40940 ZIP Code – Frakes, Kentucky

ZIP code 40940 is a very small ZIP code located in Frakes, Kentucky, within Whitley County with a population of approximately 338 residents. At $20,848, the median household income here runs well below the Kentucky average and well below the U.S. average. Median home values of $81,000 are well below the national average, with 90.4% owner-occupied housing (increasing). Housing consists of 76% single-family (increasing).

The unemployment rate is 41.7%, well above the national average. The poverty rate of 22.9% is well above the U.S. average. An estimated 0.0% of adults hold a bachelor's degree or higher, well below the national average. The median age is 37.0, near the national median. The surrounding area includes ZIP codes 37730, 37715, 40763.

ZIP Code 40940 Data

Population 338
Median Household Income $20,848
Median Home Value $81,000
Median Rent Not provided
Median Age 37.0
Unemployment Rate 41.7%
Poverty Rate 22.9%
Bachelor's Degree or Higher 0.0%
State Kentucky

ZIP 40940 vs. Kentucky vs. U.S.

MetricZIP 40940KY Avg.U.S. Avg.
Population3385,90210k
Median Household Income$20k$55k$73k
Median Home Value$81k$139k$258k
Median Rent$801$1,088
Median Age37.042.443.2
Unemployment Rate41.7%5.6%5.0%
Poverty Rate22.9%21.4%13.3%
Bachelor's Degree or Higher0.0%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
37730 EAGAN 29 Not provided
37715 CLAIRFIELD 744 $24,063
40763 SILER 438 $23,095
37851 PRUDEN Not provided Not provided
37729 DUFF 1,547 $55,568