Zip code 40508: Lexington, Kentucky

Q: What city is zip code 40508?

40508 is assigned to Lexington, Kentucky. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 40508 in?

40508 is in Fayette County, Kentucky.

Q: What is the population of 40508?

About 23,756 people live in 40508, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 40508?

The median household income in 40508 is $29,440.

Q: What zip codes are near 40508?

The closest zip codes to 40508 are 40507, 40598, 40504, 40506, 40526.

Residential delivery areaFayette CountyEastern Time

Population

23,756

Median household income

$29K

U.S. $81K

Median home value

$183K

U.S. $333K

Median rent

$959/mo

U.S. $1,413

Median age

23.5

U.S. 38.9

Land area

4.2 sq mi

5,647 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 40508

40508 is an urban zip code in Lexington, Kentucky (Fayette County), covering 4.2 sq mi of land. About 23,756 people live here, or 5,647 per square mile. The median resident is 23.5 years old, compared with 38.9 nationally.

The median household earns $29,440 a year, about 36% of the national median of $80,734. 37.2% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $182,800, or 6.2 years of median household income (U.S.: 4.1 years), which makes homes relatively expensive for local earners. 30% of occupied homes are lived in by their owners, and renters pay a median of $959 a month.

37% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 18.3 minutes each way, and 10% of workers work from home. The most common jobs among working residents are in office and administrative support; cleaning and personal care; and education.

How 40508 compares

Sorted from highest to lowest national percentile

Income inequality (Gini)0.585
99th
WeaknessU.S. 0.483 · KY 0.47721st of 715 in KY
Poverty rate37.2%
98th
WeaknessU.S. 12.5% · KY 16.1%83rd of 722 in KY
Unemployment rate9.8%
94th
WeaknessU.S. 5.2% · KY 4.9%97th of 719 in KY
Rent-burdened renters61.6%
87th
WeaknessU.S. 51.1% · KY 45.4%133rd of 634 in KY
Government workers20.7%
86th
U.S. 14.5% · KY 14.6%184th of 719 in KY
Population density5,647/sq mi
84th
U.S. 95/sq mi · KY 115/sq mi9th of 724 in KY
Housing vacancy12.9%
82nd
U.S. 10.1% · KY 10.3%339th of 719 in KY
Diversity index55.9
63rd
U.S. 61.4 · KY 32.520th of 724 in KY
Bachelor's degree or higher36.9%
60th
U.S. 35.7% · KY 27.6%64th of 723 in KY
Self-employed workers9.5%
53rd
U.S. 10% · KY 8.6%272nd of 719 in KY
Uninsured rate6.9%
51st
U.S. 8.4% · KY 6%210th of 723 in KY
Foreign-born residents9.7%
49th
U.S. 14.1% · KY 4.7%34th of 724 in KY
Tech workers2.5%
43rd
U.S. 3.8% · KY 2.2%126th of 719 in KY
Population23,756
37th
U.S. 334,922,499 · KY 4,534,82459th of 724 in KY
Work from home10.1%
35th
U.S. 15.1% · KY 10.2%199th of 719 in KY
Healthcare workers8%
28th
U.S. 9.7% · KY 10.5%458th of 719 in KY
Median home value$182,800
18th
U.S. $332,700 · KY $205,600186th of 642 in KY
Median gross rent$959
18th
U.S. $1,413 · KY $967116th of 467 in KY
Veterans3.2%
17th
U.S. 6.2% · KY 6.5%562nd of 724 in KY
Per capita income$24,962
8th
WeaknessU.S. $44,673 · KY $35,821477th of 722 in KY
Average commute18.3 min
7th
StrengthU.S. 26.4 min · KY 24 min586th of 624 in KY
Residents 65 and older9.2%
6th
U.S. 17.2% · KY 17.3%663rd of 724 in KY
Homeownership rate29.5%
4th
WeaknessU.S. 65.2% · KY 68.3%707th of 719 in KY
Broadband access79.3%
4th
WeaknessU.S. 91% · KY 88.6%562nd of 719 in KY
Residents under 1810.1%
2nd
U.S. 22% · KY 22.6%666th of 724 in KY
Median household income$29,440
1st
WeaknessU.S. $80,734 · KY $63,726602nd of 641 in KY
Median age23.5
1st
U.S. 38.9 · KY 39.1704th of 724 in KY
Median earnings per worker$24,226
1st
WeaknessU.S. $49,666 · KY $43,552656th of 700 in KY

Measure	40508	Fayette	KY	U.S.	National percentile	Rank in KY
Income inequality (Gini)Weakness	0.585	0.492	0.477	0.483	99th	21st of 715
Poverty rateWeakness	37.2%	14.9%	16.1%	12.5%	98th	83rd of 722
Unemployment rateWeakness	9.8%	4.9%	4.9%	5.2%	94th	97th of 719
Rent-burdened rentersWeakness	61.6%	49.7%	45.4%	51.1%	87th	133rd of 634
Government workers	20.7%	16.7%	14.6%	14.5%	86th	184th of 719
Population density	5,647/sq mi	1,141/sq mi	115/sq mi	95/sq mi	84th	9th of 724
Housing vacancy	12.9%	6.2%	10.3%	10.1%	82nd	339th of 719
Diversity index	55.9	52.1	32.5	61.4	63rd	20th of 724
Bachelor's degree or higher	36.9%	48.3%	27.6%	35.7%	60th	64th of 723
Self-employed workers	9.5%	9.1%	8.6%	10%	53rd	272nd of 719
Uninsured rate	6.9%	7.2%	6%	8.4%	51st	210th of 723
Foreign-born residents	9.7%	11.9%	4.7%	14.1%	49th	34th of 724
Tech workers	2.5%	2.7%	2.2%	3.8%	43rd	126th of 719
Population	23,756	323,725	4,534,824	334,922,499	37th	59th of 724
Work from home	10.1%	12.2%	10.2%	15.1%	35th	199th of 719
Healthcare workers	8%	11.8%	10.5%	9.7%	28th	458th of 719
Median home value	$182,800	$293,500	$205,600	$332,700	18th	186th of 642
Median gross rent	$959	$1,164	$967	$1,413	18th	116th of 467
Veterans	3.2%	5%	6.5%	6.2%	17th	562nd of 724
Per capita incomeWeakness	$24,962	$43,790	$35,821	$44,673	8th	477th of 722
Average commuteStrength	18.3 min	20.9 min	24 min	26.4 min	7th	586th of 624
Residents 65 and older	9.2%	14.7%	17.3%	17.2%	6th	663rd of 724
Homeownership rateWeakness	29.5%	53.8%	68.3%	65.2%	4th	707th of 719
Broadband accessWeakness	79.3%	92.5%	88.6%	91%	4th	562nd of 719
Residents under 18	10.1%	21%	22.6%	22%	2nd	666th of 724
Median household incomeWeakness	$29,440	$69,479	$63,726	$80,734	1st	602nd of 641
Median age	23.5	35.3	39.1	38.9	1st	704th of 724
Median earnings per workerWeakness	$24,226	$44,790	$43,552	$49,666	1st	656th of 700

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Under 5

5–17

44%

18–24

14%

25–34

35–44

45–54

11%

55–64

65–74

75+

Median age

23.5

Under 18

10.1%

65 and over

9.2%

Race and ethnicity

White63%
Black19%
Hispanic9%
Asian3%
Native American0.1%
Pacific Islander0%
Other0.4%
Multiracial6%

Diversity index

55.9

U.S. 61.4

Foreign-born

9.7%

U.S. 14.1%

Born in state

55.3%

Language spoken at home (households)

English only

86%

Spanish

Other Indo-European

Asian / Pacific

Other

Households

Households: 9,665
Average household size: 1.9
Family households: 35.1%
Married couples: 17.3%
Living alone: 45.8%
Veterans (of adults): 3.2%
Male / female: 45% / 55%

Income and poverty

Household income distribution

<$25k

41%

$25–50k

25%

$50–75k

14%

$75–100k

$100–150k

$150–200k

$200k+

Median household income

40508

$29,440

Fayette Co.

$69,479

Kentucky

$63,726

United States

$80,734

Per capita income

$24,962

U.S. $44,673

Poverty rate

37.2%

U.S. 12.5%

Households earning $150K+

7.5%

U.S. 23%

Income inequality (Gini)

0.585

U.S. 0.483

Housing

Median home value

40508

$182,800

Fayette Co.

$293,500

Kentucky

$205,600

United States

$332,700

Median gross rent

40508

$959

Fayette Co.

$1,164

Kentucky

$967

United States

$1,413

Types of housing

Single-family

44%

2–4 units

15%

5–19 units

18%

20+ units

21%

Mobile home

Boat, RV, van

0.1%

Housing units: 11,094
Owner-occupied: 29.5%
Vacant: 12.9%
Median year built: 1966
Median rooms: 4
Renters paying 30%+ of income: 61.6%
Renters paying 50%+ of income: 41.2%
Home value to income: 6.2× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

59%

Carpooled

Transit

Walked

18%

Bicycle

Worked from home

10%

Other

Commute time (one way)

<10 min

23%

10–19

42%

20–29

19%

30–44

45–59

60+

Average commute

18.3 min

U.S. 26.4 min

Unemployment

9.8%

U.S. 5.2%

In labor force

60%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Office and admin

13%

Cleaning and personal care

11%

Education

11%

Food service

Healthcare

Transportation and moving

Management

Sales

Construction and repair

Production

Business and finance

Engineering and science

Legal and social services

Arts, media and sports

Computer and math

Police and fire

Farming, fishing and forestry

0.1%

Industries

Education

20%

Health care and social assistance

12%

Restaurants and hotels

12%

Retail

Professional and technical services

Manufacturing

Admin, support and management

Finance, insurance and real estate

Other services

Transportation, warehousing and utilities

Arts and recreation

Construction

Public administration

Wholesale

Information

Agriculture and mining

0.6%

Median earnings per worker

$24,226

U.S. $49,666

Self-employed

9.5%

U.S. 10%

Government workers

20.7%

U.S. 14.5%

Nonprofit workers

11.6%

U.S. 8.8%

Median earnings by type of work

Type of work	40508	U.S.
Management, business, science and arts	$36,164	$74,888
Service	$15,386	$26,804
Sales and office	$22,567	$40,476
Construction and maintenance	$24,648	$49,199
Production and transportation	$26,115	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

14%

High school

24%

Some college

18%

Associate's

Bachelor's

20%

Graduate

17%

High school graduate or higher: 86.2%
Bachelor's degree or higher: 36.9%
Graduate or professional degree: 16.5%
Households with broadband: 79.3%
Cable, fiber or DSL: 61%
No internet access: 7.3%
Without health insurance: 6.9%
Limited-English households: 2.9%

Geography

City (USPS): Lexington
State: Kentucky
County: Fayette County
Center point: 38.0609° N, 84.5114° W
Land area: 4.2 sq mi
Water area: under 0.1 sq mi
Time zone: Eastern Time (UTC-5, UTC-4 in summer)
Zip type: Residential delivery area

Cities and towns within this zip

Lexington-Fayette100% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 40508

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
40507	Lexington, KY	1.3 mi	2,159	$41,329	$328,600
40598	Lexington, KY · PO box	1.5 mi	—	—	—
40504	Lexington, KY	2.2 mi	25,816	$46,055	$222,600
40506	Lexington, KY · PO box	2.2 mi	—	—	—
40526	Lexington, KY	2.2 mi	2,383	—	—
40536	Lexington, KY	2.2 mi	0	—	—
40505	Lexington, KY	2.9 mi	25,594	$58,206	$179,200
40512	Lexington, KY · PO box	3.1 mi	—	—	—
40522	Lexington, KY · PO box	3.1 mi	—	—	—
40523	Lexington, KY · PO box	3.1 mi	—	—	—
40524	Lexington, KY · PO box	3.1 mi	—	—	—
40533	Lexington, KY · PO box	3.1 mi	—	—	—

Zip codes like 40508 elsewhere

Matched on income, home values, age, density, education, housing and commuting

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Questions about 40508

What city is zip code 40508?

40508 is assigned to Lexington, Kentucky. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 40508 in?

40508 is in Fayette County, Kentucky.

What is the population of 40508?

About 23,756 people live in 40508, according to the Census Bureau's American Community Survey.

What time zone is 40508 in?

40508 is in Eastern Time.

What is the median household income in 40508?

The median household income in 40508 is $29,440.

What zip codes are near 40508?

The closest zip codes to 40508 are 40507, 40598, 40504, 40506, 40526.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 40508, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.