40503 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 40503 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 Location38.00468, -84.53422
Population28738
Size22.91 square miles
Median Family Income$93434.00
Median Home Value$222700.00

Population & Demographics

The following information lists the population statistics and breakdown for the 40503 zip code. The total population is 28738, of which, 13541 are male and 15197 are female. With a total area of 22.91 square miles, the population density is 1279.3 people per square mile. The median age of the population is 37.6 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
201127942
201228245
201327755
201428100
201528611
201628924
201729534
201829601
201929309
202028880
202128738

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 15155.3%
Age 5-916525.7%
Age 10-1413574.7%
Age 15-1917906.2%
Age 20-24302210.5
Age 25-2919816.9%
Age 30-3420357.1%
Age 35-3918356.4%
Age 40-441744 6.1%
Age 45-4917166%
Age 50-5415975.6%
Age 55-5917936.2%
Age 60-6418156.3%
Age 65-6916975.9%
Age 70-7412064.2%
Age 75-798152.8%
Age 80-846322.2%
Age 85 and over5361.9%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 12.8 %
  • Speaks Spanish: 3.5 %
  • Speaks Other Indo-European Language: 4.1 %
  • Speaks Pacific Island Languages: 3.5 %
  • Speak Other Languages: 1.6 %
Marital Status: 
  • Currently Married: 49.5 %
  • Divorced: 12.1 %
  • Separated (not divorced): 0.9 %
  • Never Married: 33.2 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 40503 zip code is $93434. This is 1.21% greater than the national average. This income places 10.9% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $29250. 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 $10,000.00218
$10,000.00 – $14,999.0035
$15,000.00 – $24,999.00266
$25,000.00 – $34,999.00426
$35,000.00 – $49,999.00718
$50,000.00 – $74,999.001397
$75,000.00 – $99,999.001076
$100,000.00 – $149,999.001698
$150,000.00 – $199,999,00724
$200,000.00 +894

YearMedian Family Income ($ USD)
201170545
201271902
201371366
201470889
201574906
201676227
201778386
201881356
201987725
202087539
202193434

Income Source# of Households
Wage or Salary9816
Self Employment1765
Social Security3528
Dividends, Interest, or Rental3284
Retirement3245
Other1437

Total Insured & Uninsured Individuals: 
  • Families Insure: 27181
  • Families Uninsured: 1557
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 3245
  • No retirement income: 9298

Education

In the 40503 zip code, 96% of individuals over 25 years old have a high school degree or higher, and 54.9% have a bachelors degree or higher. Additionally, 14.8% of individuals 3 years and older are in private school, and 85.2% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 40503 zip, there are an estimated 16081 people in the labor force, of which, 15514 are employed, and 567 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, 1434 worked from home and 15193 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 Arts8163
Services2288
Sales and Office2851
Construction and Maintenance:774
Transportation and Material Moving1438





Housing

The median home value for the 40503 zip code is 222700. There is an estimated  12543 number of occupied housing units, the median gross rent in is $987 per month, and the average monthly housing costs are estimated to be $1028. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00098
$50,000 – $99,000149
$100,000 – $149,999897
$150,000 – $199,9991924
$200,000 – $299,9993236
$300,000 – $499,9991526
$500,000 – $999,999166
$1,000,000+15

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019234
2000 – 2009884
1980 – 19992199
1960 – 19794759
1940 – 19593672
1939 or earlier795

The median number of rooms in all housing units is 6.1 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500160
$500 – $9992053
$1,000 – $1,4991550
$1,500 – $1,999462
$2,000 – $2,49985
$2,499 – $2,99913
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300260
300-4991355
500-7992629
800-9991683
1000-14993856
1500-19991766
2000-2499556
2500-2999124
3000+105

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%3032
20%-24.9%590
25%-29.9%531
30%-34.9%252
35+%608



# of VehiclesHouseholds
None590
14352
25194
3+2407
Home Heating Characteristics: 
  • Utility Gas: 59.1 %
  • Bottle Tank or LP Gas: 0.5 %
  • Electricity: 40.2 %
  • Oil or Kerosene etc: 0.1 %
  • Coal or Coke: 0 %
  • All Other: 0.2 %

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