ZIP Code 40242
standardSource:
Louisville · Jefferson County · Kentucky
- Population
- 10,930
- Median income
- $75,417
- Median home value
- $299,600
- Bachelor's or higher
- 47.9%
- Land area
- 6.9 sq mi
1,582/sq mi
▼ 1% vs US
higher than 55% of US ZIPs
▲ 8% vs US
higher than 67% of US ZIPs
Median age 37.5
New York
ZIP code 40242 in Louisville, Kentucky has a population of 10,930. The median household income is $75,417, which is 1% below the national average. Median home value is $299,600, 8% above the US average. 47.9% of residents hold a bachelor's degree or higher.
ZIP code 40242 is classified by USPS as a standard delivery area and covers roughly 6.9 square miles in Louisville, Jefferson County, Kentucky. The area is home to 10,930 residents, producing a population density of 1,582 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 40242 against Kentucky and the nation.
On the economic side, the median household income for ZIP 40242 sits at $75,417 (26% above the Kentucky average), while per-capita income is $45,951. The poverty rate stands at 8.6% and the unemployment rate at 5.6%. On housing, the median home value is $299,600 (88% above the state average) with median rent at $1,314 per month, and 67.1% of occupied units are owner-occupied, a direct signal of whether 40242 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 47.9% of adults hold a bachelor's degree or higher, the median age is 37.5, 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 40242 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 40242
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 40242.
- Real estate and rental and leasing
Real estate and rental and leasing
19 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
18 establishments
- Retail trade
Retail trade
17 establishments
- Construction
Construction
15 establishments
- Other services (except public administration)
Other services (except public administration)
15 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 40242, 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
10,930
Population
6.9
Area (sq mi)
1,582
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 40242?
37.5
Median Age
46.6%
Male
53.4%
Female
11.5%
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?
$75,417
Median Household Income
+26% vs state
$45,951
Per Capita Income
8.6%
Poverty Rate
5.6%
Unemployment Rate
19.9 min
Mean Commute Time
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?
5,135
Total Housing Units
5,010
Occupied Units
125
Vacant Units
2.22
Avg Household Size
Occupancy Type
$299,600
Median Home Value
+88% vs state
$1,314
Median Rent
1976
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+1.8%
YoY Change (2024)
235
HPI Index (2000 = 100)
+135%
Total Change Since 2000
Home values in ZIP 40242 have increased 1.8% over the past year (2024). Since 2000, this ZIP has seen +135% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.0% | 170 |
| 2021 | +9.9% | 187 |
| 2022 | +12.1% | 209 |
| 2023 | +10.2% | 231 |
| 2024 | +1.8% | 235 |
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 127 business establishments in ZIP 40242, employing approximately 1,361 people with a combined annual payroll of $46,052,000.
127
Businesses
1,361
Employees
$46.1M
Annual Payroll
12
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Real estate and rental and leasing | 19 | 15.0% |
| Professional, scientific, and technical services | 18 | 14.2% |
| Retail trade | 17 | 13.4% |
| Construction | 15 | 11.8% |
| Other services (except public administration) | 15 | 11.8% |
| Administrative and support and waste management and remediation services | 10 | 7.9% |
| Health care and social assistance | 9 | 7.1% |
| Information | 5 | 3.9% |
| Educational services | 5 | 3.9% |
| Accommodation and food services | 5 | 3.9% |
| Wholesale trade | 4 | 3.1% |
| Arts, entertainment, and recreation | 4 | 3.1% |
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 40242 vs 40222 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 40222 | Louisville, KY | 21,359 | 1.7 mi |
| 40241 | Louisville, KY | 28,988 | 1.9 mi |
| 40223 | Louisville, KY | 22,011 | 2.9 mi |
| 40207 | Louisville, KY | 29,745 | 3.7 mi |
| 40025 | Glenview, KY | 59 | 3.5 mi |
| 40059 | Prospect, KY | 16,708 | 5.6 mi |
| 40220 | Louisville, KY | 33,109 | 4.5 mi |
| 40243 | Louisville, KY | 10,210 | 4.0 mi |
| 40041 | Masonic Home, KY | 286 | 4.3 mi |
| 40280 | Louisville, KY | 303 | 5.7 mi |
More ZIP Codes in Jefferson County
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Frequently Asked Questions
What county is ZIP code 40242 in? ▼
What is the population of ZIP code 40242? ▼
What is the median household income in ZIP 40242? ▼
What is the average home value in ZIP 40242? ▼
What is the demographic makeup of ZIP 40242? ▼
How many businesses are in ZIP code 40242? ▼
What are the main industries in ZIP code 40242? ▼
How have home values changed in ZIP code 40242? ▼
What is the education level in ZIP code 40242? ▼
What is the average commute time in ZIP 40242? ▼
What percentage of residents own vs. rent in ZIP 40242? ▼
What is the poverty rate in ZIP code 40242? ▼
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.
Read our methodology , how this data is sourced, computed, and verified.