40351 Zip Code

May 6, 2024

Zip Code:	40351
City/Town:	Morehead
State:	Kentucky

Population:	20,329
Per Capita Income:	$16,868
Mean Household Income:	$44,949

Total Housing Units:	7,582
Median Home Value:	$81,500
Median Year Homes Built:	1978

Land Area:	247.4 sq miles 640.6 sq kilometers
Water Area:	5.8 sq miles 14.9 sq kilometers

Population Information (40351 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

20,329

Male:

9,886

48.6%

49.2%

Female:

10,443

51.4%

50.8%

Median Age:

31.4 yrs

37.2 yrs

Under 5 years:

1,161

5.7%

6.5%

5 to 9 years:

1,000

11.1%

6.6%

10 to 19 years:

3,349

16.5%

13.8%

20 to 29 years:

4,317

21.2%

13.8%

30 to 39 years:

2,208

10.9%

13.0%

40 to 49 years:

2,444

12.0%

14.2%

50 to 59 years:

2,341

11.5%

13.6%

60 to 69 years:

1,816

8.9%

9.4%

70 to 79 years:

1,119

5.5%

5.4%

80 years and over:

574

2.8%

3.7%

Housing Information (40351 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$81,500

$119,600

Median year homes build:

1978

1971

Median real estate taxes:

$433 / yr.

$1,334 / yr.

Median rent:

$339 / mo.

$519 / mo.

Total households:

7,582

Family households:

4,728

62.4%

66.4%

Nonfamily households:

2,854

37.6%

33.6%

Households with individuals under 18 years:

2,252

29.7%

33.4%

Households with individuals 65 years and over:

1,843

24.3%

24.9%

Average household size:

2.4

Average family size:

2.9

Total housing units:

8,618

Occupied housing units:

7,582

88.0%

88.6%

Vacant housing units:

1,036

12.0%

11.4%

For rent:

267

3.1%

Rented, not occupied:

0.2%

For sale only:

119

1.4%

Sold, not occupied:

0.6%

0.3%

For seasonal, recreational, or occasional use:

188

2.2%

3.5%

All other vacants:

394

4.6%

2.8%

Homeowner vacancy rate:

2.3%

2.4%

Rental vacancy rate:

9.6%

9.2%

Owner-occupied housing units:

5,074

Population in owner-occupied housing units:

12,487

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

2,508

Population in renter-occupied housing units:

5,410

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (40351 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

11,316

Less than 9th grade:

1,822

16.1%

6.2%

9th to 12th grade, no diploma:

1,433

12.7%

8.7%

High school graduate (includes equivalency):

3,365

29.7%

29.0%

Some college, no degree:

1,774

15.7%

20.6%

Associate degree:

511

4.5%

7.5%

Bachelor's degree:

1,137

10.0%

17.6%

Graduate or professional degree:

1,274

11.3%

10.3%

Percent high school graduate or higher:

71.2%

85.0%

Percent bachelor's degree or higher:

21.3%

27.9%

Income Information (40351 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

7,326

36.0%

50.4%

Median income:

$15,835 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,681

13.2%

59.7%

Median income:

$27,927 / yr.

$38,349 / yr.

Females 15 years and over with income:

7,319

36.0%

49.6%

Median income:

$9,644 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,932

9.5%

40.3%

Median income:

$21,250 / yr.

$28,135 / yr.

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