Lexington-Fayette, KY 40503 has a population of approximately 29,534 and experiences a population change rate of 7.71%. The population density is 3,338.7 / sq mi .
Lexington-Fayette, KY 40503 has a population of approximately 29,534 and experiences a population change rate of 7.71%. The population density is 3,338.7 / sq mi .
The median household income for Lexington-Fayette, KY 40503 is $67,269, with 12,543 households and an average household size of 2.29.
The median value of a home in Lexington-Fayette, KY 40503 is $282,000 with an appreciation rate of 16.40%. 59.77% of housing in the state is owned while 33.81% is rented.
The cost of living in Lexington-Fayette, KY 40503 is 96.6 %.
The unemployment rate in Lexington-Fayette, KY 40503 is 2.60%, and recent job growth is at 1.85%. Future job growth is projected at 40.30%.
The sales tax rate in Lexington-Fayette, KY 40503 is 6.00%, while the income tax rate is 5.00% .
School expenditures in Lexington-Fayette, KY 40503 are $14,980, and the school ratio is 13.5:1.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 23.8 degrees. The average rainfall is approximately 46.3 inches per year, with 8.9 inches of snow per year.