Lexington-Fayette, KY 40508 has a population of approximately 26,686 and experiences a population change rate of -1.96%. The population density is 6,259.9 / sq mi .
Lexington-Fayette, KY 40508 has a population of approximately 26,686 and experiences a population change rate of -1.96%. The population density is 6,259.9 / sq mi .
The median household income for Lexington-Fayette, KY 40508 is $26,924, with 10,190 households and an average household size of 1.98.
The median value of a home in Lexington-Fayette, KY 40508 is $157,600 with an appreciation rate of 16.40%. 24.47% of housing in the state is owned while 61.86% is rented.
The cost of living in Lexington-Fayette, KY 40508 is 82.4 %.
The unemployment rate in Lexington-Fayette, KY 40508 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 40508 is 6.00%, while the income tax rate is 5.00% .
School expenditures in Lexington-Fayette, KY 40508 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 8.8 inches of snow per year.