ZIP Code 40245

standard

Source:

Louisville · Jefferson County · Kentucky

Population
30,109

359/sq mi

Median income
$122,948

▲ 61% vs US

higher than 91% of US ZIPs

Median home value
$445,300

▲ 60% vs US

higher than 83% of US ZIPs

Bachelor's or higher
59.3%

Median age 40.8

Land area
83.9 sq mi

New York

ZIP code 40245 in Louisville, Kentucky has a population of 30,109. The median household income is $122,948, which is 61% above the national average. Median home value is $445,300, 60% above the US average. 59.3% of residents hold a bachelor's degree or higher.

ZIP code 40245 is classified by USPS as a standard delivery area and covers roughly 83.9 square miles in Louisville, Jefferson County, Kentucky. The area is home to 30,109 residents, producing a population density of 359 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 40245 against Kentucky and the nation.

On the economic side, the median household income for ZIP 40245 sits at $122,948 (106% above the Kentucky average), while per-capita income is $62,005. The poverty rate stands at 6.4% and the unemployment rate at 3.0%. On housing, the median home value is $445,300 (180% above the state average) with median rent at $1,688 per month, and 77.0% of occupied units are owner-occupied, a direct signal of whether 40245 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 59.3% of adults hold a bachelor's degree or higher, the median age is 40.8, and the average commute is 25 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Jefferson County, so you can benchmark 40245 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 40245

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 40245.

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 40245, 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

30,109

Population

83.9

Area (sq mi)

359

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 40245?

40.8

Median Age

47.9%

Male

52.1%

Female

9.1%

Foreign-Born

White 75.4%
African American 8.0%
Asian 7.3%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.0%
Hispanic or Latino 5.7%

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?

$122,948

Median Household Income

+106% vs state

$62,005

Per Capita Income

6.4%

Poverty Rate

3.0%

Unemployment Rate

24.5 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 59.3%

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

What does housing look like?

15,493

Total Housing Units

15,048

Occupied Units

445

Vacant Units

2.58

Avg Household Size

Occupancy Type

Owner 77.0%
Renter 23.0%

$445,300

Median Home Value

+180% vs state

$1,688

Median Rent

2003

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

+0.4%

YoY Change (2024)

203

HPI Index (2000 = 100)

+103%

Total Change Since 2000

Home values in ZIP 40245 have increased 0.4% over the past year (2024). Since 2000, this ZIP has seen +103% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.7% 143
2021 +9.8% 157
2022 +11.2% 174
2023 +16.0% 202
2024 +0.4% 203

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 747 business establishments in ZIP 40245, employing approximately 17,109 people with a combined annual payroll of $955,130,000.

747

Businesses

17,109

Employees

$955.1M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 123 16.5%
Health care and social assistance 85 11.4%
Finance and insurance 65 8.7%
Administrative and support and waste management and remediation services 59 7.9%
Construction 58 7.8%
Retail trade 58 7.8%
Real estate and rental and leasing 54 7.2%
Accommodation and food services 54 7.2%
Other services (except public administration) 53 7.1%
Transportation and warehousing 32 4.3%
Wholesale trade 29 3.9%
Educational services 20 2.7%
Manufacturing 19 2.5%
Arts, entertainment, and recreation 15 2.0%
Management of companies and enterprises 13 1.7%
Information 9 1.2%

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 40245 vs 40056 →

ZIP Code City Population Distance
40056 Pewee Valley, KY 3,263 3.5 mi
40223 Louisville, KY 22,011 4.9 mi
40014 Crestwood, KY 19,986 5.5 mi
40243 Louisville, KY 10,210 4.8 mi
40010 Buckner, KY 587 7.5 mi
40023 Fisherville, KY 4,118 7.0 mi
40067 Simpsonville, KY 5,114 5.5 mi
40242 Louisville, KY 10,930 7.6 mi
40241 Louisville, KY 28,988 7.2 mi
40299 Louisville, KY 38,371 7.9 mi

More ZIP Codes in Jefferson County

Frequently Asked Questions

What county is ZIP code 40245 in?
ZIP code 40245 (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 40245?
ZIP code 40245 in Louisville, KY has a population of 30,109 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40245?
The median household income in ZIP 40245 is $122,948, which is 61% above the national average of $76,288.
What is the average home value in ZIP 40245?
The median home value in ZIP 40245 is $445,300, which is 60% above the national average of $278,155.
What is the demographic makeup of ZIP 40245?
The largest racial group in ZIP 40245 is White at 75.4%. Hispanic or Latino residents make up 5.7% of the population.
How many businesses are in ZIP code 40245?
ZIP code 40245 has 747 business establishments employing approximately 17,109 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40245?
The top industries by establishment count in ZIP 40245 are: Professional, scientific, and technical services (123), Health care and social assistance (85), Finance and insurance (65). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 40245?
According to the FHFA House Price Index, home values in ZIP 40245 increased by 0.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 103%. 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 40245?
In ZIP code 40245, 72.0% of residents aged 25+ have a high school diploma or higher, and 59.3% 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 40245?
The mean commute time for workers in ZIP code 40245 is 24.5 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 40245?
In ZIP code 40245, approximately 77.0% of occupied housing units are owner-occupied and 23.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40245?
The poverty rate in ZIP code 40245 is 6.4% 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.