ZIP Code 40223
ZIP / ZCTAPopulation: 23,264
ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — 40223
- What is the median household income in 40223?
- The median household income in 40223 is $97,033 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 40223?
- The poverty rate in 40223 is 4.9% (U.S. Census Bureau ACS 2023).
- What is the median home value in 40223?
- $343,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in 40223?
- The median gross rent in 40223 is $1,431 per month (U.S. Census Bureau ACS 2023).
- What percentage of 40223 residents have a college degree?
- 57.7% of adults in 40223 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
23,264
Median Income
$97,033
Median Home Value
$343,600
Poverty Rate
4.9%
Unemployment (ACS 2023)
4.2%
Median Age
42.0 yrs
Since 2019
Median Income:
+$12,587 (+14.9%)
Home Value:
+$81,700 (+31.2%)
Poverty Rate:
+2.3 pp (+88.5%)
Bachelor's+:
+1.4 pp (+2.5%)
Unemployment:
+1.1 pp (+35.5%)
Demographics
Total Population
23,264
Median Age
42.0
Female
50.6%
Race & Ethnicity
Hispanic or Latino 4.0%
White (non-Hisp.) 82.5%
Black 7.6%
Asian 3.2%
Two or More 3.6%
Other 1.2%
Asian Subgroups (% of total pop.)
Indian
2.1%
Chinese
0.5%
Filipino
0.2%
Korean
0.2%
Vietnamese
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
1.2%
Cuban
0.7%
Puerto Rican
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$97,033
±$8,107
Per Capita Income
$136,433
Median Family Income
$123,151
Poverty Rate
4.9%
Child Poverty Rate
5.2%
Working-Age Poverty Rate
—
SNAP Recipients
3.7%
Social Security Income
—
Retirement Income
30.9%
Household Income Distribution
< $10k
4.3%
$10–15k
1.4%
$15–25k
3.6%
$25–35k
4.7%
$35–50k
7.8%
$50–75k
16.0%
$75–100k
13.8%
$100–150k
20.1%
$150–200k
11.1%
$200k+
17.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
10,387
Owner-Occupied
72.3%
Renter-Occupied
27.7%
Vacancy Rate
4.5%
Median Home Value
$343,600
Median Gross Rent
$1,431
Owner Cost Burden (30%+)
15.5%
Renter Cost Burden (30%+)
28.3%
Home Value Distribution
< $50k
1.0%
$50–100k
0.3%
$100–200k
3.5%
$200–300k
23.4%
$300–500k
44.4%
$500k–$1M
13.6%
$1M+
3.3%
Gross Rent Distribution
$500–1k
5.4%
$1–1.5k
54.4%
$1.5–2k
34.2%
$2–2.5k
4.0%
$2.5–3.5k
1.9%
$3.5k+
0.2%
Vehicle Availability
No vehicle
2.8%
1 vehicle
34.5%
2 vehicles
46.2%
3+
16.5%
Housing Type
Single-fam. det.
62.2%
Single-fam. att.
11.3%
2–4 units
0.7%
5–19 units
8.9%
20+ units
3.8%
Housing Age
Pre-1940
1.5%
1940–1969
1.2%
1970–1999
26.1%
2000–2009
7.0%
2010+
7.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.5%
Bachelor's or Higher
57.7%
Graduate Degree
29.1%
Some College / Associate
18.2%
Less Than High School
1.1%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
64.5%
Unemployment Rate
4.2%
Work from Home
19.7%
Self-Employed
5.2%
Government Workers
10.7%
Private For-Profit
83.9%
Industry
Edu/Health
26.8%
Prof. Services
13.6%
Finance
10.8%
Manufacturing
9.3%
Retail
8.6%
Arts/Entmt.
8.0%
Construction
5.4%
Transportation
4.6%
Wholesale
3.2%
Public Admin
3.0%
Information
1.8%
Agriculture
0.6%
Occupation
Management
59.5%
Sales
20.1%
Food Prep
9.5%
Production
7.5%
Construction
3.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
20.9 min
Drove Alone
69.8%
Carpool
7.4%
Public Transit
0.0%
Work from Home
19.7%
Walked
1.7%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
9,920
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
54.1%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
21.3%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.1%
5–9
6.8%
10–14
7.4%
15–19
4.9%
20–24
3.4%
25–34
11.2%
35–44
15.4%
45–54
12.0%
55–64
5.6%
65–74
6.6%
75–84
13.8%
85+
5.9%
Under 18: 23.0%
Working age (18–64): 77.0%
65 and over: 21.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
6.0%
Naturalized Citizen
37.0%
Speaks English Less Than Very Well
1.5%
Foreign-Born Origin
Asia
43.8%
Latin America
37.8%
Europe
8.7%
Africa
6.5%
Veterans & Disability
Veteran
7.5%
With a Disability
10.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.1%
Uninsured
3.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
96.9%
Has a Computer
97.9%
Same House 1 Year Ago
87.7%
Moved from Abroad
1.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023