| ZIP Code | 40242 |
|---|---|
| City | Louisville |
| State | Kentucky (KY) |
| County | Jefferson County |
| Area Code | 502 |
| Elevation | 622 ft |
| Latitude | 38.276223 |
|---|---|
| Longitude | -85.587103 |
| Timezone | New York (DST) |
| FIPS | 21111 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.3 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 2.30 |
| Below Poverty | 7.9% ▼ 21% below avg |
| College Grads | 56.9% ▲ 47% above avg |
| Unemployment | 5.1% ≈ Avg |
| No HS Diploma | 173 (2.3%) |
| HS Graduate | 1,366 (18.4%) |
| Some College | 546 (7.3%) |
| Associates | 1,126 (15.1%) |
| Bachelors | 687 (9.2%) |
| Graduate Degree | 3,546 (47.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $79,201 ≈ Avg ↑ 14% since 2019 |
|---|---|
| Median Home Value | $293,200 ≈ Avg ↑ 41% since 2019 |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,239/mo ↑ 17% since 2019 |
| Total Units | 4,963 |
| Vacant Units | 158 |
| Avg HH Size | 2.30 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,963 |
|---|---|
| Vacant | 158 |
| Owner Occupied | 69.1% |
| Renter Occupied | 30.9% |
| Avg HH Size | 2.30 |
ZIP code 40242 is located in Louisville, Kentucky, within Jefferson County. With a population of 11,099, this is a lightly populated ZIP code with a relatively young community — the median age is 36.3 years. Economically, 40242 is a middle-income ZIP code: the median household income of $79,201 is near the national average.
Real estate in ZIP code 40242 represents a mid-range housing market. The median home value of $293,200 is near the national average. Renters can expect to pay around $1,239 per month in median rent. Homeownership is strong here — 69.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 41% since 2019.
The population of 40242 is primarily White (71.91%). Residents are well-educated — 56.9% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 7.9%. Household income has grown by 14% since 2019.
The unemployment rate in 40242 stands at 5.1%, which is near the national average. About 16% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 75%.
Overall, ZIP code 40242 in Louisville, KY is characterized as middle-income, well-educated, a relatively young community, and predominantly owner-occupied. With 11,099 residents, a median household income of $79,201, and a median home value of $293,200, it offers a clear picture of life in this part of Kentucky.