ZIP Code 40507
ZIP / ZCTAPopulation: 2,225
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 — 40507
- What is the median household income in 40507?
- The median household income in 40507 is $34,543 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 40507?
- The poverty rate in 40507 is 0.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in 40507?
- $391,000 (U.S. Census Bureau ACS 2023).
- What is the average rent in 40507?
- The median gross rent in 40507 is $642 per month (U.S. Census Bureau ACS 2023).
- What percentage of 40507 residents have a college degree?
- 53.7% of adults in 40507 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,225
Median Income
$34,543
Median Home Value
$391,000
Poverty Rate
0.0%
Unemployment (ACS 2023)
1.2%
Median Age
50.0 yrs
Since 2019
Median Income:
+$4,255 (+14%)
Home Value:
+$76,900 (+24.5%)
Poverty Rate:
-2.6 pp (-100%)
Bachelor's+:
-2.4 pp (-4.3%)
Unemployment:
-4.7 pp (-79.7%)
Demographics
Total Population
2,225
Median Age
50.0
Female
39.3%
Race & Ethnicity
Hispanic or Latino 5.9%
White (non-Hisp.) 65.3%
Black 18.8%
Asian 1.8%
Two or More 9.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$34,543
±$8,813
Per Capita Income
$92,617
Median Family Income
$149,492
Poverty Rate
0.0%
Child Poverty Rate
0.0%
Working-Age Poverty Rate
—
SNAP Recipients
11.9%
Social Security Income
—
Retirement Income
24.9%
Household Income Distribution
< $10k
19.6%
$10–15k
13.4%
$15–25k
8.5%
$25–35k
9.1%
$35–50k
10.4%
$50–75k
12.3%
$75–100k
7.7%
$100–150k
8.2%
$150–200k
2.5%
$200k+
8.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
1,765
Owner-Occupied
21.6%
Renter-Occupied
78.4%
Vacancy Rate
7.8%
Median Home Value
$391,000
Median Gross Rent
$642
Owner Cost Burden (30%+)
11.4%
Renter Cost Burden (30%+)
45.3%
Home Value Distribution
< $50k
2.6%
$200–300k
19.9%
$300–500k
23.4%
$500k–$1M
41.6%
$1M+
3.7%
Gross Rent Distribution
< $500
31.7%
$500–1k
34.7%
$1–1.5k
17.5%
$1.5–2k
11.0%
$2–2.5k
3.9%
$2.5–3.5k
1.1%
Vehicle Availability
No vehicle
33.1%
1 vehicle
49.4%
2 vehicles
13.3%
3+
4.3%
Housing Type
Single-fam. det.
9.7%
Single-fam. att.
3.3%
2–4 units
4.9%
5–19 units
11.0%
20+ units
61.2%
Housing Age
Pre-1940
28.4%
1940–1969
0.6%
1970–1999
12.5%
2000–2009
22.7%
2010+
7.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
93.4%
Bachelor's or Higher
53.7%
Graduate Degree
29.6%
Some College / Associate
20.0%
Less Than High School
0.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
62.0%
Unemployment Rate
1.2%
Work from Home
10.4%
Self-Employed
7.9%
Government Workers
18.1%
Private For-Profit
73.5%
Industry
Prof. Services
32.2%
Edu/Health
18.4%
Arts/Entmt.
15.9%
Public Admin
9.3%
Retail
5.9%
Manufacturing
3.1%
Information
2.9%
Finance
2.5%
Construction
1.8%
Wholesale
1.8%
Agriculture
0.8%
Occupation
Management
65.4%
Food Prep
13.0%
Sales
12.4%
Production
5.0%
Construction
4.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
13.8 min
Drove Alone
52.5%
Carpool
6.4%
Public Transit
0.0%
Work from Home
10.4%
Walked
26.1%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,627
Avg. Household Size
1.00
Avg. Family Size
—
Married-Couple Households
15.2%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
3.9%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
1.8%
5–9
1.3%
10–14
0.6%
15–19
0.5%
20–24
17.8%
25–34
18.0%
35–44
6.6%
45–54
4.8%
55–64
11.1%
65–74
14.3%
75–84
14.4%
85+
5.3%
Under 18: 4.2%
Working age (18–64): 95.8%
65 and over: 23.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
6.0%
Naturalized Citizen
19.4%
Speaks English Less Than Very Well
0.6%
Foreign-Born Origin
Latin America
44.0%
Asia
29.1%
Europe
20.1%
Africa
6.7%
Veterans & Disability
Veteran
15.9%
With a Disability
29.5%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.1%
Uninsured
4.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
70.1%
Has a Computer
77.6%
Same House 1 Year Ago
70.9%
Moved from Abroad
1.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023