Midway, KY 40347 ZIP Code Profile

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Midway, KY
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ZIP Code 40347: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Midway, KY 40347

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 137
  • Single Family Addresses: 723
  • Multi-Family Addresses: 23
  • County: Woodford County
  • Centroid: Latitude 38.144, Longitude -84.695
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

ZIP Code 40347 has segments in 3 Counties (Franklin, Scott, Woodford).


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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40347 ZIP Code Map

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Midway, KY 40347 Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 2,982
Population in Households 2,829
Population in Familes 2,325
Population in Group Qrtrs 153
Population Density1 88
Diversity Index2 29
 

HOUSEHOLDS

Total Households 1,126
Average Household Size 2.51
Family Households 758
Average Family Size 3

HOUSING

Total Housing Units 1,268 (100%)
Owner Occupied HU 776 (61.2%)
Renter Occupied HU 350 (27.6%)
Vacant Housing Units 142 (11.2%)
Median Home Value $225,333
Average Home Value $289,079
 

INCOME

Median Household Income $58,667
Average Household Income $77,744
Per Capita Income $30,357
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.47% 0.69%
Households 0.33% 0.6%
Families 0.15% 0.5%
Median Household Income   2.32%
Per Capita Income   1.96%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Midway, KY 40347 - Peer Comparisons by Rank and Percentile

The table below compares 40347 to the other 755 ZIP Codes in Kentucky by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 273 64th
Population Density1 # 259 66th
Diversity Index2 # 89 88th
Median Household Income # 55 93rd
Per Capita Income # 46 94th

Additional comparisons and rankings can be made with a VERY EASY TO USE Kentucky Census Data Comparison Tool.