Milton, KY · standard
ZIP Code 40045
Trimble County, Kentucky - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 3,451
- 23/sq mi Moderate-density area
- $76,607
- Median income Near-median income area
- $174,700
- Median home value Near-median home value
- 20.5%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Milton pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 43%
- household income, US ZIPs
- 36th pct
- home value, US ZIPs
- 23
- people per sq mi
- 79%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 40045 against every reporting US ZIP.
ZIP code 40045 covers 147.5 square miles in Milton, Trimble County, Kentucky (a standard USPS delivery area), with a modest 3,451 residents on file, a density of 23 people per square mile, in the New York time zone.
ZIP 40045 lands in the middle-income range, with a median household income of $76,607 (28% above the average Kentucky ZIP), while per-capita income is $45,831. The poverty rate is 4.9%, with unemployment at 4.1%; those measures add context to the income figure. Median home value is $174,700 (10% above the average Kentucky ZIP) and median rent is $854; 79.2% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 20.5% of adults hold a bachelor's degree or higher, the median age is 45, and the average commute is 25 minutes. The page also surfaces 4 ZIP codes within roughly 10 miles and 1 more in Trimble County, so 40045 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 40045
Top 5 sectors by establishment count in Milton, KY
Which industries have the most business establishments in ZIP 40045.
- Retail trade
Retail trade
6 establishments
- Construction
Construction
5 establishments
- Accommodation and food services
Accommodation and food services
4 establishments
- Other services (except public administration)
Other services (except public administration)
4 establishments
- Manufacturing
Manufacturing
3 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 40045, Milton, KY · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
3,451
Population
147.5
Area (sq mi)
23
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 40045?
45.0
Median Age
51.3%
Male
48.7%
Female
1.4%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$76,607
Median Household Income
+28% vs state ZIP avg
$45,831
Per Capita Income
4.9%
Poverty Rate
4.1%
Unemployment Rate
24.8 min
Mean Commute Time
How ZIP 40045 ranks among Kentucky ZIPs
Milton, KY household income vs. every Kentucky ZIP code
Median household income among 646 reporting Kentucky ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$76,607 Top 17% higher than 83% of 646 Kentucky ZIPs
Each bar is a $20K-wide band; taller bars hold more Kentucky ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
1,605housing units
1,605
Total Housing Units
1,363
Occupied Units
242
Vacant Units
2.39
Avg Household Size
Occupancy Type
$174,700
Median Home Value
+10% vs state ZIP avg
$854
Median Rent
1979
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 32 business establishments in ZIP 40045, employing approximately 330 people with a combined annual payroll of $13,047,000.
32
Businesses
330
Employees
$13.0M
Annual Payroll
6
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 6 | 18.8% |
| Construction | 5 | 15.6% |
| Accommodation and food services | 4 | 12.5% |
| Other services (except public administration) | 4 | 12.5% |
| Manufacturing | 3 | 9.4% |
| Professional, scientific, and technical services | 3 | 9.4% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 40045 vs 40006 →
ZIP 40045 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47250
Madison (47250)
21,944 residents
- 47243 5,951
Hanover (47243)
5,951 residents
- 40006 5,084
Bedford (40006)
5,084 residents
- 40045 3,451
Milton (40045)
3,451 residents
- 47162 829
New Washington (47162)
829 residents
What this shows Among its immediate neighbors, ZIP 40045 ranks #4 by population - useful context the national average alone can't give.
ZIP 40045 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 40045
Milton (40045)
$76,607 median income
- 47243
Hanover (47243)
$65,197 median income
- 47250
Madison (47250)
$61,284 median income
- 40006
Bedford (40006)
$59,477 median income
- 47162
New Washington (47162)
$59,444 median income
What this shows By household income, ZIP 40045 ranks the highest of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 40045, both outside KY so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (3,451 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Trimble County
Related Areas
Frequently Asked Questions
What county is ZIP code 40045 in?
ZIP code 40045 (Milton) is located in Trimble County, Kentucky. Trimble County contains multiple ZIP codes, see the full list at /counties/trimble-ky.
What is the population of ZIP code 40045?
ZIP code 40045 in Milton, KY has a population of 3,451 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40045?
The median household income in ZIP 40045 is $76,607, which is 0% above the national average of $76,288.
What is the average home value in ZIP 40045?
The median home value in ZIP 40045 is $174,700, which is 37% below the national average of $278,155.
What is the demographic makeup of ZIP 40045?
The largest racial group in ZIP 40045 is White at 91.8%. Hispanic or Latino residents make up 5.5% of the population.
How many businesses are in ZIP code 40045?
ZIP code 40045 has 32 business establishments employing approximately 330 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40045?
The top industries by establishment count in ZIP 40045 are: Retail trade (6), Construction (5), Accommodation and food services (4). There are 6 industry sectors represented in total.
What is the education level in ZIP code 40045?
In ZIP code 40045, 62.5% of residents aged 25+ have a high school diploma or higher, and 20.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 40045?
The mean commute time for workers in ZIP code 40045 is 24.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 40045?
In ZIP code 40045, approximately 79.2% of occupied housing units are owner-occupied and 20.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40045?
The poverty rate in ZIP code 40045 is 4.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 40045's numbers, next.
- See how ZIP 40045 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Milton, KY ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.