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Lexington-Fayette, KY 40514 has a population of approximately 15,682 and experiences a population change rate of 38.74%. The population density is 5,292.6 / sq mi .
The median household income for Lexington-Fayette, KY 40514 is $87,271, with 6,393 households and an average household size of 2.67.
The median value of a home in Lexington-Fayette, KY 40514 is $310,600 with an appreciation rate of 16.40%. 70.35% of housing in the state is owned while 27.72% is rented.
The cost of living in Lexington-Fayette, KY 40514 is 100.8 %.
The unemployment rate in Lexington-Fayette, KY 40514 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 40514 is 6.00%, while the income tax rate is 5.00% .
School expenditures in Lexington-Fayette, KY 40514 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 24.3 degrees. The average rainfall is approximately 46.3 inches per year, with 8.9 inches of snow per year.