40514 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 40514 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 Location37.98269, -84.56343
Population17047
Size7.673 square miles
Median Family Income$103494.00
Median Home Value$242700.00

Population & Demographics

The following information lists the population statistics and breakdown for the 40514 zip code. The total population is 17047, of which, 8508 are male and 8539 are female. With a total area of 7.673 square miles, the population density is 2159.8 people per square mile. The median age of the population is 38 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
201114522
201215088
201314934
201414773
201515337
201615606
201715682
201816143
201916573
202016607
202117047

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 9035.3%
Age 5-912347.2%
Age 10-1413928.2%
Age 15-1911696.9%
Age 20-2410306
Age 25-296663.9%
Age 30-3413608%
Age 35-3912507.3%
Age 40-441690 9.9%
Age 45-4912277.2%
Age 50-548555%
Age 55-5911967%
Age 60-6412587.4%
Age 65-698625.1%
Age 70-744362.6%
Age 75-792331.4%
Age 80-841711%
Age 85 and over1150.7%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 12.2 %
  • Speaks Spanish: 2.9 %
  • Speaks Other Indo-European Language: 4.1 %
  • Speaks Pacific Island Languages: 2.9 %
  • Speak Other Languages: 2.2 %
Marital Status: 
  • Currently Married: 60.7 %
  • Divorced: 7.6 %
  • Separated (not divorced): 0.8 %
  • Never Married: 27.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 40514 zip code is $103494. This is 34.50% greater than the national average. This income places 5.2% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $28926. 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 $10,000.0067
$10,000.00 – $14,999.007
$15,000.00 – $24,999.0052
$25,000.00 – $34,999.00116
$35,000.00 – $49,999.00256
$50,000.00 – $74,999.00881
$75,000.00 – $99,999.00784
$100,000.00 – $149,999.00994
$150,000.00 – $199,999,00612
$200,000.00 +728

YearMedian Family Income ($ USD)
201188514
201290804
201392835
201492240
201592161
201691773
201799469
2018100938
2019103832
202099121
2021103494

Income Source# of Households
Wage or Salary5413
Self Employment824
Social Security1582
Dividends, Interest, or Rental1371
Retirement1526
Other732

Total Insured & Uninsured Individuals: 
  • Families Insure: 16536
  • Families Uninsured: 504
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1526
  • No retirement income: 4867

Education

In the 40514 zip code, 97.6% of individuals over 25 years old have a high school degree or higher, and 54.4% have a bachelors degree or higher. Additionally, 23.5% of individuals 3 years and older are in private school, and 76.5% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 40514 zip, there are an estimated 9586 people in the labor force, of which, 9305 are employed, and 274 are unemployed. There are a total of 7 people in the armed forces. The average commute time for this zip code is 22.4 minutes. Of the total people that work, 939 worked from home and 9202 commuted. The average number of hours worked is 39.1. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts5000
Services1394
Sales and Office1827
Construction and Maintenance:381
Transportation and Material Moving703





Housing

The median home value for the 40514 zip code is 242700. There is an estimated  6393 number of occupied housing units, the median gross rent in is $1301 per month, and the average monthly housing costs are estimated to be $1261. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00053
$50,000 – $99,00019
$100,000 – $149,999247
$150,000 – $199,9991068
$200,000 – $299,9992026
$300,000 – $499,9991136
$500,000 – $999,9995
$1,000,000+32

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019803
2000 – 20091363
1980 – 19993655
1960 – 1979539
1940 – 195933
1939 or earlier0

The median number of rooms in all housing units is 6.6 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5000
$500 – $999225
$1,000 – $1,499846
$1,500 – $1,999472
$2,000 – $2,499122
$2,499 – $2,99937
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300112
300-499505
500-799835
800-999602
1000-14991955
1500-19991437
2000-2499766
2500-299960
3000+16

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%2147
20%-24.9%452
25%-29.9%332
30%-34.9%85
35+%289



# of VehiclesHouseholds
None51
11691
23209
3+1442
Home Heating Characteristics: 
  • Utility Gas: 45.4 %
  • Bottle Tank or LP Gas: 1 %
  • Electricity: 53.6 %
  • Oil or Kerosene etc: 0 %
  • 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.