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MapMap ViewLexington-Fayette, KY 40516 has a population of approximately 3,134 and experiences a population change rate of 31.35%. The population density is 89 / sq mi .
The median household income for Lexington-Fayette, KY 40516 is $81,150, with 1,051 households and an average household size of 2.56.
The median value of a home in Lexington-Fayette, KY 40516 is $260,900 with an appreciation rate of 16.40%. 81.89% of housing in the state is owned while 16.70% is rented.
The cost of living in Lexington-Fayette, KY 40516 is 95.5 %.
The unemployment rate in Lexington-Fayette, KY 40516 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 40516 is 6.00%, while the income tax rate is 5.00% .
School expenditures in Lexington-Fayette, KY 40516 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 23.7 degrees. The average rainfall is approximately 45.8 inches per year, with 8.6 inches of snow per year.
