40242 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 40242 is White. The majority race/ethnicity attending public schools in 40242 is White. The current unemployment level in 40242 is 4.6%.
| Population | 11,544 |
| Population Growth Rate | -5.08% |
| Population Density | 3,420 People per Square Mile |
| Total Households | 4,428 |
| Percentage High Income Households | 3.1% |
| Median Household Income (2021) | $76,534 |
| Average Adjusted Gross Income (2021) | $321,210 |
| Current Unemployment Rate (May 2026) | 4.6% |
| Sales Tax Rate (2025) | 6.0% |
| Majority Race/Ethnicty | White - 78.26% |
| Public School Majority Race/Ethnicty | White - 50.77% |
40242 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 8,652 | 78.07% |
| Black | 1,259 | 11.36% |
| Hispanic | 553 | 4.99% |
| Asian | 582 | 5.25% |
| Native American | 9 | 0.08% |
| Hawaiian/Pac. Islander | 28 | 0.25% |
40242 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 461 | 54.49% |
| Black | 160 | 18.91% |
| Hispanic | 157 | 18.56% |
| Asian | 66 | 7.8% |
| Native American | 1 | 0.12% |
| Hawaiian/Pac. Islander | 1 | 0.12% |
40242 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 501 | 7.09% |
| Bachelor Degree | 2,177 | 30.79% |
| High School Diploma | 1,071 | 15.15% |
| No High School Diploma | 50 | 0.71% |
| GED or Alternate | 186 | 2.63% |
| 1 or More Years of College | 1,171 | 16.56% |
| Associates Degree | 613 | 8.67% |
| Masters Degree | 976 | 13.8% |
| Professional Degree | 210 | 2.97% |
| Doctorate Degree | 115 | 1.63% |