ZIP 40508 vs ZIP 40516
A side-by-side comparison of ZIP Code 40508 and ZIP Code 40516: population, income, housing, and more.
ZIP 40508 and ZIP 40516 are ZIP Code areas in Kentucky. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 40508 has the higher population (24,356 vs 2,809 in ZIP 40516). ZIP 40516 has the higher median household income ($85,655 vs $28,040 in ZIP 40508). ZIP 40516 has the higher median home value ($249,800 vs $174,900 in ZIP 40508).
Population, income & housing
| ZIP 40508 | ZIP 40516 | |
|---|---|---|
| Population | 24,356 | 2,809 |
| Median age | 23.7 yrs | 37.4 yrs |
| Median household income | $28,040 | $85,655 |
| Median home value | $174,900 | $249,800 |
| Median gross rent | $900 | $1,166 |
| Housing units | 11,458 | 1,131 |
| Homeownership rate | 28.7% | 82.0% |
| Bachelor's degree or higher | 35.8% | 38.2% |
| Unemployment rate | 9.4% | 1.6% |
Trends (ACS 5-year, 2019–2023)
| ZIP 40508 | ZIP 40516 | |
|---|---|---|
| Population | 25,766 → 24,356 (-5.5%) | 3,303 → 2,809 (-15.0%) |
| Median household income | $25,758 → $28,040 (+8.9%) | $68,984 → $85,655 (+24.2%) |
| Median home value | $126,800 → $174,900 (+37.9%) | $167,200 → $249,800 (+49.4%) |
| Median gross rent | $770 → $900 (+16.9%) | $963 → $1,166 (+21.1%) |
ZIP 40508
25,76624,356
$25,758$28,040
$126,800$174,900
$770$900
ZIP 40516
3,3032,809
$68,984$85,655
$167,200$249,800
$963$1,166
Age & race/ethnicity
Age distribution (share)
| ZIP 40508 | ZIP 40516 | |
|---|---|---|
| Under 5 | 2.7% | 10.4% |
| 5 to 17 | 8.0% | 16.9% |
| 18 to 24 | 43.1% | 5.9% |
| 25 to 34 | 14.3% | 11.9% |
| 35 to 44 | 7.7% | 13.0% |
| 45 to 54 | 5.2% | 7.7% |
| 55 to 64 | 10.0% | 15.3% |
| 65 to 74 | 5.7% | 6.9% |
| 75 and over | 3.4% | 12.2% |
Race & ethnicity (share)
| ZIP 40508 | ZIP 40516 | |
|---|---|---|
| White (non-Hispanic) | 60.2% | 79.2% |
| Black or African American | 22.4% | 13.7% |
| American Indian & Alaska Native | 0.2% | 0.0% |
| Asian | 2.7% | 0.7% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.4% | 0.0% |
| Two or more races | 5.3% | 2.5% |
| Hispanic or Latino | 8.8% | 3.8% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 40508 | ZIP 40516 | |
|---|---|---|
| No high school diploma | 14.1% | 6.3% |
| High school graduate | 22.8% | 21.4% |
| Some college or associate's | 27.4% | 34.1% |
| Bachelor's degree | 19.5% | 24.8% |
| Graduate or professional degree | 16.3% | 13.4% |
Commute to work
How workers get to work (share)
| ZIP 40508 | ZIP 40516 | |
|---|---|---|
| Drove alone | 58.7% | 77.1% |
| Carpooled | 8.6% | 3.6% |
| Public transit | 3.5% | 0.0% |
| Walked | 17.6% | 2.7% |
| Bicycle | 1.2% | 0.0% |
| Worked from home | 9.2% | 13.4% |
| Other means | 1.1% | 3.2% |
Housing
Units in structure (share)
| ZIP 40508 | ZIP 40516 | |
|---|---|---|
| 1-unit, detached | 40.6% | 80.1% |
| 1-unit, attached | 3.7% | 9.2% |
| 2 to 4 units | 14.3% | 4.7% |
| 5 to 19 units | 17.5% | 0.0% |
| 20 or more units | 22.2% | 0.0% |
| Mobile home & other | 1.7% | 6.0% |
Poverty & households
| ZIP 40508 | ZIP 40516 | |
|---|---|---|
| Poverty rate | 37.4% | 21.2% |
| Average household size | 1.90 | 2.49 |
| Mean commute (minutes) | 18 | 26 |
| Median year structure built | 1967 | 1992 |