40507 ZIP Code – Lexington, Kentucky
40507 is a ZIP code serving Lexington, Kentucky in Fayette County with a population of approximately 2,057 residents. Residents earn a median household income of $45,000, which is below the Kentucky average and below the national figure. The median home value of $346,600 is above the national average, with 24.2% owner-occupied housing (decreasing). , with median rent coming in at $786 — below the national figure. Housing consists of 17% single-family (increasing), 76% apartments (increasing), 7% duplex/multi-family.
The unemployment rate is 1.2%, well below the national average. About 29.9% of residents live below the poverty line, well above the national rate. An estimated 53.7% of adults hold a bachelor's degree or higher, well above the national average. At 50.4, the median age is above the national figure. ZIP codes in the surrounding area include 40508, 40526, 40536.
ZIP Code 40507 Data
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ZIP 40507 vs. Kentucky vs. U.S.
| Metric | ZIP 40507 | KY Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 2,057 | 5,902 | 10k |
| Median Household Income | $45k | $55k | $73k |
| Median Home Value | $346k | $139k | $258k |
| Median Rent | $786 | $801 | $1,088 |
| Median Age | 50.4 | 42.4 | 43.2 |
| Unemployment Rate | 1.2% | 5.6% | 5.0% |
| Poverty Rate | 29.9% | 21.4% | 13.3% |
| Bachelor's Degree or Higher | 53.7% | 16.9% | 26.9% |
Demographics Charts
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Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 40508 – Lexington
- 40526 – Lexington
- 40536 – Lexington
- 40505 – Lexington
- 40502 – Lexington
- 40504 – Lexington
- 40503 – Lexington
- 40517 – Lexington
- 40514 – Lexington
- 40510 – Lexington
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 40508 | LEXINGTON | 25,518 | $27,711 |
| 40526 | LEXINGTON | 1,778 | Not provided |
| 40536 | LEXINGTON | Not provided | Not provided |
| 40505 | LEXINGTON | 25,969 | $56,957 |
| 40502 | LEXINGTON | 27,118 | $70,687 |