40347 ZIP Code – Midway, Kentucky

40347 is a small ZIP code in Midway, Kentucky, part of Woodford County with a population of approximately 3,828 residents. The median household income is $100,787 — well above the Kentucky average and above the national average. The median home value of $328,400 is above the national average, with 77.9% owner-occupied housing (increasing). , and the median rent of $885 is below the national average. Housing consists of 91% single-family (increasing).

The area reports an unemployment rate of 8.1%, well above the national average. An estimated 10.0% of the population falls below the poverty line, below the national figure. An estimated 45.9% of adults hold a bachelor's degree or higher, well above the national average. At 42.2, the median age is near the national figure. Nearby ZIP codes include 40510, 40383, 40601.

ZIP Code 40347 Data

Population 3,828
Median Household Income $100,787
Median Home Value $328,400
Median Rent $885
Median Age 42.2
Unemployment Rate 8.1%
Poverty Rate 10.0%
Bachelor's Degree or Higher 45.9%
State Kentucky

ZIP 40347 vs. Kentucky vs. U.S.

MetricZIP 40347KY Avg.U.S. Avg.
Population3,8285,90210k
Median Household Income$100k$55k$73k
Median Home Value$328k$139k$258k
Median Rent$885$801$1,088
Median Age42.242.443.2
Unemployment Rate8.1%5.6%5.0%
Poverty Rate10.0%21.4%13.3%
Bachelor's Degree or Higher45.9%16.9%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
40510 LEXINGTON 2,059 $149,591
40383 VERSAILLES 24,258 $78,548
40601 FRANKFORT 51,579 $63,296
40379 STAMPING GROUND 3,790 $63,547
40324 GEORGETOWN 51,072 $79,997