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AREA INFORMATION

42040 (Farmington, KY)

Explore the real estate in 42040 (Farmington, KY)

Area Highlights

42040 (Farmington, KY) residents have a median age of 42.6 years old, with employment highest in the production occupations and building maintenance industries.

1,040 Population

The population has increased by 1.3% since the year 2010.

443 Households

$56,290 /yr
Median Household Income

21m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

42.6 Median Age

Average Household Size

2.4
persons per
household

54.4%

Married Households

Community Population By Education

High School Graduate 39%
Some College 22%
Graduate Degree 14%
Associates Degree 10%
Bachelors Degree 9%
Some High School 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 38.89% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
32.7% of households have children

Economics

$56,290 /yr
Median Household Income
$0
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 17.36% of the households.

Transportation to Work

  • Drive 91%
  • Work from Home 8%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 385 79%
Rented 58 12%
Vacant 46 9%

White vs Blue Collar Jobs







White Collar 60%
Blue Collar 40%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 42.6 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 91%
Hispanic 4%
Other 1%
Black <1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 91%, followed by Hispanic at 4%, Other at 1%, and Black at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

90° July
Hottest Average Month
26° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
46°
Feb
29°
51°
Mar
37°
60°
Apr
46°
71°
May
55°
79°
Jun
64°
86°
Jul
68°
90°
Aug
66°
89°
Sep
59°
83°
Oct
47°
72°
Nov
37°
59°
Dec
30°
49°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$279,900
For sale
3 beds • 2 baths • 1,434 sqft

7723 State Route 1124
Farmington, KY 42040

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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