ZIP Code 42420: Population, Income, Housing

State: KY

Total population: 38,133 Household income: $57,053 Rent: $774

Overview

Total population

38,133

Rent

$774

Year built

1975

Household income

$57,053

Per capita income

$32,723

Poverty rate

14.9%

Unemployment rate

N/A

Household size

2.3 persons

Rent over 30% of income

42%

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

Henderson County

Total population

38,133

Adults over 25

26,284

Total households

16,047

Household size

2.3 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).

Income & Poverty

Household income

$57,053

Per capita income

$32,723

Poverty rate

14.9%

Unemployment rate

N/A

Rent over 30% of income

42%

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).

Housing

Rent

$774

Year built

1975

Households that rent

37.9%

Households that own

62.1%

Rooms per home (all homes)

5.3

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).

Race

White

84.2%

Black

9.1%

Asian

0.5%

Two or more races

4.3%

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).

Ethnicity

Hispanic or Latino

3.9%

Not Hispanic or Latino

96.1%

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).

Commute

Commute rate

15,789 (94.5%)

Commute time to work

21 mins

Work from home

922 (5.5%)

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).

Education

Less than high school

29.6%

High school graduate or GED

35.2%

Some college or associate degree

14.5%

Bachelor’s degree or higher

20.8%

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).

Comparison of ZIP Code 42420 with: Kentucky United States

ZIP 42420

Total population38,133

Rent$774

Year built1975

Household income$57,053

Per capita income$32,723

Poverty rate14.9%

Unemployment rateN/A

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	ZIP42420	StateKentucky	CountryUnited States
Total population	38,133	4,534,824	334,922,499
Rent	$774	$967	$1,413
Year built	1975	1982	1980
Household income	$57,053	$63,726	$80,734
Per capita income	$32,723	$35,821	$44,673
Poverty rate	14.9%	16.1%	12.5%
Unemployment rate	N/A	5.1%	4%

View the full multi-level comparison →

Summary for 42420

Rent & Income

In 42420, the typical monthly rent is $774 and the typical household income is $57,053. Rent here is lower than Kentucky, and household income is lower than Kentucky. The estimated poverty rate is 14.9%.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 37.9% of households. About 42% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 20.8% of adults holding a bachelor’s degree or higher.

ZIP 42420 — Rent vs Household Income

ZIP 42420 — Poverty

How ZIP 42420 compares in Kentucky (37 ZIP Codes)

Metric	This ZIP	Rank	Starts from	State range
Rent	$774	2 / 37	from lower rent	$747 – $1,688
Household income	$57,053	28 / 37	from higher income	$47,204 – $122,948
Poverty rate	14.9%	25 / 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 42420

Rent

When it comes to rent, ZIP Code 42420 ranks 2nd 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 28th 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 42420 places 25th 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 42420 (with Utilities)

Estimated Monthly Rent: $774 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 42420

Annual Household Income: $57,053

💡 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 42420

Estimated Rate: 14.9%

💡 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 42420

In ZIP Code 42420, households that rent: 6,084 (37.9%)

📊 What does the renter household percentage reveal about this ZIP Code?

Household Type	Count	Share
Renter-Occupied	6,084	37.9%
Owner-Occupied	9,963	62.1%

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 42420

In ZIP Code 42420, cost-burdened renters (households spending over 30% of income on housing): 2,558 (42%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	2,558	42%
Other renter households	3,526	58%
Total renter households	6,084	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 42420

Less than High School: 7,772 people (29.6%)

Includes adults who did not complete high school.

High School Graduate or GED: 9,239 people (35.2%)

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

Some College or Associate Degree: 3,799 people (14.5%)

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

Bachelor’s Degree or Higher: 5,474 people (20.8%)

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

👥 Total Adults (25+): 26,284

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.