40516 Zip Code (Lexington-Fayette, KY) Detailed Profile

Estimated zip code population in 2022: 2,763
Zip code population in 2010: 2,877
Zip code population in 2000: 2,386

Houses and condos: 1,100
Renter-occupied apartments: 156
March 2022 cost of living index in zip code 40516: 83.1 (low, U.S. average is 100)

Land area: 35.2 sq. mi.
Water area: 0.1 sq. mi.

Population density: 78 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $1,876 (0.8%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $2,345 (0.9%)

For population 25 years and over in 40516:

• High school or higher: 93.7%
• Bachelor's degree or higher: 40.6%
• Graduate or professional degree: 18.8%
• Unemployed: 0.9%
• Mean travel time to work (commute): 21.6 minutes

For population 15 years and over in 40516:

• Never married: 20.0%
• Now married: 60.1%
• Separated: 0.2%
• Widowed: 6.8%
• Divorced: 12.9%

• 
• • 2,13777.4%White
  • 34012.3%Black
  • 1736.3%Two or more races
  • 883.2%Hispanic or Latino
  • 120.4%Asian
  • 110.4%Some other race
  • 10.04%American Indian

Urban population: 941
Rural population: 1,821

Averages for the 2020 tax year for zip code 40516, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $88,672 (Individual Income Tax Returns)

Here:	$88,672
State:	$61,342

Salary/wage: $57,572 (reported on 80.3% of returns)

Here:	$57,572
State:	$50,827

(% of AGI for various income ranges: 1145.9% for AGIs below $25k, 3766.1% for AGIs $25k-50k, 6654.3% for AGIs $50k-75k, 9445.7% for AGIs $75k-100k, 18734.4% for AGIs $100k-200k, 72990.0% for AGIs over 200k)

Taxable interest for individuals: $2,532 (reported on 28.0% of returns)

This zip code:	$2,532
Kentucky:	$1,441

(% of AGI for various income ranges: 8.5% for AGIs below $25k, 21.8% for AGIs $25k-50k, 43.6% for AGIs $50k-75k, 128.6% for AGIs $75k-100k, 263.3% for AGIs $100k-200k, 2325.0% for AGIs over 200k)

Ordinary dividends: $11,512 (reported on 18.9% of returns)

Here:	$11,512
State:	$7,388

(% of AGI for various income ranges: 50.7% for AGIs below $25k, 51.4% for AGIs $25k-50k, 77.9% for AGIs $50k-75k, 182.9% for AGIs $75k-100k, 575.6% for AGIs $100k-200k, 9210.0% for AGIs over 200k)

Net capital gain/loss in AGI: +$27,000 (reported on 17.4% of returns)

Here:	+$27,000
State:	+$19,475

(% of AGI for various income ranges: 11.5% for AGIs below $25k, 17.1% for AGIs $25k-50k, 63.6% for AGIs $50k-75k, 405.7% for AGIs $75k-100k, 813.3% for AGIs $100k-200k, 25130.0% for AGIs over 200k)

Profit/loss from business: +$16,804 (reported on 19.7% of returns)

Here:	+$16,804
State:	+$11,386

(% of AGI for various income ranges: 152.6% for AGIs below $25k, 85.4% for AGIs $25k-50k, 130.7% for AGIs $50k-75k, 128.6% for AGIs $75k-100k, 853.3% for AGIs $100k-200k, 13385.0% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $37,308 (reported on 9.1% of returns)

40516:	$37,308
Kentucky:	$18,941

(% of AGI for various income ranges: 112.5% for AGIs $25k-50k, 383.6% for AGIs $50k-75k, 4027.8% for AGIs $100k-200k)

Total itemized deductions: $34,885 (reported on 9.8% of returns)

Here:	$34,885
State:	$32,473

(% of AGI for various income ranges: 882.9% for AGIs $50k-75k, 1392.2% for AGIs $100k-200k, 10230.0% for AGIs over 200k)

Charity contributions: $13,773 (reported on 8.3% of returns)

Here:	$13,773
State:	$13,472

(% of AGI for various income ranges: 245.0% for AGIs $50k-75k, 288.9% for AGIs $100k-200k, 4560.0% for AGIs over 200k)

Taxes paid: $7,838 (reported on 9.8% of returns)

40516:	$7,838
State:	$7,830

(% of AGI for various income ranges: 200.0% for AGIs $50k-75k, 364.4% for AGIs $100k-200k, 2055.0% for AGIs over 200k)

Earned income credit: $2,416 (reported on 14.4% of returns)

Here:	$2,416
State:	$2,336

(% of AGI for various income ranges: 118.1% for AGIs below $25k, 50.0% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 90.2%

Here:	90%
State:	94%

(% for various income ranges: 92.1% for AGIs below $25k, 91.7% for AGIs $25k-50k, 85.0% for AGIs $50k-75k, 90.9% for AGIs $75k-100k, 89.5% for AGIs $100k-200k, 87.5% for AGIs over 200k)

Averages for the 2012 tax year for zip code 40516, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $67,624 (Individual Income Tax Returns)

Here:	$67,624
State:	$50,814

Salary/wage: $52,198 (reported on 83.6% of returns)

Here:	$52,198
State:	$42,723

(% of AGI for various income ranges: 74.7% for AGIs below $25k, 81.7% for AGIs $25k-50k, 76.4% for AGIs $50k-75k, 77.0% for AGIs $75k-100k, 69.4% for AGIs $100k-200k, 42.2% for AGIs over 200k)

Taxable interest for individuals: $1,921 (reported on 32.0% of returns)

This zip code:	$1,921
Kentucky:	$1,381

(% of AGI for various income ranges: 0.7% for AGIs below $25k, 0.4% for AGIs $25k-50k, 0.8% for AGIs $50k-75k, 0.3% for AGIs $75k-100k, 1.2% for AGIs $100k-200k, 1.3% for AGIs over 200k)

Ordinary dividends: $4,496 (reported on 23.0% of returns)

Here:	$4,496
State:	$6,239

(% of AGI for various income ranges: 1.3% for AGIs below $25k, 0.6% for AGIs $25k-50k, 0.7% for AGIs $50k-75k, 0.9% for AGIs $75k-100k, 2.2% for AGIs $100k-200k, 2.0% for AGIs over 200k)

Net capital gain/loss in AGI: +$16,776 (reported on 17.2% of returns)

Here:	+$16,776
State:	+$11,336

(% of AGI for various income ranges: 0.4% for AGIs $50k-75k, 0.1% for AGIs $75k-100k, 5.6% for AGIs $100k-200k, 9.1% for AGIs over 200k)

Profit/loss from business: +$10,340 (reported on 16.4% of returns)

Here:	+$10,340
State:	+$10,862

(% of AGI for various income ranges: 8.5% for AGIs below $25k, 3.4% for AGIs $25k-50k, 3.3% for AGIs $50k-75k, 4.5% for AGIs $100k-200k)

Taxable individual retirement arrangement distribution: $14,533 (reported on 9.8% of returns)

40516:	$14,533
Kentucky:	$14,296

(% of AGI for various income ranges: 2.1% for AGIs below $25k, 2.7% for AGIs $25k-50k, 6.5% for AGIs $50k-75k, 3.3% for AGIs $100k-200k)

Total itemized deductions: $23,338 (20% of AGI, reported on 43.4% of returns)

Here:	$23,338
State:	$21,160

Here:	20.4% of AGI
State:	20.0% of AGI

(% of AGI for various income ranges: 13.4% for AGIs below $25k, 15.1% for AGIs $25k-50k, 15.5% for AGIs $50k-75k, 18.2% for AGIs $75k-100k, 15.4% for AGIs $100k-200k, 13.7% for AGIs over 200k)

Charity contributions: $4,773 (reported on 36.1% of returns)

Here:	$4,773
State:	$4,303

(% of AGI for various income ranges: 1.1% for AGIs below $25k, 1.7% for AGIs $25k-50k, 2.8% for AGIs $50k-75k, 3.0% for AGIs $75k-100k, 2.9% for AGIs $100k-200k, 2.7% for AGIs over 200k)

Taxes paid: $9,730 (reported on 43.4% of returns)

40516:	$9,730
State:	$8,496

(% of AGI for various income ranges: 2.5% for AGIs below $25k, 4.4% for AGIs $25k-50k, 5.4% for AGIs $50k-75k, 6.9% for AGIs $75k-100k, 7.2% for AGIs $100k-200k, 7.3% for AGIs over 200k)

Earned income credit: $2,324 (reported on 13.9% of returns)

Here:	$2,324
State:	$2,273

(% of AGI for various income ranges: 6.0% for AGIs below $25k, 0.6% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 62.3%

Here:	62%
State:	60%

(% for various income ranges: 55.8% for AGIs below $25k, 57.6% for AGIs $25k-50k, 64.7% for AGIs $50k-75k, 70.0% for AGIs $75k-100k, 71.4% for AGIs $100k-200k, 100.0% for AGIs over 200k)

Averages for the 2004 tax year for zip code 40516, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $59,837 (Individual Income Tax Returns)

Here:	$59,837
State:	$41,540

Salary/wage: $49,191 (reported on 85.0% of returns)

Here:	$49,191
State:	$36,432

(% of AGI for various income ranges: 78.7% for AGIs $10k-25k, 82.3% for AGIs $25k-50k, 83.1% for AGIs $50k-75k, 79.8% for AGIs $75k-100k, 52.8% for AGIs over 100k)

Taxable interest for individuals: $1,800 (reported on 46.5% of returns)

This zip code:	$1,800
Kentucky:	$1,571

(% of AGI for various income ranges: 3.3% for AGIs $10k-25k, 0.9% for AGIs $25k-50k, 0.8% for AGIs $50k-75k, 0.7% for AGIs $75k-100k, 1.4% for AGIs over 100k)

Taxable dividends: $3,574 (reported on 24.7% of returns)

Here:	$3,574
State:	$3,453

(% of AGI for various income ranges: 1.0% for AGIs $10k-25k, 0.6% for AGIs $25k-50k, 0.8% for AGIs $50k-75k, 1.7% for AGIs $75k-100k, 1.4% for AGIs over 100k)

Net capital gain/loss: +$23,167 (reported on 19.9% of returns)

Here:	+$23,167
State:	+$9,663

(% of AGI for various income ranges: 0.6% for AGIs $10k-25k, 0.1% for AGIs $25k-50k, 0.8% for AGIs $50k-75k, 1.0% for AGIs $75k-100k, 14.6% for AGIs over 100k)

Profit/loss from business: +$8,314 (reported on 14.8% of returns)

Here:	+$8,314
State:	+$9,233

(% of AGI for various income ranges: 4.5% for AGIs $10k-25k, 4.8% for AGIs $25k-50k, 0.8% for AGIs $50k-75k, 1.5% for AGIs $75k-100k, 1.2% for AGIs over 100k)

IRA payment deduction: $3,259 (reported on 2.4% of returns)

40516:	$3,259
Kentucky:	$2,955

Self-employed pension: $16,273 (reported on 1.0% of returns)

Here:	$16,273
Kentucky:	$14,996

Total itemized deductions: $20,497 (21% of AGI, reported on 45.9% of returns)

Here:	$20,497
State:	$17,474

Here:	20.7% of AGI
State:	21.0% of AGI

(% of AGI for various income ranges: 10.4% for AGIs $10k-25k, 14.4% for AGIs $25k-50k, 18.9% for AGIs $50k-75k, 19.0% for AGIs $75k-100k, 13.7% for AGIs over 100k)

Charity contributions deductions: $4,321 (4% of AGI, reported on 38.1% of returns)

Here:	$4,321
State:	$3,494

Here:	4.1% of AGI
State:	4.0% of AGI

(% of AGI for various income ranges: 1.6% for AGIs $10k-25k, 2.0% for AGIs $25k-50k, 2.5% for AGIs $50k-75k, 3.3% for AGIs $75k-100k, 3.0% for AGIs over 100k)

Total tax: $10,388 (reported on 78.8% of returns)

40516:	$10,388
State:	$6,162

(% of AGI for various income ranges: 4.0% for AGIs $10k-25k, 7.0% for AGIs $25k-50k, 8.3% for AGIs $50k-75k, 10.0% for AGIs $75k-100k, 19.3% for AGIs over 100k)

Earned income credit: $1,656 (reported on 10.9% of returns)

Here:	$1,656
State:	$1,723

Percentage of individuals using paid preparers for their 2004 taxes: 66.3%

Here:	66%
State:	66%

(% for various income ranges: 64.3% for AGIs below $10k, 66.5% for AGIs $10k-25k, 60.9% for AGIs $25k-50k, 67.6% for AGIs $50k-75k, 68.6% for AGIs $75k-100k, 76.9% for AGIs over 100k)

Nearest zip codes: 40509, 40505, 40511, 40502, 40507, 40506.
Lexington Fayette Zip Code Map

Likely homosexual households (counted as self-reported same-sex unmarried-partner households)

• Lesbian couples: 0.9% of all households
• Gay men: 0.4% of all households

Household received Food Stamps/SNAP in the past 12 months: 49
Household did not receive Food Stamps/SNAP in the past 12 months: 1,042

Women who had a birth in the past 12 months: 7 (7 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 415 (226 now married, 190 unmarried)

Housing units in zip code 40516 with a mortgage: 647 (98 second mortgage, 64 both second mortgage and home equity loan)
Houses without a mortgage: 16

Median monthly owner costs for units with a mortgage: $1,448
Median monthly owner costs for units without a mortgage: $542

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 40516 household income distribution in 2022

• 42Less than $10,000
• 19$10,000 to $14,999
• 29$15,000 to $19,999
• 44$20,000 to $24,999
• 24$25,000 to $29,999
• 14$30,000 to $34,999
• 50$35,000 to $39,999
• 31$40,000 to $44,999
• 21$45,000 to $49,999
• 66$50,000 to $59,999
• 89$60,000 to $74,999
• 204$75,000 to $99,999
• 72$100,000 to $124,999
• 148$125,000 to $149,999
• 108$150,000 to $199,999
• 118$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 40516

• 23Less than $10,000
• 8$15,000 to $19,999
• 7$35,000 to $39,999
• 20$40,000 to $49,999
• 25$70,000 to $79,999
• 3$80,000 to $89,999
• 19$90,000 to $99,999
• 21$100,000 to $124,999
• 48$125,000 to $149,999
• 90$150,000 to $174,999
• 133$175,000 to $199,999
• 88$200,000 to $249,999
• 150$250,000 to $299,999
• 97$300,000 to $399,999
• 36$400,000 to $499,999
• 73$500,000 to $749,999
• 37$750,000 to $999,999
• 35$1,000,000 to $1,499,999
• 35$1,500,000 to $1,999,999
• 20$2,000,000 or more

• Rent paid by renters in 2022 in zip code 40516

• 9$450 to $499
• 6$500 to $549
• 18$600 to $649
• 7$750 to $799
• 14$800 to $899
• 7$900 to $999
• 7$1,000 to $1,249
• 25$1,250 to $1,499
• 58No cash rent

Median gross rent in 2022: $1,058.

Median price asked for vacant for-sale houses and condos in 2022: $242,652.

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $212,448
• Black or African American householders: $245,269
• Two or more races householders: $245,269
• Hispanic or Latino householders: $445,945

Estimated median house or condo value in 2022: $237,778 Lower value quartile - upper value quartile: $169,020 - $384,860

Mean price in 2022:

Detached houses: $503,191

Here:	$503,191
State:	$256,452

Townhouses or other attached units: $62,052

Here:	$62,052
State:	$264,090

In 2-unit structures: $105,580

Here:	$105,580
State:	$211,203

Mobile homes: $40,849

Here:	$40,849
State:	$84,635

Housing units in structures:

• One, detached: 912
• One, attached: 71
• Two: 32
• Mobile homes: 78

Unemployment: 0.9%

• Means of transportation to work in zip code 40516

• 77.7%1,096Drove a car alone
• 4.3%61Carpooled
• 0.4%6Motorcycle
• 2.6%36Walked
• 1.7%24Other means
• 13.8%194Worked at home

• Travel time to work (commute) in zip code 40516

• 102Less than 5 minutes
• 405 to 9 minutes
• 14710 to 14 minutes
• 19815 to 19 minutes
• 25120 to 24 minutes
• 12725 to 29 minutes
• 23530 to 34 minutes
• 9835 to 39 minutes
• 1845 to 59 minutes
• 790 or more minutes

Percentage of zip code residents living and working in this county: 76.5%

Household type by relationship:

Households: 2,763

• Male householders: 528 (130 living alone), Female householders: 565 (206 living alone)

• 578 spouses (578 opposite-sex spouses), 104 unmarried partners, (95 opposite-sex unmarried partners), 822 children (622 natural, 126 adopted, 71 stepchildren), 23 grandchildren, 8 brothers or sisters, 14 parents, 0 foster children, 18 other relatives, 36 non-relatives

• In group quarters: 77 (-1 institutionalized population)

Size of family households: 381 2-persons, 74 3-persons, 85 4-persons, 51 5-persons, 57 6-persons, 23 7-or-more-persons

Size of nonfamily households: 336 1-person, 84 2-persons

641 married couples with children.
118 single-parent households (17 men, 101 women).

97.1% of residents of 40516 zip code speak English at home.
2.3% of residents speak Spanish at home (69% very well, 15% well, 15% not well).
0.2% of residents speak other Indo-European language at home (100% very well).
0.2% of residents speak Asian or Pacific Island language at home (100% well).

Facilities with environmental interests located in this zip code:

• BELLEWOOD PRESBYTERIAN HOME ALT SCH (4400 BRIAR HILL RD in LEXINGTON, KY)

  (National Center for Education Statistics) - STATE ID-034165026
  Organizations: FAYETTE COUNTY (SCHOOL DISTRICT)
  

• BOURBON AUTO PARTS & SERVICE (5000 BRYAN STATION RD in LEXINGTON, KY)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: MOTOR VEHICLE PARTS, USED
  

• MODEL AIRPLANE CLUB (4253 HEDGER LN in LEXINGTON, KY)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: MANAGEMENT SERVICES
  

• NORTH POINTE UNIT FIVE (PORTION OF EASTIN FARM in LEXINGTON, KY)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: MANAGEMENT SERVICES
  

• KY DEPT MILITARY AFFAIRS (BLDG 18, 5751 BRIAR HILL RD in LEXINGTON, KY)

  CRITERIA AND HAZARDOUS AIR POLLUTANT INVENTORY (Inventory of air pollution sources)
  Business SIC classification: NATIONAL SECURITY
  

Housing units lacking complete kitchen facilities: 1.1%

Population in 1990: 1,294. Population change in the 1990s: +1,092 (+84.4%).

Place of birth for U.S.-born residents:

• This state: 2,091
• Northeast: 119
• Midwest: 261
• South: 154
• West: 86

48% of the 40516 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 60% lived in this county.
   Out of people who lived in different counties, 50% lived in Kentucky.

92% of the 40516 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 86% moved from this county.
   Out of people who lived in different houses, 9% moved from different county within same state.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 28
Students in private schools in grades 9 to 12 (high school): Students in private undergraduate colleges: 7

Companies with federal contracts located in this zip code:

• L-3 COMMUNICATIONS CORPORATION (5749 BRIAR HILL RD in LEXINGTON, KY) : $1,008,718,880 in 2599 contracts from 2003 to 2006

  Contracts for Modification of Equipment -- Miscellaneous, Equipment and Materials Testing -- Aircraft and Airframe Structural Components, Maintenance, Repair and Rebuilding of Equipment -- Aircraft and Airframe Structural Components, Maintenance, Repair and Rebuilding of Equipment -- Aircraft Components and Accessories, and more by Department of Defense, U.S. Special Operations Command, Air Force
  Signed by year: 2000: $0; 2001: $0; 2002: $0; 2003: $185,038,650; 2004: $317,632,233; 2005: $367,706,585; 2006: $138,341,412.
  
  Biggest contracts:
  $40,412,509 with Department of Defense for Modification of Equipment -- Miscellaneous. Signed on 2005-05-31. Completion date: 2011-05-24.
  $30,411,824, same as above. Signed on 2005-02-24. Completion date: 2006-10-26.
  $29,278,832, same as above. Signed on 2005-06-30. Completion date: 2009-09-15.
  $15,509,278 with U.S. Special Operations Command for Modification of Equipment -- Miscellaneous. Signed on 2005-11-02. Completion date: 2011-10-14.
  

• RADIO EQUIPMENT CO , INC (5751 BRIAR HILL RD in LEXINGTON, KY; small business) : $171,267 in 2 contracts from 2000 to 2001

  $85,724 with Army for Oscillators and Piezoelectric Crystals. Signed on 2000-07-27. Completion date: 2001-06-18.
  $85,543, same as above. Signed on 2001-05-02. Completion date: 2002-01-28.
  

Top industries in this zip code by the number of employees in 2005:

• Health Care and Social Assistance: Nursing Care Facilities (20-49 employees: 1 establishment)
• Health Care and Social Assistance: Other Residential Care Facilities (10-19: 1, 5-9: 1)
• Administrative and Support and Waste Management and Remediation Services: Landscaping Services (10-19: 1, 1-4: 1)
• Other Services (except Public Administration): Religious Organizations (10-19: 1, 1-4: 1)
• Wholesale Trade: Recyclable Material Merchant Wholesalers (10-19: 1)
• Construction: Poured Concrete Foundation and Structure Contractors (10-19: 1)
• Construction: Electrical Contractors (5-9: 1)

Detailed HMDA statistics for the following Tracts: 0039.04


Detailed PMIC statistics for the following Tracts: 0039.04

2004 - 2018 National Fire Incident Reporting System (NFIRS) incidents

According to the data from the years 2004 - 2018 the average number of fires per year is 29. The highest number of fire incidents - 36 took place in 2006, and the least - 19 in 2018. The data has a dropping trend.
When looking into fire subcategories, the most reports belonged to: Mobile Property/Vehicle Fires (41.0%), and Outside Fires (40.0%).


• Fire incident types reported to NFIRS in Zip Code 40516
• 18141.0%Mobile Property/Vehicle Fires
• 17740.0%Outside Fires
• 7717.4%Structure Fires
• 71.6%Other

See full 2006 National Fire Incident Reporting System statistics for zip code 40516, Kentucky

Most common first names in zip code 40516 among deceased individuals
Name	Count	Lived (average)
William	13	79.4 years
James	11	69.0 years
Mary	5	73.0 years
Joseph	4	68.0 years
Helen	4	77.0 years
Thomas	4	64.8 years
Margaret	4	78.0 years
Robert	4	73.5 years
Virginia	4	88.5 years
Dorothy	3	80.3 years

Most common last names in zip code 40516 among deceased individuals
Last name	Count	Lived (average)
Spencer	6	71.3 years
Arnold	5	76.8 years
Smith	5	86.6 years
Brown	4	86.2 years
Jackson	4	63.8 years
Hall	3	85.0 years
Green	3	90.7 years
Johnson	3	80.4 years
Jones	3	79.0 years
Moore	3	68.0 years