40502 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 40502 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateKentucky
CityLexington
Time ZoneAmerica/New_York
Geo Location38.01387, -84.48207
Population26996
Size18.649 square miles
Median Family Income$127530.00
Median Home Value$398200.00

Population & Demographics

The following information lists the population statistics and breakdown for the 40502 zip code. The total population is 26996, of which, 13342 are male and 13654 are female. With a total area of 18.649 square miles, the population density is 1462.2 people per square mile. The median age of the population is 38.6 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201126375
201226508
201326931
201426660
201526335
201626410
201726699
201826797
201927269
202027343
202126996

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 13134.9%
Age 5-911874.4%
Age 10-1410864%
Age 15-1912574.7%
Age 20-24320411.9
Age 25-2925079.3%
Age 30-3417036.3%
Age 35-3917726.6%
Age 40-441258 4.7%
Age 45-4913875.1%
Age 50-5412934.8%
Age 55-5914835.5%
Age 60-6418616.9%
Age 65-6916506.1%
Age 70-7418026.7%
Age 75-797342.7%
Age 80-848013%
Age 85 and over6982.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 10.2 %
  • Speaks Spanish: 3.7 %
  • Speaks Other Indo-European Language: 4.3 %
  • Speaks Pacific Island Languages: 1 %
  • Speak Other Languages: 1.2 %
Marital Status: 
  • Currently Married: 48.2 %
  • Divorced: 9.7 %
  • Separated (not divorced): 0.8 %
  • Never Married: 35.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 40502 zip code is $127530. This is 6.58% greater than the national average. This income places 11.3% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $45362. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0079
$10,000.00 – $14,999.0060
$15,000.00 – $24,999.00271
$25,000.00 – $34,999.00340
$35,000.00 – $49,999.00199
$50,000.00 – $74,999.00877
$75,000.00 – $99,999.00606
$100,000.00 – $149,999.001180
$150,000.00 – $199,999,001020
$200,000.00 +1769

YearMedian Family Income ($ USD)
201193376
201299679
201398278
201492966
201596183
201697034
2017103996
2018109781
2019121814
2020128802
2021127530

Income Source# of Households
Wage or Salary9717
Self Employment1814
Social Security3894
Dividends, Interest, or Rental4723
Retirement2790
Other1177

Total Insured & Uninsured Individuals: 
  • Families Insure: 25410
  • Families Uninsured: 1501
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 2790
  • No retirement income: 10076

Education

In the 40502 zip code, 97% of individuals over 25 years old have a high school degree or higher, and 65.1% have a bachelors degree or higher. Additionally, 23.3% of individuals 3 years and older are in private school, and 76.7% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 40502 zip, there are an estimated 15100 people in the labor force, of which, 14395 are employed, and 705 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 18.6 minutes. Of the total people that work, 1647 worked from home and 14038 commuted. The average number of hours worked is 38.2. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts8415
Services1913
Sales and Office2501
Construction and Maintenance:399
Transportation and Material Moving1167





Housing

The median home value for the 40502 zip code is 398200. There is an estimated  12866 number of occupied housing units, the median gross rent in is $942 per month, and the average monthly housing costs are estimated to be $1079. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00056
$50,000 – $99,000165
$100,000 – $149,999480
$150,000 – $199,999466
$200,000 – $299,9991100
$300,000 – $499,9992869
$500,000 – $999,9992050
$1,000,000+288

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019270
2000 – 2009299
1980 – 19992171
1960 – 19794946
1940 – 19593019
1939 or earlier2161

The median number of rooms in all housing units is 6.1 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500115
$500 – $9992987
$1,000 – $1,4991459
$1,500 – $1,999479
$2,000 – $2,499175
$2,499 – $2,99954
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300217
300-499610
500-7992927
800-9992111
1000-14992957
1500-19991324
2000-2499898
2500-2999504
3000+1195

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%2700
20%-24.9%660
25%-29.9%254
30%-34.9%166
35+%616



# of VehiclesHouseholds
None508
14973
25135
3+2250
Home Heating Characteristics: 
  • Utility Gas: 59.5 %
  • Bottle Tank or LP Gas: 0.9 %
  • Electricity: 38.3 %
  • Oil or Kerosene etc: 0.3 %
  • Coal or Coke: 0 %
  • All Other: 0.8 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.