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ZIP Code 40241

ZIP / ZCTA

Population: 30,910

ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — 40241

What is the median household income in 40241?
The median household income in 40241 is $95,775 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in 40241?
The poverty rate in 40241 is 3.7% (U.S. Census Bureau ACS 2023).
What is the median home value in 40241?
$349,200 (U.S. Census Bureau ACS 2023).
What is the average rent in 40241?
The median gross rent in 40241 is $1,433 per month (U.S. Census Bureau ACS 2023).
What percentage of 40241 residents have a college degree?
57.9% of adults in 40241 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
30,910
Median Income
$95,775
Median Home Value
$349,200
Poverty Rate
3.7%
Unemployment (ACS 2023)
3.8%
Median Age
41.0 yrs
Since 2019 Median Income: +$13,403 (+16.3%) Home Value: +$75,200 (+27.4%) Poverty Rate: -0.1 pp (-2.6%) Bachelor's+: +4.1 pp (+7.6%) Unemployment: +0.3 pp (+8.6%)

Demographics

Total Population 30,910
Median Age 41.0
Female 51.4%
Race & Ethnicity
Hispanic or Latino 6.7% White (non-Hisp.) 72.1% Black 10.8% Asian 6.2% Two or More 8.0% Other 1.5%
Asian Subgroups (% of total pop.)
Indian
2.7%
Chinese
0.7%
Filipino
0.7%
Korean
0.5%
Vietnamese
0.5%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
3.0%
Cuban
0.5%
Puerto Rican
0.4%

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

Income & Poverty

Median Household Income $95,775 ±$6,389
Per Capita Income $132,256
Median Family Income $131,744
Poverty Rate 3.7%
Child Poverty Rate 5.3%
Working-Age Poverty Rate
SNAP Recipients 3.0%
Social Security Income
Retirement Income 30.1%
Household Income Distribution
< $10k
2.0%
$10–15k
1.2%
$15–25k
4.7%
$25–35k
5.8%
$35–50k
7.6%
$50–75k
15.0%
$75–100k
16.1%
$100–150k
17.2%
$150–200k
13.1%
$200k+
17.3%

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

Housing

Total Housing Units 13,634
Owner-Occupied 70.6%
Renter-Occupied 29.4%
Vacancy Rate 3.4%
Median Home Value $349,200
Median Gross Rent $1,433
Owner Cost Burden (30%+) 13.0%
Renter Cost Burden (30%+) 34.1%
Home Value Distribution
< $50k
1.6%
$50–100k
0.4%
$100–200k
2.5%
$200–300k
26.8%
$300–500k
43.9%
$500k–$1M
16.7%
$1M+
2.4%
Gross Rent Distribution
< $500
0.6%
$500–1k
8.3%
$1–1.5k
48.7%
$1.5–2k
27.9%
$2–2.5k
9.4%
$2.5–3.5k
3.3%
$3.5k+
1.8%
Vehicle Availability
No vehicle
3.7%
1 vehicle
33.5%
2 vehicles
43.1%
3+
19.7%
Housing Type
Single-fam. det.
58.4%
Single-fam. att.
9.3%
2–4 units
0.4%
5–19 units
9.5%
20+ units
8.7%
Mobile home
0.3%
Housing Age
Pre-1940
0.2%
1970–1999
17.0%
2000–2009
19.7%
2010+
9.3%

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

Education

High School or Higher 97.3%
Bachelor's or Higher 57.9%
Graduate Degree 25.5%
Some College / Associate 17.5%
Less Than High School 1.5%
Enrolled in School

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

Employment

Labor Force Participation 67.2%
Unemployment Rate 3.8%
Work from Home 14.8%
Self-Employed 3.9%
Government Workers 11.3%
Private For-Profit 84.3%
Industry
Edu/Health
29.3%
Prof. Services
11.6%
Retail
11.3%
Manufacturing
10.7%
Finance
9.2%
Transportation
6.7%
Arts/Entmt.
6.1%
Construction
4.5%
Public Admin
3.1%
Information
1.9%
Wholesale
1.9%
Agriculture
0.3%
Occupation
Management
52.5%
Sales
20.6%
Production
12.7%
Food Prep
10.3%
Construction
3.9%

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

Commute

Median Travel Time 21.5 min
Drove Alone 75.9%
Carpool 5.7%
Public Transit 1.2%
Work from Home 14.8%
Walked 1.0%
Bicycle

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

Households & Families

Total Households 13,165
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 50.3%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 20.4%
Multigenerational

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

Age Distribution

Under 5
6.6%
5–9
5.9%
10–14
5.3%
15–19
5.3%
20–24
4.6%
25–34
14.6%
35–44
11.9%
45–54
10.2%
55–64
7.8%
65–74
6.2%
75–84
12.2%
85+
6.9%
Under 18: 21.2% Working age (18–64): 78.8% 65 and over: 21.6%

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

Social Characteristics

Immigration

Foreign Born 12.3%
Naturalized Citizen 59.6%
Speaks English Less Than Very Well 4.7%
Foreign-Born Origin
Asia
39.2%
Latin America
24.0%
Africa
16.9%
Europe
16.7%

Veterans & Disability

Veteran 6.6%
With a Disability 11.4%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 95.8%
Uninsured 4.2%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 93.4%
Has a Computer 97.7%
Same House 1 Year Ago 84.1%
Moved from Abroad 1.0%

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