40740 Zip Code (KY) Detailed Profile

Estimated zip code population in 2022: 4,025
Zip code population in 2010: 3,321
Zip code population in 2000: 2,315

Houses and condos: 1,370
Renter-occupied apartments: 585
March 2022 cost of living index in zip code 40740: 81.0 (low, U.S. average is 100)

Land area: 16.3 sq. mi.
Water area: 0.2 sq. mi.

Population density: 247 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $885 (0.6%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $401 (0.3%)

For population 25 years and over in 40740:

• High school or higher: 75.0%
• Bachelor's degree or higher: 11.4%
• Graduate or professional degree: 6.1%
• Unemployed: 1.7%
• Mean travel time to work (commute): 22.7 minutes

For population 15 years and over in 40740:

• Never married: 34.0%
• Now married: 49.3%
• Separated: 3.1%
• Widowed: 5.4%
• Divorced: 8.1%

• 
• • 3,89696.8%White
  • 1142.8%Two or more races
  • 150.4%Hispanic or Latino

Urban population: 1,182
Rural population: 2,842

Averages for the 2020 tax year for zip code 40740, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $38,669 (Individual Income Tax Returns)

Here:	$38,669
State:	$61,342

Salary/wage: $35,373 (reported on 86.4% of returns)

Here:	$35,373
State:	$50,827

(% of AGI for various income ranges: 1032.4% for AGIs below $25k, 3495.7% for AGIs $25k-50k, 6425.4% for AGIs $50k-75k, 9880.0% for AGIs $75k-100k, 13374.0% for AGIs $100k-200k)

Taxable interest for individuals: $243 (reported on 11.9% of returns)

This zip code:	$243
Kentucky:	$1,441

(% of AGI for various income ranges: 3.6% for AGIs below $25k, 3.6% for AGIs $25k-50k, 4.6% for AGIs $50k-75k, 6.0% for AGIs $100k-200k)

Ordinary dividends: $350 (reported on 1.7% of returns)

Here:	$350
State:	$7,388

(% of AGI for various income ranges: 1.7% for AGIs below $25k)

Net capital gain/loss in AGI: +$800 (reported on 2.5% of returns)

Here:	+$800
State:	+$19,475

(% of AGI for various income ranges: 8.6% for AGIs $25k-50k)

Profit/loss from business: +$6,706 (reported on 14.4% of returns)

Here:	+$6,706
State:	+$11,386

(% of AGI for various income ranges: 133.6% for AGIs below $25k, 84.6% for AGIs $25k-50k, 215.4% for AGIs $50k-75k, 88.6% for AGIs $75k-100k)

Taxable individual retirement arrangement distribution: $14,767 (reported on 2.5% of returns)

40740:	$14,767
Kentucky:	$18,941

(% of AGI for various income ranges: 158.2% for AGIs $25k-50k)

Taxes paid: $5,600 (reported on 1.7% of returns)

40740:	$5,600
State:	$7,830

(% of AGI for various income ranges: 26.7% for AGIs below $25k)

Earned income credit: $2,783 (reported on 30.5% of returns)

Here:	$2,783
State:	$2,336

(% of AGI for various income ranges: 159.0% for AGIs below $25k, 119.3% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 97.5%

Here:	97%
State:	94%

(% for various income ranges: 98.0% for AGIs below $25k, 97.1% for AGIs $25k-50k, 94.1% for AGIs $50k-75k, 100.0% for AGIs $75k-100k, 100.0% for AGIs $100k-200k)

Averages for the 2012 tax year for zip code 40740, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $32,454 (Individual Income Tax Returns)

Here:	$32,454
State:	$50,814

Salary/wage: $30,747 (reported on 88.7% of returns)

Here:	$30,747
State:	$42,723

(% of AGI for various income ranges: 72.1% for AGIs below $25k, 86.2% for AGIs $25k-50k, 88.0% for AGIs $50k-75k, 87.3% for AGIs $75k-100k, 85.7% for AGIs $100k-200k)

Taxable interest for individuals: $250 (reported on 12.2% of returns)

This zip code:	$250
Kentucky:	$1,381

(% of AGI for various income ranges: 0.2% for AGIs below $25k, 0.1% for AGIs $25k-50k, 0.1% for AGIs $50k-75k)

Ordinary dividends: $200 (reported on 3.5% of returns)

Here:	$200
State:	$6,239

Net capital gain/loss in AGI: +$33 (reported on 2.6% of returns)

Here:	+$33
State:	+$11,336

Profit/loss from business: +$7,406 (reported on 15.7% of returns)

Here:	+$7,406
State:	+$10,862

(% of AGI for various income ranges: 13.9% for AGIs below $25k, 1.7% for AGIs $25k-50k, 1.2% for AGIs $50k-75k)

Taxable individual retirement arrangement distribution: $11,367 (reported on 2.6% of returns)

40740:	$11,367
Kentucky:	$14,296

Total itemized deductions: $16,012 (26% of AGI, reported on 14.8% of returns)

Here:	$16,012
State:	$21,160

Here:	25.8% of AGI
State:	20.0% of AGI

(% of AGI for various income ranges: 4.0% for AGIs below $25k, 4.8% for AGIs $25k-50k, 8.4% for AGIs $50k-75k, 10.9% for AGIs $75k-100k, 13.0% for AGIs $100k-200k)

Charity contributions: $2,900 (reported on 11.3% of returns)

Here:	$2,900
State:	$4,303

(% of AGI for various income ranges: 0.9% for AGIs $25k-50k, 1.2% for AGIs $50k-75k, 1.5% for AGIs $75k-100k, 2.2% for AGIs $100k-200k)

Taxes paid: $4,476 (reported on 14.8% of returns)

40740:	$4,476
State:	$8,496

(% of AGI for various income ranges: 0.6% for AGIs below $25k, 1.1% for AGIs $25k-50k, 2.0% for AGIs $50k-75k, 3.9% for AGIs $75k-100k, 5.5% for AGIs $100k-200k)

Earned income credit: $2,588 (reported on 37.4% of returns)

Here:	$2,588
State:	$2,273

(% of AGI for various income ranges: 11.9% for AGIs below $25k, 2.2% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 70.4%

Here:	70%
State:	60%

(% for various income ranges: 67.8% for AGIs below $25k, 70.0% for AGIs $25k-50k, 82.4% for AGIs $50k-75k, 100.0% for AGIs $75k-100k)

Averages for the 2004 tax year for zip code 40740, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $26,500 (Individual Income Tax Returns)

Here:	$26,500
State:	$41,540

Salary/wage: $26,339 (reported on 88.3% of returns)

Here:	$26,339
State:	$36,432

(% of AGI for various income ranges: 81.0% for AGIs below $10k, 79.3% for AGIs $10k-25k, 88.6% for AGIs $25k-50k, 94.3% for AGIs $50k-75k, 87.3% for AGIs $75k-100k)

Taxable interest for individuals: $327 (reported on 22.1% of returns)

This zip code:	$327
Kentucky:	$1,571

(% of AGI for various income ranges: 1.9% for AGIs below $10k, 0.5% for AGIs $10k-25k, 0.1% for AGIs $25k-50k, 0.1% for AGIs $50k-75k, 0.1% for AGIs $75k-100k)

Taxable dividends: $132 (reported on 3.4% of returns)

Here:	$132
State:	$3,453

Net capital gain/loss: +$382 (reported on 3.1% of returns)

Here:	+$382
State:	+$9,663

Profit/loss from business: +$5,312 (reported on 15.3% of returns)

Here:	+$5,312
State:	+$9,233

(% of AGI for various income ranges: 13.7% for AGIs below $10k, 7.1% for AGIs $10k-25k, 3.2% for AGIs $25k-50k, -0.7% for AGIs $50k-75k)

Total itemized deductions: $13,468 (25% of AGI, reported on 13.9% of returns)

Here:	$13,468
State:	$17,474

Here:	25.2% of AGI
State:	21.0% of AGI

(% of AGI for various income ranges: 3.2% for AGIs $10k-25k, 6.3% for AGIs $25k-50k, 9.9% for AGIs $50k-75k, 12.2% for AGIs $75k-100k)

Charity contributions deductions: $2,146 (4% of AGI, reported on 9.3% of returns)

Here:	$2,146
State:	$3,494

Here:	3.8% of AGI
State:	4.0% of AGI

Total tax: $2,469 (reported on 64.3% of returns)

40740:	$2,469
State:	$6,162

(% of AGI for various income ranges: 2.9% for AGIs below $10k, 3.6% for AGIs $10k-25k, 5.0% for AGIs $25k-50k, 7.7% for AGIs $50k-75k, 10.7% for AGIs $75k-100k)

Earned income credit: $1,875 (reported on 32.4% of returns)

Here:	$1,875
State:	$1,723

Percentage of individuals using paid preparers for their 2004 taxes: 72.9%

Here:	73%
State:	66%

(% for various income ranges: 70.0% for AGIs below $10k, 72.9% for AGIs $10k-25k, 77.0% for AGIs $25k-50k, 68.2% for AGIs $50k-75k, 76.3% for AGIs $75k-100k)

Nearest zip codes: 40744, 40743, 40737, 40734, 40741, 40701.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 349
Household did not receive Food Stamps/SNAP in the past 12 months: 1,019

Women who had a birth in the past 12 months: 45 (44 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 1,016 (460 now married, 556 unmarried)

Housing units in zip code 40740 with a mortgage: 410 (12 second mortgage, 10 both second mortgage and home equity loan)
Median monthly owner costs for units with a mortgage: $926
Median monthly owner costs for units without a mortgage: $374

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 40740 household income distribution in 2022

• 192Less than $10,000
• 60$10,000 to $14,999
• 109$15,000 to $19,999
• 69$20,000 to $24,999
• 69$25,000 to $29,999
• 41$30,000 to $34,999
• 28$40,000 to $44,999
• 8$45,000 to $49,999
• 227$50,000 to $59,999
• 147$60,000 to $74,999
• 132$75,000 to $99,999
• 127$100,000 to $124,999
• 116$125,000 to $149,999
• 20$150,000 to $199,999
• 22$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 40740

• 32$10,000 to $14,999
• 38$15,000 to $19,999
• 15$20,000 to $24,999
• 7$30,000 to $34,999
• 14$35,000 to $39,999
• 19$40,000 to $49,999
• 7$50,000 to $59,999
• 5$60,000 to $69,999
• 32$70,000 to $79,999
• 20$80,000 to $89,999
• 36$90,000 to $99,999
• 155$100,000 to $124,999
• 106$125,000 to $149,999
• 83$150,000 to $174,999
• 28$175,000 to $199,999
• 47$200,000 to $249,999
• 19$250,000 to $299,999
• 11$300,000 to $399,999
• 13$400,000 to $499,999

• Rent paid by renters in 2022 in zip code 40740

• 31$200 to $249
• 16$250 to $299
• 83$350 to $399
• 16$400 to $449
• 50$450 to $499
• 49$500 to $549
• 2$550 to $599
• 22$600 to $649
• 65$650 to $699
• 16$700 to $749
• 12$900 to $999
• 223No cash rent

Median gross rent in 2022: $727.

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $153,857
• Two or more races householders: $148,159

Estimated median house or condo value in 2022: $131,976 Lower value quartile - upper value quartile: $95,752 - $168,577

Mean price in 2022:

Detached houses: $195,270

Here:	$195,270
State:	$256,452

Townhouses or other attached units: $657,578

Here:	$657,578
State:	$264,090

Mobile homes: $50,034

Here:	$50,034
State:	$84,635

Housing units in structures:

• One, detached: 781
• One, attached: 10
• Mobile homes: 570

Unemployment: 1.7%

• Means of transportation to work in zip code 40740

• 69.7%1,066Drove a car alone
• 23.5%360Carpooled
• 0.3%4Walked
• 0.1%1Other means
• 7.0%107Worked at home

• Travel time to work (commute) in zip code 40740

• 5Less than 5 minutes
• 965 to 9 minutes
• 38810 to 14 minutes
• 28515 to 19 minutes
• 18820 to 24 minutes
• 2325 to 29 minutes
• 24330 to 34 minutes
• 535 to 39 minutes
• 5940 to 44 minutes
• 7445 to 59 minutes
• 3590 or more minutes

Percentage of zip code residents living and working in this county: 68.4%

Household type by relationship:

Households: 4,025

• Male householders: 676 (153 living alone), Female householders: 688 (57 living alone)

• 805 spouses (805 opposite-sex spouses), 69 unmarried partners, (69 opposite-sex unmarried partners), 1,194 children (1,033 natural, 64 adopted, 96 stepchildren), 413 grandchildren, 0 brothers or sisters, 0 parents, 0 foster children, 70 other relatives, 79 non-relatives

• In group quarters: 4 (-1 institutionalized population)

Size of family households: 350 2-persons, 284 3-persons, 245 4-persons, 59 5-persons, 65 6-persons, 33 7-or-more-persons

Size of nonfamily households: 209 1-person, 112 2-persons

556 married couples with children.
202 single-parent households (77 men, 125 women).

98.2% of residents of 40740 zip code speak English at home.
1.1% of residents speak Spanish at home (100% very well).
0.1% of residents speak other Indo-European language at home (100% very well).

Facilities with environmental interests located in this zip code:

• LAUREL RIDGE LANDFILL (HIGHWAY 552 & HOPPER ROAD in LILY, KY)

  SUPERFUND (Superfund database)
  CRITERIA AND HAZARDOUS AIR POLLUTANT INVENTORY (Inventory of air pollution sources)
  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: LOCAL TRUCKING WITHOUT STORAGE; REFUSE SYSTEMS
  Business NAICS classification: SOLID WASTE LANDFILL.
  Organizations: LAUREL RIDGE LANDFILL INC (CONTACT/OWNER)
  

• CENTRAL KY MIXED CONCRETE INC (151 ECHO VALLEY RD in LILY, KY)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: READY-MIXED CONCRETE
  

• CORNERSTONE CHRISTIAN SCHOOL (420 LILY SCHOOL RD in LILY, KY)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: RELIGIOUS ORGANIZATIONS
  

• PATTERSON CHIP CO (HWY 25 in LILY, KY)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: WOOD PRODUCTS
  

Housing units lacking complete plumbing facilities: 2.0%
Housing units lacking complete kitchen facilities: 2.0%

Population in 1990: 7,471.

Place of birth for U.S.-born residents:

• This state: 3,312
• Northeast: 55
• Midwest: 446
• South: 149
• West: 28

60% of the 40740 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 62% lived in this county.
   Out of people who lived in different counties, 50% lived in Kentucky.

94% of the 40740 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 33% moved from this county.
   Out of people who lived in different houses, 30% moved from different county within same state.
   Out of people who lived in different houses, 50% moved from abroad.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 92
Students in private schools in grades 9 to 12 (high school): 11 Students in private undergraduate colleges: 26

Top industries in this zip code by the number of employees in 2005:

• Administrative and Support and Waste Management and Remediation Services: Solid Waste Collection (100-249 employees: 1 establishment, 10-19 employees: 1 establishment, 5-9 employees: 1 establishment, 1-4 employees: 1 establishment)
• Health Care and Social Assistance: Offices of Physicians (except Mental Health Specialists) (10-19: 1)
• Construction: Plumbing, Heating, and Air-Conditioning Contractors (1-4: 1)
• Utilities: Fossil Fuel Electric Power Generation (1-4: 1)

2003 - 2018 National Fire Incident Reporting System (NFIRS) incidents

According to the data from the years 2003 - 2018 the average number of fires per year is 8. The highest number of reported fire incidents - 18 took place in 2004, and the least - 0 in 2008. The data has a dropping trend.
When looking into fire subcategories, the most reports belonged to: Structure Fires (60.7%), and Outside Fires (27.9%).


• Fire incident types reported to NFIRS in Zip Code 40740
• 7460.7%Structure Fires
• 3427.9%Outside Fires
• 86.6%Other
• 64.9%Mobile Property/Vehicle Fires

See full 2006 National Fire Incident Reporting System statistics for zip code 40740, Kentucky

Most common first names in zip code 40740 among deceased individuals
Name	Count	Lived (average)
William	22	74.5 years
John	16	75.8 years
James	12	62.3 years
Mary	9	76.2 years
Robert	7	66.4 years
Charles	6	67.4 years
George	6	69.7 years
Walter	6	62.2 years
Jessie	5	68.0 years
Myrtle	5	83.0 years

Most common last names in zip code 40740 among deceased individuals
Last name	Count	Lived (average)
Smith	32	68.2 years
Jones	13	69.1 years
Baker	12	72.0 years
Mcnew	10	60.5 years
Lewis	9	67.4 years
Taylor	9	67.2 years
Burkhart	8	70.1 years
Johnson	8	77.7 years
Sizemore	8	63.7 years
Hopkins	7	86.9 years