ZIP Code 40508 Demographics & Data

Insights on Lexington, KY (ZIP Code 40508)

Kentucky

Demographics Data and In-depth Information About 40508

The 40508 ZIP Code is associated with the city of Lexington in Kentucky in Fayette County in the United States. The current population estimate is 25,766. Median househould income in this region is $25,758, while about 29% of the population lives below the poverty line. The ZIP Code 40508 has a median age of approximately 22.9 years, with 9.6% of residents aged 62 years and older. An estimated 29.6% in this Kentucky region have a bachelor's degree or higher, and the per capita income is approximately $16,568.

Population in 40508

The most recent population estimate for ZIP Code 40508 is 25,766.

Lexington, KY

The 40508 ZIP Code is associated with Lexington, KY in Fayette County.

Area Codes associated with 40508

Telephone area codes associated with ZIP Code 40508 include 502, and 859.

Sunrise / Sunset in 40508

Sunrise: 8:05 am
Sunset: 6:37 pm
Sunrise in 40508 8:05 am
Sunrise in 40508 6:37 pm

Weather forecast for 40508

Overnight's forecast for 40508: Clear, with a low around 43. South wind around 5 mph.

Current air quality in 40508

Air quality: Good Air quality scale in 40508 Good

Internet in 40508

Approximately 87.4% of households in ZIP Code 40508 have a computer, while about 72.2% of households have broadband Internet service.

Gender in 40508

Females make up an estimated 52.1% of the overall population in ZIP Code 40508, while males comprise about 47.9%.

Health Insurance in 40508

Approximately 8.7% of adults aged 18 to 64 in ZIP Code 40508 (Lexington, KY) are currently uninsured and do not have health insurance.

Income in ZIP Code 40508

The median household income in ZIP Code 40508 is $25,758, while the region's mean household income is $41,337. Breaking income down further, per capita income in the region is $16,568. The per capita income in ZIP Code 40508 of $16,568 is approximately 41.2% less than the per capita income in the U.S. overall of $28,178. An estimated 29.0% of the population is living below the poverty line in this region. This rate is approximately205.26% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 20.2% of the population in 40508 earn less than $10,000 per year, while an estimated 18.6% earn $15,000 to $24,999 per year, and 0.8% of 40508 residents earn $150,000 to $199,999 per year.

Household Income Details

Bar chart displaying household income in ZIP Code 40508. This visualizes the percentage of households in this region that fall within different income ranges, e.g. $100,000 to $149,999 per year.

Total Income in 40508

Household Income Percent
Less than $10,000 per year 20.2%
$10,000 to $14,999 per year 10.0%
$15,000 to $24,999 per year 18.6%
$25,000 to $34,999 per year 14.5%
$35,000 to $49,999 per year 13.5%
$50,000 to $74,999 per year 11.1%
$75,000 to $99,999 per year 4.5%
$100,000 to $149,999 per year 4.3%
$150,000 to $199,999 per year 0.8%
$200,000 or more per year 2.6%

Race & Ethnicity in ZIP Code 40508

Looking at race in the population that makes up ZIP Code 40508, 94.5% is one race, while 5.5% are two or more races. Approximately 6.2% of 40508 residents are hispanic or Latino (of any race). The most common race in 40508 (race alone or in combination with one or more other races), is White (64.1%), followed by Black or African American (32.2%) .

Race Breakdown Details

Bar chart displaying the racial composition of ZIP Code 40508. This visualizes the percentage of the population of each race (race alone or in combination with one or more other races).

Racial Composition of 40508

Industry Percent
White 64.1%
Black or African American 32.2%
American Indian and Alaska Native 1.2%
Asian 5.5%
Native Hawaiian and Other Pacific Islander 0.4%
Some other race 3.1%
* Race alone or in combination with one or more other races

Age Breakdown in ZIP Code 40508

Residents of ZIP Code 40508 are younger than average. The median age of 22.9 years in ZIP Code 40508 is approximately 39.9% lower than the overall median age in the U.S. of 38.1 years. About 87.8% of residents are aged 18 years and older, and 9.6% of residents are 62 years and over. Approximately 27.4% of the population in 40508 falls in the age group 20 to 24 years, while an estimated 19.3% are aged 15 to 19 years. On the low end of the scale, 0.7% of 40508 residents are aged 85 years and over.

Age Breakdown Details

Bar chart displaying the age breakdown in ZIP Code 40508. This visualizes the percentage of the population in the region that falls into certain age ranges, e.g. 35 to 44 years old.

Age Breakdown in 40508

Age Range Percent
Under 5 years 3.2%
5 to 9 years 3.4%
10 to 14 years 3.6%
15 to 19 years 19.3%
20 to 24 years 27.4%
25 to 34 years 13.1%
35 to 44 years 7.8%
45 to 54 years 6.4%
55 to 59 years 4.5%
60 to 64 years 3.8%
65 to 74 years 5.4%
75 to 84 years 1.5%
85 years and over 0.7%

Language Breakdown in ZIP Code 40508

In ZIP Code 40508, 88.4% of the population lists "English only" as the language spoken in home, while 4.7% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 2.2% of homes, and other Indo-European languages are spoken in 2.7% of homes. Lastly, 2.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Fayette County region.

Language Spoken in 40508

Language Spoken Percent
English only 88.4%
Spanish 4.7%
Other Indo-European languages 2.2%
Asian and Pacific Islander languages 2.7%
Other languages 2.0%
* Population 5 years and over

Language Spoken in Home

Bar chart displaying the language spoken in homes in ZIP Code 40508. This visualizes the percentage of homes in the area that list a specific language as being spoken in the home, e.g. Spanish.

Real Estate & Housing in ZIP Code 40508

Regarding the age of homes in ZIP Code 40508, an estimated 33.8% of homes were built in 1939 or earlier. Additionally, 13.9% of homes in the region were built between 2000 and 2009, while an estimated 2.3% of homes were built in 2014 or later in this Fayette County region.

Age of Housing in 40508

Year Home Built Percent
Built in 2014 or later 2.3%
Built between 2010 and 2013 6.2%
Built between 2000 and 2009 13.9%
Built between 1990 and 1999 5.8%
Built between 1980 and 1989 8.0%
Built between 1970 and 1979 8.5%
Built between 1960 and 1969 8.4%
Built between 1950 and 1959 6.7%
Built between 1940 and 1949 6.5%
Built in 1939 or earlier 33.8%

Housing Age Breakdown

">Bar chart displaying the breakdown on housing ages in ZIP Code 40508. This visualizes the percentage of homes in the region that were built in a certain time frame, e.g. built between 1950 and 1959.

Education levels in ZIP Code 40508

In ZIP Code 40508, 80.1% of the population graduated high school, while 29.6% have a bachelor's degree or higher. In this region, 6.4% achieved an education level less than 9th grade, while 13.2% hold a graduate or professional degree. Approximately 23.1% in this Fayette County region reached the highest level of high school graduate (including equivalency).

Education Attained in 40508

Education Level Percent
Less than 9th grade 6.4%
9th to 12th grade, no diploma 13.5%
High school graduate (includes equivalency) 23.1%
Some college, no degree 21.4%
Associate's degree 6.0%
Bachelor's degree 16.4%
Graduate or professional degree 13.2%

Education Level Details

Pie chart displaying the education level breakdown in ZIP Code 40508. This visualizes the percentage of the population that has attained a specific level of education, e.g. a graduate or professional degree.

Chronic Health Issues in ZIP Code 40508 [4]

Chronic Health Issues Breakdown

Bar chart displaying a breakdown of chronic health issues in ZIP Code 40508. This visualizes the percentage of adults aged 18 and above that have specific chronic health issues, e.g. high blood pressure, diabetes, or arthritis.

Health Issues in 40508

Health Issue Percent of adults*
* aged 18 & above

Health Risk Behaviors & Prevention in 40508 [4]

One of the top preventative health measures in ZIP Code 40508 is current access to health insurance, as an estimated 91.3% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 40508 list , as a preventive measure.

Preventative Health in 40508

Preventive Measure Percent of adults*
Current access to health insurance 91.3%
* aged 18 & above

Preventative Health Measures

Bar chart displaying preventative health data in ZIP Code 40508. This visualizes the percentage of adults aged 18 and above that engage in preventative health measures, e.g. sholesterol screenings and visits to doctors for routine checkups.

Health Risk Behaviors Details

Bar chart displaying health risk behaviors details in ZIP Code 40508. This visualizes the percentage of adults aged 18 and older that engage in health risk behaviors, e.g. smoking or binge drinking.

Health Risk Behaviors in 40508

Risk Behavior Percent of adults*
* aged 18 & above

Utilities in ZIP Code 40508 [6]

Regarding solar power potential, ZIP Code 40508 has an average daily solar radiation level of 4.93 kWh/m2/day. This is approximately 19.66% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 25.19% less than an area in the U.S. with historically high solar radiation levels (AZ).

Electricity Breakdown Details

Bar chart displaying the electricity rates breakdown in ZIP Code 40508. This visualizes electricity rates in 40508 compared to rates in the state and rates in the U.S. as a whole.

Electricity Rates in 40508

Region Residential Commercial Industrial
ZIP Code 40508 8.24¢/kWh 8.09¢/kWh 5.43¢/kWh
Kentucky 12.68¢/kWh 11.6¢/kWh 6.74¢/kWh
United States 16.63¢/kWh 13.39¢/kWh 8.72¢/kWh

Solar Power in 40508

Month ZIP Code 40508 Low (WA) High (AZ)
Jan 3.46 1.9 5.84
Feb 4.05 3 6.31
Mar 4.86 3.65 7.02
Apr 5.49 5.13 7.3
May 5.61 5.17 7.13
Jun 5.76 5.72 6.95
Jul 5.58 6.22 6.51
Aug 5.93 6.08 6.65
Sep 5.94 5.15 7.02
Oct 4.96 3.32 6.92
Nov 4.14 2.33 5.99
Dec 3.43 1.78 5.46
All figures listed are kWh/m2/day — kilowatt hours per square meter per day

Solar Radiation Levels

Line chart displaying solar radiation levels in ZIP Code 40508. This visualizes solar power levels in 40508 compared to radiation levels in both a historically low radiation state (WA) and a historically high radiation state (AZ).

Consumer Financial Products Complaints in 40508 [5]

Regarding consumer complaints about financial products in ZIP Code 40508, credit reporting or credit repair services have received the most complaints in 40508 in the past 12 months. Credit reporting or other personal consumer reports received the second most complaints. The most frequent complaint overall in this Fayette County region was incorrect information on a report.

Consumer Complaints (Products)

Pie chart displaying the specific consumer financial products associated with complaints that originated from residents in ZIP Code 40508. This visualizes the specific products that were the subject of complaints, e.g. a mortgage or a credit card.

Consumer Complaints by Product in 40508

Complaint Product Number of Complaints*
Credit reporting or credit repair services 21
Credit reporting or other personal consumer reports 15
Checking or savings account 13
Debt collection 8
Credit card 2
Other 5
* Total in 2021

Consumer Complaints by Issue in 40508

Complaint Issue Number of Complaints*
Incorrect information on your report 14
Improper use of your report 11
Managing an account 9
Problem with a credit reporting company's investigation 8
Attempts to collect debt not owed 3
Other 19
* Total 2021 - 2024 (current)

Consumer Complaints (Issues)

Pie chart displaying the complaints about consumer financial products and services that were sent to companies for response from residents in ZIP Code 40508. This visualizes the specific complaint issues that arose in this region, e.g. incorrect information on a report.

Jobs Breakdown in ZIP Code 40508

In 40508, 57.8% of the population is in the labor force. Recent estimates place 3.0% as working from home, while the total labor force in the region has a mean travel to time to work of 16.4 minutes. Approximately 31.2% of the employed population 16 years and over in 40508 work in educational services, and health care and social assistance, while an estimated 17.1% work in arts, entertainment, and recreation, and accommodation and food services. On the lower end of the scale, just 0.8% of 40508 workers 16 years and over work in information.

Job Industry Breakdown Details

Bar chart displaying job industry breakdown details for ZIP Code 40508. This visualizes the percentage of the population 16 years and over that work in certain industries, e.g. educational services, and health care and social assistance.

Job Industry Breakdown in 40508

Industry Percent
Agriculture, forestry, fishing and hunting, and mining 1.2%
Construction 2.4%
Manufacturing 6.8%
Wholesale trade 1.0%
Retail trade 13.4%
Transportation and warehousing, and utilities 2.6%
Information 0.8%
Finance and insurance, and real estate and rental and leasing 3.5%
Professional, scientific, management, and administrative 11.2%
Educational services, and health care and social assistance 31.2%
Arts, entertainment, and recreation, and accommodation and food services 17.1%
Other services, except public administration 7.4%
Public administration 1.5%

Notes

  • [4] Health data referenced here originate from the Centers for Disease Control and Prevention (CDC).
  • [5] Consumer financial product complaint data referenced here originate from the Consumer Financial Protection Bureau.
  • [6] Electricity rates and electricity usage data referenced here originate from the National Renewable Energy Laboratory (NREL) and/or the U.S. Energy Information Administration (EIA). Estimates utilize regional U.S. Census Bureau data along with regional NREL and/or EIA data.