| ZIP Code | 40347 |
|---|---|
| City | Midway |
| State | Kentucky (KY) |
| County | Woodford County |
| Area Code | 502/859 |
| Elevation | 845 ft |
| Latitude | 38.158286 |
|---|---|
| Longitude | -84.728351 |
| Timezone | New York (DST) |
| FIPS | 21239 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.2 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.64 |
| Below Poverty | 9.2% ▼ 8% below avg |
| College Grads | 53.4% ▲ 38% above avg |
| Unemployment | 7.9% ▲ 62% above avg |
| No HS Diploma | 22 (0.9%) |
| HS Graduate | 435 (18.7%) |
| Some College | 253 (10.9%) |
| Associates | 373 (16%) |
| Bachelors | 164 (7.1%) |
| Graduate Degree | 1,077 (46.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $84,054 ▲ 10% above avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $318,400 ▲ 14% above avg ↑ 35% since 2019 |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $1,011/mo ↑ 22% since 2019 |
| Total Units | 1,520 |
| Vacant Units | 134 |
| Avg HH Size | 2.64 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,520 |
|---|---|
| Vacant | 134 |
| Owner Occupied | 75.3% |
| Renter Occupied | 24.7% |
| Avg HH Size | 2.64 |
ZIP code 40347 is located in Midway, Kentucky, within Woodford County. With a population of 4,004, this is a lightly populated ZIP code with a middle-aged community — the median age is 42.2 years. Economically, 40347 is a middle-income ZIP code: the median household income of $84,054 is near the national average.
Real estate in ZIP code 40347 represents a mid-range housing market. The median home value of $318,400 is near the national average. Renters can expect to pay around $1,011 per month in median rent. Homeownership is strong here — 75.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.
The population of 40347 is primarily White (86.36%). Residents are well-educated — 53.4% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 9.2%. Household income has grown by 25% since 2019.
The unemployment rate in 40347 stands at 7.9%, which is significantly above the national average. About 17% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 71%.
Overall, ZIP code 40347 in Midway, KY is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 4,004 residents, a median household income of $84,054, and a median home value of $318,400, it offers a clear picture of life in this part of Kentucky.