40923 Zip Code (KY) Detailed Profile

Estimated zip code population in 2022: 626
Zip code population in 2010: 735
Zip code population in 2000: 890

Houses and condos: 267
Renter-occupied apartments: 44
March 2022 cost of living index in zip code 40923: 79.5 (low, U.S. average is 100)

Land area: 4.0 sq. mi.
Water area: 0.0 sq. mi.

Population density: 156 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $952 (1.0%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $507 (0.4%)

For population 25 years and over in 40923:

• High school or higher: 61.0%
• Bachelor's degree or higher: 13.8%
• Graduate or professional degree: 5.2%
• Unemployed: 9.8%
• Mean travel time to work (commute): 22.7 minutes

For population 15 years and over in 40923:

• Never married: 19.6%
• Now married: 68.5%
• Separated: 1.8%
• Widowed: 2.8%
• Divorced: 7.4%

100% rural population.

Averages for the 2020 tax year for zip code 40923, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $31,279 (Individual Income Tax Returns)

Here:	$31,279
State:	$61,342

Salary/wage: $31,554 (reported on 72.7% of returns)

Here:	$31,554
State:	$50,827

(% of AGI for various income ranges: 875.7% for AGIs below $25k, 3193.8% for AGIs $25k-50k, 3302.5% for AGIs $50k-75k)

Taxable interest for individuals: $267 (reported on 9.1% of returns)

This zip code:	$267
Kentucky:	$1,441

(% of AGI for various income ranges: 10.0% for AGIs $25k-50k)

Profit/loss from business: +$7,800 (reported on 21.2% of returns)

Here:	+$7,800
State:	+$11,386

(% of AGI for various income ranges: 390.0% for AGIs below $25k)

Earned income credit: $2,877 (reported on 39.4% of returns)

Here:	$2,877
State:	$2,336

(% of AGI for various income ranges: 190.0% for AGIs below $25k, 135.0% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 93.9%

Here:	94%
State:	94%

(% for various income ranges: 94.4% for AGIs below $25k, 88.9% for AGIs $25k-50k, 100.0% for AGIs $50k-75k, 100.0% for AGIs $75k-100k)

Averages for the 2012 tax year for zip code 40923, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $31,007 (Individual Income Tax Returns)

Here:	$31,007
State:	$50,814

Salary/wage: $28,971 (reported on 82.8% of returns)

Here:	$28,971
State:	$42,723

(% of AGI for various income ranges: 66.3% for AGIs below $25k, 82.1% for AGIs $25k-50k, 81.2% for AGIs $50k-75k, 79.0% for AGIs $75k-100k)

Taxable interest for individuals: $67 (reported on 10.3% of returns)

This zip code:	$67
Kentucky:	$1,381

Profit/loss from business: +$8,962 (reported on 27.6% of returns)

Here:	+$8,962
State:	+$10,862

Total itemized deductions: $13,050 (24% of AGI, reported on 13.8% of returns)

Here:	$13,050
State:	$21,160

Here:	23.7% of AGI
State:	20.0% of AGI

Charity contributions: $2,200 (reported on 10.3% of returns)

Here:	$2,200
State:	$4,303

Taxes paid: $3,675 (reported on 13.8% of returns)

40923:	$3,675
State:	$8,496

Earned income credit: $3,308 (reported on 41.4% of returns)

Here:	$3,308
State:	$2,273

(% of AGI for various income ranges: 15.2% for AGIs below $25k, 2.7% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 82.8%

Here:	83%
State:	60%

(% for various income ranges: 76.5% for AGIs below $25k, 85.7% for AGIs $25k-50k, 100.0% for AGIs $50k-75k, 100.0% for AGIs $75k-100k)

Averages for the 2004 tax year for zip code 40923, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $22,428 (Individual Income Tax Returns)

Here:	$22,428
State:	$41,540

Salary/wage: $22,568 (reported on 84.9% of returns)

Here:	$22,568
State:	$36,432

(% of AGI for various income ranges: 68.8% for AGIs below $10k, 83.1% for AGIs $10k-25k, 89.5% for AGIs $25k-50k, 86.2% for AGIs $50k-75k)

Taxable interest for individuals: $261 (reported on 16.5% of returns)

This zip code:	$261
Kentucky:	$1,571

Taxable dividends: $91 (reported on 4.0% of returns)

Here:	$91
State:	$3,453

Profit/loss from business: +$5,123 (reported on 20.5% of returns)

Here:	+$5,123
State:	+$9,233

Total itemized deductions: $12,304 (21% of AGI, reported on 8.3% of returns)

Here:	$12,304
State:	$17,474

Here:	21.3% of AGI
State:	21.0% of AGI

Charity contributions deductions: $1,500 (2% of AGI, reported on 5.0% of returns)

Here:	$1,500
State:	$3,494

Here:	2.5% of AGI
State:	4.0% of AGI

Total tax: $1,972 (reported on 64.4% of returns)

40923:	$1,972
State:	$6,162

(% of AGI for various income ranges: 5.0% for AGIs below $10k, 3.1% for AGIs $10k-25k, 5.7% for AGIs $25k-50k, 7.8% for AGIs $50k-75k)

Earned income credit: $2,045 (reported on 39.6% of returns)

Here:	$2,045
State:	$1,723

Percentage of individuals using paid preparers for their 2004 taxes: 79.9%

Here:	80%
State:	66%

(% for various income ranges: 75.8% for AGIs below $10k, 80.6% for AGIs $10k-25k, 81.2% for AGIs $25k-50k, 86.7% for AGIs $50k-75k)

Nearest zip codes: 40949, 40953, 40915, 40943, 40906, 40946.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 72
Household did not receive Food Stamps/SNAP in the past 12 months: 156

Women who did not have a birth in the past 12 months: 118 (78 now married, 40 unmarried)

Housing units in zip code 40923 with a mortgage: 57
Houses without a mortgage: 30

Median monthly owner costs for units with a mortgage: $620
Median monthly owner costs for units without a mortgage: $487

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 40923 household income distribution in 2022

• 29Less than $10,000
• 22$10,000 to $14,999
• 18$15,000 to $19,999
• 9$20,000 to $24,999
• 23$25,000 to $29,999
• 10$30,000 to $34,999
• 10$35,000 to $39,999
• 24$40,000 to $44,999
• 33$50,000 to $59,999
• 26$60,000 to $74,999
• 23$75,000 to $99,999

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 40923

• 6$25,000 to $29,999
• 14$40,000 to $49,999
• 28$50,000 to $59,999
• 9$80,000 to $89,999
• 12$90,000 to $99,999
• 10$100,000 to $124,999
• 42$125,000 to $149,999
• 13$250,000 to $299,999
• 11$500,000 to $749,999

• Rent paid by renters in 2022 in zip code 40923

• 10Less than $100
• 9$200 to $249
• 26No cash rent

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $149,889

Estimated median house or condo value in 2022: $110,128 Lower value quartile - upper value quartile: $60,141 - $154,298

Mean price in 2022:

Detached houses: $86,821

Here:	$86,821
State:	$256,452

Mobile homes: $120,713

Here:	$120,713
State:	$84,635

Housing units in structures:

• One, detached: 191
• Mobile homes: 73

Unemployment: 9.8%

• Means of transportation to work in zip code 40923

• 63.6%96Drove a car alone
• 17.9%27Carpooled
• 21.8%33Worked at home

• Travel time to work (commute) in zip code 40923

• 25Less than 5 minutes
• 125 to 9 minutes
• 2410 to 14 minutes
• 1815 to 19 minutes
• 925 to 29 minutes
• 1830 to 34 minutes
• 1045 to 59 minutes

Percentage of zip code residents living and working in this county: 86.1%

Household type by relationship:

Households: 626

• Male householders: 94 (0 living alone), Female householders: 135 (31 living alone)

• 129 spouses (129 opposite-sex spouses), 27 unmarried partners, (27 opposite-sex unmarried partners), 165 children (166 natural, 0 adopted, 0 stepchildren), 42 grandchildren, 10 brothers or sisters, 0 parents, 22 foster children, 0 other relatives, 0 non-relatives

Size of family households: 97 2-persons, 54 3-persons, 35 4-persons, 9 7-or-more-persons

Size of nonfamily households: 30 1-person

76 married couples with children.
53 single-parent households (26 men, 27 women).

100.4% of residents of 40923 zip code speak English at home.

Facilities with environmental interests located in this zip code:

• BELL,T C, INC (511-B SOUTH MAIN ST in CANNON, KY)

  AIR MINOR (AIRS/AFS)
  

Housing units lacking complete plumbing facilities: 7.1%
Housing units lacking complete kitchen facilities: 7.1%

Population in 1990: 2,396.

Place of birth for U.S.-born residents:

• This state: 569
• Midwest: 37
• South: 12

72% of the 40923 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 70% lived in this county.
   Out of people who lived in different counties, 50% lived in Kentucky.

96% of the 40923 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 95% moved from this county.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 34
Students in private undergraduate colleges: 8

Top industries in this zip code by the number of employees in 2005:

• Health Care and Social Assistance: Child Day Care Services (10-19 employees: 1 establishment)
• Construction: Plumbing, Heating, and Air-Conditioning Contractors (1-4: 1)
• Construction: Residential Remodelers (1-4: 1)
• Construction: Masonry Contractors (1-4: 1)

Most common first names in zip code 40923 among deceased individuals
Name	Count	Lived (average)
James	4	68.0 years
Mattie	4	76.0 years
Anna	3	80.0 years
Homer	3	64.7 years
Grover	3	83.0 years
Gladys	3	60.3 years
Mary	3	70.0 years
Paul	3	62.7 years
Cora	2	79.5 years
Betty	2	69.4 years

Most common last names in zip code 40923 among deceased individuals
Last name	Count	Lived (average)
Jackson	17	77.5 years
Garland	10	60.0 years
Broughton	8	64.6 years
Jordan	6	70.5 years
Willis	6	78.3 years
Smith	5	77.8 years
Mills	5	84.2 years
Tuttle	4	58.3 years
Bingham	3	63.0 years
Disney	3	72.3 years