40403 Zip Code

April 19, 2024

Zip Code:	40403
City/Town:	Berea
State:	Kentucky

Population:	23,774
Per Capita Income:	$18,415
Mean Household Income:	$48,885

Total Housing Units:	9,147
Median Home Value:	$86,500
Median Year Homes Built:	1979

Land Area:	114.3 sq miles 295.9 sq kilometers
Water Area:	0.6 sq miles 1.6 sq kilometers

Population Information (40403 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

23,774

Male:

11,455

48.2%

49.2%

Female:

12,319

51.8%

50.8%

Median Age:

36.8 yrs

37.2 yrs

Under 5 years:

1,516

6.4%

6.5%

5 to 9 years:

1,631

7.4%

6.6%

10 to 19 years:

3,427

14.4%

13.8%

20 to 29 years:

3,146

13.2%

13.8%

30 to 39 years:

3,250

13.7%

13.0%

40 to 49 years:

3,397

14.3%

14.2%

50 to 59 years:

3,055

12.9%

13.6%

60 to 69 years:

2,388

10.0%

9.4%

70 to 79 years:

1,216

5.1%

5.4%

80 years and over:

748

3.1%

3.7%

Housing Information (40403 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$86,500

$119,600

Median year homes build:

1979

1971

Median real estate taxes:

$530 / yr.

$1,334 / yr.

Median rent:

$362 / mo.

$519 / mo.

Total households:

9,147

Family households:

6,532

71.4%

66.4%

Nonfamily households:

2,615

28.6%

33.6%

Households with individuals under 18 years:

3,305

36.1%

33.4%

Households with individuals 65 years and over:

2,089

22.8%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

10,048

Occupied housing units:

9,147

91.0%

88.6%

Vacant housing units:

901

9.0%

11.4%

For rent:

236

2.3%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

164

1.6%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.8%

3.5%

All other vacants:

381

3.8%

2.8%

Homeowner vacancy rate:

2.5%

2.4%

Rental vacancy rate:

7.5%

9.2%

Owner-occupied housing units:

6,253

Population in owner-occupied housing units:

15,993

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

2,894

Population in renter-occupied housing units:

7,088

Average household size of renter-occupied units:

2.5

2.44

Educational Attainment (40403 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

12,879

Less than 9th grade:

1,919

14.9%

6.2%

9th to 12th grade, no diploma:

1,647

12.8%

8.7%

High school graduate (includes equivalency):

4,147

32.2%

29.0%

Some college, no degree:

2,231

17.3%

20.6%

Associate degree:

557

4.3%

7.5%

Bachelor's degree:

1,512

11.7%

17.6%

Graduate or professional degree:

866

6.7%

10.3%

Percent high school graduate or higher:

72.3%

85.0%

Percent bachelor's degree or higher:

18.5%

27.9%

Income Information (40403 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

7,207

30.3%

50.4%

Median income:

$22,337 / yr.

$27,932 / yr.

Full-time, year-round workers:

3,798

16.0%

59.7%

Median income:

$31,529 / yr.

$38,349 / yr.

Females 15 years and over with income:

7,607

32.0%

49.6%

Median income:

$12,193 / yr.

$16,327 / yr.

Full-time, year-round workers:

2,530

10.6%

40.3%

Median income:

$22,373 / yr.

$28,135 / yr.

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