40505 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 40505 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 Location38.05995, -84.45692
Population26081
Size20.672 square miles
Median Family Income$62848.00
Median Home Value$133700.00

Population & Demographics

The following information lists the population statistics and breakdown for the 40505 zip code. The total population is 26081, of which, 13367 are male and 12714 are female. With a total area of 20.672 square miles, the population density is 1265.1 people per square mile. The median age of the population is 40.6 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
201125279
201225849
201326212
201426783
201526476
201625850
201725750
201825426
201926152
202026399
202126081

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 12094.6%
Age 5-916546.3%
Age 10-1415395.9%
Age 15-1914655.6%
Age 20-2418647.1
Age 25-2916266.2%
Age 30-3415996.1%
Age 35-3918437.1%
Age 40-441779 6.8%
Age 45-4913855.3%
Age 50-5420207.7%
Age 55-5922958.8%
Age 60-6416586.4%
Age 65-6913785.3%
Age 70-7410914.2%
Age 75-797843%
Age 80-843971.5%
Age 85 and over4951.9%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 9.2 %
  • Speaks Spanish: 7.5 %
  • Speaks Other Indo-European Language: 0.6 %
  • Speaks Pacific Island Languages: 0.8 %
  • Speak Other Languages: 0.4 %
Marital Status: 
  • Currently Married: 37.2 %
  • Divorced: 19.2 %
  • Separated (not divorced): 2.4 %
  • Never Married: 33.8 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 40505 zip code is $62848. This is -31.57% less than the national average. This income places 21.6% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $20303. 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 $10,000.00321
$10,000.00 – $14,999.00314
$15,000.00 – $24,999.00503
$25,000.00 – $34,999.00630
$35,000.00 – $49,999.00773
$50,000.00 – $74,999.001111
$75,000.00 – $99,999.001072
$100,000.00 – $149,999.001099
$150,000.00 – $199,999,00178
$200,000.00 +86

YearMedian Family Income ($ USD)
201141839
201242436
201341795
201441336
201541590
201643626
201744871
201845441
201950049
202052829
202162848

Income Source# of Households
Wage or Salary7784
Self Employment1273
Social Security3998
Dividends, Interest, or Rental1390
Retirement2370
Other1187

Total Insured & Uninsured Individuals: 
  • Families Insure: 23456
  • Families Uninsured: 2623
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 2370
  • No retirement income: 8640

Education

In the 40505 zip code, 84.7% of individuals over 25 years old have a high school degree or higher, and 20% have a bachelors degree or higher. Additionally, 12% of individuals 3 years and older are in private school, and 88% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 40505 zip, there are an estimated 13372 people in the labor force, of which, 12579 are employed, and 791 are unemployed. There are a total of 2 people in the armed forces. The average commute time for this zip code is 20.7 minutes. Of the total people that work, 458 worked from home and 12309 commuted. The average number of hours worked is 38.5. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts3572
Services2923
Sales and Office2971
Construction and Maintenance:1041
Transportation and Material Moving2072





Housing

The median home value for the 40505 zip code is 133700. There is an estimated  11010 number of occupied housing units, the median gross rent in is $835 per month, and the average monthly housing costs are estimated to be $888. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000174
$50,000 – $99,0001072
$100,000 – $149,9992917
$150,000 – $199,9991425
$200,000 – $299,999669
$300,000 – $499,999205
$500,000 – $999,999100
$1,000,000+52

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019177
2000 – 2009530
1980 – 19991104
1960 – 19795153
1940 – 19592985
1939 or earlier1061

The median number of rooms in all housing units is 5.6 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500346
$500 – $9992430
$1,000 – $1,4991208
$1,500 – $1,999191
$2,000 – $2,49916
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300401
300-4991536
500-7992480
800-9992064
1000-14993675
1500-1999541
2000-249948
2500-29990
3000+60

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%2389
20%-24.9%501
25%-29.9%502
30%-34.9%315
35+%849



# of VehiclesHouseholds
None1281
13678
24231
3+1820
Home Heating Characteristics: 
  • Utility Gas: 66 %
  • Bottle Tank or LP Gas: 0.6 %
  • Electricity: 33 %
  • Oil or Kerosene etc: 0.1 %
  • Coal or Coke: 0 %
  • All Other: 0 %

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