ZIP Code 40245
ZIP / ZCTAPopulation: 39,261
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 — 40245
- What is the median household income in 40245?
- The median household income in 40245 is $120,171 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 40245?
- The poverty rate in 40245 is 5.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in 40245?
- $432,900 (U.S. Census Bureau ACS 2023).
- What is the average rent in 40245?
- The median gross rent in 40245 is $1,605 per month (U.S. Census Bureau ACS 2023).
- What percentage of 40245 residents have a college degree?
- 59.0% of adults in 40245 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
39,261
Median Income
$120,171
Median Home Value
$432,900
Poverty Rate
5.0%
Unemployment (ACS 2023)
2.9%
Median Age
40.0 yrs
Since 2019
Median Income:
+$6,915 (+6.1%)
Home Value:
+$91,600 (+26.8%)
Poverty Rate:
+1.5 pp (+42.9%)
Bachelor's+:
-0.3 pp (-0.5%)
Unemployment:
-0.2 pp (-6.5%)
Demographics
Total Population
39,261
Median Age
40.0
Female
51.2%
Race & Ethnicity
Hispanic or Latino 5.8%
White (non-Hisp.) 73.8%
Black 8.4%
Asian 7.7%
Two or More 6.8%
Other 1.9%
Asian Subgroups (% of total pop.)
Indian
5.0%
Chinese
0.5%
Vietnamese
0.3%
Filipino
0.2%
Japanese
0.2%
Korean
0.1%
Hispanic Subgroups (% of total pop.)
Cuban
2.1%
Mexican
1.5%
Puerto Rican
0.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$120,171
±$6,806
Per Capita Income
$164,710
Median Family Income
$152,310
Poverty Rate
5.0%
Child Poverty Rate
4.5%
Working-Age Poverty Rate
—
SNAP Recipients
3.4%
Social Security Income
—
Retirement Income
28.9%
Household Income Distribution
< $10k
2.1%
$10–15k
2.2%
$15–25k
3.7%
$25–35k
5.9%
$35–50k
6.5%
$50–75k
8.7%
$75–100k
11.0%
$100–150k
18.6%
$150–200k
16.1%
$200k+
25.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
15,226
Owner-Occupied
79.0%
Renter-Occupied
21.0%
Vacancy Rate
3.8%
Median Home Value
$432,900
Median Gross Rent
$1,605
Owner Cost Burden (30%+)
16.0%
Renter Cost Burden (30%+)
42.4%
Home Value Distribution
< $50k
1.1%
$50–100k
1.0%
$100–200k
1.4%
$200–300k
12.7%
$300–500k
51.2%
$500k–$1M
28.6%
$1M+
2.0%
Gross Rent Distribution
< $500
5.9%
$500–1k
4.2%
$1–1.5k
31.8%
$1.5–2k
38.3%
$2–2.5k
11.6%
$2.5–3.5k
3.5%
$3.5k+
4.7%
Vehicle Availability
No vehicle
1.5%
1 vehicle
25.6%
2 vehicles
45.6%
3+
27.4%
Housing Type
Single-fam. det.
73.8%
Single-fam. att.
7.3%
2–4 units
3.2%
5–19 units
4.1%
20+ units
4.6%
Mobile home
0.2%
Housing Age
Pre-1940
0.3%
1940–1969
0.8%
1970–1999
6.7%
2000–2009
35.9%
2010+
22.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
96.5%
Bachelor's or Higher
59.0%
Graduate Degree
23.2%
Some College / Associate
19.1%
Less Than High School
1.4%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
61.5%
Unemployment Rate
2.9%
Work from Home
19.4%
Self-Employed
3.9%
Government Workers
8.7%
Private For-Profit
87.3%
Industry
Edu/Health
25.8%
Manufacturing
12.8%
Prof. Services
11.5%
Finance
10.5%
Retail
8.2%
Transportation
6.9%
Arts/Entmt.
6.6%
Construction
5.7%
Wholesale
3.1%
Public Admin
2.2%
Information
1.6%
Agriculture
0.5%
Occupation
Management
56.4%
Sales
19.0%
Production
10.9%
Food Prep
9.2%
Construction
4.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
24.6 min
Drove Alone
72.9%
Carpool
6.6%
Public Transit
0.1%
Work from Home
19.4%
Walked
0.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
14,652
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
60.5%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
24.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
7.1%
5–9
5.1%
10–14
6.3%
15–19
7.2%
20–24
5.2%
25–34
11.1%
35–44
13.6%
45–54
14.7%
55–64
7.1%
65–74
6.1%
75–84
10.4%
85+
5.3%
Under 18: 22.7%
Working age (18–64): 77.3%
65 and over: 16.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
10.9%
Naturalized Citizen
53.9%
Speaks English Less Than Very Well
3.2%
Foreign-Born Origin
Asia
62.9%
Latin America
27.6%
Europe
4.3%
Africa
1.9%
Veterans & Disability
Veteran
6.6%
With a Disability
8.5%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.8%
Uninsured
3.2%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.5%
Has a Computer
97.7%
Same House 1 Year Ago
88.2%
Moved from Abroad
0.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023