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Demographics
Population
Median Income
Racial Distributions
Zip code 40383 in Versailles, Kentucky, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The racial composition indicates that 85% of the population identifies as white, surpassing the 75% threshold for low diversity. The area has experienced consistent population growth over the past decade, increasing from 22,167 in 2010 to 24,453 in 2022. The median income has shown an overall upward trend, reaching $75,124 in 2022.
Throughout the analyzed period (2013-2022), the zip code has maintained its status as a "Low Diversity" area with a "White Majority." The white population has remained stable, fluctuating between 85% and 87%. Subtle shifts in demographics include a gradual increase in the Hispanic population from 5% in 2013 to 7% in 2022, and a tripling of the "Two or More Races" category from 1% in 2013 to 3% in 2022. The Black population has remained relatively stable at 4-5% throughout the decade, while Asian and Other Races categories have consistently shown very low percentages.
The median income in the zip code has demonstrated an overall positive trend, increasing from $66,434 in 2013 to $75,124 in 2022, representing a 13% growth over the decade. This economic growth correlates with the steady population increase. A significant jump in median income to $80,069 occurred in 2021, followed by a decrease to $75,124 in 2022. The consistent economic growth alongside subtle increases in diversity may indicate that the area is becoming more attractive to a wider range of residents.
The demographic makeup of this zip code differs significantly from national averages. The U.S. as a whole is generally more diverse, with non-Hispanic whites making up about 60% of the population as of the 2020 census. The high percentage of white residents (85%) in this zip code indicates that it is significantly less diverse than the national average.
The steady population growth and increasing median income suggest that the area is economically healthy and attractive to new residents. However, the slow pace of diversification might indicate that there are factors limiting the influx of more diverse populations.
Zip code 40383 in Versailles, Kentucky, remains a "Low Diversity" area with a strong "White Majority." Subtle demographic shifts and consistent economic growth suggest the potential for increased diversity in the future. The community appears to be in the early stages of a transition, though significant changes in racial composition are likely to occur slowly over an extended period if current trends continue.