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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 40517 zip code in Lexington, KY?
Detailed Demographic Statistics
The zip code 40517 is in Fayette county, is in the state of Kentucky. The total land area is 6.2 square miles and the water area is 0.0 square miles.
The zip 40517 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 37,500 in 2019 and 35,227 in 2010. This further breaks down to 17,538 males (46.8%) and 19,962 females (53.2%). The median age of residents is 32.4 years. The population density (people per square mile) is 6,073. This zip code has a combined total of 18,442 houses and condos. There are 10,590 rented appartments. 63% of residents rent versus the 63% of residents in the state who rent.
The average individual gross adjusted income is $36,068 and the average salary is $32,519. The estimated median household income of individuals is around $44,772. This zip code has a mean commute time to work of 21.7 minutes. The unemployment rate is 4.6%. 20.5% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 89.4. The educational breakdown is 92.0% have a high school education or higher, 34.0% have a bachelor's degree or higher, and 13.0% have some kind of profesional degree.
The average size of households is 2.2 people. Individuals who are single and have never been married are 42.7%, 36.0% are now married, 1.6% are separated, 4.6% are widowed, and 15.1% are divorced. The average yearly contribution amount given by people to charity was $2,847 versus the state average of $4,303. The percent of residents who gave to charity was 18.1%.
The estimated median value of houses and condos is $148,281. The median monthly owner costs of mortgage holders was $1,072, where as the costs for those who don't have a mortgage are $386. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,357. 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 $1,386. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $1,309. Reported taxable interest for persons was $712, dividends $3,015, capital gains +$6,880, and itemized deductions $15,440. The average earned income tax credit is $2,210. The percent of individuals that use a tax preparer is 48.4%. The total average income taxes paid by individuals was $6,000. Businesses reported an average profit of $8,226.Local Restaurants
Cheddar's Scratch Kitchen
3604 Walden Dr, Lexington, KY 40517
Ramsey's Diner
4053 Tates Creek Centre Dr, Lexington, KY 40517
Nearby Restaurants
Giuseppe's Ristorante Italiano
4456 Old Nicholasville Rd, Lexington, KY 40515 (1.5 miles away)
Drake's
3347 Tates Creek Rd, Lexington, KY 40502 (2.3 miles away)
Ketch Seafood Grill The
2012 Regency Rd, Lexington, KY 40503 (2.8 miles away)
Pho Saigon Noodle Grill
1555 E New Circle Rd Ste 162, Lexington, KY 40509 (3.4 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
