| ZIP Code | 40734 |
|---|---|
| City | Gray |
| State | Kentucky (KY) |
| County | Knox County |
| Area Code | 606 |
| Elevation | 1,316 ft |
| Latitude | 36.929945 |
|---|---|
| Longitude | -83.975035 |
| Timezone | New York (DST) |
| FIPS | 21121 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.0 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.61 |
| Below Poverty | 30.7% ▲ 207% above avg |
| College Grads | 14.7% ▼ 62% below avg |
| Unemployment | 7.7% ▲ 56% above avg |
| No HS Diploma | 157 (6.9%) |
| HS Graduate | 900 (39.6%) |
| Some College | 467 (20.5%) |
| Associates | 415 (18.2%) |
| Bachelors | 141 (6.2%) |
| Graduate Degree | 194 (8.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $40,270 ▼ 47% below avg ↑ 36% since 2019 |
|---|---|
| Median Home Value | $112,400 ▼ 60% below avg ↑ 33% since 2019 |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $674/mo ↑ 30% since 2019 |
| Total Units | 1,712 |
| Vacant Units | 323 |
| Avg HH Size | 2.61 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,712 |
|---|---|
| Vacant | 323 |
| Owner Occupied | 78.2% |
| Renter Occupied | 21.8% |
| Avg HH Size | 2.61 |
ZIP code 40734 is located in Gray, Kentucky, within Knox County. With a population of 3,633, this is a sparsely populated ZIP code with a middle-aged community — the median age is 42 years. Economically, 40734 is a working-class ZIP code: the median household income of $40,270 is below the national average.
Real estate in ZIP code 40734 represents one of the more affordable housing markets in the country. The median home value of $112,400 is well below the national average. Renters can expect to pay around $674 per month in median rent. Homeownership is strong here — 78.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 33% since 2019.
The population of 40734 is primarily White (97.74%). Residents are less-educated — 14.7% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 30.7%. Household income has grown by 36% since 2019.
The unemployment rate in 40734 stands at 7.7%, which is significantly above the national average. About 15% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 81%.
Overall, ZIP code 40734 in Gray, KY is characterized as working-class, less-educated, a middle-aged community, and predominantly owner-occupied. With 3,633 residents, a median household income of $40,270, and a median home value of $112,400, it offers a clear picture of life in this part of Kentucky.