ZIP 40219 - 860Z200US40219 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 40219 in Louisville, Kentucky, as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. This snapshot for 2023 offers a clear, data-driven look at the area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in this dynamic community.

Population & Households

ZIP 40219 is home to a substantial population of 39,107 residents, making it a bustling area with a strong community presence. These individuals are distributed across 15,917 households, reflecting a mix of family structures and living arrangements. With 16,699 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate potential opportunities for buyers or renters looking to move in.

Income & Housing Costs

The median household income in ZIP 40219 stands at $52,271, positioning it as a middle-income area where residents have a moderate level of purchasing power. For homebuyers and investors, the median house value of $186,000 offers a relatively accessible entry point into the Louisville housing market, especially when compared to higher-priced neighboring regions. Renters, on the other hand, face a median rent of $967 per month, which aligns with the income levels and suggests a balanced cost of living for those not ready to buy.

Race & Ethnicity

ZIP 40219 boasts a diverse population, reflecting a rich cultural tapestry that can appeal to a wide range of residents and businesses. The racial composition includes 44.17% White, 26.43% Black, 1.28% Asian, and 24.67% Hispanic residents. This diversity fosters a vibrant community atmosphere, offering unique opportunities for cultural engagement and business ventures that cater to varied demographics. For small-business owners, this mix can translate into a broad customer base with diverse needs and preferences.

Key Facts

• Total population: 39,107 residents, indicating a sizable and active community.
• Total households: 15,917, showing a strong base of local families and individuals.
• Total housing units: 16,699, suggesting some availability for new occupants.
• Median household income: $52,271, reflecting moderate economic stability.
• Median house value: $186,000, an accessible price point for many buyers.
• Median rent: $967, offering a reasonable option for renters.
• Diverse demographics: 44.17% White, 26.43% Black, 1.28% Asian, 24.67% Hispanic.

What This Means for You

For homebuyers, ZIP 40219 presents an attractive option with median home values at $186,000, making it a feasible choice for first-time buyers or those seeking affordability in the Louisville area. The slight surplus of housing units (16,699 total versus 15,917 households) could mean less competition when searching for a property. Investors and real estate agents will find potential in this market as well, with opportunities to cater to both buyers and renters—the median rent of $967 indicates steady demand for rental properties. Small-business owners can leverage the area’s diversity (nearly 25% Hispanic and over 26% Black populations) to offer tailored products or services, tapping into a varied customer base. Analysts can use these metrics to benchmark ZIP 40219 against other areas, identifying trends in income ($52,271 median) and housing affordability that influence economic growth.

Run This Study Yourself

• Curious about diving deeper into ZIP 40219 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Input any ZIP code to access up-to-date population, income, and housing insights tailored to your needs.
• Use the detailed reports to make data-driven decisions for your home purchase, investment, or business strategy.