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Zip Code 40050 - Population, Income & Demographics

Popular Secions:

πŸ’° Income         | πŸͺ™ Poverty

🚻 Age & Sex    | 🀝 Race

πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦ Households  | πŸ—£οΈ Language  | πŸŽ“ Education

πŸ’Ό Employment | 🏭 Industry     | 🏠 Housing

🌍 State: KY - Kentucky

🏑 City: New Castle

πŸ—ΊοΈ County: Henry County

⏰ Timezone: America/New_York

☎️ Area Codes: 502

Income

The median income of households in 40050 was $45,528. An estimated 19.7% of households had income below $10,000 a year and 0.4% had income of $200,000 or more.

Household Income in 40050 in 2019-2023

View Data Table ↓

Percent
Less than $10,000 19.7
$10,000 to $14,999 4.1
$15,000 to $24,999 7.2
$25,000 to $34,999 10
$35,000 to $49,999 17.1
$50,000 to $74,999 8.7
$75,000 to $99,999 7.6
$100,000 to $149,999 18.1
$150,000 to $199,999 7
$200,000 or more 0.4

Median Earnings for Full-Time Year-Round Workers by Sex in 40050 in 2019-2023

View Data Table ↓

Dollars
Male 47553
Female 56250

An estimated 57.8% of households received earnings. An estimated 26.2% of households received Social Security and an estimated 41.1 % of households received retirement income other than Social Security. The average income from Social Security was $18,217. These income sources are not mutually exclusive; that is, some households received income from more than one source.

Proportion of Households with Various Income Sources in 40050 in 2019-2023

View Data Table ↓

Percent
Earnings 57.8
Social Security 26.2
Retirement income 41.1
Supplemental Security Income (SSI) 8.8
Cash public assistance income 0.5

Poverty and Participation in Government Programs

In 2019-2023, 17.1 % of people were in poverty. An estimated 6.1% of children under 18 were below the poverty level, compared with 16.3% of people 65 years old and over. An estimated 22.1% of people 18 to 64 years were below the poverty level.

Poverty Rates in 40050 in 2019-2023

View Data Table ↓

Percent
People in poverty 17.1
Children under 18 years below poverty 6.1
People 65 years old and over below poverty 16.3
People 18 to 64 years below poverty 22.1

In 2019-2023, 14.3 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 58.9% of households that received SNAP had children under 18, and 36.4% of households that received SNAP had one or more people 60 years and over. An estimated 20.6% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 40050 in 2019-2023, 90.4% had health insurance coverage and 9.6% did not have health insurance coverage. Private coverage was 62.1% and public coverage was 37.6%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 1.5%.


In 2019-2023, 40050 had a total population of 1,884 - 1,042 (55.3%) females and 842 (44.7%) males. The median age was 39.1 years. An estimated 25.5% of the population was under 18 years, 28.8% was 19 to 44 years, 27.2% was 45 to 64 years, and 17.1 % was 65 years and older.

Population by Age and Sex for 40050 in 2019-2023

Male Female
Under 5 77 39
5 to 9 21 65
10 to 14 66 92
15 to 19 120 26
20 to 24 53 14
25 to 29 111 75
30 to 34 68 76
35 to 39 35 25
40 to 44 27 59
45 to 49 27 24
50 to 54 33 48
55 to 59 5 88
60 to 64 104 184
65 to 69 32 46
70 to 74 39 39
75 to 79 13 21
80 to 84 5 45
85 and over 6 76

Hispanic Origin and Race

For people reporting one race alone, 93% were White; 2.2% were Black or African American; 0.1% were American Indian and Alaska Native; 0% were Asian; 3.9% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 0.7% reported Two or More Races. An estimated 0% of the people in 40050 were Hispanic or Latino. An estimated 0% of the people in 40050 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2019-2023, there were 747 households in 40050. The average household size was 2.4 people.

Married-couple households made up 35.1% of the households in 40050 while cohabiting couple households made up 4.7% of households. Female householders with no spouse or partner present were 46.5% of all households, while 13.8% of households had male householders with no spouse or partner present. Some households had one person, as 9% of households were male householders living alone, and 31.7% were female householders living alone, for a total of 40.7% of all households.

In 40050, 28.6% of all households had one or more people under the age of 18; 26.8% of all households had one or more people 65 years and over.

Types of Households in 40050 in 2019-2023

View Data Table ↓

Percent
Married-couple households 35.1
Cohabiting Couples 4.7
Male Householder
No spouse/partner present
13.8
Female Householder
No spouse/partner present
46.5

Marital Status

Among persons 15 and older, 41.7% of males and 37.2% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 44.4 16.7
Now married, except separated 41.7 37.2
Separated 0.6 0.9
Widowed 1.6 28.4
Divorced 11.7 16.8

Grandparents and Grandchildren

In 40050, 39 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 17.9% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2019-2023, an estimated 98.4% of the people living in 40050 were U.S. natives. 76.9% of the 40050 population were living in the state where they were born.

Approximately 1.6% of 40050 residents in 2019-2023 were foreign-born. 13.3% of foreign-born were naturalized U.S. citizens and an estimated 86.7 % entered the country before the year 2010.

Foreign-born residents of 40050 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2019-2023 for 40050.

Region of Birth for the Foreign-Born Population in 40050 in 2019-2023

View Data Table ↓

Percent
Latin America 10
Asia 76.7
Europe 10
Africa 0
Northern America 3.3
Oceania 0

Language

Among people at least five years old living in 40050 in 2019-2023, 4.6 % spoke a language other than English at home. Spanish was spoken by 1% of people at least five years old; 0.8% reported that they did not speak English "very well."

Percentage of the Population 5 years and over who Speak a Language other than English in 40050 in 2019-2023

View Data Table ↓

Percent
Spanish 1
Other Indo-European languages 0.3
Asian and Pacific Islander languages 3.2
Other languages 0

Geographic Mobility

In 2019-2023, 87.4 % of the people at least one year old living in 40050 were living in the same house one year earlier.

Geographic Mobility of Residents of 40050 in 2019-2023

View Data Table ↓

Percent
Same house 87.4
Different house, same county 3.9
Different county, same state 7.6
Different state 0.4
Abroad 0.7

Education

In 2019-2023, 78.8 % of people 25 years and over had at least graduated from high school and 25.6% had a bachelor's degree or higher. An estimated 21.3% did not complete high school.

The total school enrollment in 40050 was 420 in 2019-2023. Nursery school enrollment was 6 and kindergarten through 12th grade enrollment was 382. College or graduate school enrollment was 32.

Educational Attainment of People in 40050 in 2019-2023

View Data Table ↓

Percent
Less than high school diploma 21.3
High school diploma or equivalency 29.9
Some college, no degree 17.7
Associate's degree 5.6
Bachelor's degree 17.2
Graduate or professional degree 8.4

Disability

In 40050, among the civilian noninstitutionalized population in 2019-2023, 23.6 % reported a disability. The likelihood of having a disability varied by age - from 2.5% of people under 18 years old, to 26.8% of people 18 to 64 years old, and to 52.4% of those 65 and over.


Employment Status and Type of Employer

In 40050, 50.4 % of the population 16 and over were employed; 48.3% were not currently in the labor force.

An estimated 64.5% of the people employed were private wage and salary workers; 17.4% were federal, state, or local government workers; and 7.2 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 492 64.5
Federal, state, or local government workers 133 17.4
Self-employed workers in own not incorporated business 55 7.2

Industries

In 2019-2023, the civilian employed population 16 years and older in 40050 worked in the following industries:

Percent by Industry in 40050 in 2019-2023

View Data Table ↓

Percent
Agriculture, forestry, fishing and hunting, and mining 2.8
Construction 3.5
Manufacturing 18.9
Wholesale trade 2
Retail trade 9.4
Transportation and warehousing, and utilities 4.5
Information 0
Finance and insurance, and real estate and rental and leasing 1.6
Professional, scientific, and management, and administrative and waste management services 6
Educational services, and health care and social assistance 17.3
Arts, entertainment, and recreation, and accommodation, and food services 16.8
Other Services, except public administration 6.8
Public administration 10.5

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 40050 in 2019-2023

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 240 31.5
Service occupations 171 22.4
Sales and office occupations 116 15.2
Natural resources, construction, and maintenance occupations 103 13.5
Production, transportation, and material moving occupations 133 17.4

Commuting to Work

An estimated 80.9% of 40050 workers drove to work alone in 2019-2023, and 16.2% carpooled. Among those who commuted to work, it took them on average 27.3 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 40050 in 2019-2023

View Data Table ↓

Percent
Car, truck, van -- drove alone 80.9
Car, truck, van -- carpooled 16.2
Public transportation (excluding taxicab) 0
Walked 0.4
Other means 0
Worked from home 2.5

In 2019-2023, 40050 had a total of 831 housing units. Of these housing units, 78.5% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 18.1% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 3.5% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 40050 in 2019-2023

View Data Table ↓

Percent
Single-family houses 78.5
Apartments in multi-unit structures 18.1
Mobile homes 3.5
Boat, RV, van, etc 0

6% of the housing inventory was comprised of houses built since 2010, while 11.1% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 40050 was 6 rooms, and of these housing units 62.2% had three or more bedrooms.


In 2019-2023, 40050 had 747 housing units that were occupied or had people living in them, while the remaining 84 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 77.9% while renters occupied 22.1%. The average household size of owner-occupied houses was 2.57 and in renter-occupied houses it was 1.78.

9.1% of householders of these occupied houses had moved into their house since 2021, while 6.2% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 6% and another 19.3% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 40050:

House Heating Fuel Used in 40050 in 2019-2023

View Data Table ↓

Percent
Gas † 41.5
Electricity 55.4
Fuel oil, kerosene, etc 0.3
All other fuels 0.7
No fuel used 2.1

In 2019-2023, the median property value for owner-occupied houses in 40050 was $132,700.

Of the owner-occupied households, 56 % had a mortgage. 44% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $1,236 and for owners without a mortgage it was $384.

For renter-occupied houses, the median gross rent for 40050 was $707. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.