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Demographic Analysis of Zip Code 40108: Predominantly White Population and Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 40108 in Doe Valley, Kentucky, is categorized as having Low Diversity as of 2022. The area has a white population of 92%, a total population of 10,955, and a median income of $72,310. These figures suggest a relatively affluent suburban or rural community.
Over the past decade, this zip code has maintained its status as a Low Diversity area. The white population has remained above 90% from 2013 to 2022, with minor fluctuations. There are subtle signs of a gradual increase in diversity, with the Hispanic population increasing from 1% in 2019 to 3% in 2022, and the percentage of residents identifying as two or more races growing from 1% in 2013 to 3% in 2022.
The area has experienced steady economic growth over the past decade. Median income has increased from $58,241 in 2013 to $72,310 in 2022, representing a 24% growth over nine years. Population has also grown from 10,226 in 2013 to 10,955 in 2022, an increase of about 7%.
The consistent increase in median income suggests that the area is becoming more affluent. This economic growth appears to be occurring in parallel with the very slight increase in diversity, potentially indicating that the area is attracting a small number of diverse, higher-income residents.
The persistently high percentage of white residents (92% in 2022) is significantly above the national average, which was about 60% non-Hispanic white as of the 2020 census. The median household income of $72,310 in 2022 is higher than the national median, which was around $70,784 in 2021. This suggests that Doe Valley is a relatively affluent area compared to the national average.
The population growth of 7% over nine years is moderate and generally in line with typical suburban growth rates. However, the economic growth outpaces the population growth, indicating rising prosperity among existing residents rather than solely through an influx of new, higher-income residents.
While Doe Valley remains a Low Diversity area with a strong white majority, there are subtle indications of very gradual diversification. The area has experienced significant economic growth over the past decade, with rising incomes and a stable, slightly growing population. These trends suggest a community that is prospering economically while maintaining its demographic character, with only small steps towards increased diversity.
