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Demographics
Population
Median Income
Racial Distributions
The zip code 40071 in Elk Creek, Kentucky, is classified as a "Low Diversity" community as of 2022. The white population comprises 93% of the total, meeting the criteria for one racial group dominating with over 75% of the population. The area has experienced population growth from 14,250 in 2010 to 16,261 in 2022. Economically, the median income has increased from $73,210 in 2013 to $84,583 in 2022, indicating economic growth.
From 2013 to 2022, Elk Creek has maintained its "Low Diversity" status. The white population has remained dominant, fluctuating between 93-95% of the total population. Minor increases in diversity are observed: the Hispanic population grew from 1% to 2%, the Black population increased from 1% to 2%, the Asian population fluctuated between 0-1%, and the "Two or More Races" category consistently represented 1-2% of the population. These changes suggest a slow trend towards increased diversity, though not sufficient to alter the community's overall categorization.
The median income in Elk Creek has shown an overall upward trend with fluctuations. From 2013 to 2021, there was a 28% increase from $73,210 to $93,899. However, 2022 saw a decrease to $84,583. Despite this recent decline, the overall trend indicates economic growth. The population has grown consistently, increasing by about 14% from 2013 to 2022. This growth, combined with rising incomes, suggests an economically attractive area that may experience gradual diversification.
The racial composition of Elk Creek is less diverse than the national average. In 2022, the U.S. Census Bureau reported that the white population comprised about 59% of the national population, compared to 93% in this zip code. The median household income in Elk Creek ($84,583 in 2022) is higher than the national median of approximately $70,784 in 2021, indicating greater affluence. The population growth rate of about 14% over a decade exceeds the national average of 7.4% from 2010 to 2020.
Elk Creek remains a "Low Diversity" community with subtle signs of increasing diversity. The area's economic prosperity and steady population growth may contribute to gradual demographic changes. However, the shift towards increased diversity is occurring at a slower pace compared to national trends. The community's high median income and population growth suggest it is an attractive area, which could potentially lead to more significant demographic changes in the long term if these trends persist.