40050 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 40050 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateKentucky
CityNew Castle
Time ZoneAmerica/New_York
Geo Location38.4459, -85.19007
Population1823
Size25.162 square miles
Median Family Income$70000.00
Median Home Value$124700.00

Population & Demographics

The following information lists the population statistics and breakdown for the 40050 zip code. The total population is 1823, of which, 820 are male and 1003 are female. With a total area of 25.162 square miles, the population density is 55.6 people per square mile. The median age of the population is 42.3 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
20111674
20121644
20131593
20141828
20151726
20161777
20171666
20181796
20191399
20201460
20211823

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 1106%
Age 5-9633.5%
Age 10-141689.2%
Age 15-191387.6%
Age 20-24854.7
Age 25-291749.5%
Age 30-341045.7%
Age 35-39382.1%
Age 40-4469 3.8%
Age 45-49784.3%
Age 50-54985.4%
Age 55-591096%
Age 60-6424313.3%
Age 65-69874.8%
Age 70-74894.9%
Age 75-79462.5%
Age 80-84341.9%
Age 85 and over904.9%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 1.2 %
  • Speaks Spanish: 0.8 %
  • Speaks Other Indo-European Language: 0.4 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 43.9 %
  • Divorced: 10.4 %
  • Separated (not divorced): 2.2 %
  • Never Married: 27 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 40050 zip code is $70000. This is -54.02% less than the national average. This income places 19.4% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $11451. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0012
$10,000.00 – $14,999.000
$15,000.00 – $24,999.0039
$25,000.00 – $34,999.009
$35,000.00 – $49,999.0075
$50,000.00 – $74,999.0079
$75,000.00 – $99,999.0048
$100,000.00 – $149,999.00107
$150,000.00 – $199,999,0050
$200,000.00 +3

YearMedian Family Income ($ USD)
201143382
201245096
201341856
201441944
201545625
201641645
201745729
201850078
201953750
202051029
202170000

Income Source# of Households
Wage or Salary408
Self Employment103
Social Security260
Dividends, Interest, or Rental91
Retirement291
Other54

Total Insured & Uninsured Individuals: 
  • Families Insure: 1605
  • Families Uninsured: 149
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 291
  • No retirement income: 421

Education

In the 40050 zip code, 74.7% of individuals over 25 years old have a high school degree or higher, and 21% have a bachelors degree or higher. Additionally, 8.1% of individuals 3 years and older are in private school, and 91.9% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 40050 zip, there are an estimated 759 people in the labor force, of which, 740 are employed, and 19 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 26 minutes. Of the total people that work, 16 worked from home and 740 commuted. The average number of hours worked is 43.9. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts199
Services245
Sales and Office73
Construction and Maintenance:91
Transportation and Material Moving132





Housing

The median home value for the 40050 zip code is 124700. There is an estimated  712 number of occupied housing units, the median gross rent in is $717 per month, and the average monthly housing costs are estimated to be $685. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00014
$50,000 – $99,000210
$100,000 – $149,99996
$150,000 – $199,99973
$200,000 – $299,99964
$300,000 – $499,99963
$500,000 – $999,9998
$1,000,000+1

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201934
2000 – 200979
1980 – 1999187
1960 – 1979302
1940 – 195956
1939 or earlier54

The median number of rooms in all housing units is 6 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50062
$500 – $99971
$1,000 – $1,4995
$1,500 – $1,9999
$2,000 – $2,49911
$2,499 – $2,9999
$3,000 + 2

Monthly Housing Costs ($)Number of Households
Less than 30069
300-499215
500-799108
800-999114
1000-149972
1500-199948
2000-249911
2500-299959
3000+2

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%187
20%-24.9%65
25%-29.9%18
30%-34.9%2
35+%21



# of VehiclesHouseholds
None52
1254
2206
3+200
Home Heating Characteristics: 
  • Utility Gas: 24 %
  • Bottle Tank or LP Gas: 8.6 %
  • Electricity: 66 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 1.1 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.