| ZIP Code | 41603 |
|---|---|
| City | Banner |
| State | Kentucky (KY) |
| County | Floyd County |
| Area Code | 606 |
| Elevation | 999 ft |
| Latitude | 37.571497 |
|---|---|
| Longitude | -82.704621 |
| Timezone | New York (DST) |
| FIPS | 21071 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 31.9 yrs ↓ 33% since 2019 |
|---|---|
| Avg Household Size | 2.44 |
| Below Poverty | 20.2% ▲ 102% above avg |
| College Grads | 26.3% ▼ 32% below avg |
| Unemployment | 1.5% ▼ 70% below avg |
| No HS Diploma | 15 (1.4%) |
| HS Graduate | 289 (27.4%) |
| Some College | 59 (5.6%) |
| Associates | 415 (39.3%) |
| Bachelors | 168 (15.9%) |
| Graduate Degree | 109 (10.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $56,218 ▼ 26% below avg ↑ 127% since 2019 |
|---|---|
| Median Home Value | $204,100 ▼ 27% below avg ↑ 219% since 2019 |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $953/mo ↑ 19% since 2019 |
| Total Units | 959 |
| Vacant Units | 279 |
| Avg HH Size | 2.44 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 959 |
|---|---|
| Vacant | 279 |
| Owner Occupied | 53.4% |
| Renter Occupied | 46.6% |
| Avg HH Size | 2.44 |
ZIP code 41603 is located in Banner, Kentucky, within Floyd County. With a population of 1,661, this is a sparsely populated ZIP code with a relatively young community — the median age is 31.9 years. Economically, 41603 is a solidly middle-class ZIP code: the median household income of $56,218 is below the national average.
Real estate in ZIP code 41603 represents an affordable housing market. The median home value of $204,100 is below the national average. Renters can expect to pay around $953 per month in median rent. The area has a relatively balanced mix of owners (53.4%) and renters (46.6%). Median home values have increased by 219% since 2019.
The population of 41603 is primarily White (94.22%). Residents are moderately educated — 26.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 20.2%. Household income has grown by 127% since 2019.
The unemployment rate in 41603 stands at 1.5%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 90%.
Overall, ZIP code 41603 in Banner, KY is characterized as solidly middle-class, moderately educated, and a relatively young community. With 1,661 residents, a median household income of $56,218, and a median home value of $204,100, it offers a clear picture of life in this part of Kentucky.