What We Evaluated
| 👨🏫 Class Size | 15.0:1 student-teacher ratio |
| 💰 Funding | $19,590 per student |
| 🏫 School Type | Regular |
School Information
| Address | 4301 Murphy Lane |
| City | Louisville |
| ZIP Code | 40241 |
| District | 2102990 |
| NCES School ID | 210299001959 |
| Data Year | 2024-25 |
Community Context for 40241
Understanding the community around Chancey Elementary helps evaluate the school environment and neighborhood.
💰 Income & Economy
| Median Household Income | $95,309 |
| Per Capita Income | $54,587 |
| Poverty Rate | 3.9% |
| Households Earning $100K+ | 47.3% |
🎓 Education Level
| Bachelor's Degree or Higher | 57.5% |
| High School or Higher | 96.9% |
🏠 Housing
| Median Home Value | $334,400 |
| Median Rent | $1,389 |
| Owner-Occupied | 71.0% |
| Renter-Occupied | 29.0% |
Thinking about moving into this school’s area? See what homes and rents actually cost in ZIP 40241 — values, rent, and how it compares to nearby ZIPs. Free, no signup. See 40241 housing costs →
Student Demographics
Enrollment and demographic breakdown for Chancey Elementary.
👫 Gender Distribution
🌎 Race & Ethnicity
📋 Enrollment Summary
| Total Enrollment | 560 |
| Teachers (FTE) | 37.3 |
| Student:Teacher Ratio | 15.0:1 |
Frequently Asked Questions
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Other Schools in 40241
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than actual school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention and better student outcomes.
- School Funding — Resources available for programs, teachers, and facilities directly affect education quality.
- School Environment — School size and structure affect available programs and student experience.
Data source: NCES CCD 2024-25 | Last updated: September 2026