42408 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Hopkins County
Centroid: Latitude 37.19, Longitude -87.687
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 42408 has segments in 3 Counties (Caldwell, Christian, Hopkins).

Businesses Addresses: 122
PO Box Addresses: 132
Residential Addresses: 2,740

Multi-Family Addresses: 107
Single Family Addresses: 2,633

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.

Dawson Springs, KY 42408 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	6,556 (100%)
Population in Households	6,430 (98.1%)
Population in Families	5,327 (81.3%)
Population in Group Quarters¹	126 ( 1.9%)
Population Density	48
Diversity Index²	10


INCOME
Median Household Income	$39,408
Average Household Income	$52,093
% of Income for Mortgage⁴	8%
Per Capita Income	$21,016
Wealth Index⁵	45

HOUSING
Total HU (Housing Units)	3,155 (100%)
Owner Occupied HU	1,925 (61.0%)
Renter Occupied HU	716 (22.7%)
Vacant Housing Units	514 (16.3%)
Median Home Value	$77,748
Average Home Value	$100,610
Housing Affordability Index³	307

HOUSEHOLDS
Total Households	2,641
Average Household Size	2.43
Family Households	1,837
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races 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.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Dawson Springs, KY 42408 - Peer Comparisons by Rank and Percentile

The table below compares 42408 to the other 752 ZIP Codes in Kentucky by rank and percentile using July 1, 2020 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.43%	-0.61%
Households	-0.4%	-0.59%
Families	-0.58%	-0.7%
Median Household Income		0.81%
Per Capita Income		1.27%
Owner Occupied HU		-0.64%

Variable Description	Rank	Percentile
Total Population	# 174	77th
Population Density	# 446	41st
Median Household Income	# 401	47th
Housing Affordability Index	# 612	81st
Per Capita Income	# 404	46th
Diversity Index	# 367	51st

Dawson Springs, KY 42408 ZIP Code Profile

ZIP Code 42408: Basic Data & USPS Preferred City Name

Dawson Springs, KY 42408 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Dawson Springs, KY 42408 - Peer Comparisons by Rank and Percentile

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