40383 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 40383, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

40383 is a zip code in Jessamine County and Woodford County, Kentucky, which covers Keene CCD, Midway CCD, South Woodford CCD, and Versailles, with a total population of 24,392 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 40383 zip code. The most basic data is the total population, which is the total number of people living in 40383.

The estimated population of people living in 40383 is 24,392, with a median age of 42.4.

We can look back at data from previous years to see how the population in the 40383 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
24,392
+2.54%
+4.22%
2020
23,787
 -0.08% -
2019
23,805
+0.37%
-
2018
23,718
+1.34%
-
2017
23,404
 - -

Population of 40383 by Race and Ethnicity

How much has the race and ethnicity of the population in the 40383 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
85.8%
86.8%
 -1.15%
Black/African American
3.5%
4.4%
 -20.45%
Native
0%
0%
 0.00%
Hispanic
7.3%
6.3%
 +15.87%
Asian
0.4%
0.3%
 +33.33%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
2.8%
2.1%
 +33.33%
Other
0.1%
0%
 0.00%

This data can be very important for anybody studying the 40383 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 40383 by Age and Gender

We can also monitor the change of the age and gender in the 40383 zip code to track track trends in the population over time.

We can see how the population in 40383 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 42.4 +1.92% 43 +3.86% 42 -0.24%
2020 41.6 +0.24% 41.4 +2.73% 42.1 -1.64%
2019 41.5 -0.24% 40.3 -1.95% 42.8 +0.94%
2018 41.6 -0.48% 41.1 +1.23% 42.4 -0.93%
2017 41.8 - 40.6 - 42.8 -

The median age of the 40383 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 40383 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 1,484 -10.28% 1,387 +22.79% 1,326 1,726
10 to 19 1,484 +2.82% 1,637 -8.46% 1,521 1,500
20 to 29 1,219 +1.11% 1,270 +11.79% 1,230 1,426
30 to 39 1,417 -5.48% 1,483 +2.1% 1,339 1,509
40 to 49 1,654 -5.13% 1,381 -4.31% 1,569 1,319
50 to 59 1,689 -4.56% 1,846 +1.55% 1,610 1,863
60 to 69 1,503 +14.63% 1,645 +7.46% 1,725 1,750
70+ 947 +26.02% 1,358 +27.48% 1,209 1,770

Median Household Income

The latest median household income for the 40383 zip code is $72,735.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 40383.

  • Under 25
    $26,622.00
  • 25 to 44
    $87,246.00
  • 45 to 64
    $75,344.00
  • 65 and over
    $64,028.00

Average Household Income

Whenever we ask what is the average household income in the 40383 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 40383, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 40383 is currently $86,658.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

4.67% of households in 40383 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 40383 against other zip codes.

  • Less than $24,999
    12.78%
  • $25,000 to $49,999
    24.77%
  • $50,000 to $74,999
    13.42%
  • $75,000 to $99,999
    13.37%
  • $100,000 to $149,999
    20.68%
  • $150,000 to $199,999
    10.31%
  • $200,000 or more
    4.67%

Per Capita Income

The per capita income in 40383 is $34,839.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 40383 by the total population of 40383.

This is different from the average or mean income because it includes and accounts for all people living in the 40383 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 40383 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    18.05%
  • Bachelor's degree
    36.67%
  • Some college or associate's degree
    10.26%
  • High school diploma or equivalent
    33.31%
  • Less than high school diploma
    1.71%

Employment

Employment rates are all based around the total population in 40383 that are over the age of 16.

Currently, the total population of the 40383 zip over the age of 16 is 19,453.

Of those people, a total of 65.80% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 40383 is 64.30%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 40383 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 1,134 47.60% 8.90%
20 to 24 years 1,321 80.20% 1.20%
25 to 29 years 1,335 88.40% 1.20%
30 to 34 years 1,268 89.60% 1.30%
35 to 44 years 2,876 85.40% 0.90%
45 to 54 years 3,382 83.50% 1.40%
55 to 59 years 1,683 82.20% 1.30%
60 to 64 years 2,031 59.90% 3.00%
65 to 74 years 2,790 33.10% 5.50%
75 years and over 1,633 5.00% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 40383. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 18,099 65.60% 2.10%
Black or African American 801 69.80% 0.40%
American Indian and Alaska Native 8 100.00% 0.00%
Asian 104 76.00% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 110 91.80% 0.00%
Two or more races 331 52.30% 0.00%
Hispanic or Latino 1,198 73.90% 0.00%
Not Hispanic or Latino 17,030 65.30% 2.30%

Occupations

In this section we can look at the most common occupations for people living in the 40383 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 40383 is 12,517, with median earnings of $40,604.00.

Women in 40383 are earning approximately 68.80% of the men's earnings.

Population Earnings
Total 12,517 $40,604.00
Male 6,422 $48,095.00
Female 6,095 $33,095.00

Occupations by Category

In the table below, we can break down the population and earnings for 40383 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 1,540 $61,538.00
Business and Financial 700 $52,763.00
Computer and Mathematical 208 $79,286.00
Architecture and Engineering 183 $102,639.00
Life, Physical, and Social Science 132 $60,625.00
Community and Social Service 416 $72,632.00
Legal 202 $101,250.00
Educational and Library 666 $45,333.00
Arts, Design, Entertainment, Sports, and Media 215 $21,356.00
Healthcare Practitioners 964 $52,579.00
Healthcare Support 368 $21,981.00
Firefighters and Protective Service 184 $29,545.00
Law Enforcement 176 $56,042.00
Food Preparation and Serving 421 $8,718.00
Building and Grounds Cleaning 468 $22,181.00
Personal Care and Service 490 $26,750.00
Sales 1,157 $42,926.00
Office and Administrative Support 1,106 $36,014.00
Farming, Fishing, and Forestry 279 $47,863.00
Construction and Extraction 448 $38,913.00
Installation, Maintenance, and Repair 357 $41,094.00
Production 847 $33,563.00
Transportation and Material Moving 481 $26,897.00

Occupations by Gender

Now we can also look at the occupations by category for 40383 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 40383.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 860 $74,625.00 680 $42,847.00
Business and Financial 346 $67,143.00 354 $44,079.00
Computer and Mathematical 103 $75,313.00 105 $80,842.00
Architecture and Engineering 183 $102,639.00 0 $0.00
Life, Physical, and Social Science 101 $61,394.00 31 $43,625.00
Community and Social Service 138 $50,286.00 278 $78,082.00
Legal 54 $88,750.00 148 $102,647.00
Educational and Library 177 $47,019.00 489 $44,550.00
Arts, Design, Entertainment, Sports, and Media 156 $19,688.00 59 $29,028.00
Healthcare Practitioners 273 $93,353.00 691 $42,043.00
Healthcare Support 0 $0.00 368 $21,981.00
Firefighters and Protective Service 115 $28,977.00 69 $30,189.00
Law Enforcement 130 $57,153.00 46 $48,400.00
Food Preparation and Serving 115 $15,043.00 306 $7,910.00
Building and Grounds Cleaning 356 $22,207.00 112 $17,143.00
Personal Care and Service 134 $52,596.00 356 $14,167.00
Sales 548 $76,964.00 609 $17,764.00
Office and Administrative Support 320 $40,064.00 786 $34,403.00
Farming, Fishing, and Forestry 215 $48,619.00 64 $33,250.00
Construction and Extraction 432 $39,022.00 16 $0.00
Installation, Maintenance, and Repair 357 $41,094.00 0 $0.00
Production 417 $43,717.00 430 $21,777.00
Transportation and Material Moving 476 $26,952.00 5 $0.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 9,447 households in 40383, with an average household size of 2.57 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 6,841 families living in the 40383 zip code with an average family size of 3.03 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 40383:

Married Male Female Nonfamily
Total Households 5,337 323 1,181 2,606
Average Household Size 3.04 3.43 3.27 1.19
Total Families 5,337 323 1,181 0
Average Household Size 3.02 3.19 3.03 0

Poverty

Of the 6,841 families living in 40383, 3.80% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 40383:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 10,276 housing units in 40383.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 9,447 91.93%
Vacant 829 8.07%

23.48% of the total 10,276 housing units in 40383 are rental units. This is approximately 2,413 properties.

For owner-occupied housing units, a total of 6,616 are occupied by the owner - or 64.38% of the total.

Rental Rates

The median rent for a property in 40383 is $816.00.

In the chart below, we can look at the number of rental properties in 40383 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    418
  • Less than $500
    200
  • $500 to $999
    1,519
  • $1,000 to $1,499
    605
  • $1,500 to $1,999
    80
  • $2,000 to $2,499
    9
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Value

The median value of a property in 40383 is $230,400.00.

Just like with rental rates, we can look at the number of properties in 40383 that fall into a particular value range.

  • Less than $50,000
    200
  • $50,000 to $99,999
    365
  • $100,000 to $149,999
    1,080
  • $150,000 to $199,999
    1,096
  • $200,000 to $299,999
    2,033
  • $300,000 to $499,999
    1,258
  • $500,000 to $999,999
    509
  • $1,000,000 or more
    75

Property Age

We can also look at the age of properties in 40383. The chart below shows the number of properties in 40383 that fall into a particular age range.

  • 1939 or earlier
    1,047
  • 1940 to 1949
    100
  • 1950 to 1959
    708
  • 1960 to 1969
    809
  • 1970 to 1979
    1,670
  • 1980 to 1989
    1,973
  • 1990 to 1999
    1,863
  • 2000 to 2009
    1,357
  • 2010 to 2013
    743
  • 2014 or later
    6

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 40383 that have a particular number of vehicles available.

  • No vehicles available
    424
  • 1 vehicle available
    2,593
  • 2 vehicles available
    4,046
  • 3 or more vehicles available
    2,384

Commuting to Work

In this section, we can also look at how people in 40383 get to work. The chart below shows the number of people in 40383 that commute to work in a particular way.

23.4 minutes is the average travel time to work for people in 40383.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    509
  • 5 to 9 minutes
    1,803
  • 10 to 14 minutes
    1,485
  • 15 to 19 minutes
    1,345
  • 20 to 24 minutes
    1,403
  • 25 to 29 minutes
    1,012
  • 30 to 34 minutes
    1,784
  • 35 to 39 minutes
    414
  • 40 to 44 minutes
    298
  • 45 to 59 minutes
    554
  • 60 to 89 minutes
    224
  • 90 or more minutes
    352

Summary

We've covered a LOT of demographic and population data for 40383 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 40383

If you want to see how the population and demographics of 40383 compare to other zip codes in Kentucky, check out the list of all Kentucky zip codes below: