40241, KY Demographics

Population 29,850 · Census ACS 2020–24

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40241, KY map of median age by neighborhood
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Population and households in ZIP 40241

Household size in ZIP 40241

Household size, people per household
PeriodZIP 40241Louisville areaKentuckyU.S.
2006–102.512.512.512.68
2010–142.502.552.532.73
2015–192.412.552.522.71
2020–242.402.502.512.65
Change−0.11−0.01−0.00−0.03
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ZIP 40241 is a place of small households, averaging 2.40 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has dropped from 2.51 in 2006–10, a much bigger shift than nationally. Households are largest in the west and smallest in the southeast.

Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).

Median age in ZIP 40241

Median age, years
PeriodZIP 40241Louisville areaKentuckyU.S.
2006–1038.638.538.537.7
2010–1440.439.439.338.6
2015–1943.040.040.039.6
2020–2442.940.239.940.1
Change+4.3+1.7+1.5+2.3
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ZIP 40241 skews older than the country: its median age is 42.9, against 40.1 nationally. The median age has climbed from 38.6 in 2006–10, mirroring the country. The youngest areas are in the east, the oldest in the northwest.

Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).

Single-parent households in ZIP 40241

Single-parent households, % of households
PeriodZIP 40241Louisville areaKentuckyU.S.
2006–105.5%12.6%11.7%12.3%
2010–148.2%12.6%11.9%12.3%
2015–197.0%11.6%11.8%11.6%
2020–245.2%12.4%11.9%11.6%
Change−0.2 pts−0.2 pts+0.2 pts−0.6 pts
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Single parents head only 5.2% of households in ZIP 40241, well below the national share of 11.6%. Only seven of the 203 Kentucky ZIP codes with 5,000+ people have a lower share of single-parent households.

Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).

Housing in ZIP 40241

Renters in ZIP 40241

Renters, % of occupied homes
PeriodZIP 40241Louisville areaKentuckyU.S.
2006–1029.2%30.5%30.1%33.3%
2010–1429.6%32.3%32.3%35.6%
2015–1930.5%32.5%32.8%36.0%
2020–2427.7%31.1%31.7%34.8%
Change−1.5 pts+0.6 pts+1.5 pts+1.5 pts
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More than a quarter of households in ZIP 40241 rent their homes (27.7%), below the national share of 34.8%; the rest own. Among homeowners, 42.1% have no mortgage at all, about the same as nationally. Since 2006–10, the renter share has fallen 1.5 points, even as the national share rose.

Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).

Vacant homes in ZIP 40241

Vacant homes, % of all homes
PeriodZIP 40241Louisville areaKentuckyU.S.
2006–105.6%9.8%12.2%11.4%
2010–146.2%9.8%11.9%11.4%
2015–196.5%9.8%12.3%11.1%
2020–243.4%7.9%10.6%9.6%
Change−2.3 pts−1.9 pts−1.6 pts−1.8 pts
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Only 3.4% of homes in ZIP 40241 are vacant, far below the national rate of 9.6%, which usually means strong demand for housing. Vacancy has fallen 2.3 points since 2006–10, in line with the national trend. Only four of the 203 Kentucky ZIP codes with 5,000+ people have a lower vacancy rate.

Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).

Age of homes in ZIP 40241

Age of homes, median year built
PeriodZIP 40241Louisville areaKentuckyU.S.
2006–101990197519771974
2010–141991197619791975
2015–191991197619801977
2020–241991198019821980
Change+1+5+5+6
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ZIP 40241 has newer housing than the country as a whole: the median home was built in 1991, versus 1980 nationally. Newer construction is concentrated in the southeast, while the southwest has the oldest housing.

Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).

Rent in ZIP 40241

Rent, per month
PeriodZIP 40241Louisville areaKentuckyU.S.
2006–10$1,142$769$657$965
2010–14$1,149$826$728$1,040
2015–19$1,438$928$814$1,213
2020–24$1,610$1,200$1,024$1,571
Change+$468+$431+$367+$606
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Rent in ZIP 40241 runs $1,610 a month at the median, utilities included, close to the U.S. median of $1,571. Rents here are higher than in the wider Louisville area ($1,200). Rents are up $468 a month from 2006–10, a 41% rise, a slower climb than the nation's. The typical renter here spends 30.3% of household income on rent, just over the 30% mark often used to define affordable rent.

Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).

Education in ZIP 40241

Bachelor's degrees in ZIP 40241

Bachelor's degrees, % of adults 25+
PeriodZIP 40241Louisville areaKentuckyU.S.
2006–1058.2%24.9%21.3%28.4%
2010–1458.6%26.7%22.5%29.6%
2015–1954.8%29.0%24.5%32.1%
2020–2458.2%32.8%27.6%35.6%
Change−0.1 pts+7.9 pts+6.2 pts+7.2 pts
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ZIP 40241 is highly educated: nearly six in ten adults 25 and older (58.2%) hold at least a bachelor's degree, far above the national share of 35.6%. College graduates are most concentrated in the northwest and least in the southeast. Of the 203 Kentucky ZIP codes with 5,000+ people, only nine have a higher share of college graduates.

Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).

High school graduates in ZIP 40241

High school graduates, % of adults 25+
PeriodZIP 40241Louisville areaKentuckyU.S.
2006–1096.9%86.4%81.7%84.9%
2010–1496.9%87.8%83.9%86.1%
2015–1996.6%90.1%86.4%87.7%
2020–2496.8%91.1%88.8%89.3%
Change−0.0 pts+4.7 pts+7.2 pts+4.3 pts
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High school completion is high in ZIP 40241: 96.8% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. Of the 203 Kentucky ZIP codes with 5,000+ people, only 11 have a higher share of high school graduates.

High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).

Jobs in ZIP 40241

Unemployment, % of the labor force
PeriodZIP 40241Louisville areaKentuckyU.S.
2006–104.7%8.4%8.4%8.1%
2010–144.5%9.1%9.5%9.4%
2015–193.5%5.2%5.8%5.6%
2020–244.6%4.8%5.1%5.4%
Change−0.1 pts−3.6 pts−3.3 pts−2.7 pts
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Unemployment in ZIP 40241 runs below the national rate: 4.6% of the labor force was out of work and looking, against 5.4% nationally. The Louisville area as a whole looks much the same. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.

Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).

ZIP 40241 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 402412.4042.95.2%27.7%3.4%1991$1,61058.2%96.8%4.6%
ZIP 402422.1741.38.2%34.3%3.3%1978$1,45950.2%96.4%4.9%
ZIP 400592.6246.85.8%12.2%6.7%1999$1,87271.1%98.3%4.5%
ZIP 402222.2441.65.5%43.6%8.5%1979$1,63958.9%94.9%3.3%
ZIP 402232.3443.66.3%30.6%5.1%1981$1,59056.6%97.9%3.8%
ZIP 400252.3756.10.3%4.6%1.7%1973$1,92086.6%99.0%0.3%
ZIP 400562.7243.28.3%6.1%4.0%1978$1,52647.4%94.4%4.4%
ZIP 402432.1946.66.0%29.8%7.0%1988$1,46256.5%97.4%5.6%
ZIP 402072.1143.66.7%31.0%6.4%1961$1,42167.0%98.1%3.0%
ZIP 402452.6940.36.7%23.1%4.4%2003$1,99658.0%96.2%2.8%
ZIP 402202.2541.69.2%34.3%5.6%1973$1,30943.9%95.0%2.5%

All figures 2020–24.

Zip codes with similar populations: 02720, MA · 06854, CT · 93901, CA · 92120, CA · 99801, AK · 98338, WA · 95117, CA · 88203, NM · 79932, TX · 79605, TX

About these numbers

Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 40241. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.

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