ZIP Code 40242
ZIP / ZCTAPopulation: 11,099
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 — 40242
- What is the median household income in 40242?
- The median household income in 40242 is $79,201 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 40242?
- The poverty rate in 40242 is 7.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in 40242?
- $293,200 (U.S. Census Bureau ACS 2023).
- What is the average rent in 40242?
- The median gross rent in 40242 is $1,239 per month (U.S. Census Bureau ACS 2023).
- What percentage of 40242 residents have a college degree?
- 47.5% of adults in 40242 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
11,099
Median Income
$79,201
Median Home Value
$293,200
Poverty Rate
7.3%
Unemployment (ACS 2023)
5.1%
Median Age
36.0 yrs
Since 2019
Median Income:
+$9,459 (+13.6%)
Home Value:
+$84,600 (+40.6%)
Poverty Rate:
+1.2 pp (+19.7%)
Bachelor's+:
+0.5 pp (+1.1%)
Unemployment:
+1.4 pp (+37.8%)
Demographics
Total Population
11,099
Median Age
36.0
Female
53.9%
Race & Ethnicity
Hispanic or Latino 3.2%
White (non-Hisp.) 71.9%
Black 14.8%
Asian 5.5%
Two or More 4.3%
Other 1.4%
Asian Subgroups (% of total pop.)
Filipino
3.0%
Chinese
1.4%
Vietnamese
0.6%
Indian
0.4%
Korean
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
0.9%
Puerto Rican
0.2%
Cuban
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$79,201
±$9,403
Per Capita Income
$99,327
Median Family Income
$97,523
Poverty Rate
7.3%
Child Poverty Rate
13.0%
Working-Age Poverty Rate
—
SNAP Recipients
3.7%
Social Security Income
—
Retirement Income
22.9%
Household Income Distribution
< $10k
5.0%
$10–15k
1.4%
$15–25k
3.0%
$25–35k
7.6%
$35–50k
7.9%
$50–75k
23.7%
$75–100k
13.5%
$100–150k
16.5%
$150–200k
11.7%
$200k+
9.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
4,963
Owner-Occupied
69.1%
Renter-Occupied
30.9%
Vacancy Rate
3.2%
Median Home Value
$293,200
Median Gross Rent
$1,239
Owner Cost Burden (30%+)
12.9%
Renter Cost Burden (30%+)
42.7%
Home Value Distribution
< $50k
1.1%
$50–100k
0.9%
$100–200k
3.6%
$200–300k
35.4%
$300–500k
44.9%
$500k–$1M
2.9%
Gross Rent Distribution
< $500
0.6%
$500–1k
13.1%
$1–1.5k
61.5%
$1.5–2k
19.1%
$2–2.5k
4.2%
$3.5k+
1.6%
Vehicle Availability
No vehicle
3.7%
1 vehicle
35.2%
2 vehicles
45.2%
3+
16.0%
Housing Type
Single-fam. det.
70.6%
Single-fam. att.
7.1%
2–4 units
0.7%
5–19 units
8.7%
20+ units
1.8%
Housing Age
Pre-1940
2.1%
1940–1969
0.6%
1970–1999
24.5%
2000–2009
5.4%
2010+
0.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
94.7%
Bachelor's or Higher
47.5%
Graduate Degree
20.3%
Some College / Associate
19.2%
Less Than High School
3.2%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
72.0%
Unemployment Rate
5.1%
Work from Home
15.9%
Self-Employed
6.1%
Government Workers
11.3%
Private For-Profit
82.5%
Industry
Edu/Health
23.9%
Retail
11.4%
Prof. Services
10.6%
Manufacturing
9.7%
Finance
9.4%
Arts/Entmt.
8.9%
Transportation
7.4%
Construction
5.1%
Public Admin
2.5%
Information
2.3%
Wholesale
1.9%
Agriculture
0.1%
Occupation
Management
45.8%
Sales
23.6%
Production
13.0%
Food Prep
12.5%
Construction
5.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
19.7 min
Drove Alone
75.2%
Carpool
7.7%
Public Transit
0.4%
Work from Home
15.9%
Walked
0.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
4,805
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
40.7%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
15.7%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
8.8%
5–9
6.0%
10–14
5.4%
15–19
5.4%
20–24
4.1%
25–34
18.3%
35–44
11.2%
45–54
10.7%
55–64
5.3%
65–74
6.3%
75–84
11.4%
85+
5.3%
Under 18: 24.7%
Working age (18–64): 75.3%
65 and over: 18.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
11.6%
Naturalized Citizen
32.5%
Speaks English Less Than Very Well
4.6%
Foreign-Born Origin
Asia
45.3%
Africa
27.2%
Latin America
17.9%
Europe
7.2%
Veterans & Disability
Veteran
5.0%
With a Disability
9.2%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
91.3%
Uninsured
8.7%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
93.8%
Has a Computer
97.2%
Same House 1 Year Ago
81.6%
Moved from Abroad
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023