ZIP Code 40502
ZIP / ZCTAPopulation: 26,593
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 — 40502
- What is the median household income in 40502?
- The median household income in 40502 is $73,939 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 40502?
- The poverty rate in 40502 is 4.5% (U.S. Census Bureau ACS 2023).
- What is the median home value in 40502?
- $483,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in 40502?
- The median gross rent in 40502 is $1,068 per month (U.S. Census Bureau ACS 2023).
- What percentage of 40502 residents have a college degree?
- 67.1% of adults in 40502 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
26,593
Median Income
$73,939
Median Home Value
$483,600
Poverty Rate
4.5%
Unemployment (ACS 2023)
4.3%
Median Age
39.0 yrs
Since 2019
Median Income:
+$1,703 (+2.4%)
Home Value:
+$131,900 (+37.5%)
Poverty Rate:
-0.7 pp (-13.5%)
Bachelor's+:
+0.4 pp (+0.6%)
Unemployment:
+0.3 pp (+7.5%)
Demographics
Total Population
26,593
Median Age
39.0
Female
49.7%
Race & Ethnicity
Hispanic or Latino 4.3%
White (non-Hisp.) 85.3%
Black 3.8%
Asian 4.1%
Two or More 4.2%
Other 0.6%
Asian Subgroups (% of total pop.)
Indian
1.2%
Chinese
0.9%
Korean
0.4%
Japanese
0.2%
Filipino
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
1.7%
Puerto Rican
0.1%
Cuban
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$73,939
±$7,609
Per Capita Income
$122,721
Median Family Income
$151,490
Poverty Rate
4.5%
Child Poverty Rate
8.3%
Working-Age Poverty Rate
—
SNAP Recipients
2.9%
Social Security Income
—
Retirement Income
24.0%
Household Income Distribution
< $10k
5.2%
$10–15k
1.0%
$15–25k
7.5%
$25–35k
10.2%
$35–50k
12.4%
$50–75k
14.3%
$75–100k
9.3%
$100–150k
11.9%
$150–200k
8.6%
$200k+
19.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
14,232
Owner-Occupied
57.4%
Renter-Occupied
42.6%
Vacancy Rate
8.1%
Median Home Value
$483,600
Median Gross Rent
$1,068
Owner Cost Burden (30%+)
13.3%
Renter Cost Burden (30%+)
40.5%
Home Value Distribution
< $50k
1.1%
$50–100k
0.6%
$100–200k
3.6%
$200–300k
12.0%
$300–500k
30.4%
$500k–$1M
37.8%
$1M+
9.2%
Gross Rent Distribution
< $500
1.3%
$500–1k
41.5%
$1–1.5k
39.9%
$1.5–2k
10.7%
$2–2.5k
4.3%
$2.5–3.5k
2.3%
$3.5k+
0.1%
Vehicle Availability
No vehicle
5.6%
1 vehicle
42.3%
2 vehicles
37.1%
3+
15.0%
Housing Type
Single-fam. det.
56.1%
Single-fam. att.
7.3%
2–4 units
4.8%
5–19 units
7.1%
20+ units
9.9%
Mobile home
0.3%
Housing Age
Pre-1940
16.8%
1940–1969
6.2%
1970–1999
18.0%
2000–2009
2.3%
2010+
3.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
96.3%
Bachelor's or Higher
67.1%
Graduate Degree
32.8%
Some College / Associate
14.3%
Less Than High School
1.6%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
64.7%
Unemployment Rate
4.3%
Work from Home
15.3%
Self-Employed
5.8%
Government Workers
23.6%
Private For-Profit
70.2%
Industry
Edu/Health
33.4%
Prof. Services
15.8%
Finance
8.7%
Retail
8.6%
Arts/Entmt.
8.5%
Manufacturing
5.0%
Transportation
4.2%
Construction
3.7%
Public Admin
3.3%
Wholesale
1.7%
Agriculture
1.5%
Information
1.4%
Occupation
Management
61.0%
Sales
15.5%
Food Prep
13.9%
Production
6.7%
Construction
2.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
18.1 min
Drove Alone
73.9%
Carpool
4.9%
Public Transit
1.0%
Work from Home
15.3%
Walked
1.9%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
13,080
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
40.1%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
14.2%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.8%
5–9
4.7%
10–14
4.1%
15–19
5.3%
20–24
12.9%
25–34
12.7%
35–44
11.2%
45–54
9.8%
55–64
4.9%
65–74
7.8%
75–84
13.2%
85+
6.2%
Under 18: 17.7%
Working age (18–64): 82.3%
65 and over: 21.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
8.6%
Naturalized Citizen
52.9%
Speaks English Less Than Very Well
2.0%
Foreign-Born Origin
Asia
52.0%
Europe
18.8%
Latin America
18.1%
Africa
9.6%
Veterans & Disability
Veteran
5.4%
With a Disability
11.8%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.4%
Uninsured
4.6%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
93.7%
Has a Computer
96.7%
Same House 1 Year Ago
82.4%
Moved from Abroad
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023