ZIP Code 40220: Population, Income, Housing

State: KY
Total population: 35,078 Household income: $78,434 Rent: $1,229

Overview

Total population
35,078
Rent
$1,229
Year built
1975
Household income
$78,434
Per capita income
$42,358
Poverty rate
8.6%
Unemployment rate
N/A
Household size
2.2 persons
Rent over 30% of income
40.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
Kentucky
County
Jefferson County
City
Louisville
Total population
35,078
Adults over 25
25,805
Total households
15,591
Household size
2.2 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$78,434
Per capita income
$42,358
Poverty rate
8.6%
Unemployment rate
N/A
Rent over 30% of income
40.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$1,229
Year built
1975
Households that rent
33.9%
Households that own
66.1%
Rooms per home (all homes)
5.9

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
73.6%
Black
11.2%
Asian
5.4%
Two or more races
7.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
6.4%
Not Hispanic or Latino
93.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
15,469 (84.4%)
Commute time to work
21 mins
Work from home
2,865 (15.6%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
22.4%
High school graduate or GED
20.9%
Some college or associate degree
12%
Bachelor’s degree or higher
44.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 

Comparison of ZIP Code 40220 with: Jefferson County, KY Louisville metro area, KY-IN Kentucky United States

ZIP 40220

Total population35,078
Rent$1,229
Year built1975
Household income$78,434
Per capita income$42,358
Poverty rate8.6%
Unemployment rateN/A

Jefferson County, KY

Total population783,022
Rent$1,149
Year built1972
Household income$69,866
Per capita income$42,087
Poverty rate14.3%
Unemployment rate4.7%

Louisville Metro Area, KY-IN

Total population1,372,558
Rent$1,116
Year built1978
Household income$73,863
Per capita income$41,207
Poverty rate12.3%
Unemployment rate4.5%

Kentucky State

Total population4,534,824
Rent$967
Year built1982
Household income$63,726
Per capita income$35,821
Poverty rate16.1%
Unemployment rate5.1%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric ZIP40220 CountyJefferson, KYMetro AreaLouisville metro area, KY-INStateKentuckyCountryUnited States
Total population35,078783,0221,372,5584,534,824334,922,499
Rent$1,229$1,149$1,116$967$1,413
Year built19751972197819821980
Household income$78,434$69,866$73,863$63,726$80,734
Per capita income$42,358$42,087$41,207$35,821$44,673
Poverty rate8.6%14.3%12.3%16.1%12.5%
Unemployment rateN/A4.7%4.5%5.1%4%

View the full multi-level comparison →

 

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Summary for 40220

Rent & Income

In 40220, the typical monthly rent is $1,229 and the typical household income is $78,434. Rent here is higher than Kentucky, and household income is higher than Kentucky. The estimated poverty rate is 8.6%.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 33.9% of households. About 40.5% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is high, with about 44.7% of adults holding a bachelor’s degree or higher.

 

ZIP 40220 — Rent vs Household Income

 

 

ZIP 40220 — Poverty

 

 

How ZIP 40220 compares in Kentucky (37 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $1,229 27 / 37 from lower rent $747 – $1,688
Household income $78,434 14 / 37 from higher income $47,204 – $122,948
Poverty rate 8.6% 8 / 37 from lower poverty 5.1% – 25.2%

Rankings are calculated among ZIP Codes in Kentucky with total population > 30,000 (year 2024).

 

Detailed Ranking Explanation for ZIP Code 40220

Rent

When it comes to rent, ZIP Code 40220 ranks 27th out of 37 ZIP Codes in Kentucky. Statewide, values range from $747 in ZIP 40701 up to $1,688 in ZIP 40245.

Household income

Income-wise, this area is placed 14th out of 37 ZIP Codes. Across Kentucky, figures vary from $47,204 in ZIP 40701 up to $122,948 in ZIP 40245.

Poverty rate

When it comes to poverty, ZIP Code 40220 places 8th out of 37 ZIP Codes. Throughout Kentucky, numbers span from 5.1% in ZIP 40241 up to 25.2% in ZIP 42101.

 

💰 Rent in ZIP Code 40220 (with Utilities)

Estimated Monthly Rent: $1,229 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in ZIP Code 40220

Annual Household Income: $78,434

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in ZIP Code 40220

Estimated Rate: 8.6%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in ZIP Code 40220

In ZIP Code 40220, households that rent: 5,288 (33.9%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 5,288 33.9%
Owner-Occupied 10,303 66.1%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in ZIP Code 40220

In ZIP Code 40220, cost-burdened renters (households spending over 30% of income on housing): 2,139 (40.5%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 2,139 40.5%
Other renter households 3,149 59.5%
Total renter households 5,288 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in ZIP Code 40220

Less than High School: 5,768 people (22.4%)

Includes adults who did not complete high school.

High School Graduate or GED: 5,406 people (20.9%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 3,085 people (12%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 11,546 people (44.7%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 25,805

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.