ZIP Code 40403
standardSource:
Berea · Madison County · Kentucky
- Population
- 23,774
- Median income
- $61,771
- Median home value
- $200,200
- Bachelor's or higher
- 26.8%
- Land area
- 296.1 sq mi
80/sq mi
▼ 19% vs US
higher than 32% of US ZIPs
▼ 28% vs US
higher than 43% of US ZIPs
Median age 37.6
New York
ZIP code 40403 in Berea, Kentucky has a population of 23,774. The median household income is $61,771, which is 19% below the national average. Median home value is $200,200, 28% below the US average. 26.8% of residents hold a bachelor's degree or higher.
ZIP code 40403 is classified by USPS as a standard delivery area and covers roughly 296.1 square miles in Berea, Madison County, Kentucky. The area is home to 23,774 residents, producing a population density of 80 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 40403 against Kentucky and the nation.
On the economic side, the median household income for ZIP 40403 sits at $61,771 (4% above the Kentucky average), while per-capita income is $29,472. The poverty rate stands at 16.9% and the unemployment rate at 3.1%. On housing, the median home value is $200,200 (26% above the state average) with median rent at $834 per month, and 71.4% of occupied units are owner-occupied, a direct signal of whether 40403 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 26.8% of adults hold a bachelor's degree or higher, the median age is 37.6, and the average commute is 25 minutes. We also surface 2 nearby ZIP codes within roughly 10 miles and 4 additional ZIPs sharing Madison County, so you can benchmark 40403 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 40403
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 40403.
- Retail trade
Retail trade
72 establishments
- Health care and social assistance
Health care and social assistance
70 establishments
- Other services (except public administration)
Other services (except public administration)
51 establishments
- Construction
Construction
47 establishments
- Accommodation and food services
Accommodation and food services
47 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 40403, Berea, KY · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
23,774
Population
296.1
Area (sq mi)
80
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 40403?
37.6
Median Age
49.7%
Male
50.3%
Female
1.6%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$61,771
Median Household Income
+4% vs state
$29,472
Per Capita Income
16.9%
Poverty Rate
3.1%
Unemployment Rate
24.6 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
11,355
Total Housing Units
10,414
Occupied Units
941
Vacant Units
2.62
Avg Household Size
Occupancy Type
$200,200
Median Home Value
+26% vs state
$834
Median Rent
1993
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+8.6%
YoY Change (2024)
236
HPI Index (2000 = 100)
+136%
Total Change Since 2000
Home values in ZIP 40403 have increased 8.6% over the past year (2024). Since 2000, this ZIP has seen +136% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.9% | 160 |
| 2021 | +11.9% | 179 |
| 2022 | +15.6% | 207 |
| 2023 | +5.3% | 218 |
| 2024 | +8.6% | 236 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 435 business establishments in ZIP 40403, employing approximately 6,076 people with a combined annual payroll of $269,367,000.
435
Businesses
6,076
Employees
$269.4M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 72 | 16.6% |
| Health care and social assistance | 70 | 16.1% |
| Other services (except public administration) | 51 | 11.7% |
| Construction | 47 | 10.8% |
| Accommodation and food services | 47 | 10.8% |
| Finance and insurance | 30 | 6.9% |
| Professional, scientific, and technical services | 26 | 6.0% |
| Manufacturing | 20 | 4.6% |
| Administrative and support and waste management and remediation services | 19 | 4.4% |
| Real estate and rental and leasing | 15 | 3.5% |
| Information | 11 | 2.5% |
| Educational services | 8 | 1.8% |
| Transportation and warehousing | 7 | 1.6% |
| Arts, entertainment, and recreation | 6 | 1.4% |
| Wholesale trade | 4 | 0.9% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 40403 vs 40404 →
More ZIP Codes in Madison County
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Frequently Asked Questions
What county is ZIP code 40403 in? ▼
What is the population of ZIP code 40403? ▼
What is the median household income in ZIP 40403? ▼
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How many businesses are in ZIP code 40403? ▼
What are the main industries in ZIP code 40403? ▼
How have home values changed in ZIP code 40403? ▼
What is the education level in ZIP code 40403? ▼
What is the average commute time in ZIP 40403? ▼
What percentage of residents own vs. rent in ZIP 40403? ▼
What is the poverty rate in ZIP code 40403? ▼
ZIP Code Research Guides
Official Data Resources for Berea, KY
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.