40701 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 40701, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

40701 is a zip code in Knox County, Laurel County, and Whitley County, Kentucky, which covers Barbourville CCD, Corbin CCD, Gray CCD, Camp Ground CCD, Keavy CCD, North Corbin CCD, and Cumberland Falls, with a total population of 30,020 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 40701 zip code. The most basic data is the total population, which is the total number of people living in 40701.

The estimated population of people living in 40701 is 30,020, with a median age of 40.3.

We can look back at data from previous years to see how the population in the 40701 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
30,020
+3.06%
-2.11%
2020
29,128
 -2.54% -
2019
29,888
 -1.38% -
2018
30,305
 -1.18% -
2017
30,668
 - -

Population of 40701 by Race and Ethnicity

How much has the race and ethnicity of the population in the 40701 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
95.6%
97.2%
 -1.65%
Black/African American
0.3%
0%
 0.00%
Native
0.2%
0.7%
 -71.43%
Hispanic
1.6%
0.9%
 +77.78%
Asian
0.1%
0.5%
 -80.00%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
2.2%
0.6%
 +266.67%
Other
0.1%
0%
 0.00%

This data can be very important for anybody studying the 40701 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 40701 by Age and Gender

We can also monitor the change of the age and gender in the 40701 zip code to track track trends in the population over time.

We can see how the population in 40701 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 40.3 +0.5% 38.1 +0.26% 42.8 +0.47%
2020 40.1 +0.25% 38 +2.98% 42.6 +1.43%
2019 40 +4.71% 36.9 +3.07% 42 +0.72%
2018 38.2 -1.8% 35.8 -3.76% 41.7 -0.71%
2017 38.9 - 37.2 - 42 -

The median age of the 40701 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 40701 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 2,379 +7.34% 1,945 -14.74% 2,545 1,660
10 to 19 2,314 -17.43% 1,364 +29.26% 1,921 1,803
20 to 29 1,746 +7.36% 1,780 -0.12% 1,875 1,758
30 to 39 1,808 -19.27% 2,247 -18.46% 1,466 1,847
40 to 49 1,924 +10.95% 1,759 +3.16% 2,137 1,800
50 to 59 1,717 +5.94% 1,943 +14.05% 1,794 2,207
60 to 69 2,029 -25.88% 2,040 -24.14% 1,550 1,552
70+ 1,461 +11.42% 2,212 +12.18% 1,623 2,482

Median Household Income

The latest median household income for the 40701 zip code is $46,738.00.

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 40701.

  • Under 25
    $33,894.00
  • 25 to 44
    $58,786.00
  • 45 to 64
    $54,534.00
  • 65 and over
    $32,752.00

Average Household Income

Whenever we ask what is the average household income in the 40701 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 40701, 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 40701 is currently $60,749.00.

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.

2.73% of households in 40701 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 40701 against other zip codes.

  • Less than $24,999
    26.76%
  • $25,000 to $49,999
    25.50%
  • $50,000 to $74,999
    17.05%
  • $75,000 to $99,999
    12.42%
  • $100,000 to $149,999
    12.79%
  • $150,000 to $199,999
    2.75%
  • $200,000 or more
    2.73%

Per Capita Income

The per capita income in 40701 is $23,477.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 40701 by the total population of 40701.

This is different from the average or mean income because it includes and accounts for all people living in the 40701 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 40701 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
    14.15%
  • Bachelor's degree
    19.68%
  • Some college or associate's degree
    10.16%
  • High school diploma or equivalent
    53.58%
  • Less than high school diploma
    2.43%

Employment

Employment rates are all based around the total population in 40701 that are over the age of 16.

Currently, the total population of the 40701 zip over the age of 16 is 23,373.

Of those people, a total of 50.10% 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 40701 is 47.20%.

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 40701 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 1,282 45.70% 15.70%
20 to 24 years 1,522 73.10% 11.00%
25 to 29 years 2,111 77.10% 5.30%
30 to 34 years 1,681 68.80% 11.30%
35 to 44 years 3,831 72.70% 4.10%
45 to 54 years 3,553 67.60% 2.00%
55 to 59 years 2,186 42.90% 1.20%
60 to 64 years 1,699 43.60% 2.70%
65 to 74 years 2,977 7.20% 5.60%
75 years and over 2,531 5.60% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 40701. 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 22,438 49.70% 5.50%
Black or African American 59 40.70% 0.00%
American Indian and Alaska Native 49 0.00% 0.00%
Asian 18 0.00% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 114 100.00% 18.40%
Two or more races 695 59.30% 0.00%
Hispanic or Latino 339 66.10% 9.40%
Not Hispanic or Latino 22,290 49.70% 5.50%

Occupations

In this section we can look at the most common occupations for people living in the 40701 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 40701 is 11,026, with median earnings of $35,594.00.

Women in 40701 are earning approximately 73.00% of the men's earnings.

Population Earnings
Total 11,026 $35,594.00
Male 5,794 $40,825.00
Female 5,232 $29,786.00

Occupations by Category

In the table below, we can break down the population and earnings for 40701 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 708 $41,919.00
Business and Financial 529 $50,793.00
Computer and Mathematical 189 $72,054.00
Architecture and Engineering 78 $38,214.00
Life, Physical, and Social Science 62 $0.00
Community and Social Service 459 $37,844.00
Legal 95 $46,844.00
Educational and Library 837 $38,792.00
Arts, Design, Entertainment, Sports, and Media 138 $23,636.00
Healthcare Practitioners 849 $66,798.00
Healthcare Support 373 $27,457.00
Firefighters and Protective Service 161 $26,935.00
Law Enforcement 140 $19,028.00
Food Preparation and Serving 528 $10,000.00
Building and Grounds Cleaning 324 $19,688.00
Personal Care and Service 174 $10,833.00
Sales 1,130 $36,516.00
Office and Administrative Support 1,073 $29,538.00
Farming, Fishing, and Forestry 28 $21,786.00
Construction and Extraction 349 $55,043.00
Installation, Maintenance, and Repair 327 $42,250.00
Production 991 $37,332.00
Transportation and Material Moving 556 $53,250.00

Occupations by Gender

Now we can also look at the occupations by category for 40701 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 40701.

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 293 $60,515.00 415 $36,442.00
Business and Financial 339 $51,921.00 190 $45,870.00
Computer and Mathematical 92 $95,833.00 97 $19,974.00
Architecture and Engineering 78 $38,214.00 0 $0.00
Life, Physical, and Social Science 0 $0.00 62 $0.00
Community and Social Service 86 $51,042.00 373 $36,676.00
Legal 31 $0.00 64 $45,875.00
Educational and Library 144 $56,250.00 693 $36,982.00
Arts, Design, Entertainment, Sports, and Media 43 $31,161.00 95 $14,923.00
Healthcare Practitioners 171 $93,153.00 678 $65,587.00
Healthcare Support 36 $0.00 337 $27,026.00
Firefighters and Protective Service 157 $27,003.00 4 $0.00
Law Enforcement 140 $19,028.00 0 $0.00
Food Preparation and Serving 214 $14,943.00 314 $3,711.00
Building and Grounds Cleaning 254 $23,105.00 70 $11,522.00
Personal Care and Service 46 $14,143.00 128 $6,143.00
Sales 625 $48,655.00 505 $19,274.00
Office and Administrative Support 252 $40,993.00 821 $28,482.00
Farming, Fishing, and Forestry 28 $21,786.00 0 $0.00
Construction and Extraction 349 $55,043.00 0 $0.00
Installation, Maintenance, and Repair 327 $42,250.00 0 $0.00
Production 863 $37,215.00 128 $38,333.00
Transportation and Material Moving 472 $54,300.00 84 $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 11,302 households in 40701, with an average household size of 2.62 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 7,747 families living in the 40701 zip code with an average family size of 3.2 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 40701:

Married Male Female Nonfamily
Total Households 5,987 455 1,305 3,555
Average Household Size 3.29 3.69 3.23 1.12
Total Families 5,987 455 1,305 0
Average Household Size 3.24 3.29 2.97 0

Poverty

Of the 7,747 families living in 40701, 15.30% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 40701:

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 13,211 housing units in 40701.

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

Total Percentage
Occupied 11,302 85.55%
Vacant 1,909 14.45%

24.13% of the total 13,211 housing units in 40701 are rental units. This is approximately 3,188 properties.

For owner-occupied housing units, a total of 7,491 are occupied by the owner - or 56.70% of the total.

Rental Rates

The median rent for a property in 40701 is $656.00.

In the chart below, we can look at the number of rental properties in 40701 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
    623
  • Less than $500
    907
  • $500 to $999
    2,090
  • $1,000 to $1,499
    132
  • $1,500 to $1,999
    59
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Value

The median value of a property in 40701 is $139,600.00.

Just like with rental rates, we can look at the number of properties in 40701 that fall into a particular value range.

  • Less than $50,000
    1,181
  • $50,000 to $99,999
    1,344
  • $100,000 to $149,999
    1,436
  • $150,000 to $199,999
    1,660
  • $200,000 to $299,999
    1,348
  • $300,000 to $499,999
    323
  • $500,000 to $999,999
    150
  • $1,000,000 or more
    49

Property Age

We can also look at the age of properties in 40701. The chart below shows the number of properties in 40701 that fall into a particular age range.

  • 1939 or earlier
    547
  • 1940 to 1949
    495
  • 1950 to 1959
    724
  • 1960 to 1969
    812
  • 1970 to 1979
    2,753
  • 1980 to 1989
    1,753
  • 1990 to 1999
    2,833
  • 2000 to 2009
    2,082
  • 2010 to 2013
    1,195
  • 2014 or later
    17

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 40701 that have a particular number of vehicles available.

  • No vehicles available
    950
  • 1 vehicle available
    3,614
  • 2 vehicles available
    4,164
  • 3 or more vehicles available
    2,574

Commuting to Work

In this section, we can also look at how people in 40701 get to work. The chart below shows the number of people in 40701 that commute to work in a particular way.

21.8 minutes is the average travel time to work for people in 40701.

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
    569
  • 5 to 9 minutes
    1,249
  • 10 to 14 minutes
    1,816
  • 15 to 19 minutes
    1,988
  • 20 to 24 minutes
    1,666
  • 25 to 29 minutes
    619
  • 30 to 34 minutes
    1,362
  • 35 to 39 minutes
    177
  • 40 to 44 minutes
    145
  • 45 to 59 minutes
    202
  • 60 to 89 minutes
    362
  • 90 or more minutes
    323

Summary

We've covered a LOT of demographic and population data for 40701 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 40701

If you want to see how the population and demographics of 40701 compare to other zip codes in Kentucky, check out the list of all Kentucky zip codes below: