ZIP Code 40059

standard

Source:

Prospect · Jefferson County · Kentucky

Population
16,708

249/sq mi

Median income
$152,727

▲ 100% vs US

higher than 96% of US ZIPs

Median home value
$559,300

▲ 101% vs US

higher than 89% of US ZIPs

Bachelor's or higher
70.1%

Median age 47.2

Land area
67.2 sq mi

New York

ZIP code 40059 in Prospect, Kentucky has a population of 16,708. The median household income is $152,727, which is 100% above the national average. Median home value is $559,300, 101% above the US average. 70.1% of residents hold a bachelor's degree or higher.

ZIP code 40059 is classified by USPS as a standard delivery area and covers roughly 67.2 square miles in Prospect, Jefferson County, Kentucky. The area is home to 16,708 residents, producing a population density of 249 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 40059 against Kentucky and the nation.

On the economic side, the median household income for ZIP 40059 sits at $152,727 (156% above the Kentucky average), while per-capita income is $91,414. The poverty rate stands at 2.2% and the unemployment rate at 4.5%. On housing, the median home value is $559,300 (252% above the state average) with median rent at $2,006 per month, and 87.4% of occupied units are owner-occupied, a direct signal of whether 40059 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 70.1% of adults hold a bachelor's degree or higher, the median age is 47.2, and the average commute is 26 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Jefferson County, so you can benchmark 40059 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 40059

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 40059.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 40059, Prospect, KY · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

16,708

Population

67.2

Area (sq mi)

249

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 40059?

47.2

Median Age

49.7%

Male

50.3%

Female

7.3%

Foreign-Born

White 87.0%
African American 3.4%
Asian 4.0%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.7%
Hispanic or Latino 2.4%

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?

$152,727

Median Household Income

+156% vs state

$91,414

Per Capita Income

2.2%

Poverty Rate

4.5%

Unemployment Rate

26.4 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 78.4%
Bachelor's Degree or Higher 70.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

8,840

Total Housing Units

8,250

Occupied Units

590

Vacant Units

2.52

Avg Household Size

Occupancy Type

Owner 87.4%
Renter 12.6%

$559,300

Median Home Value

+252% vs state

$2,006

Median Rent

1999

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+4.2%

YoY Change (2024)

190

HPI Index (2000 = 100)

+90%

Total Change Since 2000

Home values in ZIP 40059 have increased 4.2% over the past year (2024). Since 2000, this ZIP has seen +90% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.6% 143
2021 +11.7% 159
2022 +9.5% 175
2023 +4.3% 182
2024 +4.2% 190

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 537 business establishments in ZIP 40059, employing approximately 3,862 people with a combined annual payroll of $190,294,000.

537

Businesses

3,862

Employees

$190.3M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 92 17.1%
Health care and social assistance 76 14.2%
Real estate and rental and leasing 59 11.0%
Accommodation and food services 43 8.0%
Finance and insurance 40 7.5%
Construction 39 7.3%
Retail trade 36 6.7%
Administrative and support and waste management and remediation services 36 6.7%
Other services (except public administration) 36 6.7%
Wholesale trade 24 4.5%
Arts, entertainment, and recreation 21 3.9%
Information 9 1.7%
Educational services 9 1.7%
Transportation and warehousing 7 1.3%
Agriculture, forestry, fishing and hunting 5 0.9%
Management of companies and enterprises 3 0.6%

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 40059 vs 40241 →

ZIP Code City Population Distance
40241 Louisville, KY 28,988 4.1 mi
40242 Louisville, KY 10,930 5.6 mi
40025 Glenview, KY 59 5.0 mi
40222 Louisville, KY 21,359 6.2 mi
47130 Jeffersonville, IN 44,722 5.8 mi
40026 Goshen, KY 5,458 5.8 mi
47111 Charlestown, IN 14,533 7.5 mi
40223 Louisville, KY 22,011 7.4 mi
40207 Louisville, KY 29,745 7.3 mi
40010 Buckner, KY 587 7.8 mi

More ZIP Codes in Jefferson County

Frequently Asked Questions

What county is ZIP code 40059 in?
ZIP code 40059 (Prospect) is located in Jefferson County, Kentucky. Jefferson County contains multiple ZIP codes, see the full list at /counties/jefferson-ky.
What is the population of ZIP code 40059?
ZIP code 40059 in Prospect, KY has a population of 16,708 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40059?
The median household income in ZIP 40059 is $152,727, which is 100% above the national average of $76,288.
What is the average home value in ZIP 40059?
The median home value in ZIP 40059 is $559,300, which is 101% above the national average of $278,155.
What is the demographic makeup of ZIP 40059?
The largest racial group in ZIP 40059 is White at 87.0%. Hispanic or Latino residents make up 2.4% of the population.
How many businesses are in ZIP code 40059?
ZIP code 40059 has 537 business establishments employing approximately 3,862 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40059?
The top industries by establishment count in ZIP 40059 are: Professional, scientific, and technical services (92), Health care and social assistance (76), Real estate and rental and leasing (59). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 40059?
According to the FHFA House Price Index, home values in ZIP 40059 increased by 4.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 90%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 40059?
In ZIP code 40059, 78.4% of residents aged 25+ have a high school diploma or higher, and 70.1% 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 40059?
The mean commute time for workers in ZIP code 40059 is 26.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 40059?
In ZIP code 40059, approximately 87.4% of occupied housing units are owner-occupied and 12.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40059?
The poverty rate in ZIP code 40059 is 2.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Prospect, KY

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.