40023 Income Statistics

Comparison to Surrounding Areas

40023 Median Household Income

The median household income ($144,635) for 40023 is more than 40299 ($89,440), 40022 ($98,333), 40067 ($97,684), 40071 ($98,528), 40245 ($122,948), Jefferson County ($69,866), Shelby County ($82,604), Spencer County ($102,618), Elk Creek CDP ($144,100), and Louisville/Jefferson County metro government ($66,849).

40023$144,635
Elk Creek CDP$144,100
Louisville/Jefferson County metro government$66,849
Jefferson County$69,866
Shelby County$82,604
Spencer County$102,618

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40023 Average Household Income

The average household income ($181,069) for 40023 is more than 40299 ($111,288), 40022 ($137,333), 40067 ($129,513), 40071 ($113,498), 40245 ($163,222), Jefferson County ($97,866), Shelby County ($104,252), Spencer County ($116,525), Elk Creek CDP ($169,698), and Louisville/Jefferson County metro government ($93,175).

40023$181,069
Elk Creek CDP$169,698
Louisville/Jefferson County metro government$93,175
Jefferson County$97,866
Shelby County$104,252
Spencer County$116,525

Get Average Household Income for all Zip Codes in Kentucky.

40023 Per-Capita Income

The per-capita income for 40023 is $66,318. The per capita income ($66,318) for 40023 is more than 40299 ($45,767), 40022 ($53,946), 40067 ($51,261), 40071 ($40,699), 40245 ($62,005), Jefferson County ($42,087), Shelby County ($39,890), Spencer County ($43,368), Elk Creek CDP ($59,702), and Louisville/Jefferson County metro government ($39,683).

40023$66,318
Elk Creek CDP$59,702
Louisville/Jefferson County metro government$39,683
Jefferson County$42,087
Shelby County$39,890
Spencer County$43,368

Get Per-Capita Income for all Zip Codes in Kentucky.

40023 High Income Households

26.1% of households make over $200,000 a year. The percent high income households (26.1%) for 40023 is less than the percent high income households for 40245 (27.1%) and Elk Creek CDP (26.7%). But it's more than 40299 (13.2%), 40022 (15.3%), 40067 (15.7%), 40071 (11.1%), Jefferson County (9.6%), Shelby County (10.0%), Spencer County (12.2%), and Louisville/Jefferson County metro government (8.7%).

4002326.1%
Elk Creek CDP26.7%
Louisville/Jefferson County metro government8.7%
Jefferson County9.6%
Shelby County10.0%
Spencer County12.2%

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40023 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40023$-1$144,896$153,571$106,098
Elk Creek CDP$-1$159,050$150,341$88,750
Louisville/Jefferson County metro government$43,308$74,398$79,985$50,722
Jefferson County$43,282$78,101$84,132$52,849
Shelby County$31,541$101,974$88,686$52,332
Spencer County$55,441$125,042$102,674$67,535

Get Median Household Income by Age of Householder for all Zip Codes in Kentucky.

40023 Map

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About the Data

Data Sources

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 40023 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

Margins of error for the income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
40023+/-$15,506+/-$32,541+/-$12,584+/-6.2%+/-$-1+/-$23,569+/-$11,833+/-$31,102
Elk Creek CDP+/-$14,785+/-$31,242+/-$10,037+/-9.7%+/-$-1+/-$82,666+/-$30,323+/-$45,398
Louisville/Jefferson County metro government+/-$1,523+/-$1,511+/-$631+/-0.4%+/-$2,702+/-$2,537+/-$2,259+/-$1,642
Jefferson County+/-$1,228+/-$1,404+/-$591+/-0.4%+/-$2,606+/-$2,600+/-$2,638+/-$1,487
Shelby County+/-$4,414+/-$5,599+/-$1,955+/-1.5%+/-$11,581+/-$9,339+/-$11,719+/-$5,377
Spencer County+/-$12,041+/-$8,604+/-$3,060+/-3.0%+/-$15,681+/-$6,230+/-$19,829+/-$13,505