Lily, KY · standard
ZIP Code 40740
Laurel County, Kentucky - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 3,321
- 79/sq mi Moderate-density area
- $63,701
- Median income Near-median income area
- $111,100
- Median home value Below-median home value
- 11.6%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Lily pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 36th pct
- household income, US ZIPs
- 13th pct
- home value, US ZIPs
- 79
- people per sq mi
- 64%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 40740 against every reporting US ZIP.
ZIP code 40740 covers 42.1 square miles in Lily, Laurel County, Kentucky (a standard USPS delivery area), with a modest 3,321 residents on file, a density of 79 people per square mile, in the New York time zone.
ZIP 40740 reports a modest median household income of $63,701 (7% above the average Kentucky ZIP), while per-capita income is $22,391. The poverty rate is 16.6%, with unemployment at 2.6%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $111,100 (30% below the average Kentucky ZIP), and median rent is $734; owner occupancy is 63.8%.
Formal educational attainment runs low here: just 11.6% of adults hold a bachelor's degree or higher, the median age is 39.7, and the average commute is 20 minutes. The page also surfaces 7 ZIP codes within roughly 10 miles and 5 more in Laurel County, so 40740 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 40740
Top 5 sectors by establishment count in Lily, KY
Which industries have the most business establishments in ZIP 40740.
- Retail trade
Retail trade
5 establishments
- Construction
Construction
4 establishments
- Manufacturing
Manufacturing
4 establishments
- Other services (except public administration)
Other services (except public administration)
4 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
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 40740, Lily, 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
3,321
Population
42.1
Area (sq mi)
79
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 40740?
39.7
Median Age
49.8%
Male
50.2%
Female
0.2%
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?
$63,701
Median Household Income
+7% vs state ZIP avg
$22,391
Per Capita Income
16.6%
Poverty Rate
2.6%
Unemployment Rate
20.3 min
Mean Commute Time
How ZIP 40740 ranks among Kentucky ZIPs
Lily, 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)
$63,701 Top 35% higher than 65% 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
1,422housing units
1,422
Total Housing Units
1,286
Occupied Units
136
Vacant Units
3.01
Avg Household Size
Occupancy Type
$111,100
Median Home Value
-30% vs state ZIP avg
$734
Median Rent
1995
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 24 business establishments in ZIP 40740, employing approximately 300 people with a combined annual payroll of $16,073,000.
24
Businesses
300
Employees
$16.1M
Annual Payroll
5
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 5 | 20.8% |
| Construction | 4 | 16.7% |
| Manufacturing | 4 | 16.7% |
| Other services (except public administration) | 4 | 16.7% |
| Administrative and support and waste management and remediation services | 3 | 12.5% |
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 40740 vs 40744 →
ZIP 40740 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 40701
Corbin (40701)
29,497 residents
- 40741
London (40741)
21,875 residents
- 40744
London (40744)
18,334 residents
- 40906 11,132
Barbourville (40906)
11,132 residents
- 40734 3,764
Gray (40734)
3,764 residents
- 40740 3,321
Lily (40740)
3,321 residents
- 40737 1,379
Keavy (40737)
1,379 residents
- 40743 229
London (40743)
229 residents
What this shows Among its immediate neighbors, ZIP 40740 ranks #6 by population - useful context the national average alone can't give.
ZIP 40740 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 40741
London (40741)
$64,552 median income
- 40744
London (40744)
$64,369 median income
- 40740
Lily (40740)
$63,701 median income
- 40701
Corbin (40701)
$47,204 median income
- 40737
Keavy (40737)
$47,096 median income
- 40734
Gray (40734)
$42,500 median income
- 40906 $23,375
Barbourville (40906)
$23,375 median income
What this shows By household income, ZIP 40740 ranks #3 of 7 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 40740, 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 (3,321 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Laurel County
Related Areas
Frequently Asked Questions
What county is ZIP code 40740 in?
ZIP code 40740 (Lily) is located in Laurel County, Kentucky. Laurel County contains multiple ZIP codes, see the full list at /counties/laurel-ky.
What is the population of ZIP code 40740?
ZIP code 40740 in Lily, KY has a population of 3,321 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40740?
The median household income in ZIP 40740 is $63,701, which is 16% below the national average of $76,288.
What is the average home value in ZIP 40740?
The median home value in ZIP 40740 is $111,100, which is 60% below the national average of $278,155.
What is the demographic makeup of ZIP 40740?
The largest racial group in ZIP 40740 is White at 94.9%. Hispanic or Latino residents make up 1.3% of the population.
How many businesses are in ZIP code 40740?
ZIP code 40740 has 24 business establishments employing approximately 300 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40740?
The top industries by establishment count in ZIP 40740 are: Retail trade (5), Construction (4), Manufacturing (4). There are 5 industry sectors represented in total.
What is the education level in ZIP code 40740?
In ZIP code 40740, 50.9% of residents aged 25+ have a high school diploma or higher, and 11.6% 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 40740?
The mean commute time for workers in ZIP code 40740 is 20.3 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 40740?
In ZIP code 40740, approximately 63.8% of occupied housing units are owner-occupied and 36.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40740?
The poverty rate in ZIP code 40740 is 16.6% 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 40740's numbers, next.
- See how ZIP 40740 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Lily, 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.