PlainZIP

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
$58,206
Median income
$179,200
Median home value
25.2%
Bachelor's or higher

The verdict

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.

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 Kentucky average), while per-capita income is $34,210. Local economic indicators show a 17.1% poverty rate alongside 5.6% unemployment. Median home value sits at $179,200 (13% above the state average), median rent at $925 a month, and owner-occupancy at 59.8%.

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. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 40505, plus 6 more within Fayette County, give a clearer read than the national average alone.

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.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 40505?

41.0

Median Age

51.1%

Male

48.9%

Female

8.1%

Foreign-Born

White 67.3%
African American 14.7%
Asian 0.2%
American Indian or Alaska Native 0.5%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 13.3%
Hispanic or Latino 15.3%

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

$34,210

Per Capita Income

17.1%

Poverty Rate

5.6%

Unemployment Rate

21.3 min

Mean Commute Time

How ZIP 40505 ranks nationally

Lexington, KY household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$58,206 26th percentile higher than 26% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 54.0%
Bachelor's Degree or Higher 25.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

12,134

Total Housing Units

11,223

Occupied Units

911

Vacant Units

2.28

Avg Household Size

Occupancy Type

Owner 59.8%
Renter 40.2%

$179,200

Median Home Value

+13% vs state

$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.

residents

What this shows Among its immediate neighbors, ZIP 40505 ranks #5 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 40505 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

More ZIP Codes in Fayette County

40517 standard
Lexington, KY
Pop: 35,227
40515 standard
Lexington, KY
Pop: 33,595
40509 standard
Lexington, KY
Pop: 32,364
40511 standard
Lexington, KY
Pop: 31,798
40503 standard
Lexington, KY
Pop: 28,003
40502 standard
Lexington, KY
Pop: 25,709

Related Areas

Fayette County Lexington, KY Kentucky

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.

Read our methodology to see how this data is sourced, computed, and verified.