ZIP Code 41553 — Phelps CDP, KY Demographics & Data

ZIP code 41553 covers Phelps, KY in Pike County with a population of about 2,324.

At a glance, the area shows median age of 39.0 (near the U.S. median).

It sits in telephone area code 606; U.S. House district KY-5; the CHARLESTON - HUNTINGTON media market.

Median household income in ZIP 41553 is about $44,250 — about 41% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 11.7%; unemployment rate near 21.5%; 18.7% of adults with a bachelor’s degree or higher (about 15.0 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Education, Manufacturing, and Retail trade; a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $113,900 — about 67% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 94.5% (about 29.1 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 41553 in Phelps, KY, a household would need roughly $31,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $732. That sits below the local median household income ($44,250), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Phelps CDP, KY as Relatively Moderate (composite score 87.9), which is elevated versus much of the country. The strongest component scores on US5 are flood (94.0) and wildfire (90.1). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Phelps CDP, KY show little to no average snow and around 46.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 87 for ZIP 41553 (Phelps CDP, KY) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.