Corbin, KY — Demographics & Statistics
ZIP code 40701 serves a portion of Corbin, Kentucky, within Whitley County. This community is home to approximately 29,251 residents, with a median age of 36.4 years. The median household income of $52,881 sits below the national median of $67,521, while median home values of $375,455 are above the national average of $301,500. The area has a renter-majority housing profile, with 24% owner-occupied and 76% renter-occupied units. Cost of living in this part of Corbin is higher than the national baseline, with an index of 103 (100 = national average). With a college-education rate of 60% and an unemployment rate of 6.2%, 40701 reflects the economic character of Whitley County in Kentucky.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 29,251 | — |
| Population | Density (per sq mi) | 9,907 | — |
| Economics | Median Household Income | $52,881 | ↓ 22% vs nat'l avg |
| Economics | Median Home Value | $375,455 | ↑ 25% vs nat'l avg |
| Economics | Cost of Living Index | 103 | ↑ Higher than avg |
| Economics | Unemployment Rate | 6.2% | ↑ 59% vs nat'l avg |
| Economics | Below Poverty Line | 22.3% | ↑ 96% vs nat'l avg |
| Education | College Educated (25+) | 60% | ↑ 71% vs nat'l avg |
| Demographics | Median Age | 36.4 yrs | ↓ 5% vs nat'l avg |
| Housing | Owner-Occupied | 24% | — |
| Housing | Renter-Occupied | 76% | — |
| Housing | Total Housing Units | 11,992 | — |