40342 can be classified socioeconomically as Lower 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 40342 is White. The majority race/ethnicity attending public schools in 40342 is White. The current unemployment level in 40342 is 4.6%.
| Population | 23,430 |
| Population Growth Rate | 0% |
| Population Density | 125 People per Square Mile |
| Total Households | 8,275 |
| Percentage High Income Households | 1.3% |
| Median Household Income (2021) | $60,028 |
| Average Adjusted Gross Income (2021) | $374,730 |
| Current Unemployment Rate (May 2026) | 4.6% |
| Sales Tax Rate (2025) | 6% |
| Majority Race/Ethnicity | White - 94.91% |
| Public School Majority Race/Ethnicity | White - 89.98% |
40342 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 21,726 | 94.87% |
| Black | 578 | 2.52% |
| Hispanic | 492 | 2.15% |
| Asian | 95 | 0.41% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 11 | 0.05% |
40342 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 3,278 | 93.66% |
| Black | 57 | 1.63% |
| Hispanic | 131 | 3.74% |
| Asian | 26 | 0.74% |
| Native American | 7 | 0.2% |
| Hawaiian/Pac. Islander | 1 | 0.03% |
40342 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,291 | 10.15% |
| Bachelor Degree | 1,658 | 13.04% |
| High School Diploma | 4,440 | 34.92% |
| No High School Diploma | 239 | 1.88% |
| GED or Alternate | 1,070 | 8.42% |
| 1 or More Years of College | 1,900 | 14.95% |
| Associates Degree | 975 | 7.67% |
| Masters Degree | 953 | 7.5% |
| Professional Degree | 166 | 1.31% |
| Doctorate Degree | 21 | 0.17% |
