ZIP Code 40403 — Berea city, KY Demographics & Data

ZIP code 40403 covers Berea, KY in Madison County with a population of about 26,733.

At a glance, the area shows median age of 37.6 (near the U.S. median).

It sits in telephone area code 859; U.S. House district KY-6; the LEXINGTON media market.

Berea, KY sits in a university / college context (near berea college (1.1 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 40403 is about $60,105 — about 20% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 17.6%; unemployment rate near 3.0%; 26.1% of adults with a bachelor’s degree or higher (about 7.6 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Manufacturing, and Retail trade; about 9.3% of workers reporting work-from-home (about 5.9 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $180,800 — about 48% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $661 (about 43% below the U.S. median rent ($1,163)), and owner-occupancy near 70.2% (about 4.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 40403 in Berea, KY, a household would need roughly $50,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,161. That sits below the local median household income ($60,105), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Berea city, KY as Relatively Low (composite score 74.8), which is elevated versus much of the country. The strongest component scores on US5 are flood (76.0) and wildfire (52.0). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Berea city, KY show little to no average snow.

IRS migration statistics show a net inflow of about 998 for ZIP 40403 (Berea city, KY) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.