| ZIP Code | 40045 |
|---|---|
| City | Milton |
| State | Kentucky (KY) |
| County | Trimble County |
| Area Code | 502 |
| Elevation | 669 ft |
| Latitude | 38.693585 |
|---|---|
| Longitude | -85.354607 |
| Timezone | New York (DST) |
| FIPS | 21223 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.6 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 2.47 |
| Below Poverty | 5.6% ▼ 44% below avg |
| College Grads | 38.2% ≈ Avg |
| Unemployment | 3.3% ▼ 32% below avg |
| No HS Diploma | 2 (0.1%) |
| HS Graduate | 779 (38.1%) |
| Some College | 289 (14.2%) |
| Associates | 192 (9.4%) |
| Bachelors | 464 (22.7%) |
| Graduate Degree | 316 (15.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $72,222 ≈ Avg ↑ 50% since 2019 |
|---|---|
| Median Home Value | $146,400 ▼ 47% below avg ↑ 9% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $944/mo ↑ 22% since 2019 |
| Total Units | 1,581 |
| Vacant Units | 321 |
| Avg HH Size | 2.47 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,581 |
|---|---|
| Vacant | 321 |
| Owner Occupied | 82.1% |
| Renter Occupied | 17.9% |
| Avg HH Size | 2.47 |
ZIP code 40045 is located in Milton, Kentucky, within Trimble County. With a population of 3,118, this is a sparsely populated ZIP code with a middle-aged community — the median age is 41.6 years. Economically, 40045 is a solidly middle-class ZIP code: the median household income of $72,222 is near the national average.
Real estate in ZIP code 40045 represents one of the more affordable housing markets in the country. The median home value of $146,400 is below the national average. Renters can expect to pay around $944 per month in median rent. Homeownership is strong here — 82.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 9% since 2019.
The population of 40045 is primarily White (91.57%). Residents are moderately educated — 38.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 5.6%. Household income has grown by 50% since 2019.
The unemployment rate in 40045 stands at 3.3%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 81%.
Overall, ZIP code 40045 in Milton, KY is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 3,118 residents, a median household income of $72,222, and a median home value of $146,400, it offers a clear picture of life in this part of Kentucky.