40502 ZIP Code – Lexington, Kentucky
Located in Lexington, Kentucky, ZIP code 40502 is a large ZIP code within Fayette County with a population of approximately 27,118 residents. Residents earn a median household income of $70,687, which is above the Kentucky average and near the national figure. The median home value of $453,400 is well above the national average, with 59.7% owner-occupied housing (stable). , with median rent coming in at $1,047 — near the national figure. Housing consists of 64% single-family (decreasing), 23% apartments (increasing), 12% duplex/multi-family.
The unemployment rate is 4.3%, near the national average. An estimated 10.9% of the population falls below the poverty line, below the national figure. 67.1% of adults hold a bachelor's degree or higher, well above the U.S. average. Residents have a median age of 39.5, near the U.S. median. Neighboring ZIP codes include 40526, 40536, 40517.
ZIP Code 40502 Data
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ZIP 40502 vs. Kentucky vs. U.S.
| Metric | ZIP 40502 | KY Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 27k | 5,902 | 10k |
| Median Household Income | $70k | $55k | $73k |
| Median Home Value | $453k | $139k | $258k |
| Median Rent | $1,047 | $801 | $1,088 |
| Median Age | 39.5 | 42.4 | 43.2 |
| Unemployment Rate | 4.3% | 5.6% | 5.0% |
| Poverty Rate | 10.9% | 21.4% | 13.3% |
| Bachelor's Degree or Higher | 67.1% | 16.9% | 26.9% |
Demographics Charts
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Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 40526 – Lexington
- 40536 – Lexington
- 40517 – Lexington
- 40507 – Lexington
- 40508 – Lexington
- 40503 – Lexington
- 40505 – Lexington
- 40504 – Lexington
- 40514 – Lexington
- 40509 – Lexington
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 40526 | LEXINGTON | 1,778 | Not provided |
| 40536 | LEXINGTON | Not provided | Not provided |
| 40517 | LEXINGTON | 36,263 | $50,429 |
| 40507 | LEXINGTON | 2,057 | $45,000 |
| 40508 | LEXINGTON | 25,518 | $27,711 |