Lexington, KY · standard
ZIP Code 40507
Fayette County, Kentucky - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,757
- 1,630/sq mi High-density area
- $41,329
- Median income Below-median income area
- $328,600
- Median home value Above-median home value
- 53.1%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Lexington pairs one of the lowest household incomes in the country with above-median home values, in a low-density, renter-heavy area.
- 6th pct
- household income, US ZIPs
- Top 29%
- home value, US ZIPs
- 1,630
- people per sq mi
- 24%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 40507 against every reporting US ZIP.
ZIP code 40507 covers 1.1 square miles in Lexington, Fayette County, Kentucky (a standard USPS delivery area), with a modest 1,757 residents on file, a density of 1,630 people per square mile, in the New York time zone.
ZIP 40507 reports a modest median household income of $41,329 (31% below the average Kentucky ZIP), while per-capita income is $72,858. The poverty rate is 23.0%, so the area-level income figures should not be treated as typical household experience. Housing costs run above the statewide ZIP benchmark while renting is common: median home value is $328,600 (107% above the average Kentucky ZIP), with only 24.2% owner-occupied homes and median rent of $862.
This is a highly-educated ZIP: 53.1% of adults hold a bachelor's degree or higher, the median age is 55, and the average commute is -. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Fayette County, so 40507 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 40507
Top 5 sectors by establishment count in Lexington, KY
Which industries have the most business establishments in ZIP 40507.
- Professional, scientific, and technical services
Professional, scientific, and technical services
249 establishments
- Finance and insurance 79
Finance and insurance
79 establishments
- Accommodation and food services 70
Accommodation and food services
70 establishments
- Other services (except public administration) 63
Other services (except public administration)
63 establishments
- Health care and social assistance 41
Health care and social assistance
41 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 40507, 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
1,757
Population
1.1
Area (sq mi)
1,630
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 40507?
55.0
Median Age
59.5%
Male
40.5%
Female
8.8%
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?
$41,329
Median Household Income
-31% vs state ZIP avg
$72,858
Per Capita Income
23.0%
Poverty Rate
7.5%
Unemployment Rate
How ZIP 40507 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)
$41,329 19th percentile higher than 19% 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
1,674housing units
1,674
Total Housing Units
1,573
Occupied Units
101
Vacant Units
1.37
Avg Household Size
Occupancy Type
$328,600
Median Home Value
+107% vs state ZIP avg
$862
Median Rent
1968
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 686 business establishments in ZIP 40507, employing approximately 9,224 people with a combined annual payroll of $721,366,000.
686
Businesses
9,224
Employees
$721.4M
Annual Payroll
18
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 249 | 36.3% |
| Finance and insurance | 79 | 11.5% |
| Accommodation and food services | 70 | 10.2% |
| Other services (except public administration) | 63 | 9.2% |
| Health care and social assistance | 41 | 6.0% |
| Real estate and rental and leasing | 29 | 4.2% |
| Retail trade | 28 | 4.1% |
| Arts, entertainment, and recreation | 27 | 3.9% |
| Information | 25 | 3.6% |
| Administrative and support and waste management and remediation services | 24 | 3.5% |
| Construction | 12 | 1.8% |
| Educational services | 11 | 1.6% |
| Management of companies and enterprises | 6 | 0.9% |
| Utilities | 5 | 0.7% |
| Manufacturing | 5 | 0.7% |
| Wholesale trade | 4 | 0.6% |
| Mining, quarrying, and oil and gas extraction | 3 | 0.4% |
| Transportation and warehousing | 3 | 0.4% |
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 40507 vs 40508 →
ZIP 40507 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
- 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
- 40514
Lexington (40514)
14,647 residents
- 40506 2,802
Lexington (40506)
2,802 residents
What this shows Among its immediate neighbors, ZIP 40507 ranks #0 by population - useful context the national average alone can't give.
ZIP 40507 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 40510
Lexington (40510)
$161,938 median income
- 40514
Lexington (40514)
$95,914 median income
- 40511
Lexington (40511)
$79,540 median income
- 40502
Lexington (40502)
$76,948 median income
- 40503
Lexington (40503)
$76,482 median income
- 40505 $58,206
Lexington (40505)
$58,206 median income
- 40517 $53,670
Lexington (40517)
$53,670 median income
- 40504 $46,055
Lexington (40504)
$46,055 median income
- 40507 $41,329
Lexington (40507)
$41,329 median income
What this shows By household income, ZIP 40507 ranks #9 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 40508 | Lexington, KY | 23,569 | 0.3 mi |
| 40506 | Lexington, KY | 2,802 | 1.3 mi |
| 40502 | Lexington, KY | 25,709 | 2.4 mi |
| 40504 | Lexington, KY | 25,655 | 2.5 mi |
| 40505 | Lexington, KY | 26,040 | 2.3 mi |
| 40517 | Lexington, KY | 35,227 | 4.4 mi |
| 40503 | Lexington, KY | 28,003 | 3.6 mi |
| 40511 | Lexington, KY | 31,798 | 6.1 mi |
| 40510 | Lexington, KY | 1,928 | 5.9 mi |
| 40514 | Lexington, KY | 14,647 | 5.7 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 40507, 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 (1,757 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 40507 in?
ZIP code 40507 (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 40507?
ZIP code 40507 in Lexington, KY has a population of 1,757 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40507?
The median household income in ZIP 40507 is $41,329, which is 46% below the national average of $76,288.
What is the average home value in ZIP 40507?
The median home value in ZIP 40507 is $328,600, which is 18% above the national average of $278,155.
What is the demographic makeup of ZIP 40507?
The largest racial group in ZIP 40507 is White at 72.0%. Hispanic or Latino residents make up 3.8% of the population.
How many businesses are in ZIP code 40507?
ZIP code 40507 has 686 business establishments employing approximately 9,224 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40507?
The top industries by establishment count in ZIP 40507 are: Professional, scientific, and technical services (249), Finance and insurance (79), Accommodation and food services (70). There are 18 industry sectors represented in total.
What is the education level in ZIP code 40507?
In ZIP code 40507, 68.7% of residents aged 25+ have a high school diploma or higher, and 53.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 40507?
In ZIP code 40507, approximately 24.2% of occupied housing units are owner-occupied and 75.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40507?
The poverty rate in ZIP code 40507 is 23.0% 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 40507's numbers, next.
- See how ZIP 40507 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.