Population 24,657 · Census ACS 2020–24
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Population and households in ZIP 40508
Household size in ZIP 40508
| Period | ZIP 40508 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 2.17 | 2.51 | 2.68 |
| 2010–14 | 2.29 | 2.53 | 2.73 |
| 2015–19 | 2.34 | 2.52 | 2.71 |
| 2020–24 | 2.27 | 2.51 | 2.65 |
| Change | +0.10 | −0.00 | −0.03 |
Households in ZIP 40508 are small: just 2.27 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has climbed from 2.17 in 2006–10, even as the national average fell.
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 40508
| Period | ZIP 40508 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 29.1 | 38.5 | 37.7 |
| 2010–14 | 29.9 | 39.3 | 38.6 |
| 2015–19 | 28.9 | 40.0 | 39.6 |
| 2020–24 | 29.2 | 39.9 | 40.1 |
| Change | +0.1 | +1.5 | +2.3 |
ZIP 40508 is young: half of its residents are under 29.2, compared with a national median of 40.1. The population tilts toward young adults, many of them living alone or as couples. Only three of the 203 Kentucky ZIP codes with 5,000+ people are younger.
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 40508
| Period | ZIP 40508 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 13.6% | 11.7% | 12.3% |
| 2010–14 | 10.2% | 11.9% | 12.3% |
| 2015–19 | 13.5% | 11.8% | 11.6% |
| 2020–24 | 10.6% | 11.9% | 11.6% |
| Change | −3.0 pts | +0.2 pts | −0.6 pts |
Single parents head just over one in ten households in ZIP 40508 (10.6%), a little below the national share of 11.6%. The single-parent share is down 3.0 points from 2006–10, a much bigger shift than nationally.
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 40508
Renters in ZIP 40508
| Period | ZIP 40508 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 71.3% | 30.1% | 33.3% |
| 2010–14 | 76.1% | 32.3% | 35.6% |
| 2015–19 | 76.4% | 32.8% | 36.0% |
| 2020–24 | 71.0% | 31.7% | 34.8% |
| Change | −0.3 pts | +1.5 pts | +1.5 pts |
Most households in ZIP 40508 rent: 71.0% of occupied homes are rented, far above the national share of 34.8%. Expect more apartments, and more turnover, than in owner-heavy areas. Among owners, 46.0% have paid off their mortgages, above the national share of 39.8%. Of the 203 Kentucky ZIP codes with 5,000+ people, only five have a higher share of renters.
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 40508
| Period | ZIP 40508 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 13.8% | 12.2% | 11.4% |
| 2010–14 | 13.0% | 11.9% | 11.4% |
| 2015–19 | 15.2% | 12.3% | 11.1% |
| 2020–24 | 18.7% | 10.6% | 9.6% |
| Change | +4.9 pts | −1.6 pts | −1.8 pts |
Vacant homes make up 18.7% of the housing in ZIP 40508, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Vacancy is up 4.9 points from 2006–10, even as the national rate fell.
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 40508
| Period | ZIP 40508 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 1960 | 1977 | 1974 |
| 2010–14 | 1967 | 1979 | 1975 |
| 2015–19 | 1967 | 1980 | 1977 |
| 2020–24 | 1965 | 1982 | 1980 |
| Change | +5 | +5 | +6 |
ZIP 40508 is a place of older homes: half were built before 1965, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. The median year built has moved up from 1960 in 2006–10, a sign of steady new building. Newer construction is concentrated in the southwest, while the northeast 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 40508
| Period | ZIP 40508 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | $607 | $657 | $965 |
| 2010–14 | $710 | $728 | $1,040 |
| 2015–19 | $782 | $814 | $1,213 |
| 2020–24 | $1,003 | $1,024 | $1,571 |
| Change | +$396 | +$367 | +$606 |
Rent in ZIP 40508 runs $1,003 a month at the median, utilities included, well below the U.S. median of $1,571. Rent has climbed $396 a month since 2006–10, up 65%, roughly in step with the nation. The typical renter here spends 41.3% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched. The priciest rents are in the southwest; the most affordable are in the northwest.
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 40508
Bachelor's degrees in ZIP 40508
| Period | ZIP 40508 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 31.8% | 21.3% | 28.4% |
| 2010–14 | 33.3% | 22.5% | 29.6% |
| 2015–19 | 37.9% | 24.5% | 32.1% |
| 2020–24 | 43.2% | 27.6% | 35.6% |
| Change | +11.5 pts | +6.2 pts | +7.2 pts |
College degrees are more common in ZIP 40508 than nationally: 43.2% of adults 25 and older have a bachelor's or higher, against 35.6%. The share with a degree has risen 11.5 points since 2006–10, mirroring the country. College graduates are most concentrated in the south and least in the northwest.
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 40508
| Period | ZIP 40508 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 80.6% | 81.7% | 84.9% |
| 2010–14 | 83.5% | 83.9% | 86.1% |
| 2015–19 | 84.1% | 86.4% | 87.7% |
| 2020–24 | 91.2% | 88.8% | 89.3% |
| Change | +10.6 pts | +7.2 pts | +4.3 pts |
High school completion in ZIP 40508 is a bit above the national rate: 91.2% of adults have a diploma or equivalent, against 89.3%. Since 2006–10, the share with a diploma has risen 10.6 points, mirroring the country.
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 40508
| Period | ZIP 40508 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 10.2% | 8.4% | 8.1% |
| 2010–14 | 13.5% | 9.5% | 9.4% |
| 2015–19 | 9.8% | 5.8% | 5.6% |
| 2020–24 | 11.3% | 5.1% | 5.4% |
| Change | +1.0 pts | −3.3 pts | −2.7 pts |
Unemployment in ZIP 40508 runs well above the national rate: 11.3% of the labor force was out of work and looking, against 5.4%. Only seven of the 203 Kentucky ZIP codes with 5,000+ people have higher unemployment. Unemployment is up 1.0 points from 2006–10, even as the national rate fell.
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 40508 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 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 40506 | 3.46 | 19.1 | 9.2% | 98.9% | 55.2% | 1947 | $1,384 | 38.0% | 100.0% | 28.4% |
| ZIP 40526 | 3.60 | 19.0 | 9.3% | 100.0% | 53.8% | 1938 | $1,384 | 30.0% | 100.0% | 31.1% |
| ZIP 40504 | 2.12 | 34.2 | 13.7% | 64.7% | 8.4% | 1974 | $1,126 | 33.7% | 84.6% | 5.0% |
| ZIP 40502 | 2.04 | 43.2 | 3.7% | 42.5% | 9.1% | 1963 | $1,186 | 67.1% | 96.1% | 3.3% |
| ZIP 40505 | 2.30 | 41.8 | 10.9% | 39.7% | 8.3% | 1966 | $1,124 | 24.8% | 86.0% | 5.3% |
| ZIP 40511 | 2.48 | 35.5 | 13.0% | 39.4% | 6.3% | 1997 | $1,371 | 39.0% | 87.6% | 4.4% |
| ZIP 40503 | 2.18 | 39.7 | 5.6% | 34.7% | 5.9% | 1969 | $1,298 | 58.1% | 95.7% | 3.4% |
| ZIP 40517 | 2.10 | 33.1 | 16.3% | 65.2% | 7.3% | 1981 | $1,145 | 39.7% | 92.4% | 7.1% |
| ZIP 40513 | 2.46 | 44.2 | 4.0% | 26.8% | 5.1% | 1995 | $1,294 | 74.6% | 98.1% | 2.8% |
All figures 2020–24.
Zip codes with similar populations: 80303, CO · 43085, OH · 44139, OH · 02026, MA · 53222, WI · 64836, MO · 76006, TX · 76801, TX · 77504, TX · 77662, 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 40508. 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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