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Zip Code 40502 Map And Demographics

Home»Kentucky State»Fayette County»Lexington»Zip Code 40502
  • Population
    26,508
  • Density
    3,681 / sqml.
  • Med. Home Value
    $298,100
  • Med. Rent
    $750

Zip Code Rankings

The table shows the top 5 positions of zip code 40502 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#569 Top Zip Codes With The Highest Percentage Of People Who Ride Bicycles To Work 2.77%
#641 Top Zip Codes With The Highest Percentage Of College Graduates 3.80%
#863 Top Zip Codes With The Highest Percentage Of College Undergrads 11.83%
#1,102 Top Zip Codes With The Highest Percentage Of Wealthy Families 19.19%
#1,384 Top Zip Codes With The Highest Income Per Capita $44,609.00

Population breakdown by gender

Population in zip code 40502 is 26,508 residents | Male to Female ratio is 1:1.06 | Zip Code 40502 land area is 7.2015 sq. miles | Population density is 3,680.90 residents per square mile

Median age

  Median Age
Zip Code Median Age 39.3
Median Age - Male 38.8
Median Age - Female 39.9

Median age of zip code 40502 is 9.8% higher compared to nearby zip codes and 5.6% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 40502 is 12.5% higher compared to nearby zip codes and 8.4% higher compared to the United States male median age. Female zip code 40502 median age is 6.4% higher in comparison to nearby zip codes and 3.6% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 23799
Black or African American population 1471
Asian population 629
American Indian and Alaska Native population 60
Native Hawaiian and other Pacific Islander population 57
Other population 73

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0.8% Czech 0.2%
Danish 0.2% Dutch 1.6%
English 18.7% French No Basque 2.9%
French Canadian 0.6% German 16.7%
Greek 0.6% Hungarian 0.7%
Irish 15.1% Italian 2.8%
Lithuanian 0.2% Norwegian 0.4%
Polish 1.5% Portuguese 0.1%
Russian 0.3% Scotch-Irish 5.3%
Scottish 4% Slovak 0.2%
Subsaharan African 0.5% Swedish 1%
Swiss 0.7% Ukrainian 0.2%
USA 9.7% Welsh 1.4%
West Indian No Hispanic Groups 0% Other Ancestries 15.5%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 6295
Married couples 79.89%
Other couples 20.11%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 13.9% 28.12%
$30,000 and $50,000 10.68% 17.58%
$50,000 and $100,000 25.66% 25.57%
$100,000 and $200,000 30.58% 18.58%
$200,000 or more 19.19% 10.15%

Households by size

Household language

Language Spoken Percent
English language 93.69%
Spanish language 1.86%
Other European language 2.69%
Asian language 1.51%
Other language 0.25%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 12425
Detached housing units 58.01%
Attached housing units 6.09%
2 units 4.61%
3 - 4 units 7.48%
5 - 9 units 6.2%
10 - 19 units 8.69%
20 - 49 units 5.07%
50 or more units 3.62%
Mobile homes 0.22%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 88.53%
Use public transportation 2.02%
Use Motorcycle 0.08%
Use bicycle 2.77%
Walk to work 3.63%
Work at home 2.98%

School attendance

Attendance Percent
Attent Preschool programs 2.2%
Attend Public School 12.11%
Attend college undergraduate program 11.83%
Attent graduate studies 3.8%
Not enrolled in school 70.06%

Highest school attainment

Attainment Percent
Less then 9th grade 1.88%
Grade 9 to 12, no diploma 4.56%
High school diploma 11.46%
Some college, no degree 22.21%
Associate degree 5.3%
Bachelor's degree 41.9%
Graduate or professional degree 12.68%

Business Counts by Industry

Industry Type Count
Total of all sectors 650
Professional, Scientific, and Technical Services 102
Retail Trade 87
Health Care and Social Assistance 75
Other Services (except Public Administration) 67
Real Estate and Rental and Leasing 60
Finance and Insurance 54
Accommodation and Food Services 48
Construction 43
Administrative and Support and Waste Management and Remediation Services 28
Wholesale Trade 22
Manufacturing 19
Educational Services 10
Information 10
Arts, Entertainment, and Recreation 10
Management of Companies and Enterprises 5
Utilities 4
Transportation and Warehousing 4
Agriculture, Forestry, Fishing and Hunting 1
Mining, Quarrying, and Oil and Gas Extraction 1

Real Estate

Metric Value
Housing occupied 88.93%
Housing vacant 11.07%
Housing occupied by owner 57.99%
Housing occupied by tenant 42.01%
Total Rented Units 5220
Median Contract Gross Rent $643
Median Gross Rent $750
Median Home Value $298,100

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 40502 median gross rent is 16.64% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $450
1 Bedroom $540
2 Bedrooms $670
3 Bedrooms $900
4 Bedrooms $930
AVERAGE RENT $698

Average rent in zip code 40502 ($698.00) is 6.5% lower compared to nearby zip codes and 25.4% lower compared to the average rent in the US. The following illustrates how zip code 40502 rent compares to the nearby zip code rents by unit type: studio apartment rent is 7% lower, one bedroom apartment rent is 6.9% lower, two bedroom rent is 6.3% lower, three bedroom rent is 6.5% lower, four bedroom rent is 6.1% lower.

Housing units

Housing Unit Percent
Total housing units 13972
Detached housing units 55.63%
Attached housing units 6.62%
2 units 4.75%
3 - 4 units 7.29%
5 - 9 units 6.43%
10 - 19 units 9.38%
20 - 49 units 6.41%
50 or more units 3.31%
Mobile homes 0.19%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $21,213,600
Real estate taxes paid for units with a mortgage $14,838,200
Real estate taxes paid for units with no mortgage $6,375,400

Nearby Zip Code Income Per Capita Comparison

Compare Zip Codes

or compare zip code 40502 to other nearby zip codes.

Zip Codes Near 40502

Zip Code City County Distance
40517 Lexington Fayette 2.06 ml
40507 Lexington Fayette 2.06 ml
40508 Lexington Fayette 2.48 ml
40503 Lexington Fayette 3.04 ml
40504 Lexington Fayette 3.26 ml
40505 Lexington Fayette 3.28 ml
40516 Lexington Fayette 4.46 ml
40514 Lexington Fayette 4.67 ml
40509 Lexington Fayette 6.46 ml
40513 Lexington Fayette 6.48 ml