Interested in purchasing investment houses in the 40503 zip code in Lexington, KY?
The zip code 40503 is in Fayette county with a latitude of -84.534220000000 and longitude of 38.004680000000, is in the state of Kentucky. The average asking price of houses and condos is $189,449.00 and the average sale price was $158,051.00. this regions is classified as the Lexington metro area and is in the 859 area code. The location in degrees is 38° 0' 16.848" N, 84° 32' 3.192" W. The county F.I.P.S. is 21067. The total land area is 8.8 square miles and the water area is 0.0 square miles. The elevation in this area is 965 - 1001 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40503 is in county number 067 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 29,628 in 2019 and 28,003 in 2010. This further breaks down to 13,885 males (46.9%) and 15,743 females (53.1%). The median age of residents is 37.6 years. The population of the greater Lexington-Fayette, KY area is 466,177. The population density (people per square mile) is 3,349. This zip code has a combined total of 13,392 houses and condos. There are 3,984 rented appartments. 32% of residents rent versus the 32% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $55,659 and the average salary is $46,585. The median household income of individuals is $59,915.00 and the average is $66,640.00. This zip code has a mean commute time to work of 20.7 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 41.40% (Under $50,000), 35.30% ($50,000-$100,000), and 23.30% earn over $100,000. 11.1% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 89.7. The educational breakdown is 96.6% have a high school education or higher, 56.3% have a bachelor's degree or higher, and 26.6% have some kind of profesional degree.
This area has 12,264 households and the average size is 2.4 people. Individuals who are single and have never been married are 32.7%, 50.1% are now married, 0.9% are separated, 5.5% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $4,272 versus the state average of $4,303. The percent of residents who gave to charity was 31.6%.
The estimated median value of houses and condos is $214,294. The median monthly owner costs of mortgage holders was $1,343, where as the costs for those who don't have a mortgage are $461. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,826. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $1,257. The median housing property tax percent for residents with mortgages was 0.9% which amounted to an average tax amount of $1,860. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $1,759. Reported taxable interest for persons was $1,384, dividends $4,288, capital gains +$7,244, and itemized deductions $20,237. The average earned income tax credit is $1,787. The percent of individuals that use a tax preparer is 51.2%. The total average income taxes paid by individuals was $8,276. Businesses reported an average profit of $11,254.
Ketch Seafood Grill The
2012 Regency Rd, Lexington, KY 40503
Bella Notte
3715 Nicholasville Rd, Lexington, KY 40503
Smashing Tomato
3801 Mall Rd Ste 195, Lexington, KY 40503
Yamamoto Japanese Grill & Sushi
130 W Tiverton Way, Lexington, KY 40503
Butt Rubb BBQ
450 Southland Dr, Lexington, KY 40503
Saul Good Restaurant & Pub
3801 Mall Rd Ste 120, Lexington, KY 40503
Logan's Roadhouse
140 Rojay Dr, Lexington, KY 40503
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