ZIP Code 30040: Population, Income, Housing

State: GA
Total population: 82,532 Household income: $137,211 Rent: $2,075

Overview

Total population
82,532
Rent
$2,075
Year built
2005
Household income
$137,211
Per capita income
$55,882
Poverty rate
5%
Unemployment rate
N/A
Household size
3.0 persons
Rent over 30% of income
48.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
Georgia
County
Forsyth County
City
Cumming
Total population
82,532
Adults over 25
54,865
Total households
27,727
Household size
3.0 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$137,211
Per capita income
$55,882
Poverty rate
5%
Unemployment rate
N/A
Rent over 30% of income
48.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$2,075
Year built
2005
Households that rent
15.9%
Households that own
84.1%
Rooms per home (all homes)
7.5

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
67.3%
Black
3.3%
Asian
14.2%
Two or more races
11.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
11.3%
Not Hispanic or Latino
88.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
29,306 (69.3%)
Commute time to work
30 mins
Work from home
12,970 (30.7%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
21.9%
High school graduate or GED
14.8%
Some college or associate degree
7.3%
Bachelor’s degree or higher
56%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 


Comparison of ZIP Code 30040 with: Forsyth County, GA Atlanta metro area, GA Georgia United States

ZIP 30040

Total population82,532
Rent$2,075
Year built2005
Household income$137,211
Per capita income$55,882
Poverty rate5%
Unemployment rateN/A

Forsyth County, GA

Total population267,287
Rent$2,090
Year built2004
Household income$143,784
Per capita income$58,249
Poverty rate4.3%
Unemployment rate2.5%

Atlanta Metro Area, GA

Total population6,256,377
Rent$1,672
Year built1994
Household income$89,724
Per capita income$46,309
Poverty rate11%
Unemployment rate3.4%

Georgia State

Total population10,940,407
Rent$1,393
Year built1992
Household income$77,353
Per capita income$40,924
Poverty rate13.4%
Unemployment rate3.5%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric ZIP30040 CountyForsyth, GAMetro AreaAtlanta metro area, GAStateGeorgiaCountryUnited States
Total population82,532267,2876,256,37710,940,407334,922,499
Rent$2,075$2,090$1,672$1,393$1,413
Year built20052004199419921980
Household income$137,211$143,784$89,724$77,353$80,734
Per capita income$55,882$58,249$46,309$40,924$44,673
Poverty rate5%4.3%11%13.4%12.5%
Unemployment rateN/A2.5%3.4%3.5%4%

View the full multi-level comparison →

 

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Summary for 30040

Rent & Income

In 30040, the typical monthly rent is $2,075 and the typical household income is $137,211. Rent here is higher than Georgia, and household income is higher than Georgia. The estimated poverty rate is 5%.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 15.9% of households. About 48.7% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is very high, with about 56% of adults holding a bachelor’s degree or higher.


 

ZIP 30040 — Rent vs Household Income

 


 

ZIP 30040 — Poverty

 


 

How ZIP 30040 compares in Georgia (136 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $2,075 131 / 136 from lower rent $860 – $2,369
Household income $137,211 9 / 136 from higher income $36,111 – $176,957
Poverty rate 5% 11 / 136 from lower poverty 1.9% – 31.9%

Rankings are calculated among ZIP Codes in Georgia with total population > 30,000 (year 2024).

 

Detailed Ranking Explanation for ZIP Code 30040

Rent

When it comes to rent, ZIP Code 30040 ranks 131st out of 136 ZIP Codes in Georgia. Statewide, values range from $860 in ZIP 30705 up to $2,369 in ZIP 30045.

Household income

Income-wise, this area is placed 9th out of 136 ZIP Codes. Across Georgia, figures vary from $36,111 in ZIP 31601 up to $176,957 in ZIP 30005.

Poverty rate

When it comes to poverty, ZIP Code 30040 places 11th out of 136 ZIP Codes. Throughout Georgia, numbers span from 1.9% in ZIP 30005 up to 31.9% in ZIP 31705.

 


💰 Rent in ZIP Code 30040 (with Utilities)

Estimated Monthly Rent: $2,075 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.


👨‍👧‍👦 Household Income in ZIP Code 30040

Annual Household Income: $137,211

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.


📉 Poverty Rate in ZIP Code 30040

Estimated Rate: 5%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.


🏘️ Renter vs. Owner Households in ZIP Code 30040

In ZIP Code 30040, households that rent: 4,415 (15.9%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 4,415 15.9%
Owner-Occupied 23,312 84.1%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.


📉 Renters Spending Over 30% of Income on Rent in ZIP Code 30040

In ZIP Code 30040, cost-burdened renters (households spending over 30% of income on housing): 2,152 (48.7%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 2,152 48.7%
Other renter households 2,263 51.3%
Total renter households 4,415 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.


📊 Education Levels in ZIP Code 30040

Less than High School: 12,027 people (21.9%)

Includes adults who did not complete high school.

High School Graduate or GED: 8,128 people (14.8%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 4,013 people (7.3%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 30,697 people (56%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 54,865


 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.