Loading Content...
Demographic Analysis of Zip Code 40205: A Study of Racial Composition from 2013-2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 40205 in Louisville, Kentucky, is classified as having Low Diversity with a White Majority as of 2022. The area has a population of 25,660 and a median household income of $86,188, indicating an affluent suburban community. This zip code has maintained a consistent demographic profile over the past decade, with only minor fluctuations in its racial composition.
Throughout the 2013-2022 period, this zip code has consistently fallen under the Low Diversity category, with the white population comprising over 90% of the total. There has been no significant transition between diversity categories over this time. However, there are subtle shifts worth noting: The white population percentage has slightly decreased from 94% in 2013 to 92% in 2022. There has been a small but steady increase in the black population, from 1% in 2013 to 2% in 2022. The Hispanic population has also seen a slight increase, from 1% to 2% over the same period. The percentage of residents identifying as two or more races has grown from 1% in 2013 to 3% in 2022, indicating a gradual trend towards increased diversity. While these changes are minor, they could suggest the early stages of a Transitional Community, albeit at a very slow pace.
The median household income in this zip code has shown a general upward trend, increasing from $76,352 in 2013 to $86,188 in 2022, with a peak of $92,198 in 2021. This represents a 12.9% increase over the decade, outpacing inflation and suggesting growing affluence in the area. The population has also grown steadily, from 24,310 in 2013 to 25,660 in 2022, an increase of about 5.6%. This moderate population growth, combined with rising incomes, indicates a desirable and economically robust neighborhood. The correlation between demographic and economic trends suggests that as the area has become slightly more diverse, it has also become more prosperous. This could indicate that the small increases in minority populations are likely due to affluent minorities moving into the area, rather than significant socioeconomic changes affecting the existing population.
The demographic makeup of this zip code is significantly less diverse than the national average. As of 2020, the U.S. Census Bureau reported that the white population made up about 60% of the national population, compared to 93% in this zip code. The median household income of $86,188 in 2022 is considerably higher than the national median, which was around $70,784 in 2021. The slow pace of diversification in this zip code contrasts with national trends, which show more rapid increases in diversity across many urban and suburban areas.
In conclusion, while zip code 40205 in Louisville remains a predominantly white, affluent area with Low Diversity, there are small but noticeable trends towards increased diversity and economic growth. These changes, though subtle, may indicate the beginning of a long-term shift towards a more diverse community, albeit at a much slower pace than many other urban areas across the United States. The area's high incomes and steady population growth suggest it remains an attractive location, potentially drawing in a slowly diversifying but uniformly affluent population.
