Berea, KY · standard
ZIP Code 40403
Madison County, Kentucky - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 23,774
- 80/sq mi Moderate-density area
- $61,771
- Median income Below-median income area
- $200,200
- Median home value Near-median home value
- 26.8%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Berea pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 32nd pct
- household income, US ZIPs
- 43rd pct
- home value, US ZIPs
- 80
- people per sq mi
- 71%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 40403 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 40403 (Berea, KY) rose +8.6% from 2023 to 2024. The all-transactions index moved from 217.6 in 2023 to 236.2 in 2024 (2000 = 100).
ZIP code 40403 is a densely settled ZIP (a standard USPS delivery area) in Berea, Madison County, Kentucky, with 23,774 residents across 296.1 square miles, a density of 80 people per square mile, in the New York time zone.
ZIP 40403 reports a modest median household income of $61,771 (4% above the average Kentucky ZIP), while per-capita income is $29,472. The poverty rate is 16.9%, with unemployment at 3.1%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $200,200 (26% above the average Kentucky ZIP), while 71.4% of occupied homes are owner-occupied and median rent is $834.
Educational attainment sits below the national norm: 26.8% of adults hold a bachelor's degree or higher, the median age is 37.6, and the average commute is 25 minutes. The page also surfaces 2 ZIP codes within roughly 10 miles and 4 more in Madison County, so 40403 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 40403
Top 5 sectors by establishment count in Berea, KY
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$29,472
Per Capita Income
16.9%
Poverty Rate
3.1%
Unemployment Rate
24.6 min
Mean Commute Time
How ZIP 40403 ranks among Kentucky ZIPs
Berea, KY household income vs. every Kentucky ZIP code
Median household income among 646 reporting Kentucky ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$61,771 Top 39% higher than 61% of 646 Kentucky ZIPs
Each bar is a $20K-wide band; taller bars hold more Kentucky ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
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?
Housing stock: occupied vs vacant
11,355housing units
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 ZIP avg
$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 →
ZIP 40403 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 40403
Berea (40403)
23,774 residents
- 40461 3,121
Paint Lick (40461)
3,121 residents
- 40404 643
Berea (40404)
643 residents
What this shows Among its immediate neighbors, ZIP 40403 ranks the most populous - useful context the national average alone can't give.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 40403, both outside KY so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (23,774 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Madison County
Related Areas
Frequently Asked Questions
What county is ZIP code 40403 in?
ZIP code 40403 (Berea) is located in Madison County, Kentucky. Madison County contains multiple ZIP codes, see the full list at /counties/madison-ky.
What is the population of ZIP code 40403?
ZIP code 40403 in Berea, KY has a population of 23,774 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40403?
The median household income in ZIP 40403 is $61,771, which is 19% below the national average of $76,288.
What is the average home value in ZIP 40403?
The median home value in ZIP 40403 is $200,200, which is 28% below the national average of $278,155.
What is the demographic makeup of ZIP 40403?
The largest racial group in ZIP 40403 is White at 92.3%. Hispanic or Latino residents make up 4.5% of the population.
How many businesses are in ZIP code 40403?
ZIP code 40403 has 435 business establishments employing approximately 6,076 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40403?
The top industries by establishment count in ZIP 40403 are: Retail trade (72), Health care and social assistance (70), Other services (except public administration) (51). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 40403?
According to the FHFA House Price Index, home values in ZIP 40403 increased by 8.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 136%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 40403?
In ZIP code 40403, 58.5% of residents aged 25+ have a high school diploma or higher, and 26.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 40403?
The mean commute time for workers in ZIP code 40403 is 24.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 40403?
In ZIP code 40403, approximately 71.4% of occupied housing units are owner-occupied and 28.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40403?
The poverty rate in ZIP code 40403 is 16.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 40403's numbers, next.
- See how ZIP 40403 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Berea, KY ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.