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Demographic Analysis of Zip Code 40243: Predominantly White Population with Low Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 40243 in Middletown, Kentucky, is classified as having "Low Diversity" as of 2022. The population is predominantly white, with 87% of residents identifying as such. The current median income is $82,027, indicating an upper-middle-class economic status.
Over the past decade, this zip code has maintained its "Low Diversity" status. The white population has remained the dominant racial group, with percentages ranging from 83% to 87%. Minor changes in racial composition include a slight increase in the Asian population from 2% in 2013 to 4% in 2022, while the Black population has remained stable at around 5-6%. The Hispanic population has consistently been around 2-3%, and the percentage of individuals identifying as two or more races has increased from 1% in 2013 to 2% in 2022.
The median income in this zip code has shown an overall upward trend. In 2013, the median income was $73,150, peaking in 2019 at $85,192, and standing at $82,027 as of 2022. This represents an overall increase of about 12% over the decade, outpacing inflation and suggesting improving economic conditions for residents.
The population has grown from 9,299 in 2013 to 10,804 in 2022, an increase of about 16%. This population growth, coupled with rising incomes, suggests that the area has become increasingly attractive to new residents.
The persistent "Low Diversity" status of this zip code contrasts with national trends towards increasing diversity in many urban and suburban areas. The median income of $82,027 is significantly higher than the national median household income, which was about $70,784 in 2021. The population growth rate of 16% over a decade is higher than the national average, which was about 7.4% from 2010 to 2020.
In conclusion, zip code 40243 in Middletown, Kentucky, has maintained its status as a predominantly white, upper-middle-class area with low diversity. The area has experienced steady economic growth and population increase, suggesting it remains an attractive location for residents. However, the pace of demographic change is slow compared to national trends towards increased diversity in many areas.
