ZIP Code 40516 — Lexington, KY

Fayette | 2024 Census Data

Key Takeaway

ZIP code 40516 in Lexington, KY has a population of 2,926 with a median household income of $84,510 and a median home value of $264,100 . The cost of living index is 93.7 (national average = 100).

Population & Age

Total Population
2,926
Median Age
38.70
Male
1,575
Female
1,351

Race & Ethnicity

White
76.5%
Black
18.2%
Hispanic
5.0%
Asian
1.1%
Native American
0.0%
Pacific Islander
0.0%
Two or More
2.8%
Other
1.3%

Income

Median Household
$84,510
Mean Household
$105,090
Per Capita
$43,141
Below Poverty
15.5%

Housing

Median Home Value
$264,100
Median Rent
$1,114
Total Units
1,204
Occupied
1,184
Owner Occupied
81.3%
Renter Occupied
18.7%
Median Year Built
1992
Vacant
20

Education

High School or Higher 95.4%
Bachelor's or Higher 38.2%
Graduate Degree 16.3%

Employment & Commuting

Labor Force
1,534
Unemployment
0.5%
Drive Alone
71.0%
Public Transit
0.0%
Work from Home
15.4%
Avg Commute
N/A

Cost of Living Index

93.7
National average = 100. Below average by 6.3%.

Nearby ZIP Codes

40505
Lexington
1.8 mi
40526
Lexington
3.4 mi
40507
Lexington
3.8 mi
40508
Lexington
3.8 mi
40502
Lexington
4.5 mi
40511
Lexington
5.8 mi
40504
Lexington
6.2 mi
40517
Lexington
6.2 mi
40509
Lexington
6.3 mi
40503
Lexington
7.3 mi
40510
Lexington
8.9 mi
40514
Lexington
9.1 mi

Other ZIP Codes in Lexington

40509
Pop: 47,036
40511
Pop: 38,176
40515
Pop: 37,384
40517
Pop: 35,656
40503
Pop: 27,451
40502
Pop: 26,122

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 40516?

ZIP code 40516 (Lexington, KY) has a total population of 2,926 according to the 2024 American Community Survey.

What is the median household income in ZIP code 40516?

The median household income in ZIP code 40516 is $84,510 per year, based on 2024 Census Bureau data.

What city is ZIP code 40516 in?

ZIP code 40516 is primarily located in Lexington, Kentucky (KY).

What is the median home value in ZIP code 40516?

The median home value in ZIP code 40516 is $264,100, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 40516?

The median age in ZIP code 40516 is 38.70 years, compared to the national median of 38.9 years.