ZIP code 40351

ZIP 40351 is a mid-size town in Rowan County, Kentucky, with 22,338 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #67 of 779 ranked by population — larger than 91% of them. The median age here is 30.7 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in ZIP 40351 earn a median of $51,110 a year, 34.9% below the national figure of $78,538. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 26.7% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in ZIP 40351 is valued at $163,000, 46.3% below the national figure, while median gross rent runs $775 a month, 44.9% below the national figure, or roughly $9,300 across a full year. A household on the local median income would put about 18.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.2×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 62.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

ZIP 40351 is tabulated inside Rowan County, Kentucky, one of 2 ZIP areas the Census publishes for that county and 779 across Kentucky. This is a mid-sized ZIP that covers a large share of its county's addresses. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 40351 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 40351 reports a median household income of $51,110, 11% below the $57,633 county median, and 5% below the $53,906 typical KY ZIP. Owner-occupied homes are valued at a median of $163,000, 17% above the county figure and 25% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $775 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

Kentucky charges 6% statewide, and no local sales tax is layered on top, so the state rate is the full amount collected in 40351.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 40351 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.