PlainZIP

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
$63,701
Median income
$111,100
Median home value
11.6%
Bachelor's or higher

The verdict

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 Kentucky average), while per-capita income is $22,391. 16.6% of residents live below the poverty line, and the unemployment rate reads 2.6%. The typical home here is valued at $111,100 (30% below the state average); renters pay a median of $734 monthly, and 63.8% of units are owner-occupied.

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. To put 40740 in local context, 7 ZIP codes within roughly 10 miles appear further down this page alongside 5 additional ZIPs in Laurel County, for a geography-aware comparison.

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.

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 + 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

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 40740?

39.7

Median Age

49.8%

Male

50.2%

Female

0.2%

Foreign-Born

White 94.9%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.9%
Two or More Ethnicities 4.2%
Hispanic or Latino 1.3%

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

$22,391

Per Capita Income

16.6%

Poverty Rate

2.6%

Unemployment Rate

20.3 min

Mean Commute Time

How ZIP 40740 ranks nationally

Lily, KY household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$63,701 36th percentile higher than 36% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 50.9%
Bachelor's Degree or Higher 11.6%

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

What does housing look like?

1,422

Total Housing Units

1,286

Occupied Units

136

Vacant Units

3.01

Avg Household Size

Occupancy Type

Owner 63.8%
Renter 36.2%

$111,100

Median Home Value

-30% vs state

$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.

residents

What this shows Among its immediate neighbors, ZIP 40740 ranks #6 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 40740 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
40744 London, KY 18,334 3.6 mi
40737 Keavy, KY 1,379 5.5 mi
40743 London, KY 229 6.1 mi
40734 Gray, KY 3,764 7.2 mi
40741 London, KY 21,875 9.7 mi
40701 Corbin, KY 29,497 9.9 mi
40906 Barbourville, KY 11,132 12.4 mi

More ZIP Codes in Laurel County

40741 standard
London, KY
Pop: 21,875
40744 standard
London, KY
Pop: 18,334
40729 standard
East Bernstadt, KY
Pop: 5,485
40737 standard
Keavy, KY
Pop: 1,379
40743 standard
London, KY
Pop: 229

Related Areas

Laurel County Lily, KY Kentucky

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.

Read our methodology to see how this data is sourced, computed, and verified.