Population 26,462 · Census ACS 2020–24
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Population and households in ZIP 40503
Household size in ZIP 40503
| Period | ZIP 40503 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 2.30 | 2.51 | 2.68 |
| 2010–14 | 2.33 | 2.53 | 2.73 |
| 2015–19 | 2.38 | 2.52 | 2.71 |
| 2020–24 | 2.18 | 2.51 | 2.65 |
| Change | −0.11 | −0.00 | −0.03 |
ZIP 40503 is a place of small households, averaging 2.18 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 2.30 in 2006–10, a much bigger shift than nationally. Of the 203 Kentucky ZIP codes with 5,000+ people, only 14 have smaller households.
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 40503
| Period | ZIP 40503 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 40.5 | 38.5 | 37.7 |
| 2010–14 | 40.9 | 39.3 | 38.6 |
| 2015–19 | 39.8 | 40.0 | 39.6 |
| 2020–24 | 39.7 | 39.9 | 40.1 |
| Change | −0.8 | +1.5 | +2.3 |
At 39.7, the median age in ZIP 40503 is close to the national median of 40.1, so its age mix looks much like the country's. The median age has edged down from 40.5 in 2006–10, even as the national median rose. Residents skew youngest in the northeast and oldest in the west.
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 40503
| Period | ZIP 40503 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 6.4% | 11.7% | 12.3% |
| 2010–14 | 8.8% | 11.9% | 12.3% |
| 2015–19 | 7.0% | 11.8% | 11.6% |
| 2020–24 | 5.6% | 11.9% | 11.6% |
| Change | −0.8 pts | +0.2 pts | −0.6 pts |
Single parents head only 5.6% of households in ZIP 40503, well below the national share of 11.6%. The single-parent share has edged down 0.8 points since 2006–10, mirroring the country. Of the 203 Kentucky ZIP codes with 5,000+ people, only 12 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 40503
Renters in ZIP 40503
| Period | ZIP 40503 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 30.3% | 30.1% | 33.3% |
| 2010–14 | 34.3% | 32.3% | 35.6% |
| 2015–19 | 29.8% | 32.8% | 36.0% |
| 2020–24 | 34.7% | 31.7% | 34.8% |
| Change | +4.4 pts | +1.5 pts | +1.5 pts |
Just over a third of households in ZIP 40503 rent their homes (34.7%), close to the national share of 34.8%. Renters make up a bigger share here than in Kentucky overall (31.7%). Among owners, 37.1% have paid off their mortgages, about the same as nationally. Since 2006–10, the renter share has risen 4.4 points, mirroring the country.
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 40503
| Period | ZIP 40503 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 7.3% | 12.2% | 11.4% |
| 2010–14 | 7.9% | 11.9% | 11.4% |
| 2015–19 | 7.8% | 12.3% | 11.1% |
| 2020–24 | 5.9% | 10.6% | 9.6% |
| Change | −1.4 pts | −1.6 pts | −1.8 pts |
Vacancy is on the low side in ZIP 40503: 5.9% of homes sit empty, against 9.6% nationally, which points to steady demand for housing. Vacancy is down 1.4 points from 2006–10, mirroring the country. ZIP 40503 has a lower vacancy rate than at least four in five Kentucky ZIP codes.
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 40503
| Period | ZIP 40503 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 1968 | 1977 | 1974 |
| 2010–14 | 1968 | 1979 | 1975 |
| 2015–19 | 1968 | 1980 | 1977 |
| 2020–24 | 1969 | 1982 | 1980 |
| Change | +2 | +5 | +6 |
ZIP 40503 is a place of older homes: half were built before 1969, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. Newer construction is concentrated in the south, while the north 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 40503
| Period | ZIP 40503 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | $835 | $657 | $965 |
| 2010–14 | $942 | $728 | $1,040 |
| 2015–19 | $1,080 | $814 | $1,213 |
| 2020–24 | $1,298 | $1,024 | $1,571 |
| Change | +$463 | +$367 | +$606 |
The median renter in ZIP 40503 pays $1,298 a month for rent and utilities, below the national median of $1,571. Even so, rents here are higher than in Kentucky overall ($1,024). Rents are up $463 a month from 2006–10, a 56% rise, a slower climb than the nation's. The typical renter here spends 29.2% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
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 40503
Bachelor's degrees in ZIP 40503
| Period | ZIP 40503 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 49.0% | 21.3% | 28.4% |
| 2010–14 | 46.9% | 22.5% | 29.6% |
| 2015–19 | 55.8% | 24.5% | 32.1% |
| 2020–24 | 58.1% | 27.6% | 35.6% |
| Change | +9.1 pts | +6.2 pts | +7.2 pts |
ZIP 40503 is highly educated: nearly six in ten adults 25 and older (58.1%) hold at least a bachelor's degree, far above the national share of 35.6%. The share with a degree is up 9.1 points from 2006–10, in line with the national trend. Only ten of the 203 Kentucky ZIP codes with 5,000+ people 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 40503
| Period | ZIP 40503 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 94.5% | 81.7% | 84.9% |
| 2010–14 | 95.2% | 83.9% | 86.1% |
| 2015–19 | 95.5% | 86.4% | 87.7% |
| 2020–24 | 95.7% | 88.8% | 89.3% |
| Change | +1.2 pts | +7.2 pts | +4.3 pts |
High school completion is high in ZIP 40503: 95.7% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has edged up 1.2 points since 2006–10, a smaller shift than nationally. ZIP 40503 has a higher share of high school graduates than the great majority of Kentucky ZIP codes.
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 40503
| Period | ZIP 40503 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 4.1% | 8.4% | 8.1% |
| 2010–14 | 6.7% | 9.5% | 9.4% |
| 2015–19 | 4.0% | 5.8% | 5.6% |
| 2020–24 | 3.4% | 5.1% | 5.4% |
| Change | −0.7 pts | −3.3 pts | −2.7 pts |
Jobs have been easier to find in ZIP 40503 than nationally: unemployment was 3.4%, against 5.4%. Unemployment is down 0.7 points from 2006–10, a smaller shift than nationally. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's 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 40503 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 40503 | 2.18 | 39.7 | 5.6% | 34.7% | 5.9% | 1969 | $1,298 | 58.1% | 95.7% | 3.4% |
| ZIP 40513 | 2.46 | 44.2 | 4.0% | 26.8% | 5.1% | 1995 | $1,294 | 74.6% | 98.1% | 2.8% |
| ZIP 40514 | 2.65 | 39.4 | 8.7% | 26.1% | 1.6% | 1995 | $1,726 | 56.4% | 96.7% | 2.2% |
| ZIP 40506 | 3.46 | 19.1 | 9.2% | 98.9% | 55.2% | 1947 | $1,384 | 38.0% | 100.0% | 28.4% |
| ZIP 40504 | 2.12 | 34.2 | 13.7% | 64.7% | 8.4% | 1974 | $1,126 | 33.7% | 84.6% | 5.0% |
| ZIP 40526 | 3.60 | 19.0 | 9.3% | 100.0% | 53.8% | 1938 | $1,384 | 30.0% | 100.0% | 31.1% |
| ZIP 40502 | 2.04 | 43.2 | 3.7% | 42.5% | 9.1% | 1963 | $1,186 | 67.1% | 96.1% | 3.3% |
| ZIP 40517 | 2.10 | 33.1 | 16.3% | 65.2% | 7.3% | 1981 | $1,145 | 39.7% | 92.4% | 7.1% |
| ZIP 40508 | 2.27 | 29.2 | 10.6% | 71.0% | 18.7% | 1965 | $1,003 | 43.2% | 91.2% | 11.3% |
| ZIP 40507 | 1.62 | 39.9 | 14.0% | 77.1% | 6.3% | 1956 | $803 | 48.4% | 91.6% | 10.0% |
| ZIP 40515 | 2.45 | 38.1 | 9.0% | 39.3% | 6.4% | 1993 | $1,468 | 52.7% | 95.6% | 3.5% |
All figures 2020–24.
Zip codes with similar populations: 34747, FL · 30168, GA · 80209, CO · 56303, MN · 60452, IL · 70123, LA · 73127, OK · 75181, TX · 75212, TX · 77345, 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 40503. 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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