & Uninsured Individuals: 
  • Families Insure: 10193
  • Families Uninsured: 750
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 946
  • No retirement income: 3576

Education

In the 40242 zip code, 94% of individuals over 25 years old have a high school degree or higher, and 46.2% have a bachelors degree or higher. Additionally, 31.5% of individuals 3 years and older are in private school, and 68.5% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 40242 zip, there are an estimated 5975 people in the labor force, of which, 5783 are employed, and 192 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 19.7 minutes. Of the total people that work, 533 worked from home and 5697 commuted. The average number of hours worked is 38.9. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts2748
Services587
Sales and Office1427
Construction and Maintenance:317
Transportation and Material Moving704





Housing

The median home value for the 40242 zip code is 239800. There is an estimated  4522 number of occupied housing units, the median gross rent in is $1138 per month, and the average monthly housing costs are estimated to be $1174. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00033
$50,000 – $99,00032
$100,000 – $149,999339
$150,000 – $199,999678
$200,000 – $299,9991227
$300,000 – $499,999858
$500,000 – $999,99916
$1,000,000+2

Home Year BuiltNumber of Homes
2020 or Later16
2010 – 201912
2000 – 2009162
1980 – 19991439
1960 – 19792211
1940 – 1959632
1939 or earlier50

The median number of rooms in all housing units is 6.4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50043
$500 – $999347
$1,000 – $1,499695
$1,500 – $1,999163
$2,000 – $2,49913
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 30037
300-499256
500-799925
800-999469
1000-14991572
1500-1999723
2000-2499322
2500-2999116
3000+26

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1250
20%-24.9%351
25%-29.9%166
30%-34.9%93
35+%275



# of VehiclesHouseholds
None215
11608
22014
3+685
Home Heating Characteristics: 
  • Utility Gas: 63.7 %
  • Bottle Tank or LP Gas: 0.8 %
  • Electricity: 35.4 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 0.2 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.