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CENSUS TRACT

Census Tract 42.08

Kentucky · Fayette County · 7,649 residents · 3.213 sq mi
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20.0120.022629303642.0442.0542.08
TRACT SHAPE · Fayette County, KY
The short version

Census Tract 42.08 is significantly wealthier than the US average, with a median household income of $127,942. Population has held roughly steady since 2020. 74% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $490,000. With a median age of 44.6, the population is older than the US median of 38.9. Households here earn about 84% more than the Fayette County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 44.6
US median: 38.9
More educated
74% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
7,649
Unchangedsince 2020
from 7,671 in 2020
2020 – 2024
Population density
2,381 / sq mi
Unchangedsince 2020
from 2,387 / sq mi in 2020
US average: 281
Median age
44.6
+4%since 2020
from 42.8 in 2020
US average: 38.9
Population, 20202024
8K8K8K8K8K20202024Census Tract 42.08
20248K
20202024
Section 02

Income & economy

Median household income
$127,942
Unchangedinflation adjusted, since 2020
from $105,857 in 2020
US average: $82,259
2020 – 2024
Per capita income
$63,824
+21%since 2020
from $52,884 in 2020
US average: $44,673
Households earning $100K+
68.6%
+1.0 ptssince 2020
from 67.6% in 2020
US average: 53.3%
Poverty rate
3.9%
−1.8 ptssince 2020
from 5.7% in 2020
US average: 12.5%
Income inequality (Gini)
0.452
+5%since 2020
from 0.430 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade9%
US avg: 9.9%
Information8.5%
US avg: 10.8%
Other services4.5%
US avg: 6.7%
Public administration3.8%
US avg: 4.8%
Wholesale trade2.5%
US avg: 6.9%
Arts, entertainment, food2.3%
US avg: 1.9%
Finance & insurance1.6%
US avg: 5.9%
Transportation & warehousing1.5%
US avg: 2.2%
Professional, scientific, technical1.1%
US avg: 5.1%
Education & health services0.5%
US avg: 0.9%
Agriculture, forestry, fishing0.3%
US avg: 1.6%
Manufacturing0.3%
US avg: 0.4%
Construction0%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$490,000
+8%inflation adjusted, since 2020
from $374,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,426
+1%inflation adjusted, since 2020
from $1,168 in 2020
US average: $1,442
Owner-occupied
64.6%
+0.3 ptssince 2020
from 64.3% in 2020
35.4% rent
Vacancy rate
5.4%
−0.4 ptssince 2020
from 5.8% in 2020
US average: 10.0%
Owner cost-burdened
12.7%
+0.4 ptssince 2020
from 12.3% in 2020
US average: 22.9%
Renter cost-burdened
26.1%
+2.8 ptssince 2020
from 23.2% in 2020
US average: 47.4%
Afford Score
3.8
+8%since 2020
from 3.5 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 42.08 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic64.6%(4,953)
Black2.9%(223)
Hispanic / Latino4%(304)
Asian24.5%(1,878)
Other4.1%(313)
Diversity Score64.9%(4,977)
2024
White, non-Hispanic67%(5,128)
Black1.6%(124)
Hispanic / Latino4.4%(334)
Asian24.5%(1,876)
Other2.4%(187)
Diversity Score61%(4,662)
Diversity Score
61
−6%since 2020
from 65 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
73.9%
+10.2 ptssince 2020
from 63.7% in 2020
US average: 35.6%
High school or higher
98.7%
+1.7 ptssince 2020
from 97.0% in 2020
US average: 89.6%
Graduate degree
35.7%
+3.2 ptssince 2020
from 32.5% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.7 min
Unchangedsince 2020
from 23.7 min in 2020
US average: 26.5
Drive alone to work
71.9%
−5.9 ptssince 2020
from 77.7% in 2020
US average: 68.9%
Carpooled to work
8.0%
+0.9 ptssince 2020
from 7.1% in 2020
US average: 8.5%
Public transit
0.9%
+0.7 ptssince 2020
from 0.2% in 2020
US average: 3.2%
Worked from home
18.5%
+5.5 ptssince 2020
from 12.9% in 2020
US average: 15.0%
Walked to work
0.5%
−0.8 ptssince 2020
from 1.3% in 2020
US average: 2.4%
Biked to work
0.3%
+0.3 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
3.5%
+1.0 ptssince 2020
from 2.5% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.3%
−1.2 ptssince 2020
from 2.6% in 2020
US average: 5.2%
Labor force participation
62.8%
−2.2 ptssince 2020
from 65.0% in 2020
US average: 63.5%
Self-employed
15.0%
−0.2 ptssince 2020
from 15.2% in 2020
US average: 13.1%
Management & professional
62.8%
+5.4 ptssince 2020
from 57.4% in 2020
US average: 42.5%
Section 08

People & community

Male
48.6%
+0.5 ptssince 2020
from 48.1% in 2020
Female
51.4%
−0.5 ptssince 2020
from 51.9% in 2020
Foreign born
24.3%
+0.9 ptssince 2020
from 23.3% in 2020
US average: 14.1%
Veterans
5.2%
−1.1 ptssince 2020
from 6.2% in 2020
US average: 6.2%
With a disability
7.5%
+2.3 ptssince 2020
from 5.2% in 2020
US average: 13.3%
Uninsured
1.5%
−0.7 ptssince 2020
from 2.2% in 2020
US average: 8.4%
Broadband at home
97.0%
+0.2 ptssince 2020
from 96.8% in 2020
US average: 91.0%
English only at home
71.7%
+1.2 ptssince 2020
from 70.5% in 2020
US average: 77.7%
Spanish at home
4.0%
+0.7 ptssince 2020
from 3.4% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 7,649 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $127,942 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $490,000, and the typical rent is about $1,426 a month.

How educated are people in this census tract?

About 73.9% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 3.9% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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