40031 can be classified socioeconomically as Middle Class class compared to other ZIP Codes in Kentucky based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 40031 is White. The majority race/ethnicity attending public schools in 40031 is White. The current unemployment level in 40031 is 4.6%.
| Population | 25,091 |
| Population Growth Rate | 0% |
| Population Density | 392 People per Square Mile |
| Total Households | 6,538 |
| Percentage High Income Households | 4.2% |
| Median Household Income (2021) | $83,248 |
| Average Adjusted Gross Income (2021) | $365,140 |
| Current Unemployment Rate (May 2026) | 4.6% |
| Sales Tax Rate (2025) | 6% |
| Majority Race/Ethnicity | White - 89.57% |
| Public School Majority Race/Ethnicity | White - 67.2% |
40031 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 22,007 | 89.55% |
| Black | 1,593 | 6.48% |
| Hispanic | 793 | 3.23% |
| Asian | 123 | 0.5% |
| Native American | 53 | 0.22% |
| Hawaiian/Pac. Islander | 5 | 0.02% |
40031 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 418 | 71.45% |
| Black | 20 | 3.42% |
| Hispanic | 145 | 24.79% |
| Asian | 1 | 0.17% |
| Native American | 1 | 0.17% |
| Hawaiian/Pac. Islander | 0 | 0% |
40031 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,473 | 10.76% |
| Bachelor Degree | 2,376 | 17.36% |
| High School Diploma | 3,280 | 23.97% |
| No High School Diploma | 116 | 0.85% |
| GED or Alternate | 1,575 | 11.51% |
| 1 or More Years of College | 2,480 | 18.12% |
| Associates Degree | 1,183 | 8.65% |
| Masters Degree | 875 | 6.39% |
| Professional Degree | 209 | 1.53% |
| Doctorate Degree | 117 | 0.86% |
