ZIP Code 40223

standard

Source:

Louisville · Jefferson County · Kentucky

Population
22,011

724/sq mi

Median income
$96,607

▲ 27% vs US

higher than 79% of US ZIPs

Median home value
$362,500

▲ 30% vs US

higher than 75% of US ZIPs

Bachelor's or higher
57.0%

Median age 43.1

Land area
30.4 sq mi

New York

ZIP code 40223 in Louisville, Kentucky has a population of 22,011. The median household income is $96,607, which is 27% above the national average. Median home value is $362,500, 30% above the US average. 57.0% of residents hold a bachelor's degree or higher.

ZIP code 40223 is classified by USPS as a standard delivery area and covers roughly 30.4 square miles in Louisville, Jefferson County, Kentucky. The area is home to 22,011 residents, producing a population density of 724 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 40223 against Kentucky and the nation.

On the economic side, the median household income for ZIP 40223 sits at $96,607 (62% above the Kentucky average), while per-capita income is $59,852. The poverty rate stands at 6.0% and the unemployment rate at 3.8%. On housing, the median home value is $362,500 (128% above the state average) with median rent at $1,482 per month, and 72.5% of occupied units are owner-occupied, a direct signal of whether 40223 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 57.0% of adults hold a bachelor's degree or higher, the median age is 43.1, and the average commute is 20 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Jefferson County, so you can benchmark 40223 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 40223

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 40223.

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 40223, Louisville, 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

22,011

Population

30.4

Area (sq mi)

724

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 40223?

43.1

Median Age

48.2%

Male

51.8%

Female

6.4%

Foreign-Born

White 80.1%
African American 8.4%
Asian 3.6%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.4%
Hispanic or Latino 4.0%

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?

$96,607

Median Household Income

+62% vs state

$59,852

Per Capita Income

6.0%

Poverty Rate

3.8%

Unemployment Rate

20.1 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 72.0%
Bachelor's Degree or Higher 57.0%

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

What does housing look like?

10,521

Total Housing Units

9,971

Occupied Units

550

Vacant Units

2.28

Avg Household Size

Occupancy Type

Owner 72.5%
Renter 27.5%

$362,500

Median Home Value

+128% vs state

$1,482

Median Rent

1981

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

+3.9%

YoY Change (2024)

219

HPI Index (2000 = 100)

+119%

Total Change Since 2000

Home values in ZIP 40223 have increased 3.9% over the past year (2024). Since 2000, this ZIP has seen +119% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.5% 163
2021 +9.9% 179
2022 +12.4% 201
2023 +5.1% 211
2024 +3.9% 219

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 1,207 business establishments in ZIP 40223, employing approximately 41,958 people with a combined annual payroll of $2,802,870,000.

1,207

Businesses

41,958

Employees

$2.8B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 199 16.5%
Finance and insurance 175 14.5%
Health care and social assistance 138 11.4%
Real estate and rental and leasing 97 8.0%
Other services (except public administration) 83 6.9%
Retail trade 77 6.4%
Wholesale trade 76 6.3%
Construction 75 6.2%
Administrative and support and waste management and remediation services 73 6.0%
Accommodation and food services 59 4.9%
Manufacturing 37 3.1%
Management of companies and enterprises 37 3.1%
Information 29 2.4%
Transportation and warehousing 24 2.0%
Arts, entertainment, and recreation 18 1.5%
Educational services 9 0.8%

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 40223 vs 40243 →

ZIP Code City Population Distance
40243 Louisville, KY 10,210 1.5 mi
40242 Louisville, KY 10,930 2.9 mi
40241 Louisville, KY 28,988 3.4 mi
40222 Louisville, KY 21,359 4.3 mi
40245 Louisville, KY 30,109 4.9 mi
40056 Pewee Valley, KY 3,263 4.3 mi
40220 Louisville, KY 33,109 5.1 mi
40207 Louisville, KY 29,745 6.3 mi
40299 Louisville, KY 38,371 6.9 mi
40041 Masonic Home, KY 286 6.7 mi

More ZIP Codes in Jefferson County

Frequently Asked Questions

What county is ZIP code 40223 in?
ZIP code 40223 (Louisville) 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 40223?
ZIP code 40223 in Louisville, KY has a population of 22,011 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40223?
The median household income in ZIP 40223 is $96,607, which is 27% above the national average of $76,288.
What is the average home value in ZIP 40223?
The median home value in ZIP 40223 is $362,500, which is 30% above the national average of $278,155.
What is the demographic makeup of ZIP 40223?
The largest racial group in ZIP 40223 is White at 80.1%. Hispanic or Latino residents make up 4.0% of the population.
How many businesses are in ZIP code 40223?
ZIP code 40223 has 1,207 business establishments employing approximately 41,958 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40223?
The top industries by establishment count in ZIP 40223 are: Professional, scientific, and technical services (199), Finance and insurance (175), Health care and social assistance (138). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 40223?
According to the FHFA House Price Index, home values in ZIP 40223 increased by 3.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 119%. 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 40223?
In ZIP code 40223, 72.0% of residents aged 25+ have a high school diploma or higher, and 57.0% 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 40223?
The mean commute time for workers in ZIP code 40223 is 20.1 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 40223?
In ZIP code 40223, approximately 72.5% of occupied housing units are owner-occupied and 27.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40223?
The poverty rate in ZIP code 40223 is 6.0% 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 Louisville, 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.