Average Income in Louisville, KY
About Louisville, Kentucky
Louisville's economy centers on bourbon distilling, automotive manufacturing, logistics, healthcare, and banking across 23 ZIP codes. Distillery production and tourism (Kentucky Derby) generate income for hospitality and production workers. Ford and Toyota manufacturing plants provide well-paying union jobs, though automation reduces employment. The port and UPS logistics hub create substantial distribution and administrative employment. Healthcare employment through University of Louisville Hospital and other systems provides stable middle-class jobs. Banking and financial services concentrate in the downtown riverfront area. Neighborhoods show clear income stratification: Old Louisville and The Highlands offer professional and creative-class concentration, while South End and West Louisville face lower incomes and employment challenges. Kentucky's moderate income tax (up to 6%) and lack of local income tax provide cost-of-living benefits. Housing affordability remains reasonable, supporting homeownership across income levels.
All 15 ZIP Codes in Louisville, KY
| ZIP Code | Avg AGI ▼ | Returns | National Rank | % Under $25K | % Over $200K |
|---|---|---|---|---|---|
| 40205 | $141,339 | 11,440 | #2,002 | 20.0% | 15.2% |
| 40245 | $141,095 | 18,930 | #2,006 | 20.3% | 18.9% |
| 40202 | $114,577 | 2,350 | #3,261 | 36.6% | 7.2% |
| 40204 | $100,793 | 7,230 | #4,563 | 21.6% | 9.8% |
| 40220 | $66,452 | 16,800 | #14,862 | 24.8% | 3.4% |
| 40217 | $58,227 | 6,320 | #19,776 | 26.0% | 1.7% |
| 40213 | $54,900 | 7,890 | #21,756 | 31.7% | 2.5% |
| 40214 | $49,504 | 20,650 | #24,443 | 34.4% | 1.5% |
| 40208 | $42,921 | 5,040 | #26,308 | 43.3% | 1.6% |
| 40209 | $41,115 | 190 | #26,617 | 36.8% | 0.0% |
| 40203 | $36,525 | 5,880 | #27,169 | 48.8% | 1.0% |
| 40215 | $35,250 | 8,850 | #27,267 | 42.3% | 0.0% |
| 40211 | $32,946 | 8,310 | #27,418 | 48.3% | 0.2% |
| 40212 | $32,499 | 5,980 | #27,444 | 48.8% | 0.3% |
| 40210 | $30,225 | 5,300 | #27,521 | 51.1% | 0.0% |
Nearby Major Cities
Closest cities with 50,000+ tax returns filed, sorted by distance from Louisville.
| City | State | Avg AGI | Returns | ZIPs | Distance |
|---|---|---|---|---|---|
| Lexington | KY | $86,968 | 143,860 | 14 | 68 mi |
| Cincinnati | OH | $84,663 | 126,940 | 20 | 91 mi |
| Evansville | IN | $61,857 | 77,320 | 8 | 101 mi |
| Southport | IN | $62,130 | 64,650 | 3 | 105 mi |
| Indianapolis | IN | $66,499 | 150,250 | 12 | 110 mi |
| Dayton | OH | $60,444 | 87,270 | 13 | 135 mi |
| Clarksville | TN | $63,017 | 93,830 | 3 | 148 mi |
| Nashville | TN | $129,198 | 210,340 | 18 | 154 mi |
| Murfreesboro | TN | $78,465 | 56,840 | 2 | 165 mi |
| Knoxville | TN | $85,647 | 125,390 | 13 | 183 mi |