40508 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 40508 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 Location38.05001, -84.50114
Population26175
Size11.074 square miles
Median Family Income$47897.00
Median Home Value$139800.00

Population & Demographics

The following information lists the population statistics and breakdown for the 40508 zip code. The total population is 26175, of which, 12176 are male and 13999 are female. With a total area of 11.074 square miles, the population density is 2326.7 people per square mile. The median age of the population is 23.5 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
201123688
201224718
201324968
201425868
201526515
201626984
201726686
201826372
201925766
202026226
202126175

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 7042.7%
Age 5-98023.1%
Age 10-1410273.9%
Age 15-19527920.2%
Age 20-24662825.3
Age 25-2920587.9%
Age 30-3415886.1%
Age 35-3910113.9%
Age 40-44931 3.6%
Age 45-497702.9%
Age 50-548583.3%
Age 55-5911514.4%
Age 60-6414125.4%
Age 65-699923.8%
Age 70-743021.2%
Age 75-794211.6%
Age 80-84910.3%
Age 85 and over1500.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 11.4 %
  • Speaks Spanish: 5.5 %
  • Speaks Other Indo-European Language: 2.7 %
  • Speaks Pacific Island Languages: 1.9 %
  • Speak Other Languages: 1.3 %
Marital Status: 
  • Currently Married: 15.7 %
  • Divorced: 7.9 %
  • Separated (not divorced): 2.4 %
  • Never Married: 70.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 40508 zip code is $47897. This is -54.41% less than the national average. This income places 39.7% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $20302. 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 $10,000.00200
$10,000.00 – $14,999.00207
$15,000.00 – $24,999.00642
$25,000.00 – $34,999.00392
$35,000.00 – $49,999.00270
$50,000.00 – $74,999.00644
$75,000.00 – $99,999.00275
$100,000.00 – $149,999.00330
$150,000.00 – $199,999,0087
$200,000.00 +269

YearMedian Family Income ($ USD)
201127856
201229966
201329157
201428646
201533901
201630609
201731142
201831052
201932207
202043294
202147897

Income Source# of Households
Wage or Salary7968
Self Employment1141
Social Security1978
Dividends, Interest, or Rental1126
Retirement1127
Other931

Total Insured & Uninsured Individuals: 
  • Families Insure: 24133
  • Families Uninsured: 1886
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1127
  • No retirement income: 9063

Education

In the 40508 zip code, 83.4% of individuals over 25 years old have a high school degree or higher, and 33.8% have a bachelors degree or higher. Additionally, 9.5% of individuals 3 years and older are in private school, and 90.5% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 40508 zip, there are an estimated 13793 people in the labor force, of which, 12592 are employed, and 1174 are unemployed. There are a total of 27 people in the armed forces. The average commute time for this zip code is 17.6 minutes. Of the total people that work, 714 worked from home and 12268 commuted. The average number of hours worked is 30.4. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts5242
Services3042
Sales and Office2344
Construction and Maintenance:728
Transportation and Material Moving1236





Housing

The median home value for the 40508 zip code is 139800. There is an estimated  10190 number of occupied housing units, the median gross rent in is $800 per month, and the average monthly housing costs are estimated to be $809. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000299
$50,000 – $99,000761
$100,000 – $149,999470
$150,000 – $199,999321
$200,000 – $299,999290
$300,000 – $499,999507
$500,000 – $999,999192
$1,000,000+48

Home Year BuiltNumber of Homes
2020 or Later9
2010 – 20191153
2000 – 20091489
1980 – 19991396
1960 – 19791624
1940 – 19591410
1939 or earlier3109

The median number of rooms in all housing units is 4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5001012
$500 – $9993773
$1,000 – $1,4991603
$1,500 – $1,999291
$2,000 – $2,499260
$2,499 – $2,99992
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300690
300-499944
500-7993264
800-9991590
1000-14992317
1500-1999463
2000-2499349
2500-2999225
3000+77

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%805
20%-24.9%253
25%-29.9%272
30%-34.9%68
35+%512



# of VehiclesHouseholds
None1872
14333
23022
3+963
Home Heating Characteristics: 
  • Utility Gas: 29.9 %
  • Bottle Tank or LP Gas: 0.8 %
  • Electricity: 68.3 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 0.7 %

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