Lexington, KY · standard
ZIP Code 40505
Fayette County, Kentucky - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 26,040
- 1,260/sq mi High-density area
- $58,206
- Median income Below-median income area
- $179,200
- Median home value Near-median home value
- 25.2%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Lexington pairs a below-median household income with below-median home values, in a low-density, mixed-tenure area.
- 26th pct
- household income, US ZIPs
- 38th pct
- home value, US ZIPs
- 1,260
- people per sq mi
- 60%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 40505 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 40505 (Lexington, KY) rose +2.1% from 2023 to 2024. The all-transactions index moved from 242.7 in 2023 to 247.7 in 2024 (2000 = 100).
ZIP code 40505 is a densely settled ZIP (a standard USPS delivery area) in Lexington, Fayette County, Kentucky, with 26,040 residents across 20.7 square miles, a density of 1,260 people per square mile, in the New York time zone.
ZIP 40505 reports a modest median household income of $58,206 (2% below the average Kentucky ZIP), while per-capita income is $34,210. The poverty rate is 17.1%, with unemployment at 5.6%; those measures add context to the income figure. Median home value is $179,200 (13% above the average Kentucky ZIP) and median rent is $925; 59.8% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 25.2% of adults hold a bachelor's degree or higher, the median age is 41, and the average commute is 21 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Fayette County, so 40505 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 40505
Top 5 sectors by establishment count in Lexington, KY
Which industries have the most business establishments in ZIP 40505.
- Retail trade
Retail trade
164 establishments
- Construction
Construction
87 establishments
- Other services (except public administration)
Other services (except public administration)
87 establishments
- Accommodation and food services
Accommodation and food services
83 establishments
- Professional, scientific, and technical services 55
Professional, scientific, and technical services
55 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 40505, Lexington, KY · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
26,040
Population
20.7
Area (sq mi)
1,260
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 40505?
41.0
Median Age
51.1%
Male
48.9%
Female
8.1%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$58,206
Median Household Income
-2% vs state ZIP avg
$34,210
Per Capita Income
17.1%
Poverty Rate
5.6%
Unemployment Rate
21.3 min
Mean Commute Time
How ZIP 40505 ranks among Kentucky ZIPs
Lexington, KY household income vs. every Kentucky ZIP code
Median household income among 646 reporting Kentucky ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$58,206 Top 48% higher than 52% of 646 Kentucky ZIPs
Each bar is a $20K-wide band; taller bars hold more Kentucky ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
12,134housing units
12,134
Total Housing Units
11,223
Occupied Units
911
Vacant Units
2.28
Avg Household Size
Occupancy Type
$179,200
Median Home Value
+13% vs state ZIP avg
$925
Median Rent
1965
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+2.1%
YoY Change (2024)
248
HPI Index (2000 = 100)
+148%
Total Change Since 2000
Home values in ZIP 40505 have increased 2.1% over the past year (2024). Since 2000, this ZIP has seen +148% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.6% | 161 |
| 2021 | +12.8% | 182 |
| 2022 | +14.7% | 209 |
| 2023 | +16.1% | 243 |
| 2024 | +2.1% | 248 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 748 business establishments in ZIP 40505, employing approximately 13,166 people with a combined annual payroll of $756,478,000.
748
Businesses
13,166
Employees
$756.5M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 164 | 21.9% |
| Construction | 87 | 11.6% |
| Other services (except public administration) | 87 | 11.6% |
| Accommodation and food services | 83 | 11.1% |
| Professional, scientific, and technical services | 55 | 7.3% |
| Health care and social assistance | 54 | 7.2% |
| Wholesale trade | 41 | 5.5% |
| Administrative and support and waste management and remediation services | 37 | 5.0% |
| Real estate and rental and leasing | 33 | 4.4% |
| Finance and insurance | 29 | 3.9% |
| Manufacturing | 27 | 3.6% |
| Transportation and warehousing | 16 | 2.1% |
| Information | 13 | 1.7% |
| Arts, entertainment, and recreation | 8 | 1.1% |
| Management of companies and enterprises | 7 | 0.9% |
| Educational services | 6 | 0.8% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 40505 vs 40507 →
ZIP 40505 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 40517
Lexington (40517)
35,227 residents
- 40509
Lexington (40509)
32,364 residents
- 40511
Lexington (40511)
31,798 residents
- 40503
Lexington (40503)
28,003 residents
- 40505
Lexington (40505)
26,040 residents
- 40502
Lexington (40502)
25,709 residents
- 40504
Lexington (40504)
25,655 residents
- 40508
Lexington (40508)
23,569 residents
- 40516 2,877
Lexington (40516)
2,877 residents
What this shows Among its immediate neighbors, ZIP 40505 ranks #5 by population - useful context the national average alone can't give.
ZIP 40505 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 40509
Lexington (40509)
$94,804 median income
- 40516
Lexington (40516)
$84,510 median income
- 40511
Lexington (40511)
$79,540 median income
- 40502
Lexington (40502)
$76,948 median income
- 40503
Lexington (40503)
$76,482 median income
- 40505
Lexington (40505)
$58,206 median income
- 40517
Lexington (40517)
$53,670 median income
- 40504
Lexington (40504)
$46,055 median income
- 40507
Lexington (40507)
$41,329 median income
What this shows By household income, ZIP 40505 ranks #6 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 40507 | Lexington, KY | 1,757 | 2.3 mi |
| 40508 | Lexington, KY | 23,569 | 2.5 mi |
| 40502 | Lexington, KY | 25,709 | 3.5 mi |
| 40506 | Lexington, KY | 2,802 | 3.3 mi |
| 40511 | Lexington, KY | 31,798 | 5.2 mi |
| 40504 | Lexington, KY | 25,655 | 4.8 mi |
| 40516 | Lexington, KY | 2,877 | 5.3 mi |
| 40517 | Lexington, KY | 35,227 | 5.5 mi |
| 40503 | Lexington, KY | 28,003 | 5.7 mi |
| 40509 | Lexington, KY | 32,364 | 6.1 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 40505, both outside KY so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (26,040 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Fayette County
Related Areas
Frequently Asked Questions
What county is ZIP code 40505 in?
ZIP code 40505 (Lexington) is located in Fayette County, Kentucky. Fayette County contains multiple ZIP codes, see the full list at /counties/fayette-ky.
What is the population of ZIP code 40505?
ZIP code 40505 in Lexington, KY has a population of 26,040 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40505?
The median household income in ZIP 40505 is $58,206, which is 24% below the national average of $76,288.
What is the average home value in ZIP 40505?
The median home value in ZIP 40505 is $179,200, which is 36% below the national average of $278,155.
What is the demographic makeup of ZIP 40505?
The largest racial group in ZIP 40505 is White at 67.3%. Hispanic or Latino residents make up 15.3% of the population.
How many businesses are in ZIP code 40505?
ZIP code 40505 has 748 business establishments employing approximately 13,166 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40505?
The top industries by establishment count in ZIP 40505 are: Retail trade (164), Construction (87), Other services (except public administration) (87). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 40505?
According to the FHFA House Price Index, home values in ZIP 40505 increased by 2.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 148%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 40505?
In ZIP code 40505, 54.0% of residents aged 25+ have a high school diploma or higher, and 25.2% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 40505?
The mean commute time for workers in ZIP code 40505 is 21.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 40505?
In ZIP code 40505, approximately 59.8% of occupied housing units are owner-occupied and 40.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40505?
The poverty rate in ZIP code 40505 is 17.1% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 40505's numbers, next.
- See how ZIP 40505 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Lexington, KY ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.