40508 ZIP Code – Lexington, Kentucky
40508 is a ZIP code serving Lexington, Kentucky in Fayette County with a population of approximately 25,518 residents. The median household income is $27,711 — well below the Kentucky average and well below the national average. Homes in this ZIP code have a median value of $148,800, well below the national average, with 29.5% owner-occupied housing (increasing). ; median rent of $892 is similarly below the national average. Housing consists of 44% single-family (increasing), 40% apartments (decreasing), 14% duplex/multi-family.
At 9.4%, the unemployment rate is well above the national figure. The poverty rate of 37.4% is well above the U.S. average. An estimated 35.8% of adults hold a bachelor's degree or higher, above the national average. The population has a median age of 23.7, well below the national median. Nearby ZIP codes include 40507, 40526, 40536.
ZIP Code 40508 Data
See more demographics for:
ZIP 40508 vs. Kentucky vs. U.S.
| Metric | ZIP 40508 | KY Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 25k | 5,902 | 10k |
| Median Household Income | $27k | $55k | $73k |
| Median Home Value | $148k | $139k | $258k |
| Median Rent | $892 | $801 | $1,088 |
| Median Age | 23.7 | 42.4 | 43.2 |
| Unemployment Rate | 9.4% | 5.6% | 5.0% |
| Poverty Rate | 37.4% | 21.4% | 13.3% |
| Bachelor's Degree or Higher | 35.8% | 16.9% | 26.9% |
Demographics Charts
Race & Ethnicity
Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 40507 – Lexington
- 40526 – Lexington
- 40536 – Lexington
- 40504 – Lexington
- 40505 – Lexington
- 40502 – Lexington
- 40503 – Lexington
- 40517 – Lexington
- 40510 – Lexington
- 40514 – Lexington
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 40507 | LEXINGTON | 2,057 | $45,000 |
| 40526 | LEXINGTON | 1,778 | Not provided |
| 40536 | LEXINGTON | Not provided | Not provided |
| 40504 | LEXINGTON | 26,408 | $44,500 |
| 40505 | LEXINGTON | 25,969 | $56,957 |