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Population
38,861
Median Income
$118,333
Home Value
$362,400
Area Type
Suburban
Verified Data

ZIP Code 40245

Louisville, KYJefferson County

Population

25,000 - 50,000

~38,861 residents

Median Income

$118,333

Household median

Home Value

$362,400

Median price

Area Type

Suburban

32.6 sq mi

Location

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Detailed Information

Demographics

Population Range:
25,000 - 50,000
Median Income:
$118,333
Classification:
Suburban

Housing Market

Median Value:
$362,400
Price Range:
$300,000 - $425,000
Land Area:
32.6 sq mi

Data Quality: 100%

Excellent

Data from US Census Bureau 2023US Census Bureau

Zillow Home Value Index

Real-time market data powered by Zillow • Updated October 2025

Metro Area: Louisville/Jefferson County, KY-IN

➖ Stable
$468,517

Typical Home Value in 40245

Price Appreciation

1 Month
+0.11%
3 Months
+0.13%
6 Months
-0.18%
1 Year
+2.23%
5 Years
+32.45%

Historical Price Trend

Historical home values show market trends over time. Values are smoothed and seasonally adjusted.

Investment Insight

💡 Note: Past performance doesn't guarantee future results. Consider local market factors, job growth, and development plans when evaluating real estate investments.

Zillow Home Value Index (ZHVI) data provided by Zillow Group. ZHVI represents the typical home value for homes in the 35th to 65th percentile range. Data is updated monthly and reflects market trends as of October 31, 2025.

71.4%

Median Income

$118,333

vs state avg

4.3%

Median Home Value

$362,400

vs state avg

Population

38,861

Suburban

Quality of Life

88/100

Excellent

📊 Lifestyle Snapshot

What's It Like to Live in Louisville?

Key insights about ZIP 40245 at a glance

Population

Population

38,861

Suburban community

Median Income

Median Income

$118k

15% vs national avg

Household earnings

Median Home Value

Median Home Value

$362k

20% vs national avg

Housing market

Affordability

Affordability

3.1

Price-to-income ratio

Your Day in Louisville

Education in Louisville, KY
Morning: Schools & Learning

Start your day with quality education options in Louisville

Shopping & Dining in Louisville, KY
Midday: Shopping & Dining

Explore local shops and restaurants in Louisville

Parks & Recreation in Louisville, KY
Evening: Parks & Recreation

Unwind in green spaces and community areas in Louisville

Quick Compare

See how this stacks up

Explore Louisville, KY

Visual guide to life in this area

Louisville urban cityscape
Cityscape
Dining and entertainment in Louisville
Lifestyle
Shopping areas in Louisville
Shopping
Schools in Louisville
Education
Healthcare facilities in Louisville
Healthcare

Economy & Employment

Job market and economic indicators

Median Household Income
Annual

Median Household Income

$118,333

Median Home Value
Property

Median Home Value

$362,400

Home-to-Income Ratio
Affordability Metric

Home-to-Income Ratio

3.1x

Education & Schools

Educational opportunities and demographics in 40245

Modern school building

Local Schools

Louisville offers diverse educational opportunities for all ages

Education Level

85%

Estimated graduates

Student Age

8549

School-age residents

School Quality

Above Average

Based on area demographics

Healthcare & Wellness

Medical facilities and health resources in your area

Healthcare facility

Quality Healthcare Access

Louisville area has multiple medical facilities serving the community

5-10

Healthcare facilities nearby

< 5mi

Average distance to hospital

Parks & Recreation

Outdoor spaces and recreational activities

Community park

Community Parks

Multiple green spaces and recreational facilities for families

🏞️

Parks

3-5 nearby

Sports

Fields & courts

🏃

Trails

Walking paths

🎪

Events

Community gatherings

Shopping & Dining

Retail, restaurants, and local businesses

Shopping district

Local Shopping

Louisville offers diverse shopping and dining experiences

🍽️

Restaurants

20+ dining options

🛍️

Retail Stores

Major & local shops

Cafes & More

Local favorites

Pros & Cons of Living in ZIP 40245

Advantages

  • High median income at $118,333, well above state average
  • Suburban setting balances urban access and residential calm

Considerations

  • Limited demographic data available for detailed analysis

Living in Louisville, KY 40245

Louisville offers a unique lifestyle in the heart of KY. This suburban community provides residents with abundant amenities and services.

Suburban Lifestyle

Mix of residential calm and accessibility to urban amenities.

Family-Oriented

Good balance of schools, parks, and community services.

Upscale Amenities

Higher-end restaurants, boutiques, and services available.

Community Feel

Active neighborhood associations and local events.

Who Lives Here

Middle to upper-middle class families, working professionals, and dual-income households.

Lifestyle & Activities

Suburban residents seeking balance between community feel and access to urban conveniences.

Household Composition

Predominantly families with children, along with empty nesters and some young professionals.

What's Life Like Here? (AI Insights)

Data & Demographics

Demographic Distribution

Age Distribution

Education Levels

📊 Data Insights

ZIP 40245 by the Numbers

Interactive data visualizations for Suburban living

12%

Total Population

0

8%

Median Income

$0

15%

Home Value

$0

0%

Quality Score

0/100

Comparative Metrics

Population Density
38,861

38.9% of max (100,000)

Income Level
118,333

78.9% of max (150,000)

Housing Market
362,400

45.3% of max (800,000)

38.75

out of 100

Affordability

Below Average

77.72

out of 100

Community Size

Good

78.89

out of 100

Economic Strength

Good

Transportation & Commute

Average commute time is approximately 25 minutes, typical for suburban areas.

Distance to Major Cities

Regional Hub

15-40 miles

25-60 min

drive time

Note: Commute times are estimates and may vary based on traffic conditions, time of day, and specific locations.

Weather & Climate

Climate Type

Varied regional climate

Seasonal Pattern

Four distinct seasons with typical North American weather patterns

Weather Highlights

  • Seasonal variety
  • Regional weather characteristics
  • Diverse outdoor activities
🏘️ Neighborhood Explorer

Discover Louisville Amenities

Everything you need, right in your neighborhood

Schools in Louisville, KY

Schools

12+ locations

Healthcare in Louisville, KY

Healthcare

8+ locations

Shopping in Louisville, KY

Shopping

50+ locations

Parks in Louisville, KY

Parks

15+ locations

📈 Comparative Analysis

How Does Louisville Stack Up?

See how ZIP 40245 compares to state and national averages

Income Comparison

This ZIP$118k
KY Average+8%
National Average+12%

Home Value Comparison

This ZIP$362k
KY Average+10%
National Average+15%

Ready to Explore More?

Compare Louisville with other areas or find your perfect ZIP code match

Living Here: Pros & Cons (AI Analysis)

Who Lives Here?

Community Profile

ZIP code 40245 in Louisville, KY (Jefferson) is a established community with approximately 38,861 residents. The area is classified as suburban, offering a balance of convenience and space.

Income Demographics

The median household income is $118,333, which is high-income area. This suggests a community with strong economic stability and higher purchasing power.

Fun Fact: Suburban areas are popular with families looking for good schools and community feel.

Housing & Rent

Median Home Value

$362,400

Above Average Market

Est. Monthly Rent

$1,450

Typical 2-3BR

Market Overview

The housing market in ZIP 40245 is competitive market with strong appreciation. With a median home value of $362,400, this area offers attractive opportunities for buyers at various price points.

Rent vs Buy

Renting in this ZIP code typically costs around $1,450/month for a 2-3 bedroom home. The moderate rental prices make this area accessible for both renters and buyers.

Jobs & Income

Median Household Income

$118,333

Per Year

Job Market

Louisville offers a diverse job market with opportunities primarily in retail, education, healthcare, and corporate. Many residents commute to nearby city centers while enjoying suburban living.

Commute & Transportation

Average commute times in this area are approximately 25-35 minutes. Most residents drive to work, with access to major highways and roads.

Schools Overview

School Quality

ZIP code 40245 in Louisville, KY generally features highly rated schools with strong academic programs. The area's excellent school ratings make it a top choice for families prioritizing education.

Education Options

Families in this ZIP code typically have access to public schools, private institutions, and charter options. Suburban schools often feature strong extracurricular programs and community involvement.

Check School Ratings

For detailed school ratings and reviews in ZIP 40245, visit:

GreatSchools.org →

Is ZIP 40245 a Good Place to Live?

Whether ZIP code 40245 in Louisville, KY is right for you depends on your priorities. Here's a balanced look:

Pros

  • Balance of space and convenience
  • Strong economic stability

Cons

  • May require commuting for work

The Bottom Line

ZIP code 40245 is perfect for families and professionals seeking community, space, and quality of life. Consider visiting the area and exploring nearby neighborhoods to get a true feel for the lifestyle.

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Frequently Asked Questions

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