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Zip Code 40507 Map And Demographics

Home»Kentucky State»Fayette County»Lexington»Zip Code 40507
  • Population
    1,455
  • Density
    3,495 / sqml.
  • Med. Home Value
    $272,100
  • Med. Rent
    $541

Zip Code Rankings

The table shows the top 5 positions of zip code 40507 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
#93 Top Zip Codes With The Highest Percentage Of College Graduates 8.61%
#136 Top Zip Codes With The Highest Percentage Of People Who Walk To Work 28.76%
#194 Top Zip Codes With The Highest Percentage Of Poor Households 59.46%
#233 Top Zip Codes With The Highest Percentage Of English Language Spoken 97%
#234 Top Zip Codes With The Highest Owner-to-tenant Housing Occupied Ratio 1:4.76

Population breakdown by gender

Population in zip code 40507 is 1,455 residents | Male to Female ratio is 1:0.80 | Zip Code 40507 land area is 0.4163 sq. miles | Population density is 3,495.08 residents per square mile

Median age

  Median Age
Zip Code Median Age 41.6
Median Age - Male 39.5
Median Age - Female 46.2

Median age of zip code 40507 is 18.9% higher compared to nearby zip codes and 11.8% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 40507 is 17.2% higher compared to nearby zip codes and 10.3% higher compared to the United States male median age. Female zip code 40507 median age is 24.2% higher in comparison to nearby zip codes and 20% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 1153
Black or African American population 296
Asian population 0
American Indian and Alaska Native population 0
Native Hawaiian and other Pacific Islander population 0
Other population 0

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0% Czech 0.3%
Danish 0.3% Dutch 0.9%
English 9.8% French No Basque 1.6%
French Canadian 0% German 4.8%
Greek 0.4% Hungarian 0%
Irish 9.1% Italian 0.4%
Lithuanian 0% Norwegian 0.5%
Polish 0.5% Portuguese 0%
Russian 0.4% Scotch-Irish 4.4%
Scottish 4.5% Slovak 0.4%
Subsaharan African 0% Swedish 2.2%
Swiss 0.4% Ukrainian 0.5%
USA 4.1% Welsh 1.2%
West Indian No Hispanic Groups 0% Other Ancestries 25.8%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 223
Married couples 59.64%
Other couples 40.36%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 19.73% 59.46%
$30,000 and $50,000 13.45% 10.28%
$50,000 and $100,000 21.08% 13.29%
$100,000 and $200,000 42.6% 13.68%
$200,000 or more 3.14% 3.3%

Households by size

Household language

Language Spoken Percent
English language 97.92%
Spanish language 0.9%
Other European language 0%
Asian language 0%
Other language 1.18%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 1031
Detached housing units 13%
Attached housing units 4.17%
2 units 3.78%
3 - 4 units 4.75%
5 - 9 units 8.44%
10 - 19 units 6.4%
20 - 49 units 6.79%
50 or more units 51.02%
Mobile homes 1.65%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 55.74%
Use public transportation 5.92%
Use Motorcycle 0%
Use bicycle 0%
Walk to work 28.76%
Work at home 9.59%

School attendance

Attendance Percent
Attent Preschool programs 0%
Attend Public School 6.46%
Attend college undergraduate program 2.78%
Attent graduate studies 8.61%
Not enrolled in school 82.15%

Highest school attainment

Attainment Percent
Less then 9th grade 3.71%
Grade 9 to 12, no diploma 10.14%
High school diploma 14.76%
Some college, no degree 28.11%
Associate degree 5.32%
Bachelor's degree 25.7%
Graduate or professional degree 12.25%

Business Counts by Industry

Industry Type Count
Total of all sectors 659
Professional, Scientific, and Technical Services 228
Finance and Insurance 79
Other Services (except Public Administration) 66
Accommodation and Food Services 60
Real Estate and Rental and Leasing 48
Retail Trade 42
Health Care and Social Assistance 25
Administrative and Support and Waste Management and Remediation Services 22
Information 20
Arts, Entertainment, and Recreation 20
Wholesale Trade 11
Construction 9
Manufacturing 9
Educational Services 7
Transportation and Warehousing 4
Mining, Quarrying, and Oil and Gas Extraction 3
Management of Companies and Enterprises 3
Utilities 3

Real Estate

Metric Value
Housing occupied 80.05%
Housing vacant 19.95%
Housing occupied by owner 17.36%
Housing occupied by tenant 82.64%
Total Rented Units 852
Median Contract Gross Rent $474
Median Gross Rent $541
Median Home Value $272,100

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 40507 median gross rent is 14.14% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $410
1 Bedroom $490
2 Bedrooms $600
3 Bedrooms $810
4 Bedrooms $830
AVERAGE RENT $628

Average rent in zip code 40507 ($628.00) is 9.7% lower compared to nearby zip codes and 32.9% lower compared to the average rent in the US. The following illustrates how zip code 40507 rent compares to the nearby zip code rents by unit type: studio apartment rent is 8.9% lower, one bedroom apartment rent is 9.1% lower, two bedroom rent is 10.1% lower, three bedroom rent is 9.6% lower, four bedroom rent is 10.3% lower.

Housing units

Housing Unit Percent
Total housing units 1288
Detached housing units 15.22%
Attached housing units 3.34%
2 units 3.73%
3 - 4 units 5.59%
5 - 9 units 8.85%
10 - 19 units 6.13%
20 - 49 units 10.95%
50 or more units 44.88%
Mobile homes 1.32%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $840,500
Real estate taxes paid for units with a mortgage $773,900
Real estate taxes paid for units with no mortgage $66,600

Nearby Zip Code Income Per Capita Comparison

Compare Zip Codes

or compare zip code 40507 to other nearby zip codes.

Zip Codes Near 40507

Zip Code City County Distance
40508 Lexington Fayette 0.42 ml
40502 Lexington Fayette 2.06 ml
40505 Lexington Fayette 2.07 ml
40504 Lexington Fayette 2.4 ml
40516 Lexington Fayette 3.77 ml
40503 Lexington Fayette 3.77 ml
40517 Lexington Fayette 4.06 ml
40510 Lexington Fayette 5.46 ml
40514 Lexington Fayette 5.56 ml
40511 Lexington Fayette 5.99 ml