| ZIP Code | 40245 |
|---|---|
| City | Louisville |
| State | Kentucky (KY) |
| County | Jefferson County |
| Area Code | 502 |
| Elevation | 643 ft |
| Latitude | 38.267561 |
|---|---|
| Longitude | -85.446172 |
| Timezone | New York (DST) |
| FIPS | 21111 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.8 yrs |
|---|---|
| Avg Household Size | 2.62 |
| Below Poverty | 6.1% ▼ 39% below avg |
| College Grads | 64.9% ▲ 68% above avg |
| Unemployment | 2.9% ▼ 41% below avg |
| No HS Diploma | 284 (1.1%) |
| HS Graduate | 3,204 (12.4%) |
| Some College | 1,843 (7.1%) |
| Associates | 3,724 (14.4%) |
| Bachelors | 1,623 (6.3%) |
| Graduate Degree | 15,126 (58.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $120,171 ▲ 57% above avg ↑ 6% since 2019 |
|---|---|
| Median Home Value | $432,900 ▲ 55% above avg ↑ 27% since 2019 |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,605/mo ↑ 34% since 2019 |
| Total Units | 15,226 |
| Vacant Units | 574 |
| Avg HH Size | 2.62 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 15,226 |
|---|---|
| Vacant | 574 |
| Owner Occupied | 79.0% |
| Renter Occupied | 21.0% |
| Avg HH Size | 2.62 |
ZIP code 40245 is located in Louisville, Kentucky, within Jefferson County. With a population of 39,261, this is a highly populated ZIP code with a middle-aged community — the median age is 40.8 years. Economically, 40245 is a upper-middle-income ZIP code: the median household income of $120,171 is significantly above the national average.
Real estate in ZIP code 40245 represents a premium housing market. The median home value of $432,900 is significantly above the national average. Renters can expect to pay around $1,605 per month in median rent. Homeownership is strong here — 79.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 27% since 2019.
The population of 40245 is primarily White (73.77%). Residents are highly educated — 64.9% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 6.1%. Household income has grown by 6% since 2019.
The unemployment rate in 40245 stands at 2.9%, which is below the national average. About 19% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 73%.
Overall, ZIP code 40245 in Louisville, KY is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 39,261 residents, a median household income of $120,171, and a median home value of $432,900, it offers a clear picture of life in this part of Kentucky.