Zip Code
40823
City
Cumberland, KY
Population & Migration
What is the forecasted population for Zip code 40823 Cumberland, KY?
- Population census 2020
- 3,719
- Forecasted population 2025
- 3,857
- 0.04% vs. 2020
- Forecasted population 2030
- 3,633
- -0.02% vs. 2020
Zip code 40823 Cumberland, KY population is forecasted to decrease 0.04% by 2025 (-1.0 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 3,857 people for 2025 zip code 40823 Cumberland, KY will generate a good demand for housing, which is expected to have an excess of -46 houses for 2030. Vacancy rate is 5.8 points above national US average.
- Total homes available 2020
- 1,998
- Estimated total home demand in 2030
- 1,951
- Total homes balance inventory
- -46
Average Household Income in zip code 40823 Cumberland, KY
from Internal Revenue Service
- Average household income in 2021
- $42,802
Affordability
- Affordability Index
- 1
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 40823 Cumberland, KY?
County total number of drinking water violations
72
-70%
244
County total number of drinking water contaminations
7
-71%
24
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