US ZIP Code
40385

Waco, KY

Madison County  ·  Kentucky

● Active
👥 2,378 Population ↓ 20% since 2019
💰 $58,092 Median HH Income
▼ 24% below avg ↑ 26% since 2019
🎂 40.3 Median Age ↓ 3% since 2019
🏠 $176,000 Median Home Value
▼ 37% below avg ↑ 103% since 2019
🎓 25.9% College Grads
▼ 33% below avg
📊 2.3% Unemployment
▼ 53% below avg ↓ 80% since 2019
ZIP Code Details
ZIP Code40385
CityWaco
StateKentucky (KY)
CountyMadison County
Area Code606/859
Elevation881 ft
Latitude37.738202
Longitude-84.133667
TimezoneNew York (DST)
FIPS21151
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.5% (1,154) Female 51.5% (1,224) ♀

Race & Ethnicity

White: 99.2%Other: 0.8%Race
White99.2%
Other0.8%

Age Breakdown

Under 5
6%
5–17
23%
18–24
4%
25–44
24%
45–64
24%
65+
14%

Key Indicators

Median Age40.3 yrs ↓ 3% since 2019
Avg Household Size2.58
Below Poverty11.8% ▲ 18% above avg
College Grads25.9% ▼ 33% below avg
Unemployment2.3% ▼ 53% below avg
No HS Diploma48 (3.3%)
HS Graduate571 (39.4%)
Some College282 (19.4%)
Associates174 (12%)
Bachelors103 (7.1%)
Graduate Degree272 (18.8%)

Education

No HS: 3.3%HS Grad: 39.4%Some College: 19.4%Associates: 12%Bachelors: 7.1%Graduate: 18.8%Edu
No HS3.3%
HS Grad39.4%
Some College19.4%
Associates12.0%
Bachelors7.1%
Graduate18.8%
Housing & Income

Housing Tenure

Owner: 80.5%Renter: 19.5%Tenure
Owner80.5%
Renter19.5%

Home Value Distribution

Under $50k
14%
$50k–100k
10%
$100k–150k
12%
$150k–200k
22%
$200k–300k
14%
$300k–500k
20%
Over $500k
8%

Financials

Median HH Income$58,092 ▼ 24% below avg ↑ 26% since 2019
Median Home Value$176,000 ▼ 37% below avg ↑ 103% since 2019
Home/Income Ratio3.0x (nat avg ~3.5x)
Median Rent$675/mo ↓ 20% since 2019
Total Units1,256
Vacant Units336
Avg HH Size2.58

Income Distribution

Under $25k
19%
$25k–50k
17%
$50k–75k
24%
$75k–100k
17%
$100k–150k
16%
$150k–200k
5%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
90%
Work From Home
10%

Commute Time

Under 15 min
22%
15–30 min
31%
30–45 min
32%
Over 45 min
16%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
5%
1960s–1970s
16%
1980s–1990s
18%
2000+
59%

Summary

Total Units1,256
Vacant336
Owner Occupied80.5%
Renter Occupied19.5%
Avg HH Size2.58
Frequently Asked Questions
ZIP code 40385 is in Waco, KY, in Madison County.
ZIP code 40385 is located in Kentucky (KY).
ZIP code 40385 is in Madison County, KY.
ZIP 40385 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 40385 is 2,378 people (ACS 2023).
The median household income in ZIP code 40385 is $58,092 (ACS 2023).
The median home value in ZIP 40385 is $176,000 (ACS 2023).
About ZIP Code 40385

ZIP code 40385 is located in Waco, Kentucky, within Madison County. With a population of 2,378, this is a sparsely populated ZIP code with a middle-aged community — the median age is 40.3 years. Economically, 40385 is a solidly middle-class ZIP code: the median household income of $58,092 is below the national average.

Real estate in ZIP code 40385 represents an affordable housing market. The median home value of $176,000 is below the national average. Renters can expect to pay around $675 per month in median rent. Homeownership is strong here — 80.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 103% since 2019.

The population of 40385 is primarily White (99.16%). Residents are moderately educated — 25.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 11.8%. Household income has grown by 26% since 2019.

The unemployment rate in 40385 stands at 2.3%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 85%.

Overall, ZIP code 40385 in Waco, KY is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 2,378 residents, a median household income of $58,092, and a median home value of $176,000, it offers a clear picture of life in this part of Kentucky.