| ZIP Code | 40740 |
|---|---|
| City | Lily |
| State | Kentucky (KY) |
| County | Laurel County |
| Area Code | 606 |
| Elevation | 1,175 ft |
| Latitude | 37.020582 |
|---|---|
| Longitude | -84.037313 |
| Timezone | New York (DST) |
| FIPS | 21125 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.0 yrs ↑ 11% since 2019 |
|---|---|
| Avg Household Size | 2.98 |
| Below Poverty | 21.2% ▲ 112% above avg |
| College Grads | 19.6% ▼ 50% below avg |
| Unemployment | 3.7% ▼ 24% below avg |
| No HS Diploma | 10 (0.5%) |
| HS Graduate | 753 (35.5%) |
| Some College | 620 (29.2%) |
| Associates | 324 (15.3%) |
| Bachelors | 145 (6.8%) |
| Graduate Degree | 270 (12.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $60,824 ▼ 20% below avg ↑ 74% since 2019 |
|---|---|
| Median Home Value | $124,200 ▼ 55% below avg ↑ 27% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $773/mo ↑ 10% since 2019 |
| Total Units | 1,358 |
| Vacant Units | 31 |
| Avg HH Size | 2.98 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,358 |
|---|---|
| Vacant | 31 |
| Owner Occupied | 63.6% |
| Renter Occupied | 36.4% |
| Avg HH Size | 2.98 |
ZIP code 40740 is located in Lily, Kentucky, within Laurel County. With a population of 3,954, this is a sparsely populated ZIP code with a middle-aged community — the median age is 40 years. Economically, 40740 is a solidly middle-class ZIP code: the median household income of $60,824 is below the national average.
Real estate in ZIP code 40740 represents one of the more affordable housing markets in the country. The median home value of $124,200 is well below the national average. Renters can expect to pay around $773 per month in median rent. Homeownership is strong here — 63.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 27% since 2019.
The population of 40740 is primarily White (93.80%). Residents are less-educated — 19.6% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 21.2%. Household income has grown by 74% since 2019.
The unemployment rate in 40740 stands at 3.7%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 67%.
Overall, ZIP code 40740 in Lily, KY is characterized as solidly middle-class, less-educated, a middle-aged community, and predominantly owner-occupied. With 3,954 residents, a median household income of $60,824, and a median home value of $124,200, it offers a clear picture of life in this part of Kentucky.