42040 Zip Code (KY) Detailed Profile

Estimated zip code population in 2022: 846
Zip code population in 2010: 1,082
Zip code population in 2000: 979

Houses and condos: 453
Renter-occupied apartments: 28
March 2022 cost of living index in zip code 42040: 78.6 (low, U.S. average is 100)

Land area: 32.8 sq. mi.
Water area: 0.2 sq. mi.

Population density: 26 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: $1,448 (0.8%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $491 (0.6%)

For population 25 years and over in 42040:

• High school or higher: 96.3%
• Bachelor's degree or higher: 16.4%
• Graduate or professional degree: 7.2%
• Unemployed: 0.6%
• Mean travel time to work (commute): 20.4 minutes

For population 15 years and over in 42040:

• Never married: 16.2%
• Now married: 63.6%
• Separated: 0.6%
• Widowed: 4.7%
• Divorced: 15.0%

• 
• • 72585.7%White
  • 9311.0%Two or more races
  • 283.3%Hispanic or Latino

100% rural population.

Averages for the 2020 tax year for zip code 42040, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $49,658 (Individual Income Tax Returns)

Here:	$49,658
State:	$61,342

Salary/wage: $41,088 (reported on 80.0% of returns)

Here:	$41,088
State:	$50,827

(% of AGI for various income ranges: 1396.4% for AGIs below $25k, 3282.0% for AGIs $25k-50k, 7050.0% for AGIs $50k-75k, 7147.5% for AGIs $75k-100k, 17443.3% for AGIs $100k-200k)

Taxable interest for individuals: $1,093 (reported on 30.0% of returns)

This zip code:	$1,093
Kentucky:	$1,441

(% of AGI for various income ranges: 24.5% for AGIs below $25k, 42.0% for AGIs $25k-50k, 16.0% for AGIs $50k-75k, 80.0% for AGIs $75k-100k, 183.3% for AGIs $100k-200k)

Ordinary dividends: $1,560 (reported on 10.0% of returns)

Here:	$1,560
State:	$7,388

(% of AGI for various income ranges: 28.0% for AGIs $25k-50k, 166.7% for AGIs $100k-200k)

Net capital gain/loss in AGI: +$2,400 (reported on 12.0% of returns)

Here:	+$2,400
State:	+$19,475

(% of AGI for various income ranges: 23.0% for AGIs $25k-50k, 302.5% for AGIs $75k-100k)

Profit/loss from business: +$4,770 (reported on 20.0% of returns)

Here:	+$4,770
State:	+$11,386

(% of AGI for various income ranges: 240.9% for AGIs below $25k, 113.0% for AGIs $25k-50k, 247.5% for AGIs $75k-100k)

Taxable individual retirement arrangement distribution: $11,550 (reported on 8.0% of returns)

42040:	$11,550
Kentucky:	$18,941

(% of AGI for various income ranges: 924.0% for AGIs $50k-75k)

Earned income credit: $2,164 (reported on 22.0% of returns)

Here:	$2,164
State:	$2,336

(% of AGI for various income ranges: 133.6% for AGIs below $25k, 91.0% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 98.0%

Here:	98%
State:	94%

(% for various income ranges: 94.7% for AGIs below $25k, 100.0% for AGIs $25k-50k, 100.0% 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 42040, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $40,560 (Individual Income Tax Returns)

Here:	$40,560
State:	$50,814

Salary/wage: $34,100 (reported on 77.1% of returns)

Here:	$34,100
State:	$42,723

(% of AGI for various income ranges: 69.9% for AGIs below $25k, 70.2% for AGIs $25k-50k, 69.6% for AGIs $50k-75k, 69.4% for AGIs $75k-100k, 52.2% for AGIs $100k-200k)

Taxable interest for individuals: $912 (reported on 33.3% of returns)

This zip code:	$912
Kentucky:	$1,381

(% of AGI for various income ranges: 1.0% for AGIs below $25k, 1.4% for AGIs $25k-50k, 0.7% for AGIs $50k-75k, 0.5% for AGIs $100k-200k)

Ordinary dividends: $500 (reported on 8.3% of returns)

Here:	$500
State:	$6,239

Net capital gain/loss in AGI: +$2,457 (reported on 14.6% of returns)

Here:	+$2,457
State:	+$11,336

(% of AGI for various income ranges: 0.2% for AGIs below $25k, 1.0% for AGIs $25k-50k, 4.9% for AGIs $75k-100k)

Profit/loss from business: +$4,238 (reported on 16.7% of returns)

Here:	+$4,238
State:	+$10,862

(% of AGI for various income ranges: 6.5% for AGIs below $25k, 0.8% for AGIs $25k-50k, 2.8% for AGIs $50k-75k)

Taxable individual retirement arrangement distribution: $9,425 (reported on 8.3% of returns)

42040:	$9,425
Kentucky:	$14,296

Total itemized deductions: $17,473 (26% of AGI, reported on 22.9% of returns)

Here:	$17,473
State:	$21,160

Here:	25.5% of AGI
State:	20.0% of AGI

(% of AGI for various income ranges: 12.9% for AGIs $25k-50k, 16.5% for AGIs $50k-75k, 12.3% for AGIs $100k-200k)

Charity contributions: $5,833 (reported on 18.8% of returns)

Here:	$5,833
State:	$4,303

(% of AGI for various income ranges: 3.4% for AGIs below $25k, 5.3% for AGIs $50k-75k, 3.7% for AGIs $100k-200k)

Taxes paid: $4,200 (reported on 22.9% of returns)

42040:	$4,200
State:	$8,496

(% of AGI for various income ranges: 1.5% for AGIs $25k-50k, 4.0% for AGIs $50k-75k, 4.2% for AGIs $100k-200k)

Earned income credit: $1,955 (reported on 22.9% of returns)

Here:	$1,955
State:	$2,273

(% of AGI for various income ranges: 6.2% for AGIs below $25k, 0.8% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 70.8%

Here:	71%
State:	60%

(% for various income ranges: 63.6% for AGIs below $25k, 66.7% for AGIs $25k-50k, 71.4% for AGIs $50k-75k, 100.0% for AGIs $75k-100k, 100.0% for AGIs $100k-200k)

Averages for the 2004 tax year for zip code 42040, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $32,245 (Individual Income Tax Returns)

Here:	$32,245
State:	$41,540

Salary/wage: $29,749 (reported on 81.0% of returns)

Here:	$29,749
State:	$36,432

(% of AGI for various income ranges: 75.1% for AGIs below $10k, 76.5% for AGIs $10k-25k, 74.5% for AGIs $25k-50k, 78.3% for AGIs $50k-75k, 85.5% for AGIs $75k-100k, 52.3% for AGIs over 100k)

Taxable interest for individuals: $1,227 (reported on 37.6% of returns)

This zip code:	$1,227
Kentucky:	$1,571

(% of AGI for various income ranges: 2.8% for AGIs below $10k, 3.2% for AGIs $10k-25k, 2.1% for AGIs $25k-50k, 0.5% for AGIs $50k-75k, 0.3% for AGIs $75k-100k)

Taxable dividends: $387 (reported on 13.5% of returns)

Here:	$387
State:	$3,453

(% of AGI for various income ranges: 0.1% for AGIs $10k-25k, 0.3% for AGIs $25k-50k, 0.1% for AGIs $50k-75k, 0.1% for AGIs $75k-100k)

Net capital gain/loss: +$1,682 (reported on 9.6% of returns)

Here:	+$1,682
State:	+$9,663

Profit/loss from business: +$2,600 (reported on 19.7% of returns)

Here:	+$2,600
State:	+$9,233

(% of AGI for various income ranges: 8.8% for AGIs below $10k, 4.0% for AGIs $10k-25k, 1.7% for AGIs $25k-50k, 0.6% for AGIs $50k-75k)

Total itemized deductions: $14,977 (25% of AGI, reported on 19.0% of returns)

Here:	$14,977
State:	$17,474

Here:	24.7% of AGI
State:	21.0% of AGI

Charity contributions deductions: $3,480 (6% of AGI, reported on 16.4% of returns)

Here:	$3,480
State:	$3,494

Here:	5.7% of AGI
State:	4.0% of AGI

Total tax: $3,474 (reported on 76.0% of returns)

42040:	$3,474
State:	$6,162

(% of AGI for various income ranges: 2.3% for AGIs below $10k, 4.5% for AGIs $10k-25k, 6.5% for AGIs $25k-50k, 8.9% for AGIs $50k-75k, 11.2% for AGIs $75k-100k, 14.8% for AGIs over 100k)

Earned income credit: $1,494 (reported on 17.2% of returns)

Here:	$1,494
State:	$1,723

Percentage of individuals using paid preparers for their 2004 taxes: 75.5%

Here:	76%
State:	66%

(% for various income ranges: 59.0% for AGIs below $10k, 75.2% for AGIs $10k-25k, 81.0% for AGIs $25k-50k, 83.6% for AGIs $50k-75k, 90.0% for AGIs $75k-100k, 91.7% for AGIs over 100k)

Nearest zip codes: 42079, 42054, 42066, 42049, 42071, 38251.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 9
Household did not receive Food Stamps/SNAP in the past 12 months: 365

Women who did not have a birth in the past 12 months: 154 (109 now married, 46 unmarried)

Housing units in zip code 42040 with a mortgage: 177 (21 second mortgage, 21 both second mortgage and home equity loan)
Median monthly owner costs for units with a mortgage: $1,188
Median monthly owner costs for units without a mortgage: $346

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

• Zip code 42040 household income distribution in 2022

• 18Less than $10,000
• 55$10,000 to $14,999
• 17$20,000 to $24,999
• 12$30,000 to $34,999
• 25$35,000 to $39,999
• 36$40,000 to $44,999
• 17$45,000 to $49,999
• 26$50,000 to $59,999
• 7$60,000 to $74,999
• 36$75,000 to $99,999
• 51$100,000 to $124,999
• 49$125,000 to $149,999
• 18$150,000 to $199,999
• 6$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 42040

• 21Less than $10,000
• 6$30,000 to $34,999
• 15$40,000 to $49,999
• 11$50,000 to $59,999
• 10$60,000 to $69,999
• 37$70,000 to $79,999
• 14$80,000 to $89,999
• 21$90,000 to $99,999
• 28$100,000 to $124,999
• 14$125,000 to $149,999
• 29$150,000 to $174,999
• 6$175,000 to $199,999
• 57$200,000 to $249,999
• 15$250,000 to $299,999
• 33$300,000 to $399,999
• 13$500,000 to $749,999

• Rent paid by renters in 2022 in zip code 42040

• 10$500 to $549
• 19No cash rent

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

• White Non-Hispanic householders: $137,516

Estimated median house or condo value in 2022: $129,647 Lower value quartile - upper value quartile: $81,658 - $241,520

Mean price in 2022:

Detached houses: $170,856

Here:	$170,856
State:	$256,452

Mobile homes: $86,765

Here:	$86,765
State:	$84,635

Housing units in structures:

• One, detached: 405
• Two: 8
• Mobile homes: 35

Unemployment: 0.6%

• Means of transportation to work in zip code 42040

• 88.9%353Drove a car alone
• 9.6%38Worked at home

• Travel time to work (commute) in zip code 42040

• 3Less than 5 minutes
• 5910 to 14 minutes
• 14315 to 19 minutes
• 5020 to 24 minutes
• 1125 to 29 minutes
• 6330 to 34 minutes
• 2345 to 59 minutes

Percentage of zip code residents living and working in this county: 72.5%

Household type by relationship:

Households: 846

• Male householders: 218 (37 living alone), Female householders: 155 (69 living alone)

• 185 spouses (185 opposite-sex spouses), 32 unmarried partners, (32 opposite-sex unmarried partners), 217 children (165 natural, 38 adopted, 13 stepchildren), 32 grandchildren, 0 brothers or sisters, 0 parents, 0 foster children, 0 other relatives, 11 non-relatives

Size of family households: 112 2-persons, 28 3-persons, 59 4-persons, 22 5-persons

Size of nonfamily households: 105 1-person, 31 2-persons, 13 3-persons

178 married couples with children.
23 single-parent households (23 women).

97.9% of residents of 42040 zip code speak English at home.
2.1% of residents speak Spanish at home (100% very well).

Facilities with environmental interests located in this zip code:

• FARMINGTON ELEMENTARY SCHOOL (7730 STATE RT 121 S in FARMINGTON, KY)

  (National Center for Education Statistics) - STATE ID-042205060
  Organizations: GRAVES COUNTY (SCHOOL DISTRICT)
  

• JOE'S TRANSMISSION (6825 STATE ROUTE 94 in FARMINGTON, KY)

  (Resource Conservation and Recovery Act (tracking hazardous waste))
  Business NAICS classification: AUTOMOTIVE TRANSMISSION REPAIR.
  Organizations: JIM FARRIS (CONTACT/OWNER)
  

• FARMINGTON ELEM SCHOOL (7730 KY 121 S in FARMINGTON, KY)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: ELEMENTARY AND SECONDARY SCHOOLS
  

Population in 1990: 2,821.

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

• This state: 652
• Midwest: 130
• South: 33
• West: 19

75% of the 42040 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 64% lived in this county.
   Out of people who lived in different counties, 50% lived in Kentucky.

96% of the 42040 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 96% moved from this county.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 47
Students in private schools in grades 9 to 12 (high school): Students in private undergraduate colleges: 14

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

• Construction: Electrical Contractors (1-4 employees: 2 establishments)
• Finance and Insurance: Commercial Banking (1-4: 1)
• Professional, Scientific, and Technical Services: Process, Physical Distribution, and Logistics Consulting Services (1-4: 1)
• Wholesale Trade: Other Commercial Equipment Merchant Wholesalers (1-4: 1)
• Other Services (except Public Administration): Religious Organizations (1-4: 1)
• Real Estate and Rental and Leasing: Offices of Real Estate Appraisers (1-4: 1)
• Accommodation and Food Services: Limited-Service Restaurants (1-4: 1)

2002 - 2018 National Fire Incident Reporting System (NFIRS) incidents

Based on the data from the years 2002 - 2018 the average number of fires per year is 6. The highest number of fires - 15 took place in 2014, and the least - 0 in 2012. The data has a rising trend.
When looking into fire subcategories, the most incidents belonged to: Outside Fires (45.4%), and Structure Fires (33.3%).


• Fire incident types reported to NFIRS in Zip Code 42040
• 4945.4%Outside Fires
• 3633.3%Structure Fires
• 1312.0%Other
• 109.3%Mobile Property/Vehicle Fires

See full 2006 National Fire Incident Reporting System statistics for zip code 42040, Kentucky

Most common first names in zip code 42040 among deceased individuals
Name	Count	Lived (average)
James	14	81.1 years
John	10	69.8 years
Mary	9	79.1 years
William	9	82.0 years
Robert	9	74.2 years
Charles	6	74.2 years
Billy	6	70.5 years
Anna	5	83.2 years
Mildred	5	79.8 years
George	4	74.0 years

Most common last names in zip code 42040 among deceased individuals
Last name	Count	Lived (average)
Darnell	13	76.6 years
Adams	9	75.5 years
Bazzell	9	82.5 years
Howard	7	87.8 years
Smith	7	76.4 years
Lamb	7	79.3 years
Jones	7	75.5 years
Harrison	6	77.3 years
Colley	6	77.6 years
Wilferd	6	76.3 years