40514 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 40514 is White. The current unemployment level in 40514 is 4.6%.
| Population | 17,238 |
| Population Growth Rate | 8.70% |
| Population Density | 5,619 People per Square Mile |
| Total Households | 5,632 |
| Percentage High Income Households | 5.9% |
| Median Household Income (2021) | $87,271 |
| Average Adjusted Gross Income (2021) | $307,230 |
| Current Unemployment Rate (May 2026) | 4.6% |
| Sales Tax Rate (2025) | 6.0% |
| Majority Race/Ethnicty | White - 86.75% |
40514 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 14,477 | 86.75% |
| Black | 738 | 4.42% |
| Hispanic | 574 | 3.44% |
| Asian | 884 | 5.3% |
| Native American | 16 | 0.1% |
| Hawaiian/Pac. Islander | 0 | 0% |
40514 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 383 | 3.93% |
| Bachelor Degree | 2,725 | 27.96% |
| High School Diploma | 1,358 | 13.93% |
| No High School Diploma | 48 | 0.49% |
| GED or Alternate | 250 | 2.56% |
| 1 or More Years of College | 2,024 | 20.77% |
| Associates Degree | 806 | 8.27% |
| Masters Degree | 1,347 | 13.82% |
| Professional Degree | 452 | 4.64% |
| Doctorate Degree | 354 | 3.63% |