| ZIP Code | 40514 |
|---|---|
| City | Lexington |
| State | Kentucky (KY) |
| County | Fayette County |
| Area Code | 859 |
| Elevation | 974 ft |
| Latitude | 37.983376 |
|---|---|
| Longitude | -84.565224 |
| Timezone | New York (DST) |
| FIPS | 21067 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.6 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.61 |
| Below Poverty | 4.0% ▼ 60% below avg |
| College Grads | 60.9% ▲ 57% above avg |
| Unemployment | 2.3% ▼ 53% below avg |
| No HS Diploma | 112 (1%) |
| HS Graduate | 1,237 (11.5%) |
| Some College | 963 (8.9%) |
| Associates | 1,904 (17.7%) |
| Bachelors | 773 (7.2%) |
| Graduate Degree | 5,785 (53.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $96,337 ▲ 26% above avg ↑ 9% since 2019 |
|---|---|
| Median Home Value | $289,900 ≈ Avg ↑ 39% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $1,549/mo ↑ 28% since 2019 |
| Total Units | 6,566 |
| Vacant Units | 89 |
| Avg HH Size | 2.61 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 6,566 |
|---|---|
| Vacant | 89 |
| Owner Occupied | 71.8% |
| Renter Occupied | 28.2% |
| Avg HH Size | 2.61 |
ZIP code 40514 is located in Lexington, Kentucky, within Fayette County. With a population of 16,919, this is a moderately populated ZIP code with a middle-aged community — the median age is 38.6 years. Economically, 40514 is a middle-income ZIP code: the median household income of $96,337 is above the national average.
Real estate in ZIP code 40514 represents a mid-range housing market. The median home value of $289,900 is near the national average. Renters can expect to pay around $1,549 per month in median rent. Homeownership is strong here — 71.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 39% since 2019.
The population of 40514 is primarily White (80.28%). Residents are highly educated — 60.9% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 4.0%. Household income has grown by 9% since 2019.
The unemployment rate in 40514 stands at 2.3%, which is well below the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 40514 in Lexington, KY is characterized as middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 16,919 residents, a median household income of $96,337, and a median home value of $289,900, it offers a clear picture of life in this part of Kentucky.