PlainZIP

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
$41,329
Median income
$328,600
Median home value
53.1%
Bachelor's or higher

The verdict

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 Kentucky average), while per-capita income is $72,858. Local economic indicators show a 23.0% poverty rate alongside 7.5% unemployment. The typical home here is valued at $328,600 (107% above the state average); renters pay a median of $862 monthly, and 24.2% of units are owner-occupied.

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 -. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Fayette County, letting you compare 40507 to its immediate surroundings rather than a national baseline 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 40507

Top 5 sectors by establishment count in Lexington, KY

Which industries have the most business establishments in ZIP 40507.

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 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

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 40507?

55.0

Median Age

59.5%

Male

40.5%

Female

8.8%

Foreign-Born

White 72.0%
African American 12.7%
Asian 1.9%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 13.0%
Hispanic or Latino 3.8%

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

$72,858

Per Capita Income

23.0%

Poverty Rate

7.5%

Unemployment Rate

How ZIP 40507 ranks nationally

Lexington, KY household income vs. every US ZIP code

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

$41,329 6th percentile higher than 6% 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 68.7%
Bachelor's Degree or Higher 53.1%

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

What does housing look like?

1,674

Total Housing Units

1,573

Occupied Units

101

Vacant Units

1.37

Avg Household Size

Occupancy Type

Owner 24.2%
Renter 75.8%

$328,600

Median Home Value

+107% vs state

$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.

residents

What this shows Among its immediate neighbors, ZIP 40507 ranks #0 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 40507 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 40507 ranks #9 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
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

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
40505 standard
Lexington, KY
Pop: 26,040

Related Areas

Fayette County Lexington, KY Kentucky

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.

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