PlainZIP

Lexington, KY · standard

ZIP Code 40509

Fayette County, Kentucky - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

32,364
304/sq mi
$94,804
Median income
$366,300
Median home value
57.4%
Bachelor's or higher

The verdict

Lexington pairs an upper-quartile household income with upper-quartile home values, in a low-density, homeowner-dominated area.

Top 23%
household income, US ZIPs
Top 24%
home value, US ZIPs
304
people per sq mi
61%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 40509 against every reporting US ZIP.

ZIP code 40509 is a densely settled ZIP (a standard USPS delivery area) in Lexington, Fayette County, Kentucky, with 32,364 residents across 106.5 square miles, a density of 304 people per square mile, in the New York time zone.

ZIP 40509 lands in the middle-income range, with a median household income of $94,804 (59% above the Kentucky average), while per-capita income is $51,034. Poverty here runs at 8.4%, with unemployment measured at 3.5%. The typical home here is valued at $366,300 (130% above the state average); renters pay a median of $1,394 monthly, and 60.7% of units are owner-occupied.

This is a highly-educated ZIP: 57.4% of adults hold a bachelor's degree or higher, the median age is 35.8, and the average commute is 23 minutes. Beyond these figures, 9 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Fayette County, letting you compare 40509 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 40509

Top 5 sectors by establishment count in Lexington, KY

Which industries have the most business establishments in ZIP 40509.

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 40509, 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

32,364

Population

106.5

Area (sq mi)

304

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 40509?

35.8

Median Age

47.7%

Male

52.3%

Female

14.6%

Foreign-Born

White 65.0%
African American 16.2%
Asian 7.7%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.2%
Hispanic or Latino 7.0%

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?

$94,804

Median Household Income

+59% vs state

$51,034

Per Capita Income

8.4%

Poverty Rate

3.5%

Unemployment Rate

22.6 min

Mean Commute Time

How ZIP 40509 ranks nationally

Lexington, KY household income vs. every US ZIP code

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

$94,804 Top 23% higher than 77% 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%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $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 71.9%
Bachelor's Degree or Higher 57.4%

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

What does housing look like?

20,190

Total Housing Units

19,395

Occupied Units

795

Vacant Units

2.41

Avg Household Size

Occupancy Type

Owner 60.7%
Renter 39.3%

$366,300

Median Home Value

+130% vs state

$1,394

Median Rent

2002

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

+8.7%

YoY Change (2024)

233

HPI Index (2000 = 100)

+133%

Total Change Since 2000

Home values in ZIP 40509 have increased 8.7% over the past year (2024). Since 2000, this ZIP has seen +133% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.2% 153
2021 +10.8% 170
2022 +16.3% 198
2023 +8.4% 214
2024 +8.7% 233

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 1,586 business establishments in ZIP 40509, employing approximately 29,760 people with a combined annual payroll of $1,563,579,000.

1,586

Businesses

29,760

Employees

$1.6B

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 226 14.3%
Health care and social assistance 222 14.0%
Retail trade 210 13.2%
Accommodation and food services 152 9.6%
Finance and insurance 130 8.2%
Other services (except public administration) 114 7.2%
Real estate and rental and leasing 109 6.9%
Construction 94 5.9%
Administrative and support and waste management and remediation services 80 5.0%
Wholesale trade 71 4.5%
Information 48 3.0%
Arts, entertainment, and recreation 30 1.9%
Transportation and warehousing 29 1.8%
Manufacturing 28 1.8%
Educational services 21 1.3%
Management of companies and enterprises 16 1.0%
Mining, quarrying, and oil and gas extraction 5 0.3%

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 40509 vs 40516 →

ZIP 40509 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 40509 ranks #3 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 40509 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 40509 ranks the highest 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
40516 Lexington, KY 2,877 5.0 mi
40515 Lexington, KY 33,595 5.7 mi
40502 Lexington, KY 25,709 5.9 mi
40517 Lexington, KY 35,227 6.2 mi
40505 Lexington, KY 26,040 6.1 mi
40506 Lexington, KY 2,802 7.2 mi
40507 Lexington, KY 1,757 7.4 mi
40508 Lexington, KY 23,569 7.7 mi
40511 Lexington, KY 31,798 10.9 mi

More ZIP Codes in Fayette County

40517 standard
Lexington, KY
Pop: 35,227
40515 standard
Lexington, KY
Pop: 33,595
40511 standard
Lexington, KY
Pop: 31,798
40503 standard
Lexington, KY
Pop: 28,003
40505 standard
Lexington, KY
Pop: 26,040
40502 standard
Lexington, KY
Pop: 25,709

Related Areas

Fayette County Lexington, KY Kentucky

Frequently Asked Questions

What county is ZIP code 40509 in? ▼
ZIP code 40509 (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 40509? ▼
ZIP code 40509 in Lexington, KY has a population of 32,364 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40509? ▼
The median household income in ZIP 40509 is $94,804, which is 24% above the national average of $76,288.
What is the average home value in ZIP 40509? ▼
The median home value in ZIP 40509 is $366,300, which is 32% above the national average of $278,155.
What is the demographic makeup of ZIP 40509? ▼
The largest racial group in ZIP 40509 is White at 65.0%. Hispanic or Latino residents make up 7.0% of the population.
How many businesses are in ZIP code 40509? ▼
ZIP code 40509 has 1,586 business establishments employing approximately 29,760 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40509? ▼
The top industries by establishment count in ZIP 40509 are: Professional, scientific, and technical services (226), Health care and social assistance (222), Retail trade (210). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 40509? ▼
According to the FHFA House Price Index, home values in ZIP 40509 increased by 8.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 133%. 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 40509? ▼
In ZIP code 40509, 71.9% of residents aged 25+ have a high school diploma or higher, and 57.4% 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 40509? ▼
The mean commute time for workers in ZIP code 40509 is 22.6 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 40509? ▼
In ZIP code 40509, approximately 60.7% of occupied housing units are owner-occupied and 39.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40509? ▼
The poverty rate in ZIP code 40509 is 8.4% 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.