40507 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 40507 is White. The majority race/ethnicity attending public schools in 40507 is African American. The current unemployment level in 40507 is 4.6%.
| Population | 2,057 |
| Population Growth Rate | 0.79% |
| Population Density | 4,756 People per Square Mile |
| Total Households | 1,031 |
| Percentage High Income Households | 3.3% |
| Median Household Income (2021) | $35,104 |
| Average Adjusted Gross Income (2021) | $801,820 |
| Current Unemployment Rate (May 2026) | 4.6% |
| Sales Tax Rate (2025) | 6.0% |
| Majority Race/Ethnicty | White - 83.46% |
| Public School Majority Race/Ethnicty | African American - 54.17% |
40507 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,620 | 83.46% |
| Black | 239 | 12.31% |
| Hispanic | 64 | 3.3% |
| Asian | 18 | 0.93% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
40507 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 41 | 20.4% |
| Black | 117 | 58.21% |
| Hispanic | 42 | 20.9% |
| Asian | 1 | 0.5% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
40507 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 71 | 6.68% |
| Bachelor Degree | 256 | 24.08% |
| High School Diploma | 147 | 13.83% |
| No High School Diploma | 26 | 2.45% |
| GED or Alternate | 41 | 3.86% |
| 1 or More Years of College | 209 | 19.66% |
| Associates Degree | 53 | 4.99% |
| Masters Degree | 61 | 5.74% |
| Professional Degree | 122 | 11.48% |
| Doctorate Degree | 77 | 7.24% |