US ZIP Code
40505

Lexington, KY

Fayette County  ·  Kentucky

● Active
👥 25,855 Population
💰 $58,922 Median HH Income
▼ 23% below avg ↑ 45% since 2019
🎂 40.3 Median Age ↑ 2% since 2019
🏠 $166,300 Median Home Value
▼ 40% below avg ↑ 37% since 2019
🎓 35.7% College Grads
▼ 8% below avg
📊 5.2% Unemployment
≈ Avg ↓ 31% since 2019
ZIP Code Details
ZIP Code40505
CityLexington
StateKentucky (KY)
CountyFayette County
Area Code859
Elevation1,013 ft
Latitude38.060653
Longitude-84.457238
TimezoneNew York (DST)
FIPS21067
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 51.8% (13,401) Female 48.2% (12,454) ♀

Race & Ethnicity

White: 65.2%Hispanic: 13%Black: 17.3%Asian: 0.3%Other: 3.7%Race
White65.2%
Hispanic13.0%
Black17.3%
Asian0.3%
Other3.7%

Age Breakdown

Under 5
5%
5–17
18%
18–24
6%
25–44
28%
45–64
28%
65+
7%

Key Indicators

Median Age40.3 yrs ↑ 2% since 2019
Avg Household Size2.36
Below Poverty19.9% ▲ 99% above avg
College Grads35.7% ▼ 8% below avg
Unemployment5.2% ≈ Avg
No HS Diploma190 (1.2%)
HS Graduate4,994 (30.5%)
Some College2,737 (16.7%)
Associates2,602 (15.9%)
Bachelors1,905 (11.6%)
Graduate Degree3,937 (24.1%)

Education

No HS: 1.2%HS Grad: 30.5%Some College: 16.7%Associates: 15.9%Bachelors: 11.6%Graduate: 24.1%Edu
No HS1.2%
HS Grad30.5%
Some College16.7%
Associates15.9%
Bachelors11.6%
Graduate24.1%
Housing & Income

Housing Tenure

Owner: 60.2%Renter: 39.8%Tenure
Owner60.2%
Renter39.8%

Home Value Distribution

Under $50k
3%
$50k–100k
5%
$100k–150k
31%
$150k–200k
29%
$200k–300k
22%
$300k–500k
7%
Over $500k
3%

Financials

Median HH Income$58,922 ▼ 23% below avg ↑ 45% since 2019
Median Home Value$166,300 ▼ 40% below avg ↑ 37% since 2019
Home/Income Ratio2.8x (nat avg ~3.5x)
Median Rent$914/mo ↑ 18% since 2019
Total Units12,026
Vacant Units1,090
Avg HH Size2.36

Income Distribution

Under $25k
22%
$25k–50k
18%
$50k–75k
19%
$75k–100k
16%
$100k–150k
14%
$150k–200k
6%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
89%
Public Transit
2%
Walked
2%
Work From Home
7%

Commute Time

Under 15 min
32%
15–30 min
46%
30–45 min
17%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
5%
1940s–1950s
32%
1960s–1970s
6%
1980s–1990s
4%
2000+
53%

Summary

Total Units12,026
Vacant1,090
Owner Occupied60.2%
Renter Occupied39.8%
Avg HH Size2.36
Frequently Asked Questions
ZIP code 40505 is in Lexington, KY, in Fayette County.
ZIP code 40505 is located in Kentucky (KY).
ZIP code 40505 is in Fayette County, KY.
ZIP 40505 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 40505 is 25,855 people (ACS 2023).
The median household income in ZIP code 40505 is $58,922 (ACS 2023).
The median home value in ZIP 40505 is $166,300 (ACS 2023).
About ZIP Code 40505

ZIP code 40505 is located in Lexington, Kentucky, within Fayette County. With a population of 25,855, this is a moderately populated ZIP code with a middle-aged community — the median age is 40.3 years. Economically, 40505 is a solidly middle-class ZIP code: the median household income of $58,922 is below the national average.

Real estate in ZIP code 40505 represents an affordable housing market. The median home value of $166,300 is below the national average. Renters can expect to pay around $914 per month in median rent. Homeownership is strong here — 60.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 37% since 2019.

The population of 40505 is majority White (65.23%). Residents are moderately educated — 35.7% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 19.9%. Household income has grown by 45% since 2019.

The unemployment rate in 40505 stands at 5.2%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 74%.

Overall, ZIP code 40505 in Lexington, KY is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 25,855 residents, a median household income of $58,922, and a median home value of $166,300, it offers a clear picture of life in this part of Kentucky.