Lexington, KY · standard

ZIP Code 40515

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

33,595
231/sq mi
$86,268
Median income
$340,500
Median home value
52.9%
Bachelor's or higher

The verdict

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

Top 31%
household income, US ZIPs
Top 28%
home value, US ZIPs
231
people per sq mi
61%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 40515 against every reporting US ZIP.

ZIP code 40515 is a densely settled ZIP (a standard USPS delivery area) in Lexington, Fayette County, Kentucky, with 33,595 residents across 145.7 square miles, a density of 231 people per square mile, in the New York time zone.

ZIP 40515 lands in the middle-income range, with a median household income of $86,268 (45% above the Kentucky average), while per-capita income is $48,950. Local economic indicators show a 7.5% poverty rate alongside 3.6% unemployment. Median home value sits at $340,500 (114% above the state average), median rent at $1,361 a month, and owner-occupancy at 60.5%.

This is a highly-educated ZIP: 52.9% of adults hold a bachelor's degree or higher, the median age is 37.3, and the average commute is 22 minutes. To put 40515 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Fayette County, for a geography-aware comparison.

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 40515

Top 5 sectors by establishment count in Lexington, KY

Which industries have the most business establishments in ZIP 40515.

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 40515, 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

33,595

Population

145.7

Area (sq mi)

231

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 40515?

37.3

Median Age

49.4%

Male

50.6%

Female

10.3%

Foreign-Born

White 76.6%
African American 10.6%
Asian 3.2%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 6.4%
Hispanic or Latino 6.1%

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?

$86,268

Median Household Income

+45% vs state

$48,950

Per Capita Income

7.5%

Poverty Rate

3.6%

Unemployment Rate

22.3 min

Mean Commute Time

How ZIP 40515 ranks nationally

Lexington, KY household income vs. every US ZIP code

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

$86,268 Top 31% higher than 69% 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 69.0%
Bachelor's Degree or Higher 52.9%

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

What does housing look like?

16,074

Total Housing Units

15,183

Occupied Units

891

Vacant Units

2.44

Avg Household Size

Occupancy Type

Owner 60.5%
Renter 39.5%

$340,500

Median Home Value

+114% vs state

$1,361

Median Rent

1992

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

+6.0%

YoY Change (2024)

244

HPI Index (2000 = 100)

+144%

Total Change Since 2000

Home values in ZIP 40515 have increased 6.0% over the past year (2024). Since 2000, this ZIP has seen +144% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.9% 159
2021 +11.4% 177
2022 +17.9% 208
2023 +10.5% 230
2024 +6.0% 244

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 474 business establishments in ZIP 40515, employing approximately 3,643 people with a combined annual payroll of $158,403,000.

474

Businesses

3,643

Employees

$158.4M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 77 16.2%
Health care and social assistance 67 14.1%
Construction 58 12.2%
Real estate and rental and leasing 49 10.3%
Other services (except public administration) 43 9.1%
Administrative and support and waste management and remediation services 39 8.2%
Retail trade 29 6.1%
Accommodation and food services 27 5.7%
Finance and insurance 22 4.6%
Transportation and warehousing 13 2.7%
Arts, entertainment, and recreation 12 2.5%
Wholesale trade 10 2.1%
Educational services 9 1.9%
Manufacturing 7 1.5%
Agriculture, forestry, fishing and hunting 4 0.8%
Mining, quarrying, and oil and gas extraction 3 0.6%

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 40515 vs 40509 →

ZIP 40515 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 40515 ranks #2 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 40515 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 40515 ranks #2 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
40509 Lexington, KY 32,364 5.7 mi
40517 Lexington, KY 35,227 6.1 mi
40502 Lexington, KY 25,709 7.6 mi
40505 Lexington, KY 26,040 10.0 mi
40516 Lexington, KY 2,877 10.7 mi
40506 Lexington, KY 2,802 9.0 mi
40503 Lexington, KY 28,003 8.9 mi
40507 Lexington, KY 1,757 9.9 mi
40508 Lexington, KY 23,569 10.2 mi
40504 Lexington, KY 25,655 11.0 mi

More ZIP Codes in Fayette County

Frequently Asked Questions

What county is ZIP code 40515 in?
ZIP code 40515 (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 40515?
ZIP code 40515 in Lexington, KY has a population of 33,595 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 40515?
The median household income in ZIP 40515 is $86,268, which is 13% above the national average of $76,288.
What is the average home value in ZIP 40515?
The median home value in ZIP 40515 is $340,500, which is 22% above the national average of $278,155.
What is the demographic makeup of ZIP 40515?
The largest racial group in ZIP 40515 is White at 76.6%. Hispanic or Latino residents make up 6.1% of the population.
How many businesses are in ZIP code 40515?
ZIP code 40515 has 474 business establishments employing approximately 3,643 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 40515?
The top industries by establishment count in ZIP 40515 are: Professional, scientific, and technical services (77), Health care and social assistance (67), Construction (58). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 40515?
According to the FHFA House Price Index, home values in ZIP 40515 increased by 6.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 144%. 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 40515?
In ZIP code 40515, 69.0% of residents aged 25+ have a high school diploma or higher, and 52.9% 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 40515?
The mean commute time for workers in ZIP code 40515 is 22.3 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 40515?
In ZIP code 40515, approximately 60.5% of occupied housing units are owner-occupied and 39.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 40515?
The poverty rate in ZIP code 40515 is 7.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.