40514 Zip Code

April 20, 2024

Zip Code:	40514
City/Town:	Lexington
State:	Kentucky

Population:	14,647
Per Capita Income:	$31,770
Mean Household Income:	$86,593

Total Housing Units:	5,464
Median Home Value:	$134,400
Median Year Homes Built:	1992

Land Area:	3.0 sq miles 7.7 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (40514 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

14,647

Male:

7,053

48.2%

49.2%

Female:

7,594

51.8%

50.8%

Median Age:

36.4 yrs

37.2 yrs

Under 5 years:

1,030

7.0%

6.5%

5 to 9 years:

1,101

7.1%

6.6%

10 to 19 years:

2,250

15.4%

13.8%

20 to 29 years:

1,609

11.0%

13.8%

30 to 39 years:

2,157

14.7%

13.0%

40 to 49 years:

2,497

17.0%

14.2%

50 to 59 years:

2,171

14.8%

13.6%

60 to 69 years:

1,111

7.6%

9.4%

70 to 79 years:

486

3.3%

5.4%

80 years and over:

235

1.6%

3.7%

Housing Information (40514 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$134,400

$119,600

Median year homes build:

1992

1971

Median real estate taxes:

$1,059 / yr.

$1,334 / yr.

Median rent:

$684 / mo.

$519 / mo.

Total households:

5,464

Family households:

4,167

76.3%

66.4%

Nonfamily households:

1,297

23.7%

33.6%

Households with individuals under 18 years:

2,252

41.2%

33.4%

Households with individuals 65 years and over:

821

15.0%

24.9%

Average household size:

2.7

Average family size:

3.1

Total housing units:

5,596

Occupied housing units:

5,464

97.6%

88.6%

Vacant housing units:

132

2.4%

11.4%

For rent:

0.8%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

0.6%

1.4%

Sold, not occupied:

0.1%

0.3%

For seasonal, recreational, or occasional use:

0.2%

3.5%

All other vacants:

0.6%

2.8%

Homeowner vacancy rate:

0.7%

2.4%

Rental vacancy rate:

5.8%

9.2%

Owner-occupied housing units:

4,766

Population in owner-occupied housing units:

12,696

Average household size of owner-occupied units:

2.7

2.65

Renter-occupied housing units:

698

Population in renter-occupied housing units:

1,951

Average household size of renter-occupied units:

2.8

2.44

Educational Attainment (40514 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

7,165

Less than 9th grade:

113

1.6%

6.2%

9th to 12th grade, no diploma:

136

1.9%

8.7%

High school graduate (includes equivalency):

1,001

14.0%

29.0%

Some college, no degree:

1,657

23.1%

20.6%

Associate degree:

682

9.5%

7.5%

Bachelor's degree:

2,288

31.9%

17.6%

Graduate or professional degree:

1,288

18.0%

10.3%

Percent high school graduate or higher:

96.5%

85.0%

Percent bachelor's degree or higher:

49.9%

27.9%

Income Information (40514 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

3,793

25.9%

50.4%

Median income:

$46,330 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,835

19.4%

59.7%

Median income:

$50,993 / yr.

$38,349 / yr.

Females 15 years and over with income:

3,735

25.5%

49.6%

Median income:

$25,343 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,848

12.6%

40.3%

Median income:

$35,514 / yr.

$28,135 / yr.

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