ZIP Code 40740 — undefined, KY Demographics & Data

ZIP code 40740 covers KY in Laurel County with a population of about 3,954.

At a glance, the area shows median age of 40.0 (near the U.S. median).

It sits in telephone area code 606; U.S. House district KY-5; the LEXINGTON media market.

Median household income in ZIP 40740 is about $60,824 — about 19% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 21.3%; unemployment rate near 3.7%; 10.4% of adults with a bachelor’s degree or higher (about 23.3 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Manufacturing, and Healthcare; about 4.5% of workers reporting work-from-home (about 10.7 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $124,200 — about 64% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $515 (about 56% below the U.S. median rent ($1,163)), and owner-occupancy near 63.6% (about 1.8 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 40740 in KY, a household would need roughly $34,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $798. That sits below the local median household income ($60,824), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for KY as Relatively Low (composite score 71.7), which is elevated versus much of the country. The strongest component scores on US5 are wildfire (89.5) and flood (64.9). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for KY show little to no average snow and around 51.3 inches of annual precipitation.

IRS migration statistics show a net inflow of about 148 for ZIP 40740 (KY) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.