Residential delivery area · Kentucky
ZIP Code 40508: Lexington, KY
ZIP code 40508 uses the postal name Lexington, Kentucky and lies entirely in Fayette County (Census 2020 ZIP-county file). About 24,000 people live there (Census Bureau, ACS 2020-2024), the 9th most populous of Lexington's 16 residential ZIP codes. Median household income is $29,440 (Census Bureau, ACS 2020-2024). Most of its land (100%) lies in the city of Lexington-Fayette.
- ACS2020-24
- Census2020
- FHFA2025
- ZBP2023
- IRS2022
- Town
- Lexington · 16 residential ZIPs
- County
- Fayette County
- Census places
- Lexington-Fayette
- Metro area
- Lexington-Fayette, KY
- House district
- KY-6 119th Congress
- State
- Kentucky
- Time zone
- Eastern
- Land area
- 4.2 sq mi · 5,647 people per sq mi
- PO Box ZIPs
- 23 more ZIP codes use the name Lexington for PO boxes or single organizations
Where is ZIP code 40508?
40508 centers on 38.061°, -84.511° and covers 4.2 square miles of land. It borders 8 ZIP codes: 40507, 40504, 40536, 40526, 40505, 40502, 40503, 40511.
The map draws ZIP code areas only. For the streets inside 40508, open its center on OpenStreetMap.
Source: U.S. Census Bureau, 2020 ZCTA cartographic boundaries and the 2023 Gazetteer (2020 ZCTAs); ZIP-to-county shares, Census places and House districts (119th Congress) from the Census 2020 relationship files (shares of land); metro area from the OMB delineation (July 2023); town name and time zone from simplemaps US ZIP Codes (CC BY 4.0).
How does 40508 compare with the rest of Lexington?
| Measure | 40508 | In Lexington | In KY |
|---|---|---|---|
| People (ACS 2020-2024) | 23,756 | 9th of 16 | 59th of 780 |
| Median household income | $29k | 13th of 13 | 307th of 310 |
| Median home value | $183k | 12th of 13 | 136th of 320 |
Its median household income is higher than in 2% of U.S. residential ZIP codes, and it is denser than 95% of all U.S. residential ZIP codes. ZIP codes at the ACS caps ($250,000 or more for household income, $2,000,000 or more for home value) share the top rank.
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B19013, B25077); ranks by PlainZIP over residential ZIP codes (ZCTAs).
How many people live in 40508?
The 2020 Census counted 25,586 people in 40508; the ACS, which samples households over 2020-2024, estimates 23,756. Between the 2010 and 2020 censuses its population grew 8.6% (its boundary stayed at least 90% the same).
- People, ACS 2020-2024
- 23,756
- 2020 Census count
- 25,586+8.6% since 2010 (23,569)
- Households
- 9,665
- Median age
- 23.5
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B01002, B11001); 2020 Census (DHC P1); 2010 Census (SF1 P1).
Who lives in 40508?
Of the 23,756 people the ACS estimates in 40508, 10.1% are under 18 and 9.2% are 65 or older. The largest group by race and Hispanic origin is White (not Hispanic) (62.7%), then Black (not Hispanic) (19.2%).
- Under 1810.1%
- 18 to 6480.6%
- 65 and older9.2%
- White, not Hispanic62.7%
- Black, not Hispanic19.2%
- Hispanic or Latino8.5%
- Other or two or more6.4%
- Asian, not Hispanic3.2%
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01001 age by sex, B03002 Hispanic or Latino origin by race); shares of the estimated population, small ZIP codes carry wide margins.
What do households in 40508 earn?
Median household income is $29,440 (ACS 2020-2024), the 13th highest of the 13 ranked ZIP codes in Lexington. It is not measurably different from 2015-2019 ($31,605 in 2024 dollars): the change is within the surveys' margins of error.
- Median household income
- $29,440±$4,148
- Income per person
- $24,962
- Below the poverty line
- 37.2%
- Unemployed (of the labor force)
- 9.8%
- Adults 25+ with a bachelor's degree
- 36.9%
- Adjusted gross income per tax return, 2022
- $49,5147,050 returns; wages 74% of AGI (IRS)
Source: U.S. Census Bureau, ACS 2020-2024 and 2015-2019 5-year estimates (B19013, B19301, B17001, B23025, B15003; 2015-2019 dollars converted with the BLS CPI-U, 1.22699); IRS Statistics of Income, ZIP code data, tax year 2022 (adjusted gross income per return, filed under the address on the return).
What are homes worth in 40508?
FHFA's house price index for 40508, built from repeat sales and appraisals of the same homes, rose 112% from 2015 to 2025 and rose 55% from 2020 to 2025, and moved −0.7% in 2025.
- Median home value (owners' estimate)
- $182,800
- Median gross rent
- $959
- Homes owned by their occupants
- 29.5%
- Housing units
- 11,094
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B25077, B25064, B25003, B25001); FHFA House Price Index, annual five-digit ZIP, updated 2026-03-31.
What businesses are in 40508?
563 business establishments had a location in this ZIP code in 2023, 34 more than in 2018; the most are in accommodation and food services (ZIP Code Business Patterns).
- Accommodation and food services102
- Other services (except public administration)88
- Retail trade68
- Health care and social assistance65
- Professional, scientific, and technical services63
- Construction48
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023 and 2018 (establishments with paid employees, by the business's ZIP code).
Which ZIP codes are next to 40508?
| ZIP | Town | People | Household income | Distance |
|---|---|---|---|---|
| 40507 | Lexington | 2,159 | $41k | 1.3 mi |
| 40504 | Lexington | 25,816 | $46k | 2.2 mi |
| 40536 | Lexington | 0 | – | 2.2 mi |
| 40526 | Lexington | 2,383 | – | 2.2 mi |
| 40505 | Lexington | 25,594 | $58k | 2.9 mi |
| 40502 | Lexington | 26,122 | $77k | 3.8 mi |
| 40503 | Lexington | 27,451 | $77k | 4.0 mi |
| 40511 | Lexington | 38,176 | $80k | 6.2 mi |
| 40510 | Lexington | 1,904 | $162k | 4.0 mi (near) |
Source: PlainZIP from the Census 2020 ZCTA boundaries (shared edges) and internal points; figures ACS 2020-2024.