ZIP 40391 - 860Z200US40391 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 40391, understanding the local demographics and housing landscape is essential. Located in a vibrant area, this ZIP code offers a mix of residential stability and economic potential. With data from 2023, this snapshot provides a clear view of population trends, income levels, housing costs, and racial composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about ZIP 40391.

Population & Households

ZIP 40391 is home to a population of 36,729 individuals, making it a moderately sized community with a strong residential base. This population is distributed across 14,815 households, reflecting a community with a mix of family and individual living arrangements. The total number of housing units stands at 16,125, indicating some availability of vacant or secondary properties. For homebuyers and investors, this suggests a market with room for growth or rental opportunities, while businesses can tap into a sizable local customer base.

Income & Housing Costs

The median household income in ZIP 40391 is $67,910, pointing to a community with solid earning potential. This income level supports a comfortable standard of living for many residents and indicates purchasing power for local businesses. On the housing front, the median home value is $197,200, which offers a relatively accessible entry point for buyers compared to higher-priced markets. Meanwhile, the median rent is $884 per month, making rental options affordable for a range of income levels. These figures suggest a balanced housing market that caters to both owners and renters, providing opportunities for investors and stability for residents.

Race & Ethnicity

The demographic makeup of ZIP 40391 is predominantly White, accounting for 88.23% of the population. Black residents make up 4.29%, while Hispanic individuals represent 4.06%, and Asian residents comprise 0.81%. This composition reflects a largely homogeneous community with smaller but notable diversity. For businesses and investors, understanding this breakdown can help tailor services, marketing, or community engagement strategies to resonate with the majority while addressing the needs of minority groups.

Key Facts

• Total population: 36,729 residents in ZIP 40391 as of 2023.
• Total households: 14,815, indicating a strong residential presence.
• Total housing units: 16,125, with potential for vacant or investment properties.
• Median household income: $67,910, reflecting solid economic stability.
• Median home value: $197,200, an accessible price point for many buyers.
• Median rent: $884, offering affordable rental options.
• Racial composition: 88.23% White, 4.29% Black, 4.06% Hispanic, 0.81% Asian.

What This Means for You

For homebuyers, ZIP 40391 presents an attractive opportunity with a median home value of $197,200, which is within reach for many budgets, especially given the median household income of $67,910. The availability of over 16,000 housing units also suggests options for finding the right property. Real estate investors and agents will find potential in the gap between total housing units and households, which could indicate rental or flip opportunities in a stable market. Small-business owners can benefit from a sizable population of over 36,000 and a community with disposable income to support local goods and services. Analysts can use these metrics to benchmark ZIP 40391 against neighboring areas, identifying trends in growth, affordability, or demographic shifts. Across all groups, the data points to a community with a strong foundation for living, investing, and operating a business.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 40391? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make data-driven decisions for buying, investing, or launching a business in any area of interest.