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AREA INFORMATION

40507 (Lexington, KY)

Explore the real estate in 40507 (Lexington, KY)

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Area Highlights

40507 (Lexington, KY) residents have a median age of 39.2 years old, with employment highest in the food and protective services industries.

2,394 Population

1,519 Households

$29,270 /yr
Median Household Income

$325,000
Median Home Sale Price

12m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

39.2 Median Age

Average Household Size

1.5
persons per
household

13.4%

Married Households

Community Population By Education

Bachelors Degree 27%
Some College 22%
Graduate Degree 20%
High School Graduate 17%
Some High School 11%
Associates Degree 4%

Household Family Expenses vs National Average

11.3% of households have children

Area Schools

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Economics

$29,270 /yr
Median Household Income
$325,000
Median Sales Price
12 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 42%
  • Work from Home 38%
  • Walk or Bike 16%
  • Public Transit 3%

Occupancy by Type

Rented 1,175 66%
Owned 344 19%
Vacant 274 15%

White vs Blue Collar Jobs







White Collar 85%
Blue Collar 15%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 69%
Black 19%
Hispanic 5%
Other 3%
Asian 2%
Native American <1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

87° July
Hottest Average Month
24° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
24°
42°
Feb
26°
46°
Mar
34°
56°
Apr
44°
66°
May
53°
75°
Jun
61°
83°
Jul
65°
87°
Aug
64°
86°
Sep
57°
80°
Oct
45°
69°
Nov
36°
56°
Dec
28°
45°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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