US ZIP Code
40503

Lexington, KY

Fayette County  ·  Kentucky

● Active
👥 27,825 Population ↓ 5% since 2019
💰 $74,161 Median HH Income
≈ Avg ↑ 15% since 2019
🎂 37.4 Median Age
🏠 $280,000 Median Home Value
≈ Avg ↑ 44% since 2019
🎓 63.1% College Grads
▲ 63% above avg
📊 4.1% Unemployment
▼ 17% below avg ↓ 7% since 2019
ZIP Code Details
ZIP Code40503
CityLexington
StateKentucky (KY)
CountyFayette County
Area Code859
Elevation999 ft
Latitude38.005828
Longitude-84.533469
TimezoneNew York (DST)
FIPS21067
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 47.5% (13,214) Female 52.5% (14,611) ♀

Race & Ethnicity

White: 80.7%Hispanic: 6.8%Black: 2.6%Asian: 5.9%Other: 3.5%Race
White80.7%
Hispanic6.8%
Black2.6%
Asian5.9%
Other3.5%

Age Breakdown

Under 5
6%
5–17
13%
18–24
13%
25–44
28%
45–64
23%
65+
8%

Key Indicators

Median Age37.4 yrs
Avg Household Size2.20
Below Poverty11.2% ▲ 12% above avg
College Grads63.1% ▲ 63% above avg
Unemployment4.1% ▼ 17% below avg
No HS Diploma172 (1%)
HS Graduate2,618 (14.7%)
Some College1,445 (8.1%)
Associates2,356 (13.2%)
Bachelors1,361 (7.6%)
Graduate Degree9,915 (55.5%)

Education

No HS: 1%HS Grad: 14.7%Some College: 8.1%Associates: 13.2%Bachelors: 7.6%Graduate: 55.5%Edu
No HS1.0%
HS Grad14.7%
Some College8.1%
Associates13.2%
Bachelors7.6%
Graduate55.5%
Housing & Income

Housing Tenure

Owner: 61.6%Renter: 38.4%Tenure
Owner61.6%
Renter38.4%

Home Value Distribution

Under $50k
1%
$50k–100k
1%
$100k–150k
3%
$150k–200k
9%
$200k–300k
44%
$300k–500k
34%
Over $500k
7%

Financials

Median HH Income$74,161 ≈ Avg ↑ 15% since 2019
Median Home Value$280,000 ≈ Avg ↑ 44% since 2019
Home/Income Ratio3.8x (nat avg ~3.5x)
Median Rent$1,110/mo ↑ 17% since 2019
Total Units13,437
Vacant Units850
Avg HH Size2.20

Income Distribution

Under $25k
14%
$25k–50k
14%
$50k–75k
21%
$75k–100k
11%
$100k–150k
19%
$150k–200k
9%
Over $200k
11%
Employment & Commute

How People Get to Work

Drove Alone
79%
Public Transit
3%
Walked
3%
Work From Home
15%

Commute Time

Under 15 min
34%
15–30 min
48%
30–45 min
11%
Over 45 min
6%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
26%
1960s–1970s
11%
1980s–1990s
9%
2000+
52%

Summary

Total Units13,437
Vacant850
Owner Occupied61.6%
Renter Occupied38.4%
Avg HH Size2.20
Frequently Asked Questions
ZIP code 40503 is in Lexington, KY, in Fayette County.
ZIP code 40503 is located in Kentucky (KY).
ZIP code 40503 is in Fayette County, KY.
ZIP 40503 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 40503 is 27,825 people (ACS 2023).
The median household income in ZIP code 40503 is $74,161 (ACS 2023).
The median home value in ZIP 40503 is $280,000 (ACS 2023).
About ZIP Code 40503

ZIP code 40503 is located in Lexington, Kentucky, within Fayette County. With a population of 27,825, this is a moderately populated ZIP code with a relatively young community — the median age is 37.4 years. Economically, 40503 is a solidly middle-class ZIP code: the median household income of $74,161 is near the national average.

Real estate in ZIP code 40503 represents a mid-range housing market. The median home value of $280,000 is near the national average. Renters can expect to pay around $1,110 per month in median rent. Homeownership is strong here — 61.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 44% since 2019.

The population of 40503 is primarily White (80.65%). Residents are highly educated — 63.1% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects some residents at 11.2%. Household income has grown by 15% since 2019.

The unemployment rate in 40503 stands at 4.1%, which is below the national average. About 13% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 72%.

Overall, ZIP code 40503 in Lexington, KY is characterized as solidly middle-class, highly educated, a relatively young community, and predominantly owner-occupied. With 27,825 residents, a median household income of $74,161, and a median home value of $280,000, it offers a clear picture of life in this part of Kentucky.