Housing data for ZIP code 40509

ZIP code 40509 has an estimated 47,036 residents and 20,190 homes (US Census Bureau, 2020–2024 American Community Survey).

It lies in Fayette County.

39.3% of households rent.

The median gross rent is $1,394 (±$45) a month.

The median home value is $366,300 (±$13,247).

The median household income is $94,804 (±$9,939) a year.

Figures last updated on .

Residents
47,036 (±1,818)
Median gross rent
$1,394
Median home value
$366,300
Households that rent
39.3%

How ZIP code 40509 compares

Estimate (90% margin of error)
ZIP 40509Fayette CountyKentuckyUnited States
Residents47,036 (±1,818)323,7254,534,824334,922,499
Housing units20,190 (±674)148,9592,023,116143,775,355
Households that rent39.3% (±2.6 points)46.2%31.7%34.8%
Median gross rent$1,394 (±$45)$1,164$967$1,413
Median home value$366,300 (±$13,247)$293,500$205,600$332,700
Median household income$94,804 (±$9,939)$69,479$63,726$80,734
Median real estate taxes (a year)$3,283 (±$140)$2,542$1,544$3,119
Renters paying 30% or more of income51.6% (±7.5 points)49.7%45.4%51.1%
Built before 19808.7% (±1.5 points)44.9%47.1%49.7%
Average commute22.6 minutes (±1.0)20.9 minutes24.0 minutes26.4 minutes
Households with broadband94.5% (±1.5 points)92.5%88.6%91.0%
Median age of residents35.8 years (±0.9)35.3 years39.1 years38.9 years

In ZIP 40509, median gross rent is higher than in Fayette County ($1,164).

It is also higher than in Kentucky ($967).

It is not measurably different from the national figure ($1,413).

Among the 13 ZIP codes in Fayette County with a published estimate, ZIP 40509 ranks 3 from highest to lowest median gross rent.

Among the 14 ZIP codes in Fayette County with a published estimate, ZIP 40509 ranks 4 from highest to lowest median home value.

Among the 14 ZIP codes in Fayette County with a published estimate, ZIP 40509 ranks 4 from highest to lowest median household income.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Rent in ZIP code 40509

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentZIP 40509Fayette CountyKentuckyUnited States
Less than $5001.5% (±1.0 points)4.0%11.4%6.3%
$500 to $99911.5% (±2.7 points)31.3%42.1%20.2%
$1,000 to $1,49946.9% (±5.2 points)41.3%32.5%28.1%
$1,500 to $1,99929.8% (±5.4 points)17.2%10.1%21.1%
$2,000 to $2,4996.3% (±2.3 points)4.0%2.6%12.0%
$2,500 to $2,9991.6% (±1.3 points)1.4%0.7%5.5%
$3,000 or more2.4% (±1.6 points)0.8%0.7%6.8%

The most common range is $1,000 to $1,499, paid by 46.9% of renting households.

Rent by bedrooms in ZIP code 40509

Median gross rent by number of bedrooms, estimate (90% margin of error)
BedroomsCensus median
Studio$1,176 (±$143)
1 bedroom$1,192 (±$76)
2 bedrooms$1,355 (±$68)
3 bedrooms$1,615 (±$72)
4 bedrooms$2,291 (±$402)

Rent burden in ZIP code 40509

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentZIP 40509Fayette CountyKentuckyUnited States
Less than 15%9.9% (±2.7 points)11.9%16.6%12.6%
15% to 19.9%13.2% (±3.3 points)11.7%13.5%12.2%
20% to 24.9%15.7% (±4.5 points)14.8%12.7%12.6%
25% to 29.9%9.6% (±2.8 points)11.9%11.8%11.5%
30% to 34.9%11.5% (±4.3 points)9.7%8.8%9.2%
35% or more40.1% (±6.1 points)40.0%36.6%41.9%

51.6% (±7.5 points) of renting households in ZIP code 40509 spend 30% or more of their income on gross rent.

Home values in ZIP code 40509

Owner-occupied homes by value, 2020–2024
ValueZIP 40509Fayette CountyKentuckyUnited States
Less than $50,0000.8% (±0.4 points)2.5%9.4%5.3%
$50,000 to $99,9991.4% (±0.7 points)2.5%11.5%6.1%
$100,000 to $149,9993.4% (±1.3 points)6.9%12.5%6.8%
$150,000 to $199,9996.6% (±1.9 points)12.0%15.1%9.0%
$200,000 to $299,99921.8% (±2.7 points)27.8%23.1%17.8%
$300,000 to $499,99945.7% (±3.7 points)31.8%20.1%26.9%
$500,000 to $999,99917.9% (±2.7 points)13.9%7.1%20.9%
$1,000,000 or more2.4% (±1.0 points)2.7%1.2%7.1%

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

The homes in ZIP code 40509

Housing units by units in structure, 2020–2024
Building typeZIP 40509Fayette CountyKentuckyUnited States
Single-family, detached60.6% (±2.3 points)58.4%67.5%61.3%
Single-family, attached (townhouse, rowhouse)12.1% (±2.0 points)6.5%2.9%6.2%
2 units0.9% (±0.5 points)2.9%2.7%3.4%
3 or 4 units3.9% (±1.3 points)5.2%4.3%4.3%
5 to 9 units6.4% (±1.5 points)7.0%4.6%4.5%
10 to 19 units8.6% (±1.8 points)9.0%3.4%4.3%
20 or more units6.6% (±1.5 points)9.9%3.7%10.3%
Mobile home0.9% (±0.6 points)1.1%10.7%5.6%
Boat, RV, van, etc.0.0% (±0.2 points)0.0%0.1%0.1%

When the homes in ZIP code 40509 were built

Housing units by year structure built, 2020–2024
Year builtZIP 40509Fayette CountyKentuckyUnited States
2020 or later2.9% (±0.9 points)1.7%1.8%2.0%
2010 to 201924.1% (±2.3 points)9.9%9.1%9.4%
2000 to 200927.7% (±2.4 points)15.5%14.5%13.6%
1990 to 199927.9% (±2.6 points)15.1%15.3%12.4%
1980 to 19898.8% (±1.7 points)12.8%12.2%12.9%
1970 to 19795.0% (±1.1 points)14.2%15.6%14.2%
1960 to 19692.1% (±0.7 points)13.0%9.9%9.9%
1950 to 19590.6% (±0.3 points)8.3%8.6%9.5%
1940 to 19490.5% (±0.4 points)2.6%4.0%4.4%
1939 or earlier0.5% (±0.4 points)6.8%9.0%11.7%

8.7% of the homes in ZIP code 40509 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 40509

Occupied housing units by house heating fuel, 2020–2024
Fuel used mostZIP 40509Fayette CountyKentuckyUnited States
Utility gas32.7% (±2.5 points)40.8%35.2%46.5%
Fuel oil, kerosene, etc.0.2% (±0.2 points)0.1%0.7%3.9%
Electricity65.9% (±2.5 points)57.3%54.9%41.3%
Bottled or tank gas (propane)0.9% (±0.5 points)1.1%6.3%4.9%
Wood0.1% (±0.1 points)0.1%1.9%1.4%
Solar energy0.0% (±0.2 points)0.0%0.1%0.3%
Coal or coke0.0% (±0.2 points)0.0%0.1%0.1%
Other fuel0.1% (±0.2 points)0.1%0.3%0.5%
No fuel used0.2% (±0.2 points)0.4%0.4%1.2%

How people in ZIP code 40509 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportationZIP 40509Fayette CountyKentuckyUnited States
Drove alone76.2% (±2.2 points)73.1%76.6%68.8%
Carpooled7.9% (±1.5 points)8.7%9.3%8.5%
Public transportation0.9% (±0.8 points)1.5%0.6%3.2%
Walked0.6% (±0.4 points)3.1%2.0%2.4%
Other means (bicycle, taxi, motorcycle)0.8% (±0.4 points)1.5%1.3%2.0%
Worked from home13.5% (±1.8 points)12.2%10.2%15.1%

Workers who live in ZIP code 40509 take an average of 22.6 minutes to get to work.

ZIP codes near 40509

Nearest ZIP codes with Census figures, by straight-line distance between their internal points
ZIP codeDistanceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
405165.2 mi$1,114$264,100$84,51018.7%
405025.8 mi$1,089$517,900$76,94840.3%
405156.0 mi$1,361$340,500$86,26839.5%
405056.2 mi$925$179,200$58,20640.2%
405176.2 mi$1,136$216,900$53,67064.3%
405267.1 mi———100.0%
405077.3 mi$862$328,600$41,32975.8%
405088.5 mi$959$182,800$29,44070.5%

Crime reported to police in Fayette County

In 2025, the police departments that report for Fayette County recorded 229 violent and 2,086 property crimes per 100,000 residents.

The FBI publishes crime by police department, not by ZIP code, so this is the figure for the county as a whole.

ZIP code 40509 is reported as ZIP Code Tabulation Area 40509: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about ZIP 40509

What is the median rent in ZIP code 40509?

The median gross rent in ZIP Code Tabulation Area 40509 is $1,394 (±$45) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 40509?

The median value of owner-occupied homes in ZIP code 40509 is $366,300 (±$13,247) (2020–2024 American Community Survey).

What is the median household income in ZIP code 40509?

The median household income in ZIP code 40509 is $94,804 (±$9,939) a year (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 40509 (zip code tabulation area:40509).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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