ZIP Code 40517
standardSource:
Lexington · Fayette County · Kentucky
- Population
- 35,227
- Median income
- $53,670
- Median home value
- $216,900
- Bachelor's or higher
- 41.0%
- Land area
- 16.0 sq mi
2,203/sq mi
▼ 30% vs US
higher than 19% of US ZIPs
▼ 22% vs US
higher than 48% of US ZIPs
Median age 32.3
New York
ZIP code 40517 in Lexington, Kentucky has a population of 35,227. The median household income is $53,670, which is 30% below the national average. Median home value is $216,900, 22% below the US average. 41.0% of residents hold a bachelor's degree or higher.
ZIP code 40517 is classified by USPS as a standard delivery area and covers roughly 16.0 square miles in Lexington, Fayette County, Kentucky. The area is home to 35,227 residents, producing a population density of 2,203 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 40517 against Kentucky and the nation.
On the economic side, the median household income for ZIP 40517 sits at $53,670 (10% below the Kentucky average), while per-capita income is $35,316. The poverty rate stands at 21.6% and the unemployment rate at 7.1%. On housing, the median home value is $216,900 (36% above the state average) with median rent at $1,136 per month, and 35.7% of occupied units are owner-occupied, a direct signal of whether 40517 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 41.0% of adults hold a bachelor's degree or higher, the median age is 32.3, and the average commute is 23 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Fayette County, so you can benchmark 40517 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 40517
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 40517.
- Health care and social assistance
Health care and social assistance
104 establishments
- Retail trade
Retail trade
63 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
47 establishments
- Other services (except public administration)
Other services (except public administration)
45 establishments
- Construction
Construction
42 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, 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 40517, 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
35,227
Population
16.0
Area (sq mi)
2,203
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 40517?
32.3
Median Age
47.9%
Male
52.1%
Female
10.0%
Foreign-Born
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?
$53,670
Median Household Income
-10% vs state
$35,316
Per Capita Income
21.6%
Poverty Rate
7.1%
Unemployment Rate
23.4 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
18,518
Total Housing Units
17,301
Occupied Units
1,217
Vacant Units
2.05
Avg Household Size
Occupancy Type
$216,900
Median Home Value
+36% vs state
$1,136
Median Rent
1980
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
+2.7%
YoY Change (2024)
250
HPI Index (2000 = 100)
+150%
Total Change Since 2000
Home values in ZIP 40517 have increased 2.7% over the past year (2024). Since 2000, this ZIP has seen +150% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +6.5% | 166 |
| 2021 | +12.8% | 187 |
| 2022 | +12.9% | 211 |
| 2023 | +15.5% | 244 |
| 2024 | +2.7% | 250 |
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 508 business establishments in ZIP 40517, employing approximately 6,760 people with a combined annual payroll of $280,802,000.
508
Businesses
6,760
Employees
$280.8M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 104 | 20.5% |
| Retail trade | 63 | 12.4% |
| Real estate and rental and leasing | 47 | 9.3% |
| Other services (except public administration) | 45 | 8.9% |
| Construction | 42 | 8.3% |
| Professional, scientific, and technical services | 42 | 8.3% |
| Accommodation and food services | 41 | 8.1% |
| Finance and insurance | 39 | 7.7% |
| Administrative and support and waste management and remediation services | 37 | 7.3% |
| Wholesale trade | 13 | 2.6% |
| Arts, entertainment, and recreation | 12 | 2.4% |
| Transportation and warehousing | 7 | 1.4% |
| Information | 5 | 1.0% |
| Management of companies and enterprises | 4 | 0.8% |
| Educational services | 4 | 0.8% |
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 40517 vs 40502 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 40502 | Lexington, KY | 25,709 | 2.1 mi |
| 40506 | Lexington, KY | 2,802 | 3.2 mi |
| 40503 | Lexington, KY | 28,003 | 2.9 mi |
| 40507 | Lexington, KY | 1,757 | 4.4 mi |
| 40514 | Lexington, KY | 14,647 | 4.1 mi |
| 40508 | Lexington, KY | 23,569 | 4.6 mi |
| 40505 | Lexington, KY | 26,040 | 5.5 mi |
| 40504 | Lexington, KY | 25,655 | 4.9 mi |
| 40509 | Lexington, KY | 32,364 | 6.2 mi |
| 40515 | Lexington, KY | 33,595 | 6.1 mi |
More ZIP Codes in Fayette County
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Frequently Asked Questions
What county is ZIP code 40517 in? ▼
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What is the median household income in ZIP 40517? ▼
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What is the demographic makeup of ZIP 40517? ▼
How many businesses are in ZIP code 40517? ▼
What are the main industries in ZIP code 40517? ▼
How have home values changed in ZIP code 40517? ▼
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What is the average commute time in ZIP 40517? ▼
What percentage of residents own vs. rent in ZIP 40517? ▼
What is the poverty rate in ZIP code 40517? ▼
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.
Read our methodology , how this data is sourced, computed, and verified.