ZIP 40422 - 860Z200US40422 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 40422 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic region, this area offers a blend of opportunity and community for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest 2023 data, this snapshot provides a clear, data-driven look at population, income, housing costs, and racial composition in ZIP 40422. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 40422 is home to a population of 25,997 residents, making it a moderately sized community with room for both personal connection and economic activity. These residents are distributed across 9,757 households, reflecting a mix of family units, singles, and shared living arrangements. With 10,627 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate availability for new residents or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 40422 stands at $60,926, suggesting a stable economic base for many families and individuals. This income level supports a housing market where the median home value is $214,300—a figure that positions the area as accessible for first-time buyers while still offering value appreciation potential for investors. For renters, the median rent is $774 per month, providing a more affordable alternative to homeownership in a market where housing costs remain reasonable compared to national averages.

Race & Ethnicity

The demographic makeup of ZIP 40422 reflects a predominantly white population at 80.99%, with notable representation from other groups. Black residents account for 8.59% of the population, while Hispanic individuals make up 4.99%. Asian residents represent a smaller share at 0.78%. This diversity, though not as pronounced as in larger urban centers, contributes to a community with varied perspectives and cultural influences, which can be a draw for businesses and families seeking an inclusive environment.

Key Facts

• Total population: 25,997 residents in ZIP 40422 as of 2023.
• Total households: 9,757, indicating a strong community base.
• Total housing units: 10,627, suggesting potential availability for new occupants.
• Median household income: $60,926, reflecting economic stability.
• Median home value: $214,300, offering accessible entry for buyers.
• Median rent: $774, a competitive rate for renters.
• Racial composition: 80.99% white, 8.59% black, 4.99% Hispanic, 0.78% Asian.

What This Means for You

For homebuyers, ZIP 40422 presents an opportunity to enter a market with a median home value of $214,300, which is within reach for many, especially given the median household income of $60,926. The slight surplus of housing units (10,627 vs. 9,757 households) may also mean less competition for available properties. Investors and real estate agents can find value in this area’s stable income levels and reasonable home prices, which suggest potential for steady rental demand or future appreciation. The affordable median rent of $774 could attract tenants, making rental properties a viable option. For small-business owners, the population of nearly 26,000 offers a sizable customer base, while the diversity in the community (with Hispanic and black residents forming notable shares) allows for targeted products or services. Analysts can use these metrics to benchmark ZIP 40422 against neighboring areas, identifying trends in housing availability or income growth for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 40422? 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 costs, and more, tailored to your needs.
• Use the insights to inform your homebuying, investment, or business decisions with confidence, just as we’ve done here.