This section shows the ZIP code 42151 Kentucky economy using the most recent economic analysis from the 2021 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, 42151 indicates it has a Median earnings of $34,306 which is the second most median earnings of all the zip codes in the greater ZIP code 42151 region. The zip code with the highest median earnings per worker in the area is 42167 which depicts a median earnings of $36,345 (only about 5.9% larger). Comparing median earnings per worker to the United States average of $50,459, ZIP code 42151 is approximately three-fourths the size. Also, measured against the state of Kentucky, median earnings per worker of $44,129, ZIP code 42151 is approximately three-fourths the size.
The next section examines a variety of different income statistics for the ZIP code 42151 metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $15,000 and $19,999 at 100.0% of the total and is ranked #1.
Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. 42151 shows it has the hightest cost of 106.9 for the cost of transportation aggregate.
ZIP code 42151 Labor Force Charts
The next two charts look at very recent, monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2020, the Covid 19 recession or great recession occurred and affects this metric. . It indicates that from February 2010 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 10.7% to 4.1% in February 2020. This represents a decrease in the monthly unemployment rate of 61.7%. Since that time, the monthly unemployment rate has gone to 3.8% This represents a decrease in the monthly unemployment rate of 7.3%.
In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. . It shows that from February 2010 to before the Wuhan Coronavirus Pandemic the monthly labor force participation went from 13,439 to 14,434 in March 2020. This represents an increase in the monthly labor force participation of 7.4%. Since that time, the monthly labor force participation has gone to 14,333 This represents a decrease in the monthly labor force participation of very little. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. ZIP code 42151 depicts it has a Labor Force Participation of 51.1% which is in the mid range of other zip codes in the metropolitan area.
The percentage of families with no one working is depicted in Figure 22. 42151 depicts it has a Families with No One Working of 35.7% which is the second most families with no one working of all the zip codes in the greater ZIP code 42151 region. The zip code with the highest families with no one working in the area is 38551 which depicts a families with no worker of 37.2% (only about 4.0% larger).
ZIP code 42151 Poverty Charts
Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). ZIP code 42151 shows it has a Gini Index of 33.6% which is the smallest in terms of the gini index of all the other zip codes in the metropolitan area.
ZIP code 42151 Work Commute Charts
Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown ZIP code 42151 or elsewhere.) ZIP code 42151 has the largest proportion of people who drove alone at 100% of the total and is ranked #1.
In Figure 35 is shown a frequency distribution of the time that people leave for work. ZIP code 42151 has the largest proportion of people who leave for work between 6am to 630am at 23% of the total and is ranked #1.
The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. ZIP code 42151 has one of the largest proportions of people with commute time between 10 to 14 minutes at 38% of the total and is ranked #2. The only larger zip code being 42731 with 40%. Second, it has the largest proportion of people with commute time between 15 to 19 minutes at 23% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 40 to 44 minutes at 40% of the total and is ranked #1.
Figure 40 shows the total number of vehicles available for transportation and ZIP code 42151 has the largest proportion of 2 vehicles available at 100% of the total and is ranked #1.
ZIP code 42151 Jobs Charts
The table in Figure 48, shows ZIP code 42151 employment data in terms of job categories and salary data.
Cities marked with an asterisk ("*") should resemble a city or town but do not have their own government (i.e. Mayor, City Council, etc.) These places should be recognizable by the local community but their boundaries have no legal status. Technically these include both Census Designated Places (CDP) and Census County Divisions (CCD) which are defined by the Census Bureau along with local authorities. (For more information, see:
Census Designated Place or "CDP")
and Census County Division "CCD".)
For comparison purposes, the US national average and the state average value are provided. Additionally, the "Combined Statistical Area" or CSA is shown that is closest to the city, county, or zip code shown. A CSA is a large grouping of adjacent metropolitan areas that identified by the Census Bureau based on social and economic ties. (See: Combined Statistical Area)
Data sources - Mouse over icon in upper right corner of each chart for information.