ZIP Code 40511

standard

Source:

Lexington · Fayette County · Kentucky

Population
31,798

139/sq mi

Median income
$79,540

▲ 4% vs US

higher than 61% of US ZIPs

Median home value
$252,400

▼ 9% vs US

higher than 58% of US ZIPs

Bachelor's or higher
39.5%

Median age 35.1

Land area
229.4 sq mi

New York

ZIP code 40511 in Lexington, Kentucky has a population of 31,798. The median household income is $79,540, which is 4% above the national average. Median home value is $252,400, 9% below the US average. 39.5% of residents hold a bachelor's degree or higher.

ZIP code 40511 is classified by USPS as a standard delivery area and covers roughly 229.4 square miles in Lexington, Fayette County, Kentucky. The area is home to 31,798 residents, producing a population density of 139 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 40511 against Kentucky and the nation.

On the economic side, the median household income for ZIP 40511 sits at $79,540 (33% above the Kentucky average), while per-capita income is $38,798. The poverty rate stands at 14.7% and the unemployment rate at 4.4%. On housing, the median home value is $252,400 (59% above the state average) with median rent at $1,302 per month, and 61.1% of occupied units are owner-occupied, a direct signal of whether 40511 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 39.5% of adults hold a bachelor's degree or higher, the median age is 35.1, and the average commute is 20 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Fayette County, so you can benchmark 40511 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 40511

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 40511.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 40511, Lexington, KY · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

31,798

Population

229.4

Area (sq mi)

139

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 40511?

35.1

Median Age

50.3%

Male

49.7%

Female

15.6%

Foreign-Born

White 52.0%
African American 25.7%
Asian 3.4%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 13.4%
Hispanic or Latino 16.8%

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?

$79,540

Median Household Income

+33% vs state

$38,798

Per Capita Income

14.7%

Poverty Rate

4.4%

Unemployment Rate

20.4 min

Mean Commute Time

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

What is the education profile here?

High School Graduate or Higher 63.2%
Bachelor's Degree or Higher 39.5%

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

What does housing look like?

15,646

Total Housing Units

14,824

Occupied Units

822

Vacant Units

2.45

Avg Household Size

Occupancy Type

Owner 61.1%
Renter 38.9%

$252,400

Median Home Value

+59% vs state

$1,302

Median Rent

2003

Median Year Built

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

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+0.6%

YoY Change (2024)

232

HPI Index (2000 = 100)

+132%

Total Change Since 2000

Home values in ZIP 40511 have increased 0.6% over the past year (2024). Since 2000, this ZIP has seen +132% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.8% 158
2021 +10.6% 175
2022 +15.8% 202
2023 +13.7% 230
2024 +0.6% 232

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 1,028 business establishments in ZIP 40511, employing approximately 29,729 people with a combined annual payroll of $1,761,043,000.

1,028

Businesses

29,729

Employees

$1.8B

Annual Payroll

18

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 132 12.8%
Wholesale trade 113 11.0%
Retail trade 100 9.7%
Professional, scientific, and technical services 86 8.4%
Transportation and warehousing 77 7.5%
Accommodation and food services 77 7.5%
Construction 75 7.3%
Other services (except public administration) 72 7.0%
Real estate and rental and leasing 65 6.3%
Administrative and support and waste management and remediation services 65 6.3%
Manufacturing 54 5.3%
Finance and insurance 29 2.8%
Arts, entertainment, and recreation 27 2.6%
Information 20 1.9%
Management of companies and enterprises 13 1.3%
Agriculture, forestry, fishing and hunting 10 1.0%
Industries not classified 7 0.7%
Educational services 4 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 40511 vs 40505 →

ZIP Code City Population Distance
40505 Lexington, KY 26,040 5.2 mi
40507 Lexington, KY 1,757 6.1 mi
40508 Lexington, KY 23,569 5.9 mi
40502 Lexington, KY 25,709 8.3 mi
40506 Lexington, KY 2,802 7.4 mi
40504 Lexington, KY 25,655 7.2 mi
40517 Lexington, KY 35,227 10.4 mi
40516 Lexington, KY 2,877 7.7 mi
40503 Lexington, KY 28,003 9.4 mi
40510 Lexington, KY 1,928 8.1 mi

More ZIP Codes in Fayette County

Frequently Asked Questions

What county is ZIP code 40511 in?
ZIP code 40511 (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 40511?
ZIP code 40511 in Lexington, KY has a population of 31,798 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40511?
The median household income in ZIP 40511 is $79,540, which is 4% above the national average of $76,288.
What is the average home value in ZIP 40511?
The median home value in ZIP 40511 is $252,400, which is 9% below the national average of $278,155.
What is the demographic makeup of ZIP 40511?
The largest racial group in ZIP 40511 is White at 52.0%. Hispanic or Latino residents make up 16.8% of the population.
How many businesses are in ZIP code 40511?
ZIP code 40511 has 1,028 business establishments employing approximately 29,729 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40511?
The top industries by establishment count in ZIP 40511 are: Health care and social assistance (132), Wholesale trade (113), Retail trade (100). There are 18 industry sectors represented in total.
How have home values changed in ZIP code 40511?
According to the FHFA House Price Index, home values in ZIP 40511 increased by 0.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 132%. 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 40511?
In ZIP code 40511, 63.2% of residents aged 25+ have a high school diploma or higher, and 39.5% 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 40511?
The mean commute time for workers in ZIP code 40511 is 20.4 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 40511?
In ZIP code 40511, approximately 61.1% of occupied housing units are owner-occupied and 38.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40511?
The poverty rate in ZIP code 40511 is 14.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Lexington, KY

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.